Mt. Waterman ski resort near L.A. relisted for $3.3 million after deal falls through

Oct. 24, 2026 Updated 5:24 PM PT As California braces for a historic “super” El Niño after years of drought, many die-hard skiers are looking to the mountains and hoping for snow.Mammoth Lakes received 3 to 6 inches of snow in the last three days and plans to open the Mammoth Mountain Ski Area on Nov. 13, according to spokesperson Mike Imes.Nevada’s Mt. Rose ski resort, with the area’s highest base elevation at 8,260 feet, plans to open early, according to SFGATE. It was supposed to open Nov. 20, but now it will be the first resort in the California-Nevada region to open for the 2026-27 winter season.Closer to home, the historic Mt. Waterman ski resort, known for its steep slopes and black diamond runs, was listed for sale Wednesday for $3,275,000.Make that relisted.“The previous buyers had big dreams,” said listing agent Marc Ramirez of Pacific West Business Properties. But in the end, too many obstacles got in the way, including the government shutdown and the Pineapple Express storm in December 2025 that damaged one of the ski lifts.In 2024, an investment group called Angeles Mountain Partners LLC (“AMP”) announced in a news release that it had acquired the historic property. Th...