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Killington

Vermont's largest mountain. Its biggest investment cycle in decades. The strongest buyer opportunity in the Northeast right now

INTRO

Killington attracts a specific kind of buyer — and understanding who that buyer is, and why they're here, is the starting point for any intelligent acquisition. I've spent years studying what drives value in resort real estate markets like this one. What follows is not marketing copy. It's the honest market read I give every buyer I work with.

Who Buys Here

Killington attracts serious skiers first — buyers who care about vertical, terrain variety, and season length above everything else. The typical buyer has skied Killington for years and is ready to stop paying lodge prices. They're not primarily motivated by rental income — they want a place that works for them and holds its value. Cash or low-leverage, $1.5M–$4M+ range.

What Drives Value

Ski access is everything at Killington. Properties on the mountain or within shuttle distance of the lifts command a premium that has historically held regardless of market conditions. The new ownership group has committed $38M in infrastructure in two years — new high-speed six-pack, new gondola cabins, major snowmaking expansion. That capital investment directly supports residential pricing. Basecamp at Bear Mountain — Vermont's only gated ski-in/ski-out community at $3.5M+ — is setting new pricing benchmarks for the market.

The Rental Income Reality

Killington has Vermont's most active rental market. If rental income matters to you, Killington delivers better occupancy than any other Vermont mountain due to season length and terrain. At the $2M+ price point, rental income covers expenses — it rarely generates meaningful profit. I model the actual numbers before you buy, not the developer projections.

Resort Trajectory

New ownership since 2024 has changed the trajectory of Killington meaningfully. $38M invested in two years. Another $22M committed for 2026. The Great Gulf $3B Live Killington village expansion is the most significant resort development project in Vermont in decades. Killington is in the early stages of a transformation that should support residential pricing for years.

 

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