SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    Form 8-K

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


         Date of Report (Date of earliest event reported) July 20, 1999

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



                                 0-28-44  (Blue Ridge)  24-0854 342 (Blue Ridge)
  Pennsylvania                   0-28-43 (Big Boulder)  24-0822 326(Big Boulder)
 (State of other jurisdiction  (Commission File Number)  (IRS Employer
  of incorporation)                                      Idendification Number)

  P. O. Box 707,  Blakeslee,  Pennsylvania               18610-0707
 (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.



Item 4.           Changes in Registrant's Certifying Accountants.

         Effective July 20, 1999 the Registrant dismissed PricewaterhouseCoopers
LLP  ("PwC") as its  independent  accountants.  The action was  recommended  and
approved by the audit committee of the Registrant subject to ratification by the
Registrant's  board of  directors.  Ratification  by the board of  directors  is
expected at its October 6, 1999 meeting.

         PwC's reports on the Registrant's financial statements for the past two
years  contained  no adverse  opinion or  disclaimer  of  opinion,  and were not
qualified or modified as to uncertainty, audit scope or accounting principle.

     During the most recent two fiscal years and the subsequent  interim periods
preceding July 20, 1999, there were no disagreements  between the Registrant and
PwC on any matters of accounting  principles or practices,  financial  statement
disclosure, or auditing scope or procedure, which disagreements, if not resolved
to the  satisfaction  of PwC,  would have caused them to make a reference to the
subject  matter of the  disagreements  in  connection  with their reports on the
financial statements.

         The  Registrant  has  provided  a copy  of  this  disclosure  to PwC in
compliance with the provisions of Item 304 (a) (3) of Regulation S-K.

         The Registrant engaged Parente,  Randolph,  Orlando, Carey & Associates
("PROC") to act as its independent  accountants.  The action was recommended and
approved  by the audit  committee  of the  Registrant.  The  Registrant  did not
consult with PROC regarding any issues  required to be disclosed  under Rule 304
(a) (2) of Regulation S-K during the  Registrant's  most recent two fiscal years
or during any subsequent interim period.

         Exhibit  16.1  Letter from  PricewaterhouseCoopers  to  Securities  and
Exchange Commission to be filed by amendment.






                                                     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


Date: September 23,  1999          By:  /s/  Gary A. Smith
      -------------------        ---------------------------------------
                                    Gary A. Smith
                                    President

                             Big Boulder Corporation


Date: September 23,  1999          By:  /s/  Gary A. Smith
      -------------------        ----------------------------------------
                                    Gary A. Smith
                                    President