Big Tupper Ski Area is seen from Raquette Pond in Tupper Lake in 2018. (Enterprise photo — Aaron Marbone)

MALONE — The Big Tupper ski area was sold at auction Tuesday morning for $650,000 to a bidder who also bought two of the other parcels listed for sale. Those parcels included 1715 state Route 30, for $170,000, and Cranberry Pond, for $45,000.

Yehoshua Parnes, of Emerge Investment Management LLC, purchased the property at 483 Big Tupper Rd in Tupper Lake, as well as the other two parcels according to Franklin County Treasurer Fran Perry.

The auction came after years of advocacy and legal jockeying by those seeking to restore the ski center and creditors who sought to prevent foreclosure on the grounds that it would unjustly deprive them of large sums of money they were owed from a failed development project.

The Big Tupper ski area has long been defunct. Hailed as one of the largest development plans in the Adirondacks, private investors had sought to develop the Adirondack Club and Resort. While the Adirondack Park Agency granted building permits, the underfinanced project — caused in part by protracted court battles with environmental groups seeking to prevent development — never took off.

Owners stopped paying taxes on the property in 2013. Over a decade later, the county was finally able to foreclose on the property.

During the auction a fourth parcel, waterfront property along state Route 30, was also sold to a separate online bidder for $50,000.

This is a developing story and will be updated as more information becomes available.