Mammoth Crossings Development Sites for Sale in Mammoth Lakes
Mammoth Crossings – The two development sites being being offered for sale are an assemblage of 15 individual properties represented as two distinct corners. The sites are located on the southeast and southwest corners of Lake Mary Road/Main Street and Minaret Road. These two sites total 8.32 acres (3.99 and 4.32 acres respectively) and are two of the most visible corners in Mammoth Lakes. Each corner may be purchased individually or as a package.
In addition to being highly visible, each corner is uniquely located only one block from Mammoth’s most popular visitor destinations; The Village at Mammoth, Ski Gondola, Events Plaza, dining, and free public transportation hubs. For a bird’s-eye view of the property, possible developer layouts, and its surroundings, Check Out Our Mammoth Crossings Video.
Because both sites are within the “Mammoth Crossings” zoning of the North Village Specific Plan (NVSP), the highest and best uses are to meet market demands as development sites outlined in the plan.
North Village Specific Plan (NVSP)
Mammoth Crossings is located within the North Village Specific Plan (NVSP). The NVSP sits in the northwest portion of Mammoth Lakes and consists of 41 separate parcels totaling approximately 64 acres. Since the Specific Plan was adopted in 1991, some consolidation of ownership has occurred, but most of land remains under multiple ownership. The NVSP is located adjacent to Main Street, Lake Mary Road and Minaret Road.
The objective of The NVSP is to create a set of land use designations and development standards which will facilitate the development (or renovation) of “North Village” as a concentrated, pedestrian-oriented activity center with limited vehicular access. The North Village development will be oriented toward year-round uses and visitor activity, to strengthen the existing winter visitor market and to improve Mammoth’s attractiveness to spring, summer, and fall resort visitors. Unification of development throughout the Specific Plan Area through the establishment of architectural and landscaping guidelines will strengthen North Village’s image as a resort activity node in Mammoth Lakes.
The NVSP focuses on the creation of visitor services and attractions, while emphasizing pedestrian access and mobility. Parcels developed for non-lodging purposes will be oriented toward visitor commercial uses. Development densities and standards and the mix of permitted conditional uses within each land use district will result in a variety of hotel, commercial, and residential uses.
There are six land use districts established for areas within North Village. Zoning, indicates the site-specific land use designations for the individual parcels in North Village and in the Pedestrian Core overlay area. The overlay area covers all Plaza Resort parcels, Resort General parcels, and the Mammoth Crossing-designated parcels. The Pedestrian Core area establishes more detailed design objectives and standards to insure the viability of pedestrian orientation within North Village. Following are descriptions of each of the land use districts, their intent and expectations.
Property Details
The Mammoth Crossings sites being offered are two of the three designated Mammoth Crossings corners within the North Village Plan. Specifically, the sites being offered are the two southern corners of the Mammoth Crossing designation. For purposes of this offering these sites have been named the “southwest corner” and the “southeast corner”.
The Southeast Corner: Consists of 6 parcels, all devoid of structural improvements. Two of the parcels had motels, recently razed in an effort to accommodate interim parking. Individual parcel sizes range from .37 to 1.2 acres in size. The entire southeast corner is 3.99 acres in size.
The Southwest Corner: Is made up of nine parcels ranging in size from .11 acres to .98 acres. The total acreage of the southwest site is 4.32 acres. Four of these parcels have structures, each at the end of their useful life.
Investment Highlights
- Two Prime Development Sites 3.99 and 4.31 Acres
- Located in the North Village Specific Plan
- Corners of Main Street/Lake Mary and Minaret Roads
- Southwest Corner Abuts Sierra Star Golf Course
- One block to Village Events Plaza and Ski Gondola
North Village Specific Plan – Land Use Designations
Mammoth Crossing (MC) – Designation for the Subject Corners
This designation has been applied to numerous properties, totaling approximately 9.3 acres, located at the northwest, southwest, and southeast corners of Minaret Road and Main Street. All are accessible to and easily connected to the Village at Mammoth by means of pedestrian connections. Each of these three corners is considered an individual site planning area, which together provide a range of short-stay accommodation choices, retail, entertainment, personal and community services, and some residential uses. The Mammoth Crossing district is intended to provide a complementary, pedestrian oriented node to the Village at Mammoth, that serves as a gateway and provides a sense of arrival for visitors to the North Village area. Allowable uses in the MC district include hotels, resort condominiums, specialty retail shops, restaurants, conference facilities, and public recreation facilities. Employee housing and residential uses are also permitted in this land use designation.
What new in Mammoth Lakes?
In July of 2017, an new announcement was made indicating MMSA was being purchased by a joint venture (Alterra) between Henry Crown and Company (HCC) and KSL Partners, LLC. Alterra will boast 12 four-season mountain resorts and approximately six million skier visits, 20,000 skiable acres and significant land available for real estate development. Details on the Joint Venture.
Please contact Matthew Lehman for more information on Mammoth Crossings or other Real Estate in Mammoth Lakes.