While it currently does not offer lodging on site, a Draft Environmental Impact Statement has been submitted to the regional planning commission to allow for the development of a resort inclusive of a hotel, condominiums, and various other additions.

[citation needed] The resort is located on the west shore of Lake Tahoe, and most of the mountain faces east, shielding the snow from buffeting winds.

The resort is known to have great views of the lake and excellent powder, once winning a top 10 award in the Ski Magazine.

[6] Due to the delays in approving the redevelopment plan and a lack of further financial support from their investors, Homewood announced in October 2024 that they would not open for the 2024-25 ski season.

Homewood Mountain Resort, on average, experiences 400 in (1,000 cm) of snow precipitation and has about 300 days of sunny weather a year.