Mt. Belmont's first trail was built to accommodate the 1942 Northern Rocky Mountain Ski Races, and was selected amongst other surrounding mountains including Elkhorn Peak,
Red Mountain, and Mt. Edith. The ski area was owned and operated by the non-profit Belmont Ski Club from 1941 thru much of 1985 when it was sold to the Taylor family who have developed the ski area and operated ever since. The first chair lift, Mt. Belmont chair, was built in 1986 and went to the top of the mountain. New chairlifts have been added to mid-mountain areas and a recent expansion of the area added the Rawhide and Wild West Chairlifts. ==Current operations==