Mammoth Lakes Homes under $2 million

Mammoth Lakes Homes under $2 million

Welcome to Mammoth Lakes, California—a breathtaking mountain town nestled in the heart of the Eastern Sierra. Known for its stunning natural beauty, Mammoth Lakes is a year-round destination that offers a plethora of outdoor activities, from world-class skiing and snowboarding in the winter to hiking, biking, and fishing in the summer. With its picturesque lakes, towering peaks, and vibrant community, it’s no wonder that many are drawn to this enchanting locale.

Mammoth Lakes is not just a playground for adventure enthusiasts; it’s also a perfect place to call home. The real estate market here is diverse, with a variety of charming properties available for under $2 million. Whether you’re looking for a cozy cabin with rustic charm, a modern condo with stunning views, or a spacious family home, you’ll find options that cater to your lifestyle and budget.

Imagine waking up to the crisp mountain air and the sound of nature surrounding you. With homes that blend seamlessly into the stunning landscapes, you can enjoy the beauty of each season right from your doorstep. The community offers a friendly atmosphere, excellent schools, and access to top-notch amenities, making it an ideal place for families, retirees, and everyone in between.

With Mammoth Lakes’ unique combination of adventure and tranquility, it’s the perfect setting to invest in your dream home. Explore our listings today and discover the charm and opportunity that awaits you in this captivating mountain town!

Newest Mammoth Lakes Homes under $2 million

1629 Majestic Pines Drive Unit 88, Mammoth Lakes
$659,000
2 Beds ⋅ 2 Baths ⋅ 26104066 MLS ⋅ Active Status

1629 Majestic Pines Drive Unit 88, Mammoth Lakes
4710 Minaret Rd Unit 9, Mammoth Lakes
$850,000
2 Beds ⋅ 3 Baths ⋅ 260024619SD MLS ⋅ Active Status
Welcome to your ultimate mountain retreat at the highly coveted Snowflower complex in Old Mammoth! Spanning 3 well-designed levels, this spacious 2-bedroom plus loft, 3-bathroom floor plan offers exceptional versatility and ample space to accommodate multi-family getaways or rental guests. The main level features a warm, inviting living area centered around an efficient wood/pellet burning stove, opening to a private deck framed by scenic mountain views. Adjacent is a fully equipped kitchen, dining area, and a convenient full bathroom. Downstairs, find two peaceful bedroom suites; each with its own dedicated full bath and private laundry facilities. Upstairs, the large, open loft provides ideal additional sleeping quarters. Snowflower amenities include a sparkling summer pool, soothing spa, sauna, tennis/pickleball courts, and BBQ areas. Situated right along Meadow Lane with immediate access to the free town shuttle, Mammoth Creek Park, biking/hiking trails, and minutes to ski lifts. Whether you are looking for a lucrative short-term rental investment or a personal mountain getaway, this turnkey property delivers the quintessential Mammoth Lakes experience!

4710 Minaret Rd Unit 9, Mammoth Lakes
2113 Meridian Boulevard Unit 148, Mammoth Lakes
$624,950
2 Beds ⋅ 2 Baths ⋅ 26871759 MLS ⋅ Active Status
This property is a two-level, tastefully renovated upper-unit condo with main floor bedroom + loft bedroom, located in a quiet, amenity-rich area of Mammoth Lakes. Fall in love with this tastefully renovated upper unit and enjoy the year-round lifestyle. Features include an open floor plan with fireplace and wood mantle, high vaulted wood beam ceilings, and a large first floor bedroom - the 2nd floor features a roomy loft with plenty of space for multiple beds and a private updated 2nd bathroom. Great storage, tree top views and set away from the main road you can easily walk to enjoy the amenities including a swimming pool, spa, tennis courts, and a clubhouse. At night enjoy the outdoors from your private balcony. Shuttle Stop is minutes away from Eagle Lodge and Chair 15 - a short drive to the Lakes where you can enjoy canoeing. STAY WHERE YOU PLAY - IT'S A MAMMOTH THING - COME TO THE SMALL TOWN WITH THE BIG PLAYGROUND!

2113 Meridian Boulevard Unit 148, Mammoth Lakes
1801 Old Mammoth, Mammoth Lakes
$1,748,000
OC26092085 MLS ⋅ Active Status
Located in the highly desirable mountain community of Mammoth Lakes, this well-maintained 7-unit income property offers a rare opportunity to own a stable, cash-flowing asset with significant upside potential. Featuring a charming mountain chalet aesthetic, the property blends rustic appeal with practical functionality, making it highly attractive to both long-term tenants and seasonal renters. The property boasts consistent rental income across all seven units, complemented by an on-site laundry facility that generates additional revenue. A detached studio provides ideal accommodations for an on-site caretaker, enhancing property management efficiency and tenant satisfaction. One of the units is a spacious three-bedroom, two-bath layout, presenting a unique opportunity for an owner-user conversion or premium rental upgrade. Ample on-site parking adds convenience and desirability for residents and guests alike. Positioned just minutes from world-class recreation, including Mammoth Mountain Ski Resort, as well as dining, shopping, and year-round outdoor amenities, the location is a major draw. With Mammoth Lakes continuing to experience strong growth and development, this property presents both immediate income stability and long-term appreciation potential. Ideal for investors or owner-users seeking a foothold in a high-demand resort market, this is a versatile asset with multiple value-add opportunities, including potential expansion or redevelopment.

1801 Old Mammoth, Mammoth Lakes
100 Ski Trail Unit 42, Mammoth Lakes
$219,990
3 Beds ⋅ 2 Baths ⋅ TR25237965 MLS ⋅ Active Status
**AVAILABLE **AVAILABLE drive by AND SEE FOR YOURSELF... Enjoy mountain living at its finest in this beautiful 3-bedroom, 2-bath home with breathtaking views and a large front deck perfect for relaxing or entertaining. Inside, you’ll find a spacious layout featuring a living room, family room, and dining area — ideal for both comfort and functionality. The kitchen offers plenty of storage with a walk-in pantry, and the home includes washer/dryer hookups for convenience. Stay cozy year-round with two heating sources — a pellet stove and central gas heat. Outside, enjoy an additional storage area and the peaceful surroundings of Mammoth Lakes. Whether you’re looking for a full-time residence or a mountain getaway, this home offers comfort, space, and unbeatable views.

100 Ski Trail Unit 42, Mammoth Lakes
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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