Great Neighborhoods off the Beaten Path in Old Mammoth
Have 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”.
Some 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,...
We are approaching the time of year when the focus begins to shift towards skiing, the holidays, and subsequently on properties that are located closest to or on the actual ski slopes. 
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From 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.
The 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). 