Mammoth Mountain Chalet Homes for Sale
Mammoth Mountain Chalet Homes for sale rarely come on the market, but when they do, they are highly desirable for those who want ski-in, ski-out access at the Main Lodge. This is the only real estate available for sale in the Main Lodge area.
Mammoth Mountain Chalets are located across from the Mammoth Mountain Main Lodge. The project, which consists of 20 cabins, is situated on U.S. Forest Service land and is surrounded by Forest Service property. The cabins are operated by Mammoth Mountain Chalet Association, Inc. The Corporation is the holder of a U.S. Department of Agriculture Forest Service Term Special Use Permit, which expires December 31, 2028. The original permit was created in 1958 for 30 years, which has since been extended for two additional 20-year terms. The permit provides provisions for both public and private use of the Chalets. The Corporation has issued stock to Shareholders equaling 10 shares of stock for each Chalet.
Per the Forest Service agreement, all chalet cabins must be open to the public for use with both Shareholders and public use booked through the Association. Neither Shareholders nor Guests may stay in the cabin for more than 29 consecutive days at a time. Read More...
Rental amounts are based on size: small, medium, and large. Each cabin has its own revenue account. At the end of the fiscal year (May 1 to April 30) all expenses associated with the cabin are deducted from the rental income and the difference is credited/debited to the Shareholder account. There is a $250 a monthly fee.
Forest Service permit amount is based on a calculation using a formula taking into consideration the rental income of the cabin.
Due to the nature of the National Forest Service land lease traditional mortgage financing is not available. A buyer needs to be prepared to pay cash.
If you are looking for a ski-in, ski-out property in Mammoth, your only options will be located at the Eagle Express project area. There isn’t any real estate at Main Lodge other than the Mammoth Mountain Chalet homes, and Timber Ridge is the only “ski-in, ski-out” condo complex at Canyon Lodge.
Listed below and updated daily from the MLS are homes for sale in Mammoth Mountain Chalet, a neighborhood located in Mammoth Lakes, CA.
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