An abandoned ski resort near Lake Tahoe is on the market with a $4 million price tag, offering a rare chance to revive a long-defunct mountain operation.
The former Iron Mountain Ski Resort, located about 20 miles south of Lake Tahoe near Kirkwood, sits on 65.09 acres and still features remnants of its old lift infrastructure.
Originally opened in 1971 as Silver Basin, the small ski area went through multiple rebrandings including Ski Sundown, Iron Mountain and Carson Ski Area before shutting down for good in 1995 after years of financial struggles and competition from nearby resorts.
The property listing includes zoning for ski resort operations as well as campgrounds and RV spaces, along with preapproved permits for 22 to 46 townhomes, giving potential buyers several redevelopment options.
Although the resort has been dormant for decades and was damaged by the Caldor Fire, the site’s lift towers and terrain remain, leaving open the possibility that someone could attempt to bring skiing back to the historic property.
Listing Price: $4,000,000Â USD
Discover an exceptional opportunity to own 65.09± acres of versatile land. The old Iron Mountain Ski Resort, perfectly situated just off Hwy 88 along Mormon Emigrant Trail Road. This expansive property comes with pre-approved building permits for 22–46 condo/townhome units, offering immense potential for residential development. Zoned for campgrounds, RV spaces, and ski resort use, the site also features existing ski lift towers, making it ideal for recreational or resort development. Priced at just $61,453 per acre or $1.41 per square foot, this flexibly zoned parcel is a rare find for investors and developers looking to create a premier destination in a sought-after location.
Features
- Previously approved for multifamily use
- Ski lifts on site
