$2,250,000
SOLD JAN 31, 2025

413 Rainbow Ln Unit 2 Mammoth Lakes, CA 93546

3 Beds
3 Baths
2,025 Sq Ft
$750/mo HOA Fee

Recently Sold

$1,111 Per Sq Ft

106 Days on Market

Highlights

  • New Flooring
  • Deck
  • Vaulted Ceiling
  • Mammoth High School Rated A-
  • Newly Painted Property
  • Furnished

About This Home

As of January 2025

Completed in 2020, this newly constructed Mountainside 3-bedroom / 3-bathroom, 2,025 sq. ft. townhome with over-sized 2-car garage, large deck with private hot tub and Mammoth Mountain ski slope / chairlift views is located directly next to Canyon Lodge – offering some of the best ski-in / ski-out access in Mammoth. Walk to the lifts in the morning, come home for lunch and then head back out in the afternoon – ski, bike or hike directly from your front door then come home to relax and enjoy the mountain views from your deck and private hot tub. This property provides immediate access to the ski slopes, the village gondola and is also located a short distance to the Village at Mammoth where you will enjoy dining, shopping and year-round concerts and events. Canyon Lodge has so much to offer from beginner ski lifts and ski school to the new six pack Canyon Lodge Express and famous Apres-Ski parties! This well-maintained home features high quality construction, mountain architecture, wood flooring, high-end tile, granite, LG stainless appliances, beautiful furniture and décor, electronics, smart home technology, plenty of owner storage and more. The property is being sold turn-key and ready for personal use and/or rental. Gross rental revenue was $136,221 in 2022, $138,476 in 2023 and $113,028 for January – April 2024. A rare lockoff door exists between unit 2 & 3 (comprising one entire building) so the units can be rented together as a 6-bedroom / 6-bathroom, 4,050 sq. ft., 4-car garage with two decks and two hot tubs! Or, even better, Unit 3 next door is also available for sale so there is the option to buy both units together and own a 6-bedroom / 6-bathroom, 4,050 sq. ft., 4-car garage with two decks and two hot tubs next to Canyon Lodge along with excellent rental potential and owner usage! Garage door height is approximately 7 feet, 9 inches. Property is sold furnished, subject to an inventory.

Last Agent to Sell the Property

Peter Maw

Berkshire Hathaway HomeServices California Prop License #01405363 Listed on: 06/27/2024

Berkshire Hathaway HomeServices California Prop

Co-Listed By

Scott Kantor

Apollo Realty Company License #01895581

Last Buyer's Agent

Sonja Bush

Destination Real Estate License #01904399

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,405

Year Built

  • Built in 2020

HOA Fees

  • $750 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,025 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • New Flooring
  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Propane Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 031-197-002-000

Community Details

Overview

  • Mountainside Community

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,405

Year Built

Built in 2020

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Class: CONDOMINIUM
  • Type: Townhouse
  • Age: 4
  • View: Ski Slopes
  • Year Built: 2020
  • Stories: 3
  • Redfin: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Gas Range/Oven, Microwave, Washer, Dryer
  • Furnished: Yes
  • Interior Amenities: New Floor Cover, New Paint, Hardwood Floors, Carpet, Vaulted Ceilings, Smoke Detector, Garage Door Opener, High Speed Access, Soaking Tub
  • Windows: Double Pane
  • Bedrooms: Three
  • Bathrooms: 3
  • Laundry Type: Upper Level
  • Fireplace: One, Gas Log, In Living Room
  • Estimated Sq Ft: 2025
  • Price Per Sq Ft: 1111.11

Exterior Features

  • Exterior: Wood Siding, Stone
  • Porch Patio: Open Deck
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Capacity: Two
  • PrivateGarage: Yes

Utilities

  • Gas: Propane
  • Heating: Propane, Forced Air
  • Sewer: Public Sewer
  • Water Heater: Propane
  • Water Supply: Public Water

Condo/Co-op/Association

  • HOA: 750
  • H O A Frequency: Month

Lot Info

  • Lot Unit: 2
  • Project Name: Mountainside
  • Project Area: CANYON LODGE
  • Geo Subdivision: CA

Tax Info

  • Assessor Parcel Number: 031-197-002-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2024
Sold by
Dtw Real Estate Holdings Llc
Bought by
413 Rainbow Lane 2 Llc
Total Days on Market
106
Current Estimated Value
$1,813,278

Purchase Details

Closed on
Jul 1, 2022
Sold by
Bjf Real Estate Holdings Llc
Bought by
Dtw Real Estate Holding Llc

Purchase Details

Listed on
Jan 2, 2018
Closed on
Mar 10, 2020
Sold by
Jwh Homes Inc
Bought by
Dtw Real Estate Holdings Llc
Seller's Agent
Matthew Lehman
Matthew Lehman Real Estate
Buyer's Agent
Peter Maw
Berkshire Hathaway HomeServices California Prop
List Price
$1,183,350
Sold Price
$1,183,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,250,000 Inyo-Mono Title
Grant Deed $850,000 None Listed On Document
Grant Deed $1,183,500 Inyo Mono Title Company
Grant Deed $400,000 Inyo Mono Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,090,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $2,250,000 0.0% $1,111 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $2,250,000 0.0% $1,111 / Sq Ft
07/17/2024 07/17/24 Off Market $2,250,000 -- --
06/27/2024 06/27/24 For Sale $2,250,000 +90.1% $1,111 / Sq Ft
03/02/2020 03/02/20 Sold $1,183,350 0.0% $584 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
01/02/2018 01/02/18 For Sale $1,183,350 -- $584 / Sq Ft
Source: Mammoth Lakes Board of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $17,405 $1,506,873 $296,613 $1,210,260
2022 $14,509 $1,243,319 $243,903 $999,416
2021 $13,833 $1,195,608 $239,121 $956,487
2020 $11,645 $1,016,180 $128,680 $887,500
2019 $2,404 $204,184 $123,684 $80,500
2018 $1,502 $123,684 $123,684 $0
2017 $1,390 $121,259 $121,259 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mammoth Lakes Board of REALTORS® MLS

MLS Number: 240411

Mammoth Lakes Board of REALTORS® MLS

APN: 031-197-002-000