A chance of a lifetime opportunity to own a piece of Mammoth history! This amazing private estate parcel consists of 6 lots totaling 3.1 acres in the heart of Old Mammoth - a serene setting yet close to town, snowcreek athletic club, and the town shuttle. There is a beautiful 5-bedroom/2-bath cabin, 1624 SF impeccably maintained with full kitchen, new forced air unit, fireplace, tankless hot water system, new washer/dryer,updated vinyl clad dual pane windows, a deck, a balcony off a second-floor bedroom and a large patio off the dining area. Additionally, a remodeled 500 SF cabin/ADU sits on lot 6 and is currently tenant occupied. These lots were purchased by the Rey Family starting in 1929. The main cabin was built in 1967. The Rey's were avid skiers who started and established what is probably the first ski lift in Mammoth - a rope tow on the easterly side of the current cabin. They had become friends with a guy who did snow surveys for the City of LA (and did so on snowshoes) and reportedly introduced him to skiing. His name was Dave McCoy. "In April of 1936 Dave Mccoy was on a snow survey of the Mammoth Lakes region when he found Tex Cushion behind his (Tex's) house skiing with the HF Rey Family and Jack Northrop. Northrup, an aeronautical engineer, had converted his car into a rope tow by using one rear wheel as a tow drive, thus creating the first rope tow in Mammoth Lakes." ...from "Tracks of Passion". More stories & history upon request. The property is zoned RR which may allow for usage such as residential units on each of the 6 lots + multiple ADU's, recreational & cultural facilities, animal boarding & raising, bed & breakfast inns, child day care, pet day care, private transportation facilities, including ski lifts or similar aerial conveyances. Lot lines may be adjusted/divided. Don'tmiss this chance to create your history/family legacy on this extraordinary 3+ acre historical rarity. Dreams come true on this property! What would you do with it?
Located in the highly desirable mountain community of Mammoth Lakes, this well-maintained 7-unit income property offers a rare opportunity to own a stable, cash-flowing asset with significant upside potential. Featuring a charming mountain chalet aesthetic, the property blends rustic appeal with practical functionality, making it highly attractive to both long-term tenants and seasonal renters. The property boasts consistent rental income across all seven units, complemented by an on-site laundry facility that generates additional revenue. A detached studio provides ideal accommodations for an on-site caretaker, enhancing property management efficiency and tenant satisfaction. One of the units is a spacious three-bedroom, two-bath layout, presenting a unique opportunity for an owner-user conversion or premium rental upgrade. Ample on-site parking adds convenience and desirability for residents and guests alike. Positioned just minutes from world-class recreation, including Mammoth Mountain Ski Resort, as well as dining, shopping, and year-round outdoor amenities, the location is a major draw. With Mammoth Lakes continuing to experience strong growth and development, this property presents both immediate income stability and long-term appreciation potential. Ideal for investors or owner-users seeking a foothold in a high-demand resort market, this is a versatile asset with multiple value-add opportunities, including potential expansion or redevelopment.
Mammoth Lakes is located in California. Mammoth Lakes, California has a population of 7,321. Mammoth Lakes is more family-centric than the surrounding county with 36.98% of the households containing married families with children. The county average for households married with children is 24.51%.
The median household income in Mammoth Lakes, California is $77,545. The median household income for the surrounding county is $71,138 compared to the national median of $69,021. The median age of people living in Mammoth Lakes is 37.9 years.
The average high temperature in July is 77.5 degrees, with an average low temperature in January of 13.5 degrees. The average rainfall is approximately 14.9 inches per year, with 93.2 inches of snow per year.
