Here’s a new REO listing located in The Trails residential subdivision in Mammoth Lakes. This property has been unoccupied for over four years but appears to be structurally sound. It certainly needs some love and TLC, but paint, carpet, miscellaneous repairs and deep cleaning could make it quite nice. It is the classic Mammoth floorplan with the living room, dining room, kitchen, powder room and master bedroom and bathroom all on the top floor. Downstairs is 2 bedrooms and a bath. So 3/2.5 in real estate lingo. It was built with propane forced air heating and has a pellet stove downstairs as well as a gas fireplace in the living room. The real bonus is the oversized 2-car garage that would allow for the parking of two full sized vehicles and have room for a large workshop or just tons of storage or perhaps room for a snowmobile trailer. The Trails neighborhood is often referred to as Mammoth’s “banana belt” because it is the lowest elevation in Mammoth and has nice solar exposure. This was just listed at only $520,000.