50 Hillside Dr #234, Mammoth Lakes, CA 93546

Rare real estate investment opportunity for a fully equipped large studio-condo, with flexible private occupancy uses, and between 70k – 80k above average rental income, situated in a world-famous ski resort, home to Mikaela Shiffrin, just footsteps from the gondola that services the slopes at Canyon Lodge. Perched on top of the hill above the new Limelight Hotel, the studio is housed in the mostly privately owned “Monache Condo Complex”, largely managed by the Alterra Mountain Company, that also manages Mammoth Mountain as part of the Westin franchise, owned by the Marriott group, as a hotel, and is also part of the “Village” as a whole. The studio is conveniently located, without the foot traffic, on the second floor just past the pool and gym area, with all the perks and benefits of proximity and access to a 25-meter, two lanes, all year around heated lap pool, 2 Jacuzzis, and a 24-hour gym. The studio features charming views over the Village, in sight of the gondola, in front, and Knoll-Hills to the south-east, above and beyond. Pine trees in the foreground allow for enchanted Christmas festivities, carrying white fluff, when shaken up by winter storms; and are pitched against the splendid staircase, that leads up, from the European style lit Village to the Westin. The studio is one of the few studios, remaining in excellent condition, that has kept its original feel and timeless classic décor, (as most of the condos under the Westin franchise have been repainted and refurbished, in grey, a cooler tone and color, in line with franchise policies) that matches the overall original, cozy feel of the lobby and exterior of the building that the architects of the sturdy and robust “Monache Luxury Condo Complex” originally thought after. The purchase of the condo offers an optional, smooth transition to the very same exclusive private property management company, that has maintained and managed the condo successfully for over seven years.