After closing four years ago, an investment firm in Boston is reportedly making a serious offer to get Saddleback back open. The firm looks to invest $25-$30 million into the resort, and would likely reopen the resort soon.
Saddleback remains the 3rd largest ski resort in Maine, and was a huge economic driver to the Rangeley area prior to closing.
Under the previous ownership, the was a large expansion plan in the works. Time will tell if the new owner will follow through with the previous owner’s expansion plans.