Cache County, Utah — One of Utah’s newest ski resorts is now on the market. If you want in, you’re going to need Scrooge McDuck-level money.
This week, Cherry Peak Resort was officially listed on the market.
This news is notable for a few reasons. For one, it’s priced at $22.5 million, which is well above what we’ve seen other ski resorts listed for. Secondly, it’s a bit surprising that a relatively new ski resort is on sale already. It first opened during the 2015-16 season, making it one of the newest ski resorts in Utah. The third point is that there’s ample room for the development of overnight accommodations.
It’s one of the two ski resorts serving the small city of Logan, the other being Beaver Mountain. The ski resort features 29 trails, 4 lifts, and a vertical drop of 1,265 feet. Further terrain expansion appears dependent on U.S. Forest Service or State of Utah approval. At this point, its mellow terrain network caters to families.
The 15,784-sq-ft multi-level base lodge is also beautiful. Some of the current features include a wraparound deck, fireplaces, a ballroom, and rooms for the departments (such as ski patrol and rentals). There’s also the possibility of building overnight lodging next to the existing building or across the street.
Unfortunately, it gets less snowfall than other Utah ski resorts. According to Cache Valley Daily, the ski resort’s elevation is below that of other Utah ski resorts. This has led to early closings and a reduced weekday operating schedule.
They’ve been able to keep the ski resort busy during the summer. Cherry Peak hosts concerts, and its lodge is used as an event space for weddings. There are various approved uses that a future owner could implement, including mountain biking, disc golf, and ziplines.
We did end up reaching out to the current owner last week regarding the news, but he didn’t return a request for comment.
You can view the listing here. More photos of the property are below.
Image/Video Credits: Great Plains Land Company, Cherry Peak Resort
