There is an exciting new development hitting the market in 2020! Welcome to the Villas at Obsidian – a 20-unit development of 3-story townhomes located on the 10th fairway of the Sierra Star Golf Course. These luxury homes will have almost 3000 sq ft of living space, two-car garages, private decks with private spas, radiant heated floors, fully-equipped gourmet kitchens and more! The Obsidian clubhouse features a workout and fitness room, heated pool, game room and patio with barbeque area. These homes with have spectacular views over the golf course to Mammoth Mountain, with easy shuttle access to free transportation anywhere in town.
Some owners may choose to live in these homes full-time, but for those of you looking to rent your luxury townhome when you aren’t here, you’re in luck! The Villas at Obsidian has partnered with Mammoth Hospitality Management (MHM) services to provide the highest level of luxury rental services in concert with Mammoth Resorts and the Alterra Mountain Company. MHM manages the rental services for The Village Lodge, where 3-bedroom suites boast average gross rental revenues of $127,392 per year. MHM charges a 30% management fee which includes complete property management, front desk and concierge service, maintenance, housekeeping, airport shuttle service, a $10 million marketing and sales campaign, and replacement of lost/broken/worn dishware, glassware, cookware, linens, robes, towels, etc.
The Villas are duplex-style townhomes, with 3 stories and attached garages. There are two floorplans available, offering 3 bedrooms or 4 bedrooms and 3bathrooms.
The first and second stories of both floorplans are the same:
First Floor – 1 Bedroom | 1 Bath | 2-Car Tandem Garage
Second Floor – Living Room | Dining Room | Kitchen
The third story comes with the option of 2 or 3 bedrooms:
Third Floor – 2 Bedrooms | 2 Bathrooms
Third Floor – 3 Bedrooms | 2 Bathrooms
Pricing and Sales Process:
The first four homes are under construction now and are scheduled to be completed in April of this year. These homes are currently for sale with prices starting at $1,250,000. The remaining homes will be sold during a selection event to be held in February, 2020. For an opportunity to purchase during this selection event, buyers can put in a reservation with a refundable $20,000 deposit.
The HOA dues for the Villas at Obsidian are $568/month and will include maintaining all common areas, landscaping, snow removal, patios and more. The membership to the clubhouse and its amenities is optional for $300/month.
Do to the limited quantity of these luxury homes, we are suggesting our clients explore this opportunity as soon as possible! For more information, development packages, and purchasing opportunities, send us an email or call:
Listing of Villas at Obsidian courtesy of Mammoth Realty Group, Inc. and Mammoth Village Properties. Rental Management provided by Mammoth Hospitality Management. Resort development by Mammoth Springs Resorts, in collaboration with ETF Design and Covington Construction.