Blue Ridge Mountains
The Blue Ridge Mountains are a physiographic province of the larger Appalachian Mountains range. The mountain range is located in the Eastern United States, and extends 550 miles southwest from southern Pennsylvania through Maryland, West Virgin ...
. The project was founded by developer Bob Horne, and included a
golf course
A golf course is the grounds on which the sport of golf is played. It consists of a series of holes, each consisting of a tee box, a fairway, the rough and other hazards, and a green with a cylindrical hole in the ground, known as a "cup". Th ...
bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor ...
and
foreclosure
Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.
Formally, a mortg ...
it was divided and sold separately. A group of property owners founded a partnership called the Laurel Creek Group, purchased the homes from foreclosure, and created the Powder Horn Mountain Property Owners Association. The group then deeded the common property to the homeowners associatio
The golf course no longer exists, and the land is now owned by many individual owners and is not part of PHM. Leatherwood, a newly formed gated community, is located on the site of the old riding stables. Recent years have seen the community resuming steady but slow growth. The Powder Horn Mountain POA annexed more than formerly known as "Brightwood IV" into Powder Horn in 2005, an area now known as Powder Horn Estates.
There is an unrelated Powder Horn Golf Community in Colorad