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Hidden Valley Four Seasons Sells for $12M

HIDDEN VALLEY, PA-Affiliates of the Kettler family sell the 1,500-acre resort to the Buncher Co., which promises to return it to its glory days.

By Marita Thomas | Updated on September 06, 2007

HIDDEN VALLEY, PA-The Pittsburgh-based Buncher Co. has closed on the acquisition of Hidden Valley Four Seasons Resort, the 1,500-acre property 60 miles southeast of Pittsburgh. The facility opened as a restaurant and inn in the 1950s and has been owned by affiliates of Gaithersburg, MD-based Kettler Brothers since 1983.

The terms of the deal are undisclosed. According to Somerset County public records, the property traded for $12.4 million. Several sources say the resort has been struggling over the past few years, and, according to published reports, avoided a sheriff’s sale by paying $900,000 in back property taxes.

The property includes 28 ski slopes and trails, an 18-hole golf course, clay and asphalt tennis courts, a sports club and other recreational amenities. There are currently 1,200 residential units, and a permitted master plan allows the addition of 1,800 more vacation homes, condos and townhouses.

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