$489,000
Some mountain retreats offer a getaway. This one offers a lifestyle and an opportunity! Ideally located in the heart of Mammoth Lakes, this beautifully updated Mountain Shadows condominium blends turnkey mountain living with exceptional short-term rental potential. Whether you're seeking a cozy second home, a personal mountain escape, or an investment property with proven performance, this residence is ready to go from day one. To make ownership even more attractive, the sellers are offering a $10,000 rate buy-down incentive! Thoughtfully updated with new luxury vinyl plank flooring and newer stainless steel appliances, this inviting 1-bedroom, 1-bath condo also features a Queen Murphy bed, comfortably accommodating a small family or two couples. Offered fully furnished, the home delivers a seamless transition for its next owner. The thoughtfully designed layout includes a functional adjoining dressing and vanity area situated between the primary bedroom and bathroom, complete with generous hanging space, stackable washer and dryer, sink, mirror, electrical outlets, and additional storage blending convenience and functionality for mountain living.The warm and welcoming living space is anchored by a cozy pellet stove, perfect for relaxing after a day on the slopes, trails, lakes, or adventures around town. Parking is conveniently located directly in front of the unit, making unloading gear, skis, bikes, and groceries effortless in every season.This exceptional property has demonstrated strong rental performance, currently operating as a successful Airbnb Guest Favorite with over 345 reviews, an impressive 4.91-star rating, and approximately $73,000-$83,000 in annual gross rental income. A rare opportunity to step into an established vacation rental with a proven track record.Perfectly situated in-town, you'll love the convenience of walking to restaurants, coffee shops, and local amenities, or hopping on the free town shuttle for easy access to Mammoth Mountain, The Village, hiking and biking trails, skiing, fishing, lakes, and year-round recreation. From powder days on the mountain to summer afternoons exploring alpine lakes, paddle boarding, fishing, hiking scenic trails, or enjoying Mammoth's vibrant outdoor lifestyle, this location places adventure right outside your door.Mountain Shadows amenities include a pool, hot tub, sauna, and community gathering spaces, creating the ideal setting for mountain living in every season. Turnkey, furnished, income-producing, and ideally located, your Mammoth adventure starts here!! All that's missing is you!
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Listed by Kerstin Litvak with Equity Union Real Estate (805) 892-8119
Property Type
Condominium
Status
Active
MLS Number
226002399
Year Built
1971
Lot Size
479 sq ft