Intrawest tried to buy it some years back when the resort was in financial trouble. The owners backed out at the 11th hour and ended up selling land to the Nature Conservancy instead to raise capital. The Nature Conservancy, in turn, transferred the land to the Wildlife Refuge.
This land deal with Nature Conservancy hurt the long-term viability of the resort because it removed much Timberline's expansion territory. Without that parcel, few investors see much value in the resort because there is so little land left to develop.