{"id":506895,"date":"2026-10-24T20:56:08","date_gmt":"2026-10-24T20:56:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/506895\/"},"modified":"2026-10-24T20:56:08","modified_gmt":"2026-10-24T20:56:08","slug":"mt-waterman-ski-resort-near-l-a-relisted-for-3-3-million-after-deal-falls-through","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/506895\/","title":{"rendered":"Mt. Waterman ski resort near L.A. relisted for $3.3 million after deal falls through"},"content":{"rendered":"\n

As California braces for a historic \u201csuper\u201d El Ni\u00f1o<\/a> after years of drought, many die-hard skiers are looking to the mountains and hoping for snow.<\/p>\n

Mammoth Lakes<\/a> received three to six inches of snow in the past three days and plans to open the Mammoth Mountain Ski Area on Nov. 13, according to spokesperson Mike Imes.<\/p>\n

Nevada\u2019s Mt. Rose ski resort<\/a>, with the area\u2019s highest base elevation at 8,260 feet, plans to open early, according to SFGate. It was supposed to open on Nov. 20, but now it will be the first resort in the California-Nevada region to open for the 2026-27 winter season.<\/p>\n

Closer to home, the historic Mt. Waterman Ski Resort<\/a>, known for its steep slopes and black diamond runs, was listed for sale on Wednesday for $3,275,000.<\/p>\n

Make that relisted.<\/p>\n

\u201cThe previous buyers had big dreams,\u201d said listing agent Marc Ramirez of Pacific West Business Properties. But in the end, too many obstacles got in the way, including the government shutdown and the Pineapple Express storm<\/a> in December 2025 that damaged one of the ski lifts.<\/p>\n

In 2024, an investment group called Angeles Mountain Partners LLC (\u201cAMP\u201d) announced in a press release <\/a>that it had acquired the historic property. The group planned to upgrade the resort by offering \u2018country-club style\u2019 memberships, including \u201chelipad access\u201d when the Angeles Crest Highway is closed during prime skiing conditions.<\/p>\n

Ramirez, born and raised in LaCa\u00f1ada and worked at the resort in the 90s, said the press release was premature.<\/p>\n

\u201cNo one called to check if escrow had closed,\u201d he said. \u201cBecause we\u2019re on national forest land, they would need approval for a special use permit from the Forest Service. They didn\u2019t get it. After the press release, the Forest Service called me and asked, \u2018What is going on?\u2019\u201d<\/p>\n

He added that the investment group also didn\u2019t have the money to make the improvements they wanted for their vision of a private club with special privileges. These included updating the warming hut and clubhouse and adding a mountain bike park.<\/p>\n

\u201cI\u2019m pretty confident we would not allow \u2026 any kind of exclusive use,\u201d Justin Seastrand of the U.S. Forest Service told The Times in 2024<\/a> regarding their plans for an exclusive ski resort.<\/p>\n

Yesterday, however, Seastrand, who oversees public services in the Angeles National Forest, told SFGATE <\/a>that the Forest Service is committed to the ski area. \u201cOur 2023 permit was issued for 20 years and we are always standing by more than willing to work with potential buyers as well as current owners to efficiently process a sale and meet our requirements for a new permit,\u201d he said in an email.<\/p>\n

Now that the 20-year special use permit to operate an all-season resort is in place, Ramirez is optimistic about selling the 390-acre resort, which is located an hour from the city in the Angeles National Forest. <\/p>\n

\u201cWe have the steepest skiing in Southern California,\u201d Ramirez says, referring to the black diamond slopes. \u201cWe offer advanced skiing you can\u2019t find unless you drive to Mammoth.\u201d He says he\u2019s received about 25 calls a day since the listing went live and is in serious talks with two interested buyers.<\/p>\n

Ramirez, who once taught snowboarding at the resort and held other jobs there, admits he feels emotionally attached to the property. \u201cIt\u2019s important to find the right buyer because it\u2019s a special place. You can ski and still be home for dinner,\u201d he adds. \u201cYou can\u2019t get that at Mammoth.\u201d<\/p>\n

The new listing,<\/a> which is $1 million higher than when it first went on the market in 2024, highlights the new transferable 20-year permit to operate, three fully insured and certified chair lifts (Chair 1 was damaged during the Pineapple Express storm in January) and two cabins. <\/p>\n

The listing also mentions the helipad, but this time it\u2019s for emergencies, not for exclusive country club access.<\/p>\n","protected":false},"excerpt":{"rendered":"As California braces for a historic \u201csuper\u201d El Ni\u00f1o after years of drought, many die-hard skiers are looking…\n","protected":false},"author":2,"featured_media":506896,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[217,10379,195829,195826,93333,48,52,51,175254,47,50,49,18854,195825,195827,195828,3230,4894,36341,45045,271],"class_list":["post-506895","post","type-post","status-publish","format-standard","has-post-thumbnail","category-los-angeles","tag-day","tag-forest-service","tag-helipad-access","tag-investment-group","tag-justin-seastrand","tag-la","tag-la-headlines","tag-la-news","tag-listing","tag-los-angeles","tag-los-angeles-headlines","tag-los-angeles-news","tag-mammoth-lakes","tag-mt-waterman-ski-resort","tag-national-forest-land","tag-pineapple-express-storm","tag-plan","tag-press-release","tag-ramirez","tag-resort","tag-snow"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/506895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=506895"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/506895\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/506896"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=506895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=506895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=506895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}