LEAD, S.D. — Keating Resources, a real-estate investment company already known locally for projects like Sportsbook Deadwood, has purchased the 680-acre Deer Mountain Ski Resort in Lead.
The resort was a popular recreation destination for 50 years before closing in 2017.
Keating Resources CEO Gerard Keating says that the 150-acre winter sports venue and lodge will reopen on December 1, 2022.
A 750-foot-long Magic Carpet Lift with an estimated cost of one-million dollars will support one of the longest tubing runs in the U.S.A.
130 fully-improved, one-to-three-acre mountainside home lots will be offered for sale beginning July 1, 2021, in a private-gated community called Deer Mountain Village.
Keating adds that the location “sells itself,” being a 15-minute drive to Deadwood and surrounded by four-season recreation opportunities.
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