Oak Mountain For Sale - Upstae New York
This is the area where I learned to ski. Oak Mountain is located in Speculator, New York in Hamilton county, inside the Adirondack Park, not far from Gore Mountain.
They want $2.4 Million for 300 acres. It is great property. The ski area owners haven't made the greatest business decisions and they haven't had good luck with weather. They have snow making now but it doesn't seem to make a difference. Last winter over Christmas break they got some snow but the cat was out of commission.
If we get 1000 people to each put up $2,400 we could keep this little gem of upstate New York going! It sounds like a perfect task for a bunch of Maggots. We could even rename it Maggot Mountain!
I am in for a share!
Here is the description from the web site:
OAK MOUNTAIN SKI CENTER is the family ski area. We have LOW prices, 14 trails, a quad chair, 2 T-bars, tubing area, night skiing, lessons, ski and snowboard rentals, cafeteria, and base building with a cafeteria, restaurant and bar, everything you and your family want. There are trails for every level of skier and they all end at the base area so no one can get lost. We have a friendly, family atmosphere , no glitz or glamour, just plain fun.
Oak Mountain Ski Center Statistics:
Summit Elevation: 2,400'
Vertical Drop: 650'
Average Annual Snowfall: 120"
Trails: 11
Lifts: 3
Snowmaking: 65%
Night Skiing: yes
Trail Map:
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Here is the mountain web site:
http://www.oakmtski.com/
Here is some press on it:
Oak Mountain is for sale; hopes to open for skiing this winter
By PETE KLEIN
Staff Reporter
With Oak Mountain and Oak Mountain Ski Center up for sale, the Hamilton County Industrial Development Agency (IDA) is taking a wait-and-see approach on the future of the ski center.
When the IDA met in Lake Pleasant Thursday, Sept. 7, Chairman Brian Towers said he and Hamilton County Board of Supervisors Chairman William Farber had spoken with Oak Mt. owners Norman and Nancy Germain earlier in the week on the status of the ski center and the rumors circulating about it.
Towers said Oak Mountain and the ski center there are listed for sale and, “The IDA has no objection to the sale.”
Oak Mt is currently listed two different ways by Long Lake Real Estate for an asking price of $2.4 million. The property is listed both as a ski center with building and equipment on 263 acres, and as vacant land of 300 acres.
Under the vacant land listing, the Long Lake Real Estate web page states: “Zoned in the Hamlet. Half-acre lots to five-acre lot minimums available per the Adirondack Park Agency. Investors and developers take advantage of this opportunity to subdivide this land. Currently operating ski mountain, the new owner can forgo the operation of the mountain and take advantage of the assets there for subdividing.”
The IDA went briefly into executive session to discuss the ski center’s finances but no action was taken.
Good news came later during a telephone conversation with Norm Germain, who said he is hoping to open the mountain for skiing this winter and is negotiating to lease out the restaurant operation.
The plan to open the ski center, Germain said, is dependent upon gaining some control over the cost of doing business. In addition to two years of uncooperative winter weather, insurance and energy costs have made profitability difficult.
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