After announcing the sale of Soldier Mountain Ski Area for $149,000 on October 15, the area’s operating non-profit Soldier Mountain Ski Area, Inc. received more than 2,000 emails from interested parties within 72 hours. Because of the overwhelming response, the organization announced via Facebook they are no longer accepting inquires about the property.
Because the asking price is not meant to create a profit, only to pay off the amount owed to the bank, a bidding war will not ensue. Board members will be reviewing possible buyers before awarding the purchase to the owner best fit for Soldier Mountain. The non-profit said they hope to decide on a buyer by early November.
The original story was published October 15 on Powder.com.
Come on down, you’re the next contestant on The Price is Right: Ski Resort Edition! Yet another slice of a skier’s paradise is on the market for a price so low it might shock you in to refinancing your home this week. Soldier Mountain Ski Area, situated 53 miles southwest of Sun Valley Resort, announced their current financial status does not allow for the ski area to open this year via Facebook on Wednesday.
“After much deliberation we have decided to sell. Help us to find a buyer that can open up this ski season,” the statement read.
The non-profit ski area is on the market for $149,000, the amount owed to the bank for the past three years of improvements and operations. After purchasing the ski hill in the late 90s, “Die Hard” star Bruce Willis donated the mountain to the recently formed 501[c]3 Soldier Mountain Ski Area, Inc in 2012.
Seated on the southern fringe of the Sawtooth National Forest, the area’s three lifts provide access to 36 in-bounds trails with a 1,400 vertical drop over 1,150 skiable acres. Soldier Mountain also operates the only cat skiing operation in South-Central Idaho. Happy trails, Hans! It’s a good day to buy hard.