By: Mike Kennedy February 12th, 2008 Category: Wisp Real Estate, Wisp Ski Resort

We had a meeting with one of the main real estate developers at Wisp Ski Resort this morning. Here are some of the notes from that meeting and what we can expect to take shape over the next few years;

Signature Hale Irwin Lodestone Golf Course

Construction is underway on the golf course and a projected finish date is late 2008 or mid-2009.

• After completion they are also planning on building an outdoor swimming pool and indoor fitness center.
• For a limited time existing Villages of Wisp owners and property owners in the other subdivisions atop Wisp - like Boulder Ridge, Deep Creek Highlands, and North Camp - can purchase a Lodestone Golf Membership. It’s not cheap….a full Lodestone Golf Membership is $40,000 - one half is due now and the other half will be due when the facilities are complete. However, there are options should someone want to transfer their membership in the future.

Why should think about buying one if you already own a property at Wisp? Well, in a nutshell, at some point in the future they will stop offering these memberships AND their will be options to transfer these memberships to a future purchaser. It may make your property more appealing should you ever decide to sell.

Wisp Mountain Village

• In late 2008 or early 2009 they plan to start their next residential building phase. It was reported it will consist of about 130 single family units - probably town homes of some sort.
• In 2009 they also plan to start construction on an Alpine Club and Skier Services building.
• This will be followed by additional residential buildings, a spa, general store, boutique retail, and other restaurants.

Ridge Run Town Homes

• These units are nearly identical to the Kendall Camp town homes.
• Two units per building - all are end units.
• They will be located next to Chair #7 right beside the new slopes in North Camp.
• Non-binding reservations are being accepted now and they will probably release the units for sale at the end of March, 2008.

Skiing in 2007/08

• The new Polecat snowmaking machines were placed on Squirrel Cage which allows them to make snow at a higher temperature than in years past.
• There is a 5 year plan to replace all snowmaking equipment on the mountain.
• Wisp Resort is officially “green” now. Recycling bins are everywhere.
• Inter-connecting trails will be built after the golf courses are completed.

For how warm this winter has been thus far, the Wisp has done an incredible job making snow and keeping their entire mountain open. While other eastern resorts such as 7-Springs and even Killington have had trouble holding events their have been no such problems at Wisp. This is due primarily to the Wisp’s ability to draw water out of Deep Creek Lake to make snow and also investing in the latest and greatest snowmaking equipment.

Remember we can assist you with any property currently for sale at Wisp - whether it’s one of their new projects and releases like the ones mentioned above or a resale property. Please don’t hesitate to contact us about any property for sale at Wisp. We invest quite a bit of time staying abreast of the current happenings atop the mountain to better assist our clients.