In 2000, in order to remodel the layout of the station, the old building was carefully taken down. Although carefully dismantled by the WH Heritage Group, the numbered and stored stone was inadvertently used as fill for the embankments, or to build a stone wall, by the contractor.
Following reconstruction, the section from Waunfawr to Rhyd Ddu was formally reopened by the Prince of Wales on 30 July 2003. Prince Charles travelled from Waunfawr to Rhyd Ddu by special train.
The station flower and shrub beds were laid out and are maintained by the local community enterprise charity, Antur Waunfawr.
The Snowdonia Park Hotel adjoins the station and was built originally as the station master's house.
Entrance to and exit from the station platform is by way of the hotel car park. The station footbridge links with a car park and a caravan park. Snowdonia Sherpa Bus services call at the station.
In 2018–19, after a substantial donation, the station building was rebuilt in the style of the original NWNG building of 1877, but to modern building standards.
Jowett, Alan (March 1989). Jowett's Railway Atlas of Great Britain and Ireland: From Pre-Grouping to the Present Day (1st ed.). Sparkford: Patrick Stephens Ltd. ISBN978-1-85260-086-0. OCLC22311137.