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Fingers Crossed at Schweitzer Mountain Resort

SANDPOINT, ID-Multifamily development is part of the resort makeover, and sales of the first two projects have been brisk. Looking ahead to the other eight or nine projects, Harbor Mountain LLC is optimistic but uncertain.

By Janet Parker | Updated on October 11, 2001

SANDPOINT, ID-When a partnership between Harbor Properties and cellular mogul Keith McCaw Schweitzer Mountain Resort was purchased from receivership in 1998, it launched a 10-year plan that included several multifamily residential projects. Three years later, Harbor Mountain LLC’s mission to upgrade the ski area and transform it into a year-round resort has resulted in condominium sales that have surprised management.

One of the resort’s first orders of business targeted the well-worn Green Gables, its 82 hotel rooms being converted to 41 condominiums. Sales opened in November 1999 at an astounding pace, with deals inked on 31 units in just three hours at prices between $200,000 and $330,000. Stan Hatch, real estate sales director at Schweitzer, tells GlobeSt.com the condominiums, renamed the Selkirk Lodge, now function in quasi-hotel fashion with the units being available to rent when not occupied by their owners.

The second multifamily project is the White Pine Lodge, an undertaking of Schweitzer Development Company, a Harbor subsidiary. Hatch describes the new lodge as “the cornerstone of development that will probably take another nine to 10 years to build out an additional eight or nine buildings.”

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