Eagle Summit Condo Collection
Short-Term Lodging | 3 Units | $516,667/unit
Marketing description
Rare opportunity to acquire a three-unit short-term lodging condominium portfolio within the highly desirable Bradley Building at the Summit Condominiums, a scenario seldom available in Mammoth Lakes. These three condos — Units 249, 260, and 264 — are all located within the same building, offering operational efficiency, consistent management, and long-term strategic value for investors and second-home buyers alike. Each residence features elevator access from underground garage parking and walkable proximity to Eagle Lodge ski access, with immediate access to year-round recreation. The portfolio offers a diverse yet complementary mix of floor plans, including main-level bedrooms, lofted sleeping areas with en-suite bathrooms, private balconies, and one unit with direct Sierra Star Golf Course views. All units are currently operated as licensed short-term rentals, providing immediate income potential.
The Summit Condominiums are among Mammoth Lakes' most sought-after communities, offering resort-style amenities including seasonal pools and spas, saunas, a fitness center, BBQ areas, and meticulously maintained grounds. The Bradley Building's central location within the complex, combined with elevator service and underground parking, enhances guest appeal and long-term desirability. Opportunities to purchase multiple condos within the same building — let alone three — are exceptionally rare in Mammoth Lakes. This portfolio offers a unique blend of scale, walkability, strong rental demand, and future flexibility, whether held as a cash-flowing investment, personal mountain compound, or long-term appreciation play in one of the town's most established ski-area communities.
Investment highlights
- Rare Three-Unit Portfolio Opportunity – Acquire three individually deeded STR condominiums in one of Mammoth Lakes' most sought-after resort communities, offering immediate scale with flexibility to operate individually or as a professionally managed portfolio.
- Walk to Eagle Lodge – Located just steps from Eagle Express Chairlift, providing one of Mammoth's premier ski-in/ski-out adjacent locations with year-round rental demand.
- Established Short-Term Rental Assets – Proven vacation rental properties with existing furnishings, operating history, and immediate income potential.
- Diversified Unit Mix – Portfolio includes three highly desirable floorplans ranging from approximately 596 SF to 934 SF, appealing to couples, families, and larger ski groups.
- Portfolio Premium with Individual Exit Strategy – Investor benefits from portfolio efficiencies today while retaining the ability to sell each condominium individually in the future.
- Strong Year-Round Tourism Market – Demand driven by world-class skiing, mountain biking, hiking, fishing, golf, festivals, and proximity to Yosemite National Park via Tioga Pass.
- Value-Add Revenue Opportunity – Opportunity to increase cash flow through professional revenue management, dynamic pricing, upgraded interiors, and operational efficiencies.
- Desirable HOA Amenities – Residents and guests enjoy pools, hot tubs, saunas, fitness facilities, underground parking, shuttle access, and professionally maintained common areas.
- Institutional-Quality Resort Market – Mammoth Lakes remains one of California's premier four-season mountain destinations, benefiting from significant public and private investment and a historically resilient vacation rental market.
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