News: Colorado's Powderhorn Ski Area To Be Auctioned August 4

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From The Summit County Citizen's Voice:

It’s not every day that a ski area goes up for sale, but Powderhorn, a small family oriented area on the Grand Mesa, near Grand Junction, is heading to the auction block August 4.

The property for sale includes four ski lifts, about 750 acres of real estate, a lodge with 16 guest rooms, as well as the mountain operations building, equipment maintenance facility, dry storage building and an administrative building. The ski area includes 600 acres of maintained terrain spread over 44 trails on national forest lands.

“We’re excited for what the future of Powderhorn can be, and we know the potential that it has, so we’re working with the leader in high-end real estate auctions to ensure a quick and positive experience for us and for the future owner,” said Steve Bailey, the CEO and president of Powderhorn. “On behalf of the current ownership and staff, we are looking forward to the transition for this gem of western Colorado.”

A spokesperson for the auction company said that, despite Powderhorn’s past financial woes, the resort has been running smoothly for more than 10 years.

“Bailey and Skalla have run the resort with no real financial issues … The two men are 70 and 73 and are ready to move towards retirement,” said Caley Newberry. “We at J. P. King primarily focus on premier and high-end properties that are not distressed, and Powderhorn is no exception to that,” she added.

The resort's trail map:

Powderhorn Ski Area Trail Map

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