EXHIBIT 24

                                                             ELDON D. DIETTERICK

                                POWER OF ATTORNEY

         The undersigned hereby constitutes and appoints each of Christine A.
Liebold and Cynthia A. Barron his true and lawful attorneys-in-fact to:

                  (1) execute for and on behalf of the undersigned, in the
         undersigned's capacity as a director or executive officer of Blue Ridge
         Real Estate Company and Big Boulder Corporation (collectively, the
         "Company"), as applicable, Forms 3, 4 or 5 in accordance with Section
         16(a) of the Securities Exchange Act of 1934, as amended, and the rules
         thereunder.

                  (2) do and perform any and all acts for and on behalf of the
         undersigned which may be necessary or desirable to complete the
         execution of any such Form 3, 4, or 5 and the timely filing of such
         form with the United States Securities and Exchange Commission and any
         other authority; and

                  (3) take any other action of any type whatsoever in connection
         with the foregoing which, in the opinion of such attorneys-in-fact, may
         be of benefit to, in the best interest of, or legally required by, the
         undersigned, it being understood that the documents executed by such
         attorneys-in-fact on behalf of the undersigned pursuant to this Power
         of Attorney shall be in such form and shall contain such terms and
         conditions as such attorneys-in-fact may approve in their discretion.

         The undersigned hereby grants to such attorneys-in-fact full power and
authority to do and perform every act and thing whatsoever requisite, necessary
and proper to be done in the exercise of any of the rights and powers herein
granted, as fully to all intents and purposes as the undersigned might or could
do if personally present, with full power of substitution or revocation, hereby
ratifying and confirming all that such attorneys-in-fact, or their substitute or
substitutes, shall lawfully do or cause to be done by virtue of this Power of
Attorney and the rights and powers herein granted. The undersigned acknowledges
that the foregoing attorneys-in-fact, in serving in such capacity at the request
of the undersigned, are not assuming any of the undersigned's responsibilities
to comply with Section 16 of the Securities Exchange Act of 1934, as amended.

         This Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4 and 5 with respect to the
undersigned's holdings of and transactions in securities issued by the Company,
unless earlier revoked by the undersigned in a signed writing delivered to the
foregoing attorneys-in-fact.

         IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney
on the 14th day of January, 2005.

                                             /s/ Eldon D. Dietterick
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                                             Signature

                                                      Eldon D. Dietterick
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