Homes for Sale in Mammoth Lakes CA
Posted by Verena Robinson on Tuesday, October 28, 2014 at 6:44 PM
By Verena Robinson / October 28, 2014
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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
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What are real estate values doing in Mammoth Lakes? This seems to be the question that most buyers and sellers are asking lately. Clearly, the market seems to have stabilized from the days of free falling property values. The properties that appear to go quickly are those that are located at the amenities (ski slopes, golf courses or Village at Mammoth) or highly upgraded properties. Views, light and a good floor plan also seem to command serious interest from buyers. 
There are certain condo complexes where prices have noticeably increased, while others remain stagnant. For the period between July 1, 2014 and October 19, 2014, Solstice condos for sale, located at Sierra Star Parkway, adjacent to the new construction residential subdivision of Graystone Residences, continue to list higher than the last sale, and there is demand to support these increasing prices. Last year, there was a 2-bedroom, 2-bath closed sale at $286,000. This was while there was active litigation by the HOA against the developer for construction defects, which meant no financing was available. That litigation was recently settled, which is also the case for Mammoth Green condos for sale and Eagle Run condos for sale. This year, the two closed sales for 2-bedroom condos at Solstice condos for sale sold for $325,000, $340,000, and there is a 2-bedroom that just went under contract (pending sale) with multiple offers listed for $359,000. The 3-bedroom floor...
Similar to other cutting-edge real estate brokerages in Southern California, such as Allison James Estates & Homes, Mammoth Lakes Resort Realty is one of the very few Internet-based firms in Mammoth Lakes specializing in today’s virtual real estate culture. Eliminating the need for the old “brick and mortar” office, the firm offers a unique approach to servicing the resort, long-distance buyer. Rather than meeting at an office, clients are picked up at their accommodation or met directly at the property, paperwork is completed via e-mail through the use of DocuSign electronic signatures, and the remote buyer interested in purchasing a property “sight unseen” is skillfully guided through the process with detailed property information, video, and comparable sales data.