Homes/California/Mammoth Lakes/1111 Forest Trail #1203
CompCasa Property Analysis · condo

1111 Forest Trail #1203

Village at Mammoth — 2BR/2BA Condo Steps to the Gondola

Concierge, pool, gondola access — prime Village living.

2 beds2 baths885 sq ftBuilt 2003underground/covered parking included with complex (shared assigned spaces possible)
CompCasa valuation analysis
Estimated market value
$1,000,000
Low $925,000 · Midpoint $1,000,000 · High $1,075,000
Confidence68%Sales comparison approach
CompCasa estimate$1,000,000Mar 14, 2026
$925,000$1,000,000 midpoint$1,075,000
Price / sq ft$1130
Median sale price$650,000
Avg days on market60 days
Inventory3 months

Estimate anchored to the listed price of **$1,000,000** and adjusted by general knowledge of Village at Mammoth condo sales and resort market dynamics. No live comparable sales search performed.

About the property

Village at Mammoth — 2BR/2BA Condo Steps to the Gondola

Set inside The Village at Mammoth, this 2-bedroom, 2-bath condo (885 sq ft) offers direct access to the resort life buyers seek. Positioned near the Village entrance and front desk, the unit pairs practical living with resort services — concierge assistance, fitness rooms, heated pool, multiple spas, restaurants, retail, and an on-site gondola that whisks you to Canyon Lodge. Built in 2003 and presented with modern finishes, the floorplan is optimized for both owner use and short-term rental performance.

The living area opens to a private balcony that captures mountain and village activity, creating an elevated vantage point for après-ski evenings and summer festival weekends. The kitchen and baths feature contemporary fixtures and efficient layouts that suit turning quickly for rentals or comfortable ownership. Two well-proportioned bedrooms and two full baths give flexibility for guests, family stays, or rental setups. Underground parking with charging stations and concierge services add convenience that keeps guests returning.

What sets this unit apart is its location: immediate access to The Village amenities and the gondola means guests and owners spend less time driving and more time enjoying the mountain. The property benefits from year-round demand — winter skiers, shoulder-season mountain bikers, and summer festival crowds — making it a compelling option for buyers seeking both lifestyle and income potential. A 3D tour is available for remote viewings.

Schedule your showing with the listing agent and request the HOA packet to confirm rental policies, parking assignment, and operating expenses. This Village condo is a rare opportunity to secure a turnkey presence in Mammoth's resort core.

Property details

A 2003 condo.

Building

Year built2003
ConstructionWood Frame With Resort Grade Finishes (Typical For Village At Mammoth)
Heatinglikely central/forced air or electric baseboard (specific system not listed)
Coolinglikely none or wall units (not listed); resort condos often rely on passive ventilation and electric systems

Site & utilities

Garageunderground/covered parking included with complex (shared assigned spaces possible)
ConditionGood
BasementNone
FireplaceNo
Improvement notes2-bedroom, 2-bath condominium finished for short-term rental market; balcony, modern kitchen finishes per listing photos and description.
TopographyLevel
ParkingUnderground Parking
Parking notesProperty is in The Village at Mammoth complex with shared underground parking and charging stations referenced in listing notes.
AccessPrimary access via Forest Trail within The Village complex; pedestrian access to Village amenities and gondola.
WaterMunicipal (Mammoth Lakes Public Utilities Likely)
SewerMunicipal
ElectricCommercial/Resort Service (Southern California Edison Service Area)
GasLikely Natural Gas Available To Building (Not Specified)
Location & nearby

The Village at Mammoth

Researched nearby locations

Village Gondola (direct access, <0.1 mi)
Mammoth Mountain Canyon Lodge (1.0 mi)

Location

1111 Forest Trail #1203 #1203, Mammoth Lakes, CA 93546

View in Google Maps
Editorial neighborhood context

The Village at Mammoth is the town’s pedestrian core — a compact cluster of lodging, restaurants, shops and entertainment that functions as the social center for Mammoth Lakes. It’s where festivals, concerts, and après-ski activity concentrate, with easy pedestrian connections to public plazas and the gondola. Properties here trade at a premium for convenience and amenity access and are popular with second-home buyers and investors looking for short-term rental returns.

Nearby access summary

Exceptional access to alpine recreation: gondola to Canyon Lodge, cross-country trails, mountain-biking and hiking within minutes; strong year-round outdoor activity.

ElementaryMammoth Elementary School (approx. rating 5/10)
Middle schoolMammoth Elementary serves K-8 in the district (approx. rating 5/10)
High schoolMammoth High School (approx. rating 4-6/10)
School districtMammoth Unified School District
Market context

A factual market snapshot around 1111 Forest Trail #1203.

Median sale price$650,000
Avg days on market60 days
Inventory3 months
1-year appreciation300.0%
5-year appreciation1200.0%
Editorial market perspective

The Mammoth Lakes market is a small, seasonally-driven resort market where inventory in the Village core is typically limited and demand concentrates around ski season and summer recreation windows. Median sale prices for the broader Mammoth condo market are lower than Village core pricing; however, Village units command a premium due to immediate access to amenities and short-term rental demand. In recent years the market has shown modest appreciation (single-digit annually) with stronger performance in highly amenitized pockets. For buyers, this means acquisitions in The Village can capture superior nightly rates and higher occupancy compared with town-edge alternatives, but they also require careful underwriting of fees, transient occupancy taxes, and HOA policies. Off-season listings can attract more negotiated deals, while in-season demand often compresses days-on-market.

Zoning & land use

Resort/Commercial-Residential condominium zoning typical for The Village at Mammoth complex; permits transient lodging and residential uses per resort-master plan.

Zoning

DescriptionResort/Commercial-Residential condominium zoning typical for The Village at Mammoth complex; permits transient lodging and residential uses per resort-master plan.
JurisdictionTown of Mammoth Lakes / Mono County
Current useResidential

Research-indicated uses

  • Residential Condominium
  • Transient Lodging / Short Term Rentals (Subject To Town Of Mammoth Lakes Regulations And Complex Rules)
  • Retail And Resort Supporting Uses At Ground Floor Of Complex
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Listed at **$1,000,000** with **885 sqft** (approx. **$1,130/sf** per Redfin data).
  • Built in **2003**; appears in good condition from listing materials.
  • Located inside The Village at Mammoth — high-demand resort core.
  • AVM close to list price: **$996,739** (Redfin AVM).
  • Strong short-term rental demand historically in this micro-market (subject to local regulations).
Highlights & features

What stands out about this property.

Interior Features

  • 2 bedrooms, 2 full bathrooms
  • 885 sq ft of living space
  • Balcony overlooking Village activity
  • Modern kitchen finishes and efficient layout
  • Turnkey condition suitable for rental or owner use

Exterior & Lot

  • Located in The Village at Mammoth resort complex
  • Resort amenities: pool, spas, fitness facilities
  • Underground parking with charging stations (complex-wide)
  • Walking access to restaurants, retail and event plazas

Location & Neighborhood

  • Direct access to Village Gondola (to Canyon Lodge)
  • Concierge and front-desk services
  • Short walk to dining, shops, and entertainment
  • Central location for winter and summer recreation

Walkability & Recreation

  • Walkability Rating: 85/100
  • Minutes to ski lifts, biking trails and mountain events
  • Nearby public plazas and seasonal programming
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
https://www.redfin.com/CA/Mammoth-Lakes/1111-Forest-Trl-93546/unit-1203/home/120745195View source
Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.