The golf course no longer exists, and the land is now owned by many individual owners and is not part of PHM. Leatherwood, a newly formed gated community, is located on the site of the old riding stables. Recent years have seen the community resuming steady but slow growth. The Powder Horn Mountain POA annexed more than formerly known as "Brightwood IV" into Powder Horn in 2005, an area now known as Powder Horn Estates. The primary developer of Powder Horn Estates declared bankruptcy on August 15 2007. However, the Powder Horn Mountain POA remains viable, with a claim of eleven thousand dollars pending against the bankrupt estate. Most of the annexed property is now being liquidated by the court appointed trustee.