The Town of Waterville Valley was incorporated in 1829. It is an island in the middle of the White Mountain National Forest comprised of about 42,000 acres of which 41,300 are National Forest. There are approximately 465 privately-held acres on the valley floor. The history of Waterville Valley is best described as pre-1965 and post-1966, which was the date that the major development of the Valley and the construction of the Mt. Tecumseh Ski Area were started.
Prior to 1966, Waterville Valley was primarily a summer destination resort where families came to vacation in the Waterville Inn or in about 20 privately-owned cottages at the "north end" of the Valley. The hotel began to attract winter guests after World War II after building a small ski lift at the back of the property. Prior to the 1940s, the Town had been a lumbering community, and before that, a farming community.
In 1965, the Waterville Company, Inc. was formed. The company purchased almost all privately-held land in the Valley and began the process of developing a year-round resort concentrating initially on Mt. Tecumseh Ski Area. The town is now about 75% built out, with over a thousand condominium units, homes, time-share units, and hotel rooms, as well as a commercial complex with shops and restaurants. Although there are only about 260 year-round residents, on any given weekend, the town is prepared to host 4,000 to 6,000 people in the Valley.
Waterville Valley has established itself as a premier winter vacation resort; however, it has also become known for its summer amenities which include a nine-hole golf course, clay tennis courts, Corcoran's Pond with its related water activities, mountain biking, a rollerblade sports park, numerous hiking trails, and several good fishing holes. Both the summer and winter activities are enhanced by an athletic club with indoor and outdoor swimming pools, indoor tennis and handball courts, and weight rooms.
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