Eventually, Betsy retired and sold the hotel. After changing many hands over the years, it was eventually purchased by the Fergusons in 1951 and renamed Skywood Manor. After two generations of operation, the Skywood once again went up for sale and changed many hands.

In 1986, current innkeepers Vernon and Paige Matson purchased the Skywood and have called it home ever since. For the first time in its history, the Skywood became a four-season hotel and the barn was restored to its originaly function of housing a variety of animals. The Skywood Manor is one of the few remaining public houses built in Jefferson that continue to stand today. It is also the last of the hotel businesses established around 1900 to have continually served guests adn tourists in the same capacity as it did when its doors opened to its first guest in 1870.