Involved in shopping for a ski resort? You’ll want a cool $22.5 million.That’s the current itemizing worth of Cherry Peak, a small Utah mountain in Cache County that went on sale on Monday.This isn’t a potential ski space. Somewhat, it’s one which, since 2015, has served native Logan-area skiers and snowboarders and is about an hour and a half north of Salt Lake Metropolis by automobile. “It is a absolutely operational resort,” stated Rob Silk, a land skilled with Nice Plains Land Firm aiding with the sale.
Cherry Peak
In keeping with the itemizing, the prevailing ski enterprise spans three triple chairlifts, evening snowboarding, a magic carpet, a three-level lodge, and greater than 220 skiable acres (the property itself covers 174 acres of deeded land). Past winter operations, Cherry Peak turns into a marriage and music venue in the summertime, with a live performance deliberate for the approaching weekend. The resort’s web site says that it sees 320 inches of snow every year on common, however Cherry Peak, like different Utah ski resorts, struggled with low pure snowfall final winter amid one of many worst western ski seasons in reminiscence. The mountain has a base elevation of round 6,000 toes and peaks simply above 7,000 toes, making it certainly one of Utah’s lowest-elevation resorts. Cherry Peak’s additionally one of many latest resorts within the state, having opened simply years earlier than Woodward Park Metropolis, which acquired its begin in 2019.
Cherry Peak Resort
Silk known as shopping for the property “a uncommon alternative,” noting that whereas Cherry Peak is smaller, “it is in one of the stunning canyons in northern Utah.” Others suppose so, too, in accordance with Silk. Within the days for the reason that itemizing went dwell, Silk stated his cellphone has been “blowing up,” noting that each out-of-state and probably in-state patrons have expressed curiosity. He added that the possession needs the “proper individual” who could make Cherry Peak “larger and higher for the group.”“We’re actually attempting to suss that out with lots of people that we checked with,” Silk stated.As for the ski space’s future, the itemizing highlighted potential improvement as a promoting level, with potential lodging and single-family residence development alternatives. Some entitlements are in place already.“I believe most individuals which might be eager to sort of take this to the subsequent chapter are going to wish to actually construct out and proceed to do some improvement,” stated Silk. Within the meantime, Cherry Peak will proceed working, in accordance with the itemizing. “This providing isn’t the closure of a resort, solely its subsequent chapter,” it reads.
Associated: A Farewell From The Tele Dribble
