There is a controversy on developing or preserving Kwangduksan(Mt.) located in Cheonan and Asan. Kwangduksan has a grand scenery, many of cultural properties, and rare animals and plants like fireflies. So the citizens of Cheonan and Asan have recognized its cultural and ecological value as yet. In this study, an economic basis for preserving it was presented to prevent developing thoughtless for the environment. Preservation value of it was estimated about 44 billions by CVM. This result shows the environmental value of Kwangduksan is very great. If people feel importance of environmental resources more and more, this value of Kwangduksan will be greater and greater.