SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    Form 8-K

                Current Report Pursuant to Section 13 or 15(d) of
                           The Securities Act of 1934

                Date of Report (Date of earliest event reported)
                               September 11, 2001

                         Blue Ridge Real Estate Company
                             Big Boulder Corporation
             (Exact name of registrant as specified in its charter)

                  0-28-44 (Blue Ridge)      24-0854342 (Blue Ridge)
Pennsylvania      0-28-43 (Big Boulder)     24-0822326 (Big Boulder)
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(State of other (Commission File Number)   (IRS Employer
jurisdiction of                            Identification Number)
incorporation)

                P. O. Box 707, Blakeslee, Pennsylvania 18610-0707
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               (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (570) 443-8433

Not applicable
         (Former name or former address, if changed since last report)

     Under a Security  Combination  Agreement  between  Blue  Ridge Real  Estate
Company (Blue Ridge) and Big Boulder  Corporation (Big Boulder)  (referred to as
the  Corporations)  and  under the by- laws of the  Corporations,  shares of the
Corporations are combined in unit  certificates,  each certificate  representing
the same number of shares of each of the  Corporations.  Shares of either of the
Corporations  may be transferred only together with an equal number of shares of
the other  Corporation.  For this reason, a combined Blue Ridge/Big Boulder Form
8-K is being filed.  Except as otherwise  indicated,  all information applies to
both Corporations.


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Item 8. Change in Fiscal Year.

     At  the  August  28,  2001  meeting  of  the  Board  of  Directors  of  the
Corporations (the Boards),  the Boards approved a change in the fiscal year ends
of the  Corporations to October 31 from March 31. Such change is to be effective
for each of the  Corporation's  transition  period ending October 31, 2001. As a
consequence, the Corporations will file (i) a transition report on Form 10-K for
the period April 1, 2001 through  October 31, 2001 and (ii) an annual  report on
Form 10-K for the twelve month period ended October 31, 2002.

                                                  Signatures

     Pursuant to the  requirements of the Securities  Exchange Act of 1934, each
of the  Corporations  has duly  caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.

                                                  Blue Ridge Real Estate Company
                                                  Big Boulder Corporation
Date: September 11, 2001


                                                  By: /s/ Michael J. Flynn
                                                          Michael J. Flynn
                                                          President

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