This is a wonderful hike. You will park at the southern trailhead for the Tongue Range, Clay Meadows next to a quarry. From there you will follow a nice trail around the shore of the lake to Montcalm Point where you'll have great views of the Narrrows. Then you'll gradually ascend the southern end of the Tongue Range over 3 nice peaks with great views over the lake below.
Directions to Clay Meadow Trailhead:
Take exit 24 off of I-87 and head east on the Bolton Valley-Riverbank Road toward Bolton Landing. When you get to Route 9 turn left to head north. Clay Meadows is 4.5 miles from the turn and the trailhead is on the east side of the road next to a rock quarry filled with water. No fee to park here.
Tip: There is a specific species of rattlesnack that only lives in the Tongue Range so be aware of this, not necessarily scared of this as they certainly are more afraid of you than you are of them.
Here you have the choice of continuing straight to head right up into the mountains or head along the bay towards Montcalm Point. Head along the lake towards Montcalm Point and you will return to here on the way out.
At 1,572 feet you are the top of the first mountain in this loop hike, First Peak. In the photos the summit is shown in the upper left hand side of the photo. The other photos show the views down to the lake.
I just did this hike yesterday and it was really amazing. According to my GPS stats the mileage is a bit more than described here. The loop came out to about 14.5 miles with just over 3,000 feet of elevation gain. I would also recommend heading the opposite direction than described here so you are fresh for the majority of elevation gain which is heading up 5th peak. In the summer it would probably also be pretty great to stop montcalm point for a swim. Visited on Feb 03, 2013