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2002-2013 Median Home Sales

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Mammoth Real Estate Foreclosures: Mammoth Lakes has a fairly limited supply of bank owned properties. At most we have 2 or 3 foreclosures available, and when they come on the market they tend to have multiple offers within days of being listed. Please let us know if you would like to be notified immediately when a foreclosure, or “deal of the century” comes on the market.

Mammoth Lakes Short Sales: A short sale is when the owner owes a lender more than the property is currently worth. In a short sale transaction you basically have two sellers (the owner and the bank). The seller will present a market value offer to the bank, and then the bank will need to accept or counter the offer. Short sales can be complicated and lengthy, so patience is required. However, if you are willing to wait you can get a good deal.

Mammoth Mountain Ski-in/Ski-out: Since our Mountain is leased from the Forest Service, there is very little true ski-in/ski-out property. Mammoth Mountain has four major portals of which only three have real estate within 500 feet. The three portals are Canyon Lodge, Eagle Lodge and the Village Gondola. Condominiums located in portal locations for Canyon and Eagle are: Altis, Bridges, Eagle Run, Juniper Crest, Juniper Springs, Sunstone, Sierra Megeve and Summit. See below for Village Properties.

Mammoth Lakes Village Properties: The Village is located on the corner of Minaret Road/ Forest Trail and features first class dining and boutique shopping. It is often the center of Town activity as it hosts various events and music festivals. The Village Neighborhood includes White Mountain Lodge, Lincoln House and Grand Sierra Lodge. These properties were built in 2003 and 2004. In total there are 276 condominiums that range in approximate square footage from 580 to 1881. The Mountain Center and Village Gondola provide easy access to Mammoth Mountain.

Fractional Ownership: There are two fractional properties in town. The first, 80/50 Private Residence Club is entirely fractional and bookends the eastern side of The Village. It was built in 2006 with 28 residences being sold in 1/8 shares. This is property is different from the typical time share because you have both planned and space available usage. The 8 one-bedroom, 11 two-bedrooms and 9 three-bedrooms range in square footage from 1,200 to 3,000. This property has direct access to The Village Gondola. The second fractional property is Tallus which is comprised of 9 homes, 4 of which are 1/6th share ownership. The other 5 homes are full ownership. Tallus is a high-end luxury property with the highest amount of amenities and owner perks in Mammoth. The homes are about 5000 sq. ft. with either 4 or 5 bedrooms. Tallus offers owner a handful of black passes for each home, private shuttle, and usage of a ski boat, snowmobiles, gators, and much more.

The Westin Monache: The Westin Monache is a true condo-hotel property that was built in 2007. Comprised fully of privately owned condos, the property offers The Westin luxury for both owners and guests.  It is conveniently located across the street from The Village shops and restaurants, and the gondola to Canyon Lodge. There are 230 suites on seven floors and is located adjacent to The Village. The 108 studios, 80 one-bedroom and 42 two-bedrooms range from approximately 425 square feet to 1083 square feet.