Homes

54 Bridges Lane, Greyhawk, Mammoth Lakes New Listing

54 Bridges Lane front of home from streetNew to market, this masterpiece of a home is a “one of a kind” in Mammoth Lakes.  Designed by the Landry Group and built by Finton Construction in 2011, this could arguably be one of the top 3 homes in all of Mammoth Lakes.  Only the highest quality of stone, fixtures, architectural details and exquisite décor were used to create this luxurious home located in the 54 Bridges Lane Living Room Greyhawk subdivision above Eagle Lodge, which is one of the top and most exclusive neighborhoods in Mammoth.  The magnificent interiors include 6 bedrooms,6 ½ baths, heated 2-car garage, well-designed and large mudroom, 2 separate living spaces, custom and state-of-the art cinema with leather recliners, billiard room, spacious gourmet kitchen, French Limestone flooring, hydronic heating in floors, monitored security system, integrated surround sound, multiple balconies to capture the spectacular views, steam shower in the master bath, mother-of-pearl mosaic tiling up the walls in the guest bathroom, marble, quartz and a variety of high-end finishes throughout. 

54 Bridges Lane Great Room54 Bridges Lane...

Mammoth Lakes Homes for Sale: Top 5 Recommendations of the Week

For the week of February 16, 2015, the MLS currently shows a total of 50 homes on the market in Mammoth Lakes only, ranging in price between $329,000 in the Sierra Valley Sites I subdivision up to $6,500,000 for a luxury home in the Bluffs. 

SOLD THIS WEEK 557 MAJESTIC PINES FRONT OF HOMEOver the past seven days, there were a total of three closed sales for single family homes in Mammoth: 688 Majestic Pines in the Mammoth Vista III subdivision sold for $915,000 @ $379.50 per square foot (PSF), 557 Majestic Pines, also in the Mammoth Vista III, subdivision sold for $1,425,000 @ $373.92 PSF, and 285 Juniper Road in the Juniper Ridge subdivision, which sold for $2,875,000 @ $663.21 PSF.  Juniper Ridge is Mammoth’s only true “ski-in, ski-out” luxury residential neighborhood, which also offers 180-degree spectacular mountain views. 

The following are my top 5 recommendations of the week for Mammoth Lakes homes for sale:

1428 MAJESTIC PINES LOG HOME1428 Majestic Pines: This 3 & loft, 2-bath with a 2-car garage is listed for $665,000/$353 per square foot.  This cute log home has a convenient...

Mammoth Lakes Homes for Sale – Market Trends & Property Recommendations

506 JOHN MUIR ROADAs of today, February 3, 2015, the Mammoth Lakes single family residence inventory is down to only 50 homes on the market.  There were a total of 7 closed residential sales in the month of January.   The most noteworthy sales were:  506 John Muir, which listed for $4,950,000, and sold three weeks after it hit the market for $4,250,000/$621 PSF, cash, and 7-day escrow.  60 Starwood, which originally listed for $1,950,000, after a series of price reductions, sold for $1,730,000/$480 PSF with conventional financing.60 STARWOOD DRIVE    

There are currently a total of 16 pending residential sales ranging in list price from $499,000 up to $2,999,000.  Out of the 16 pending sales, 5 homes are priced between $499,000 and $699,000; 4 homes priced between $849,000 and $995,500; 5 homes priced between $1,100,000 and $1,500,000; and the remaining two are priced at $2,495,000 (155 Hillside Drive, across the street from Grand Sierra Lodge) and $2,999,999 (285 Juniper Road at Juniper Ridge). 

147 JUNIPER ROADIt appears that the upper end of the market has interest and support.  We haven’t seen a sale close over $4 Million in several years…  Actually, the last sale to close at $4,000,000 was 147 Juniper Road (the yellow house on the ski slope at Eagle Express, which has recently undergone an exterior facelift) on February 27, 2008.  The lack of snow and limited skiing doesn’t seem to be stopping...

Great Neighborhoods off the Beaten Path in Old Mammoth

Mammoth Camp Tract Home with Pond and CreekHave you ever picked up a copy of Sunset Magazine and looked through the pages to find all of the great featured destinations to visit right here in California?  Driving through some of the hidden streets in Old Mammoth can resemble a lot of those great areas and properties you can find in Sunset Magazine.

In the early 1900s, the “Village of Old Mammoth” was established.  This is where the first stages of development began with a primitive post office, grocery store, bakery, hotel and garage, known as “Mammoth Camp”.   Most of the inhabitants would set up camp along Mammoth Creek and other areas of Old Mammoth in tents.  Eventually, cabins were built along the creek and into the lakes basin area, which was followed by the development of what we see today and recognize as “The Town of Mammoth Lakes”.

