Powderhorn Ski Area, 45 minutes outside of Grand Junction, will be sold at an auction for cash on August 4th. Bidders can buy the whole resort with four ski lifts, a lodge, 16-room inn, mountain operations building, equipment maintenance facility, dry storage building and an administrative building, or they can buy pieces. J.P. King Auction Co. is handling the auction.
Current owners wouldn’t disclose how much was paid for the resort in 1998, but property records for the resort’s address listed a sales price in 1995 of $1.1 million, according to the Mesa County assessor’s office. In the last 13 years, managers made improvements to its parking lot, ticketing and water system, among other changes. Powderhorn, in Mesa, gets around 75,000 to 85,000 skier visits each year.
Nationwide, skier visits have risen from an annual average of around 50.2 million during the 1980s to about 60.1 million this past season, according to preliminary numbers from the National Ski Areas Association. However industry officials have been preparing for what could happen if baby boomers leave the sport and their children and grandchildren don’t follow in their tracks.