Independently owned Mt. Rose ski resort in Lake Tahoe, NV is officially for sale.
95-year-old Fritz Buser has been the majority owner of the ski resort since 1971. Fritz “is looking to sell the resort,” according to a statement issued yesterday afternoon.
“From a business perspective, the timing is right with the 2014-15 season proving highly successful despite enduring the leanest snow season in the history of the mountain. In addition, the 2015-16 winter is currently on track to be one of the strongest in the last 10 years and prove exactly what the resort is capable of achieving in a typical or above average snow year.” – Mt. Rose statement
The staff at Mt. Rose was told this week about Fritz’ intention to put the resort up for sale.
The sale would include the 1,200 skiable acres of Rose plus a mix of private property, land leaded from the US Forest Service, and some private land along Highway 431 zoned for commercial use.
“There is ability to develop real estate on that side.” – Mike Pierce, Mt. Rose marketing director
Mt. Rose has spent millions upgrade the past 15 years including adding “The Chutes”, adding the Winters Creek Lodge, and 2 new high speed six passenger lifts.
“The basics are that Fritz is a healthy 95 years young and is ready to hang up his skis and retire.” Mt. Rose statement
MT. ROSE STATS:
Average snowfall = 400″
- Top elevation = 9,700′
- Bottom elevation = 7,900′
- 1,200 acres
- 60+ runs
- 20% beginner
- 8 lifts (2 six-packs, 2 quads, 2 triples)
- 2 rope tows
- Snowmaking on 28% of resort