Property Description

This is an incredible development offering of 2 Sites that can be purchased together for $15,525,000 or separately - Site 2 is 4.32 acres for $7,700,000 and Site 3 is 3.99 acres for $7,825,000. The development sites are an assemblage of 15 individual properties represented in two distinct development corners. The sites are located on the southeast and southwest corners of Lake Mary Road/Main Street and Minaret Road. These corners total 8.31 acres (4.32 and 3.99 acres respectively) and are two of the most visible corners in Mammoth Lakes. In addition to being highly visible, each corner is uniquely located only one block from one of Mammoth’s most popular visitor destinations: The Village at Mammoth, which includes the Village Gondola, Village Events Plaza, dining, shopping, and free public transportation hubs. Because these sites are within the “Mammoth Crossings” zoning of the North Village Specific Plan (NVSP), the highest and best uses are to meet market demands as development sites as outlined in the plan. The previous owners' plans for these two sites are included in the pictures. Extensive studies, including a 528 page Environmental impact report, parking studies, and more were performed and are on record with Town of Mammoth Lakes. The work produced by the previous owners laid an exceptional foundation for the vision of the Mammoth Crossing corners. Details on the NVSP, Initial Environmental Study, heights and setbacks, and more can be found in our detailed Offering Memorandum. Please call today or contact your local Eastern Sierra realtor for a copy of the Offering Memorandum and more information.