Market Review & Properties in the Spotlight

As of today, April 2, 2015, the Mammoth Lakes real estate market has a total of 54 homes, 161 condos, and 48 lots on the market.  There are not very many properties in escrow at this time, only 51 total, which includes “pending”, “back-up” and “contingent short sale” classifications.  

With the closing of Eagle Lodge and Canyon Lodge soon to follow, the weather seems to be changing into a mild winter with a projected storm on the way next week, which should be cold enough to bring snow.  There has been much discussion on the news about the non-existent snow pack in the Sierra Nevada Mountains, which is at the lowest in history, along with strict water rationing on the way for the state of California.  Some people are quite concerned that it will never snow again, while others don’t seem to mind and remain interested in owning property in Mammoth.  It has been a strange winter, and in noticing various different species of birds never seen in the area before (along with other parts of California), this could be an indication of possible weather change in the coming months/year.  This has been noticeable not only to me, but to many other people I’ve spoken with lately.  In correlation with animal behavior, although this is hopeful speculation on my part, I have a feeling that the weather is going to change bringing increased precipitation over the late spring, summer and following through into next fall and winter.  Maybe we’ll end up getting enough snow over the next couple of winters to end the drought.  Because the weather has been shifting to such extremes (world-wide), when the weather shifts again, we will most likely have some very intense storms, and Mammoth Mountain will be a winter wonderland again.  This has been the case throughout history.  Click here to read more about the current weather forecast.

In light of spring and summer on the way, my top recommendations for properties in the spotlight this week are Snowcreek Ranch Homes for Sale.  This exclusive subdivision located behind the decorative wrought iron gates on the Snowcreek golf course offers privacy, peace and quiet, and a feeling of being away from it all.  Many of these custom homes have magnificent views of the Sherwin Mountains and of the Snowcreek golf course fairways.  There are some great walking trails that can be accessed directly from the end of Woodcrest Trail, one of which leads to a small Aspen grove called “the Enchanted Forest”.  This special forest is located in the meadow area backing up to the Sherwin mountains underneath the Bluffs.  In the fall, when the Aspens are turning colors, it is absolutely spectacular to take a walk through this special cluster of Aspen trees.  Currently, there is a total of 3 homes on the market in Snowcreek Fairway Ranch and Snowcreek Ranch – both of these subdivisions are located behind the gate.  Coming soon to market in Snowcreek Ranch is a 5-bedroom, 5-bath, with attached 2-car garage, 3,490 square feet of living space on a lot size of 15,682 square feet.  This home, which was built in 1989, is beautifully landscaped and has recently been upgraded:  Will list for approximately $1.7 Million in the coming weeks. 

Coming soon to market in Snowcreek Ranch is a 5-bedroom, 5-bath, with attached 2-car garage, 3,490 square feet of living space on a lot size of 15,682 square feet.  This home, which was built in 1989, is beautifully landscaped and has recently been upgraded:  Will list for approximately $1.7 Million in the coming weeks. 

189 Woodcrest Trail listed for $1,999,999: Located in Snowcreek Fairway Ranch, this beautiful home, which looks like a Gingerbread house, features amazing south-facing views of the Snowcreek golf course fairways and Sherwin Mountains, and is flooded with sunlight and warmth.  Located at the very end of Woodcrest Trail and directly on the golf course, this beautiful mountain home features 3 bedrooms and a loft, 4.5 baths, attached 2-car garage and has 3800 SF of living space on a 15,246-SF lot.  This home is priced at $525 per square foot, was built in 1998 and is being sold fully-furnished. 

150 Woodcrest Trail listed for $2,149,000:  Also located in the Snowcreek Fairway Ranch subdivision, this quality lodge-style home is in immaculate condition and offers incredible south-facing views of the Sherwins.  Vaulted ceilings and large bedrooms are some of the inviting features of this 4-bedroom, 3.5-bath with attached 2-car garage, 4,212 square feet of living space, and a 10,019 SF-lot.  This home is priced at $510 per square foot, was built in 2000 and is being sold furnished. 

370 Ranch Road listed for $2,499,000: This New England-style mountain home was originally listed for $2,790,000 and was reduced in December 2014 to $2,499,000.  Located in Snowcreek Ranch, this home offers breathtaking views, and among the many custom features are: Oak floors, Travertine floors in kitchen, elevator, laundry chute, surround sound in main living areas and master bedroom, Cherry cabinetry throughout, home theatre system, and is professionally landscaped with sprinkler system. Built in 1998, this large home has 5 bedrooms, 5 baths, attached 2-car garage, 4,160 SF of living space, 16,553 SF-lot, and is being sold partially furnished at $600 PSF. 

To schedule a showing of any Mammoth Lakes real estate listings or to request additional information, please feel free to contact me.

Verena Robinson, Broker & Owner
Mammoth Lakes Resort Realty
Tel. (760) 924-8521
verena@mammothlakesresortrealty.com