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Snowcreek V Condos For Sale

Mammoth Lakes, CA

Condos for sale in the Snowcreek V Condominium subdivision are brought to you by Eric Leach, Mammoth real estate broker.

Snowcreek V Real Estate

Snowcreek V Condos are located along the Snowcreek golf course and consist of two phases (for HOA purposes). Similar to Snowcreek Condos phase IV, phase V has a similar layout with the larger townhomes with private, attached 2-car garages located along the perimeter of the complex (some right on the golf course with others backing to either the Sherwins or open space offering views to the East), and a mix of smaller townhomes with attached 1-car garages, and condos with no garages located in the interior of the complex. Snowcreek Condos phase V is the largest of the phases with a total of 296 units, and was built between 1990 and 2002.

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The units at Snowcreek V are for the most pat larger, more spacious and have more potential as vacation rentals. A lot of owners have their condos in the Snowcreek rental program which is a very effective way to get them rented out on a regular basis. The Snowcreek condo rental program is very well-known and has the potential to generate a lot of interest in your unit. Going it on your own VRBO style is a lot of work and with less exposure, you may see less results. The Snowcreek Rental Program does take about 50% for managing the rental, which might sound like a lot but the cost makes a lot of sense. They provide the advertising to rent the unit, provide cleaning services and laundry/linens, towels, toilettries, as well as provide maintenance and handle reservations. This basically means that you don’t have to do anything and you either supplement your income or help pay for your mortgage with rentals.

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Recent numbers (as of 2015) show that having a vacation rental at Snowcreek V condominium complex can be profitable. These numbers are, of course, dependent on owner usage. The numbers, as provided by the Snowcreek Rental Program are as follows. For a 2-bedroom deluxe unit the average gross income for a year is between $16,500 & $34,000. For a 3-bedroom deluxe unit the average gross income for a year is between $10,800 & $26,000. The reason for larger units earning less probably has something to do with the fact that when it comes to rentals, most visitors are looking for something affordable that meets their needs, but doesn’t exceed their needs. A three bedroom offers a lot of space but when you’re on vacation, you really only want space for the amount of people you have. These numbers are, again, of course distorted by how much the owners actually occupy the unit.

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Snowcreek V is among Mammoths finest Golf Course condominium complexes. The Mammoth area features some seriously wicked condos, and those found at Snowcreek V are among the nicest. Ranging from about $500,000 to well over $1,000,000 some of the Snowcreek V condos feature 4-5 bedrooms and 3-4 bathrooms. The spacious floor plans and breathtaking views are clearly one of the strongest selling points but the location is just as desirable. Snowcreek V is located near some of Mammoths best golf courses and therefore maintains additional value. For more information about the other Snowcreek Condo Complexes, Snowcreek I, II, III and IV, give us a call or shoot us an email. Below we have compiled a lot of great images from Snowcreek V condos so you can get a better idea of what they look like, how the floor plans are laid out and why they are among some of the most desirable units in Mammoth Lakes, California.

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This is a shot of a living/dining room at one of the ground floor condo units at Snowcreek V. Even on the bottom floor with trees providing shade, there is still a lot of light pouring in from the many windows.

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The image above shows another living space, this time from one of the larger units at Snowcreek V, and it shows off some of the beautiful architectural accents at Snowcreek V such as the stone mantle fireplace and built in entertainment center.

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The view from some of the second story balconies are amazing, but the view from the first story back decks are awesome too. In a lot of ways, there really isn’t a bad view anywhere in Mammoth.

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The exterior of the Snowcreek V Condominiums matches the ski lodge look with wood log accents and large sloping rooftops. The image above shows how large some of the windows are. Which explains why so many of the other photos here are so bright and warm with a lot of natural light.

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Most of the floor plans are wide open like this image shows. Kitchens, dining rooms and living rooms are often part of one large expansive area. This unit also features a deck off of the dining room side of the space.

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This is another exterior shot of the Snowcreek V Condos which shows off a feature that we haven’t yet discussed, the garages. Many of the Snowcreek V condos feature spacious two car garages.

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Imagine walking out your back deck and seeing this view. The natural scenery is majestic in Mammoth, at the Snowcreek V complex it’s no different.

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Finally we get to see the view from the second story of a unit. I know I wouldn’t mind having a cup of coffee in the morning with that view right before heading out for a long day of skiing or snowboarding. If you would like to get more information about how you too could be blessed with the opportunity to soak in these views over your morning coffee, give me a call or shoot over an email. I am happy to answer any and all of your questions regarding Snowcreek V Condos for sale and the many benefits & amenities associated with living in Mammoth.