Echo Mountain, one of the few Colorado ski areas that sits entirely on private land, has been put up for auction by its owners. Racebrook and its auction affiliate, Sheldon Good & Company are soliciting bids for the resort via a sealed bid auction format, with bids due by Aug. 2, 2012.
Opened in 2006, Echo Mountain’s location, just 35 miles west of downtown Denver, offers beautiful north-facing mountain terrain that varies from 9,000 to 11,000 feet in elevation with unparalleled views of the Continental Divide and a ski season that often stretches into May. Echo is known as Denver’s closest and most affordable family-oriented ski and snowboard area and boasted the best snow in Colorado this year. The resort provides guests with a very accessible year-round destination for weddings, mountain biking, hiking, picnics, cross-country skiing and snowshoeing. The owners chose Racebrook and its auction affiliate, Sheldon Good & Company to sell Echo Mountain to enable them to focus on their other business ventures while ensuring a guaranteed date of sale, allowing the new owner time to prepare for the next winter season.
Resort highlights include more than $8 million in improvements with two multi-purpose buildings, which incorporate administrative offices, cafeteria, retail and rental shop, close-in parking and average snowfall of 220 inches with 300 days of sun annually. The property also features a vertical drop of 660 feet that can be expanded to 1500+, 16 named trails; three lifts including a 2000 ft. fixed grip triple chair, a magic carpet surface lift for the learning center and a handle tow for the events area; proven helipad and state-of-the art snowmaking operations with 4 wells and a reservoir. Less than 33% of the 226 acres have been developed and the resort is surrounded by U.S. Forest Service managed property, making its operations expandable through trades or leases.
