Mammoth Lakes Real Estate Week-in-Review | 24 August 2024
Fall is Around the Corner in Eastern Sierra
We are getting a taste of fall as our temps dip down. According to Weather .com it is going to be 28° tonight. Brrrrrrr! It is raining in town and snowing on Mammoth Mountain. Thankfully the temperatures will climb again next week. There are still so many fun things to do this summer before the snow really starts to fly. Use the list below to plan another weekend in Mammoth.
My brother and a friend came to stay last weekend and we had a blast. I rarely take weekends off as that is when clients are in town but I made an exception. We swam in June Lake, swam in Arrowhead Lake, paddle boarded on June Lake, hiked up to McLeod, eBiked around the Lakes Basin, went to Shakespeare’s The Merry Wives of Windsor (with the most stunning Sierra Wave above the actors), went bowling, had a picnic and had dinner at the Brasserie. What a weekend. Some photos below.
Mammoth Lakes Events
August 23 – 24 Mammoth Rocks Village Plaza, 4-9:45p
August 29 The Little Mermaid free movie in The Village 8p
August 29 – Sept. 1 Tri-County Fairgrounds, Bishop, Thurs & Fri 4 – 11p and Sat & Sun 12p – 12a
August 30 – Sept 1 Mammoth Rock N Rye, Village Plaza, 4 – 9:45p
September 1 Summit Sunset Party, Top of the Mountain, 5:30 – 8p
September 7 Mammoth Grand Fondo Canyon Blvd by The Village 7a
September 13 – 15 Mammoth Tuff
Special Shoutout to Disabled Sports Eastern Sierra
And a special shout out to….Disabled Sports Eastern Sierra and their first ever…
Disabled Sports Women’s Camp September 20-22… ‘We’ll be hosting female-led and attended activities including mountain biking, water sports, hiking, yoga, sound bath, and group fun. We’re still solidifying much of the exact schedule, but I’ve attached our general information flyer. DSES is covering all programs, lunch, two dinners, and a goodbye breakfast. Lodging and transportation are self-provided (we have a discount code to Mammoth Outbound for lodging). Cost to attend is $200, with scholarships available.’ Click [here](mailto:mtoomey@disabledsportseasternsierra.org?subject=Info%20on%20the%20upcoming%20Women%27s%20Camp) to email for more info.
Fall is around the corner and the Eastern Sierra has some great fall colors. We are starting to see some of the greens turn yellow and we expect the reds and oranges starting mid-September. Here is the Mono County Fall Colors webpage with tons of resources to help you plan a trip to see them.
Mammoth Lakes Real Estate Update
On August 15th the new rules from the National Association of Realtors Settlement came into effect. These are early days and so we are all trying to work out what it all means. On thing we do know is that before any realtor can show property the agent and the buyers need to sign the Buyer Representation and Broker Compensation Agreement or the BRBC. Previously we could show property without a written agreement but this is now required nationwide prior to any showings. If you are interested in seeing the document let me know and I can send you the PDF. As we understand more the ramifications of the Settlement I hope to be able to send more information. After all, knowledge is power.
Our market remains a seller’s market and well priced properties are still seeing multiple offers but prices have improved. The Fed is talking about lowering the rates again and that will be very welcome. Of the new properties that came on the market in the last week or so here are my favorites.
New Mammoth Homes for Sale
135 Twin Lakes Ln is a 3+loft with 3 bathrooms. Located between Canyon Lodge and The Village. One car garage. Large back deck great for entertaining. New roof. 2300 sqft. $1,500,000
75 Ridgeview Dr is a 2+2 in Swall Meadows, 20 minutes from Mammoth Mountain and 20 minutes from Bishop. Built in 2022. Incredible views. 2017 sqft. On over 2 acres. 2 garages, one with a workshop/studio. $1,100,000
New Mammoth Condos for Sale
Viewpoint #149 is a 1+1 with extra bunk area. Remodeled. End unit with extra windows and lots of light. Views. One block to The Village. 726 sqft. HOAs $500 monthly. $669,000
Snowcreek #405 is a 1+1in SC Phase lll. Extra built-in bed. Remodeled and a popular rental. Let me know if you want to see the rental #s. Washer/dryer in unit. 867 sqft. On the Snowcreek Meadow. HOA is voting on a possible special assessment for the current roof project at the annual meeting Aug 31st. If approved this unit’s share would be $1,860 or $310/month for six months. HOAs $683 monthly. $649,000
Sierra Manors #99 is a 1+loft with 2 baths on the quiet side of the complex. Remodeled. Washer/dryer in unit. Pellet stove. One block from Old Mammoth Rd, Café Crepe, The Warming Hut and Mammoth Mountaineering. ½ block from Roberto’s. 957 sqft. HOAs $481 monthly. $549,000
La Residence #S2 is a 1+1. Remodeled although the wood stove is not compliant and will be the responsibility of the buyer. Corner unit. Second least expensive condo on the market today. 541 Sqft. HOAs $373 monthly. $435,000
Krystal Villa East #106 is a 1+1. Least expensive condo on the market. Across the street from Good Life Café, Latin Market (arguably the best Mexican food in town), Harmony Brazilian Steak House and one block from Old Mammoth Rd and Main St. European style washer/dryer combo in unit. 589 sqft. HOAs $486 monthly. $435,500
Do you have specific questions about buying and selling in Mammoth? I would be happy to answer any questions you have. You are welcome to call me anytime (310) 795-9161 or you can make a 30-minute Zoom appointment here.
I will be working all weekend and love showing properties. Let me know if you are in town and would like to see any current listings or if you just want to meet for coffee.
