Centex Destination Properties is working with Loon and developing nearly 400 acres of prime real estate between the mountain and the Pemigewasset River. South Peak Resort on Loon Mountain will be an upscale, four-season mountain destination including private ski-in/ski-out and riverside custom homes and condominiums with premium amenities.

Planned amenities include The South Peak Club, featuring an indoor/outdoor pool pavilion, hot tubs, massage studio, fitness center, theater room, dining facility, and skier services. Hiking and biking trails throughout the resort will offer opportunities to bike or stroll through the woods and along the river, and outdoor fire hearths will become natural outdoor gathering places.

Phase I of the project, which began in November 2005, included infrastructure development and 67 single-family home sites. Market demand remains strong and Phase II development is well underway, highlighted by the introduction of Riverside Terrace Condominiums. The initial Riverside Terrace buildings have been completed, with owners taking occupancy this past summer, and two more buildings are scheduled to be ready for occupancy by mid-winter. South Peak Resort projects an eight- to ten-year build-out for amenities and residences.