- A shuttered, 373-acre ski resort outside of Denver, Colorado, hit the market in September.
- The resort, Slopes at St. Mary's Glacier, closed in 1986 and has remained unused since.
Every skier has dreamt of pristine slopes without other patrons slicing through their downhill bliss. In Idaho Springs, Colorado, a town about 30 miles from Denver, that dream can be achieved for a hefty price tag.
Slopes at St. Mary's Glacier, a shuttered, 373-acre ski resort is currently up for grabs for $7 million.
Kristin Michas, Josh Jackson, and Les Pfenning of Sotheby's International Realty have the listing, which went up in mid-September. They told Insider they've had lots of interest from prospective buyers in the potential of the land.
"We're getting a lot of interest from a flurry of people," Michas told Insider. "We've got developers to people who would like to look at it for a personal residency — as kind of a ranch situation."
The property has 81 individual parcels that are ready to be reimagined, according to the listing.
From the 1930s to 1980s, Slopes at St. Mary's Glacier operated as a ski resort and was owned by a married couple, according to the agents. An LLC owns the property today.
The former ski resort closed its lifts in 1986 and hasn't been used since, according to Axios. Depending on who ends up buying the property, it might be up and running in no time.
According to the listing, property taxes will run a buyer $19,355 a year, although the listing also indicates that that price is only for a particular portion of the property.
At the moment, the land is zoned for mining, medium-density residential buildings, and multi-family residential, according to Powder, but regardless of the next owner's plans, they're going to have to go through the county to get them approved, Pfenning said.
The property is selling for about $18,700 an acre, which might sound nice to some, but the property has been pretty much left alone for a few decades. The next buyer will have to put in a few extra dollars to refurbish the place, the agents said.
"The acquisition cost is just the start," Jackson told Insider. "There's going to be significant investment after the fact just to get the improvements in to accommodate whatever is built there."
Jackson also noted that from a developer's perspective, there's an opportunity for Idaho Springs to become the next big ski town.
Michas said that there is a high probability that the next buyer will revive the Slopes at St. Mary's Glacier resort in full. Pfenning added that, at 373 acres, the property can accommodate almost anyone's wildest ski-retreat fantasy — whether that be a bustling resort or an isolated, icy compound.
"There's just tons of things that surround mountain living and mountain types of things to do that this property could work for," Pfenning told Insider. "It's just up to your imagination."