New Mammoth Listing Grand Sierra Lodge #1205 and #1305

Grand Sierra Lodge

Here are two 1-bedroom / 1-bath suites at Grand Sierra Lodge. They are in the same "stack" so one is on top of the other. They were originally purchased by an investor at the "launch." These units have already proven to be difficult for potential buyers to look at because they are always rented. The appeal of this location is the east and southern exposure and view. The location overlooking the … [Read more...]

Real Estate Q&A: Drought, Gas Prices, and Inflation??

This Q&A appears in the Fourth of July issue of The Sheet. Q: We’re looking to purchase a condo in Mammoth sometime in the near future but are now concerned about how the drought, gas prices and inflation will affect values in Mammoth. What do you think? A: Good question, but personally I’d be more concerned about overinflated asking prices and pushy agents. But seriously, in the past … [Read more...]

New Mammoth Listing San Sierra #24

San Sierra #24.YouTube

If you want to see a prime example of how to set an older condominium up for a great vacation rental, here it is. This 2 bedrooms plus loft / 2 baths condo is comfortable and clean and aesthetically pleasing. It is also very functional and durable. The granite counter tops in the kitchen and bathrooms are not only beautiful but part of the mountain theme and extremely functional. The slate … [Read more...]

Paul, How is Your Rating on Trulia and Zillow??

I don’t even know if I have any ratings at Zillow or Trulia or even Yelp. Maybe I should know? I do know they’re always trying to extract money from my pocket. And I know Trulia recently reported an $11.1 million dollar loss for the fourth quarter of 2013. Like many things in life, the more the real estate business changes, the more it stays the same. Trulia’s traffic was up, and their revenue was … [Read more...]

New Mammoth Listing White Mountain Lodge #2415

White Mtnb Lodge 2415.youtube

Top floor units are always coveted in the Village, so here is White Mountain Lodge #2415. This 2 bedroom / 2 bath condo hotel unit is conveniently located just down from the elevator bays and across the sky bridge. This top floor unit features 12 foot high ceilings so it feels very spacious. The windows face east so there is great morning sun and views to the Sherwins, Bloody and Laurel Mtns. and … [Read more...]

Great Mammoth Opportunity! New Golf Course Homes

Graystone at Sierra Star

Here is an excellent chance to purchase a brand new home in Mammoth at an affordable price. While Mammoth did not have any new residential subdivisions planned, this one just happened. This property is located along the 16th fairway of the Sierra Star golf course. Originally the property was slated for the second phase of the Solstice condominium project. That never happened. Intrawest had … [Read more...]

New Mammoth Listing Snowcreek #889

Screen Shot SC889

Listing inventory has been especially thin in Snowcreek Phase 5 the past few months. There are nearly 300 units in the project. So here is a nicely upgraded 2 bedroom / 2 bath condominium that has just come to the market. I refer to this floor plan as a "flat" because they are on the ground floor and all on one level. The other 2 bedroom properties in Phase 5 are town homes on two levels. These … [Read more...]

Mammoth Foreclosure Summit Condos #224

Summit 224 virtual tour

When Mammoth Mountain initiated the Mammoth Value Pass (MVP) some 13 years ago the demand for low-end condos increased dramatically. That demand is still strong today. During the early years of this phenomenon I coined the phrase "crashpad" to describe these condos and their intended usage. A good crashpad doesn't have to be glamorous, it needs good utility for the owner, and of course … [Read more...]

Mammoth Fireplaces––To Burn or Not To Burn??

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“History doesn’t repeat itself, but it does rhyme”    Mark Twain Sitting around a blazing fire on a frigid night is part of the winter experience here in Mammoth. But the old wood burning fireplaces have once again taken center-stage in Mammoth Real Estate Pain-In-The-Ass Department. Local agents and their buyers and sellers are sorting through the Town’s new ordinance. And just like 23 years … [Read more...]

Mammoth Real Estate Q & A: The Past Will Equal The Future….

This Mammoth Real Estate Q & A appears in this week's The Sheet, the annual Year In Review issue…. Q: Mammoth has had a rocky time the past couple of years; the bankruptcy, loss of town managers and other critical government personnel, etc. How are these events going to affect real estate in the next couple of years? A: Relatively speaking, the Town of Mammoth Lakes isn’t nearly as … [Read more...]