After three uncertain years in bankruptcy court, Wolf Mountain has been purchased by an investment group that promises a solid future for the family-focused mountain outside Eden, Utah in the Ogden Valley.
The Skyline Mountain Base group has announced that it bought the ski mountain – the last parcel to be purchased at bankruptcy auction. No price was revealed.
"We’ve bought the mountain. We have new management. And we do have expansion plans," Skyline Mountain Base marketing director Shauna Jensen said in an article in the Salt Lake Tribune.
The smallest winter sports mountain in Utah, the current ski terrain footprint at Wolf Mountain covers less that 25 percent of the mountain, Jensen said, and long-term plans likely will include developing north-facing slopes.
The purchase from creditor American First Credit is good news for skiers and snowboarders in the area who have endured several years of uncertainty at the mountain formerly known as Wolf Creek Utah.
The sale also is the final step in the Chapter 11 bankruptcy process that began in 2010 and involved the auction sales of a golf course, residential development, lake and tennis courts.
Opened in 1969, the 110-acre ski and snowboard mountain with three lifts is best known for lighting all its 15 slopes and trails for night skiing and riding. Already, the new owners have extended night skiing and ‘boarding to Sunday evenings, as well as upgrading the rental fleet, according to Jensen.
Photo: Wolf Mountain, Utah (Facebook)