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Eagle Summit Condo Collection 3 Flex Condos Offered at $1,637,000 in Mammoth Lakes, CA
Investment Highlights
- Close to Eagle Lodge
- Garaged Parking and Elavator Serviced Entry
- 3 Condos in Same Building
Executive Summary
Rare opportunity to acquire a three-unit 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.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $1,637,000 | Status | Active |
| Price / SF | $721.78 / SF | Number of Properties | 3 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 9.50% | Total Building Size | 2,268 SF |
| Sale Type | Investment |
| Price | $1,637,000 |
| Price / SF | $721.78 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 9.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 2,268 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
The Summit Condominiums
3253 Meridian Blvd, 1st Floor - Unit 260, Mammoth Lakes, CA 93546 |
Flex Condo | 934 SF | 1974 | - |
|
The Summit Condominiums
3253 Meridian Blvd, 1st Floor - Unit 249, Mammoth Lakes, CA 93546 |
Flex Condo | 738 SF | 1974 | - |
|
The Summit Condominiums
3253 Meridian Blvd, 1st Floor - Unit 264, Mammoth Lakes, CA 93546 |
Flex Condo | 596 SF | 1974 | - |
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