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1600 Pine Creek Road, 
Bishop, CA 93514

$15,000,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Jacob Rasmuson

Bishop Real Estate, Rasmuson & Associates

760-873-4264

Last updated:

April 11, 2025, 03:34 PM

MLS#

240516

Source:

CA MLBOR

About This Home

1600 Pine Creek Road

Discover Pine Creek Village, a prime real estate investment located at the base of the Sierra Nevada Mountains near Bishop, CA. This expansive 30-acre parcel includes 85 rental homes. The community features 64 three-bedroom, one-bath homes and 21 two-bedroom, one-bath homes , averaging 1,029 square feet each. Recent upgrades include new roofs, double-pane windows, Internet, plank flooring, and modernized kitchens and bathrooms. The property offers a community water system, a wastewater treatment facility, and a 2,400 square foot maintenance. Potential subdivision would provide for existing homes on lots averaging 10,000 square feet. Located just 15 miles from Bishop, CA, and 35 miles from Mammoth Lakes, CA where nationally recognized Mammoth Mountain ski resort is located, this property serves the vibrant communities of Bishop, Mammoth Lakes, and beyond. The Eastern Sierra region, renowned for its outdoor recreational opportunities, is a desirable destination for both residents and tourists. With a median home price of approximately $500,000 in the Bishop area, Pine Creek Village offers an exceptional investment opportunity at just over $175,000 per home. Established in 1947, this historical site originally served as housing for Pine Creek Mine workers, and it continues to offer significant value and potential.

Home Facts

Multi-Family

Price Summary

15,000,000

MLS #:

240516

Last Updated:

April 11, 2025, 03:34 PM

Added:

9 month(s) ago


Finances & Disclosures

Finances

Price:

$15,000,000

Source:CA MLBOR
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.