Large-Scale Development Opportunities in Mammoth Lakes

Investment with Vision: Large-Scale Development Opportunities in Mammoth Lakes

As California’s top mountain destination continues to grow, so does the demand for visionary real estate projects. Mammoth Lakes isn’t just a place to own a cabin or enjoy a ski weekend, it’s a dynamic, evolving town with untapped potential for large-scale development that blends lifestyle, tourism, and long-term investment.

In 2025, a rare window has opened: several large parcels and iconic properties have hit the market, offering a unique opportunity for developers, resort creators, hospitality brands, and real estate investors to build something transformative in the heart of the Eastern Sierra.

This isn’t just about square footage, this is about creating something that will shape the Mammoth experience for generations to come.

Why Mammoth Lakes? The Case for Investment

Click here: “Why Mammoth Lakes?”

Before diving into the listings, let’s talk about why Mammoth Lakes is increasingly attractive to large-scale investors:

• Year-Round Tourism: From winter skiing and snowboarding to summer hiking, biking, and fishing, Mammoth draws visitors all year long.

• Growing Infrastructure: With major investment from Alterra Mountain Company and continued growth in visitor services, Mammoth is scaling up its appeal.

• Lifestyle Migration: The rise in remote work and second-home buyers has increased demand for high-end, well-designed housing options.

• Limited Inventory: The town’s geography and public land limits future development, which increases long-term property value for those who act now.

• Development-Friendly Zoning in Key Areas: Certain parcels allow for resort, mixed-use, multifamily, and commercial builds, with the right vision and team.

Featured Opportunities: Properties with Scale, Location, and Potential

1. Pokonobe Lodge – Resort-Ready with a Legacy Name

• Location: Lake Mary

• Zoning: Resort / Commercial

• Size: 5+ acres

• What Makes it Special: Private marina rights, historic cabins, and a lakefront setting that’s nearly impossible to replicate in Mammoth.

• Development Potential: Boutique resort, glamping retreat, luxury cabin rentals, or wellness center.

This is the kind of property small developers dream of, access to water, surrounded by forest, with a story to tell and a foundation to build on.

Timeless Charm of Pokonobe Lodge and Marina: A Legacy Property – Mammoth Lakes CA | Mammoth Lakes Real Estate

2. Mammoth View Villas – Redevelopment Opportunity Steps from The Village

• Location: Just behind The Village at Mammoth

• Zoning: RMF-2 (multifamily)

• Size: Over 1 acre across multiple parcels

• What Makes it Special: Walking access to gondola, restaurants, and nightlife. High visibility and demand for short-term accommodations in this area.

• Development Potential: New luxury condos, boutique hotel, or a mixed-use residential concept.

There is very little land left this close to the core of Mammoth, and with the right approach, this project could set a new standard for in-town lodging or lifestyle housing.

3. Development Parcels – Raw Land with Visionary Possibilities

• Locations: Throughout Mammoth Lakes

• Zoning Options: Residential, resort, or commercial depending on the parcel

• What Makes them Special: Scenic views, privacy, and room to build something big.

• Development Potential:

• • Luxury residential communities

• • Mixed-use centers

• • Equestrian ranches or private estates

• • Sustainable mountain retreats

Large, undeveloped land is scarce in this region. Investing now means positioning your project ahead of the next wave of demand.

What You Can Build Here (Depending on Zoning & Entitlements)

• Boutique Resorts or Lodges

• Eco-luxury Glamping Destinations

• Luxury Townhomes or Condos

• Resort-Style Multifamily Complexes

• Restaurants + Commercial Hubs for Visitors

• Event Centers or Wellness Retreats

Let your creativity guide you, and bring in the right team to navigate zoning, permitting, and design.

Timing is Everything

With the cost of construction stabilizing, interest in lifestyle-driven real estate on the rise, and Mammoth gaining national attention, 2025 is an ideal time to take action.

The competition for standout development parcels is growing, but early movers will benefit most. Whether your goal is to develop and sell, create a long-term income-producing property, or hold land for future use, the time to plant your flag is now.

Partner with a Local Team Who Understands Scale

These types of opportunities require more than just capital, they require insight, access, and local expertise. That’s where we come in. With deep roots in Mammoth Lakes and hands-on experience in both residential and commercial real estate, our team is ready to help you:

• Evaluate development feasibility

• Understand zoning and permitting

• Connect with architects, planners, and contractors

• Market the final product to the right audience

Interested in learning more about development opportunities in Mammoth?

Let’s schedule a private consultation and explore how you can turn your vision into reality, right here in the heart of the Eastern Sierra.