3200 11000, Richmond, UT 84333
—BD/—BA Commercial Sale in Richmond, UT 84333. Built 2014. Listed at $22,500,000. MLS #2172995.
—BD/—BA Commercial Sale in Richmond, UT 84333. Built 2014. Listed at $22,500,000. MLS #2172995.
$22,500,000
A rare opportunity to acquire Cherry Peak Resort, a one-of-a-kind Northern Utah mountain offering just outside of Logan Utah. 174 deeded acres surrounded by public land and overlooking the growth and beauty of Cache Valley. Tucked between the 44,523-acre Mount Naomi Wilderness and 14,484 acres of state land, this is a fully operating resort, four-season event venue, and development opportunity in one asset. Resort operations are ongoing and will continue on! This offering is not the closure of a resort, only its next chapter. With city utilities, year-round county road access, numerous existing entitlements, potential for 15+ room incidental lodging, and multiple single-family home development opportunities, Cherry Peak is positioned for its next chapter. Just 15 minutes from Logan Airport and about 1.5 hours from Salt Lake City International Airport, this is a rare chance to own a working ski resort, a 365-day events destination, and investment land with real infrastructure in place. The ski business is already in motion currently supporting 220+ skiable acres, 29 runs, three triple chairlifts, a magic carpet, terrain park, night skiing, rental/ticketing operations, ski patrol support, a 7,040-foot resort summit, 5,775-foot base elevation, and 1,265 feet of vertical drop. Above the resort, Cherry Peak rises to 9,765 feet, creating a dramatic mountain backdrop and a sense of place that cannot be duplicated. The setting is further enhanced by Cherry Peak Canyon, where mountain trails extend toward the Mount Naomi Wilderness and create a direct connection to the surrounding backcountry. From ridgelines and wooded canyon terrain to the waterfall that feeds into Cherry Creek Abutting Cherry Creek and At the center of the property is a 15,784 square foot surrounded by the , three-level lodge built for far more than winter. The main level supports resort operations; the second level opens toward the ski hill with dining, porch access, stage presence, and commercial kitchen capacity; and the third level expands into a ballroom, bridal/green room areas, prep space, and room for weddings, receptions, concerts, retreats, and private events.
Property Type
Commercial Sale
Property Style
Retail
County
Cache
Lot Size
174 sq ft
Condition
Blt./Standing
MLS #
2172995
Property Type
Commercial Sale
Property Style
Retail
County
Cache
Lot Size
174 sq ft
Condition
Blt./Standing
MLS #
2172995
List Price
$22,500,000
Annual Taxes
$17,225
Home Warranty
No
List Price
$22,500,000
Annual Taxes
$17,225
Home Warranty
No
Heating
Electric
Appliances
Furniture,Good Will,Real Estate,Supplies
Heating
Electric
Appliances
Furniture,Good Will,Real Estate,Supplies
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
$427,000
+5169% vs median
82 days
12
$355,000 – $1,499,999
$17,225
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