Jay Peak's summit reaches 3,966 feet, dropping roughly 2,153 vertical feet to a base at 1,814 feet across 81 runs spread over 385 acres near Jay, Vermont, close to the Canadian border. Terrain splits 50 per cent intermediate, 26 per cent beginner, 20 per cent advanced and 4 per cent expert, with average annual snowfall of roughly 359 inches, the highest of any ski area in the eastern United States. The resort carries Indy Pass affiliation. Nine lifts, including one aerial tram and four quad chairs, serve the mountain alongside one double chair, one triple chair and two surface lifts.

Jay Peak has earned a reputation as Vermont's snowiest resort, a distinction rooted in its far-northern location and prevailing weather patterns that deliver substantially more natural snowfall than mountains further south in the state. This snow reliability, combined with legendary gladed terrain, has built a devoted following among serious powder skiers.

Jay Peak opened for skiing in 1957. Following the sudden death in March 2006 of Jacques Hebert, the Canadian principal shareholder and operator, his heirs, lacking experience running a major resort business, decided to sell. In 2008, a group of investors headed by Ariel Quiros and resort CEO Bill Stenger purchased Jay Peak and undertook a major expansion funded through the EB-5 immigrant investor programme, adding hotels, condominiums, an ice rink and an indoor water park.

That expansion later proved to be the largest EB-5 fraud in American history, with roughly 350 million US dollars raised from investors and around 200 million US dollars misused on unrelated projects and personal expenses. The Securities and Exchange Commission seized Jay Peak in 2016, placing it under receivership until an auction in September 2022 saw Pacific Group Resorts, Inc. of Park City, Utah, acquire the resort for 76 million US dollars, with the sale completed that November and the bulk of proceeds distributed to defrauded investors. Adult daily tickets run from 99 to 149 US dollars, with a discount available for Vermont residents.