South Dakota's Deer Mountain Ski Resort Is Going Private
There have been some questions about the future of South Dakota's South Dakota's Deer Mountain Village Ski Resort Is Going Private over the last few years since its closure in 2017. It was supposed to reopen for the winter of 2022/23, which it didn't. It was reported that the new owners, Nebraska-based Keating Resources planed on putting on opening a massive Mountain Biking Park that would likely be open to the public.
It's official now that the new Deer Mountain will indeed be offering not just a ski village, but mountain biking, fishing, golf and lots of other outdoor recreational opportunities. It will be a member's only community that plans on featuring 185 mountain homes and up to 50 condos. They have invested in newly renovated lifts and a new 4,000-square-foot clubhouse. Lots are available ranging in price from $300,000 to $500,000 outfitted with high-speed fiber, water, electricity and gas. The Mountain Club membership is priced at $15,000 per year and provides unlimited access to skiing, tubing, mountain biking and hiking, and there are reportedly options available for non-lot owners as well.
Keating Resources, located in Atkinson, Nebraska, is investing in real estate in Florida, South Dakota, Wyoming, and Nebraska.
Deer Mountain, which opened over 50 years ago became a popular ski area, along with its nearby neighbor Terry Peak. The Peak is one of the oldest ski areas in the nation having opened in 1936 and is the tallest ski area in the Midwest with a vertical drop of over 1,100 feet. Deer Mountain has an 850-foot vertical. There are over 400 miles of snowmobile and ATV trails, and fly fishing in Spearfish Creek. The well known Deadwood, which offers gaming and entertainment, is nearby. The Black Hills offer the highest peaks, over 7,200 feet, between the Rockies and Alps in Europe.
