New Mammoth Listing — Fobes 40 Property

I’ve wracked my brain to think of a property in the eastern high Sierra that has the attributes and potential of this property. Want a 36-acre private estate/ranch? Try to find that, and 20 minutes from Mammoth Lakes. Want to create a small subdivision with some common area amenities like a barn and corral? How about developing a mobile home park for legacy cash flow? This is the former historic Fobes 40 Motel site. Easy access to Highway 395. Great solar and views of the Sierra, to the Glass Mtns and beyond. Overlooking the gorgeous Little Round Valley Meadow. Topography gives privacy to the south, east and west. Small spring and wetlands area on the front of the property. Just up from Tom’s Place on Crowley Lake Dr. and adjacent to the Aspen Springs Ranch equestrian estates.

Listed at $4,250,000

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