Mammoth Lakes, CA
Eastern Sierra ski and hiking - high-altitude year-round demand
Mammoth Mountain is the highest ski resort in California and one of the largest in North America, with a season that often extends into June. The Eastern Sierra location makes Mammoth a 5-6 hour drive from LA - far enough to feel remote, close enough to sustain weekly demand from SoCal. Summer hiking, mountain biking, and June Lake access create genuine dual-season revenue.
Estimated Annual Performance
* Estimates based on market averages. Individual property performance varies. Always run a full underwriting analysis.
Why Investors Choose Mammoth Lakes
Mammoth Lakes STR investing, answered
Is Mammoth Lakes, CA a good short-term rental market?
Mammoth Lakes is a West Coast STR market averaging a 9.1% cap rate, 62% annual occupancy, and $395/night across STR-viable listings. Mammoth Mountain is the highest ski resort in California and one of the largest in North America, with a season that often extends into June. The Eastern Sierra location makes Mammoth a 5-6 hour drive from LA - far enough to feel remote, close enough to sustain weekly demand from SoCal. Summer hiking, mountain biking, and June Lake access create genuine dual-season revenue.
What is the average Airbnb occupancy rate in Mammoth Lakes?
STR-viable properties in Mammoth Lakes average about 62% occupancy across the year. Peak season is Dec - May (extended ski), July - Aug (summer). Occupancy here reflects availability-adjusted booking performance, not raw calendar occupancy, so it represents what a full-time operated rental can realistically achieve.
How much do short-term rentals earn in Mammoth Lakes?
At $395/night and 62% occupancy, a typical Mammoth Lakes STR grosses roughly $89,389 per year before expenses, leaving an estimated $53,633 in net operating income against a $590K average price, an implied 9.1% cap rate. Individual results depend on property, amenities, and management.
What types of properties work best for STR in Mammoth Lakes?
The strongest-performing STR property types in Mammoth Lakes are Condo, Cabin, Townhouse, Single Family. Highest ski resort in California - season extends to June most years. Matching the local guest profile and the amenities that drive bookings in this market matters more than raw square footage.
What is the median STR-viable home price in Mammoth Lakes?
STR-viable listings in Mammoth Lakes average around $590K. Primary STR ZIP codes include 93546. Combined with the market's 9.1% average cap rate, that price level sets the return baseline you'd underwrite against.
Market averages, not guarantees. Cap rates, occupancy, and nightly rates are market-wide averages based on active STR listings and historical data. Individual property performance depends on location, amenities, management, and listing quality. Always run a full underwriting analysis before purchasing.
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