Creek Running Behind Property at Creek LaneSome of this old history, charm and mountain meadow setting is undiscovered to many who frequent Mammoth Lakes regularly.  Some of these picturesque areas of Old Mammoth off the beaten path include: Creek Lane, Alexander Lane, Connell Street, Tamarack Road, Sunny Slope Lane, Garret Street, June Street and Badger Street.  For those who are interested in exploring some beautiful areas of Old Mammoth, these scenic streets can offer amazing views, privacy, peace...

Mammoth Lakes Residential Closed Sales Analysis YTD 2014

Exterior of Sold Home in Mammoth Slopes NeighborhoodFrom January 1st, 2014 until present, there have been a total of 74 closed residential sales (homes). Many people often ask the question of what the residential sector of the real estate market is doing in Mammoth Lakes, specifically with regards to selling prices per square foot.  When it comes to using a generic price per square foot (PPSF) for sold homes, there are so many factors that are used to determine the value that using a standard PPSF method isn’t always the most accurate way to come up with an estimate of value.  However, you can come fairly close using this method when comparting similar homes in similar neighborhoods, etc. and making appropriate adjustments based on location, views, upgrades, room count, square feet, garage capacity, orientation, roof composition, size of lot, etc. The following will be an overview by neighborhood in Mammoth Lakes for closed sales January 1st, 2014 until present.

Interior of Luxury Home in BluffsThe Bluffs – There was a total of one closed sale at the Bluffs (one of Mammoth’s highest end neighborhoods).  This home, located at 485 Fir Street, is a 4,000 SF home with spectacular views, modern architecture, 3 & loft, 3.5-bath with attached 2-car garage.  The home was built in 2008 and sold for $3,250,000 @ $812.50 per square foot (PSF).   Click here to view active inventory for Homes...

Homes for Sale in Mammoth Lakes CA

Sierra Star Golf Course and View of Sherwins

Search the Mammoth Lakes MLS for Mammoth Lakes homes for sale in golf course communities here.

To view the most current and active inventory of homes located ski-in, ski-out in Mammoth Lakes, click here.

To view current homes for sale within mountain resort areas of Mammoth Lakes, click here.  

Should you have any questions or need additional information, please feel free to contact me.

Verena Robinson, Broker
CA BRE #01512209
Mammoth Lakes Resort Realty
(760) 924-8521
verena@mammothlakesresortrealty.com

...

Building a Home in Mammoth Lakes

MOUNTAIN SCENERY SURROUNDING MAMMOTH LAKESWith a recent noticeable increase in list prices for properties for sale in Mammoth Lakes, the idea of building a home may soon become more of an emerging trend for buyers.  As summer officially wraps up after this Labor Day weekend, we begin to shift into fall, fall colors and thoughts of snow falling in the coming months, the holidays and winter sports.  We were lucky to experience some beautiful weather over the summer, and as a result, an increase in tourism over last summer.  Mammoth Lakes and the surrounding area, offer some of the most scenic and picturesque landscape in the Eastern Sierra.  Year over year, there are more hikers, golfers, mountain-bikers, fishermen, and outdoor enthusiasts frequenting the area.  Our summer seasons are attracting more visitors and prospective buyers who enjoy the mountain lifestyle and outdoor recreational opportunities. 

VISTAS OF SNOWCREEK GOLF COURSEThe Town of Mammoth Lakes is only 4 square miles.  That’s a very small piece of this vast mountainous area.  It appears that the popularity of Mammoth Lakes continues to grow as we now have a total of 9,625 full time residents, which represents a 20.10% increase since the year 2000.  The median home cost in Mammoth Lakes is $329,500, and during the past year, we saw an overall price appreciation in property values of 10.20%. ...

Mammoth Lakes Homes for Sale

Convict Lake scenic picture of fall colorsMammoth Lakes offers an ideal setting to own a vacation home year round.  Just a few hours by car from Los Angeles, San Diego, San Francisco and other major metropolitan areas of California, you can’t beat the mountain lifestyle that this small resort community offers.  Now with regular flights to and from LA, San Diego, San Francisco and upcoming flights to Las Vegas and Denver in January of 2015, tourism will continue to increase along with the popularity of this once almost unknown mountain town. 

Years ago before the Intrawest days, year-round tourism was virtually unheard of in Mammoth Lakes.  The bulk of the tourism was strictly in the winter months when the mountain was operational.  Skiing and snowboarding was the main (and seemingly only) attraction in the area.  Over the years, our shoulder season that lasted from April – November, has gotten shorter and shorter to almost no shoulder season at all.  It appears that there is now a steady flow of visitors despite the season.  Mammoth Lakes has become a year-round destination resort with a host of events and activities all summer and into the fall months. 

Lakefront Cabin in the SummerIt always amazes me when I show property in the summer months to prospective buyers who have never been to Mammoth other than in the winter months.  Most people that come here to ski and snowboard, who have never seen the beauty of this area...

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