1600 Pine Creek Road

Bishop, CA 93514

$21,000,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Discover Pine Creek Village, a prime real estate investment located at the base of the Sierra Nevada Mountains near Bishop, CA. This expansive 58-acre property 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, and modernized kitchens and bathrooms. The property has three domestic wells and two water storage tanks encompassing a community...Discover Pine Creek Village, a prime real estate investment located at the base of the Sierra Nevada Mountains near Bishop, CA. This expansive 58-acre property 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, and modernized kitchens and bathrooms. The property has three domestic wells and two water storage tanks encompassing a community water system, a wastewater treatment facility, and a 2400 square foot maintenance building and large storage yard. Potential subdivision would provide for existing homes on lots averaging 10,000 square feet, with the additional acreage for future development. Currently the zoning is a mix of R3 medium high-density and open space uses. 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 $535,000 in the Bishop area, Pine Creek Village offers an exceptional investment opportunity at under $250,000 per home. Established in 1947, this historical site originally served as housing for the Pine Creek Mine's workers, and it continues to offer significant value and potential.
  1. Listed by Jacob Rasmuson • Bishop Real Estate, Rasmuson & Associates

Amenities

  • Garage
  • Laundry in Building
LISTING UPDATED: 08/04/2024 05:00 PM

Property Details for 1600 Pine Creek Road

StatusActive
MLS #240516
Days on Compass83
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeMULTI-FAMILY / Other
Year Built-
Lot Size-
CountyInyo County

Building Information for 1600 Pine Creek Road

Stories1Residences85Year Built-Lot Size-

Property Information for 1600 Pine Creek Road

Summary
Location and General Information
  • Area: Round Valley
  • Subdivision: Round Valley
  • Region: INYO COUNTY
Parking
  • Garage Capacity: None
  • Garage Type: None
Taxes and HOA Information
  • HOA $: $.00
Property
Lot Information
  • Lot/Unit: 0
  • New Construction: No
  • Property Type: MULTI-FAMILY
  • Property Sub Type: Other
Property and Assessments
  • Photo Count: 28
  • APN: 009-120-27
  • LVT Date: 08-05-2024
Utilities
  • Water Heater: Propane
  • Water Supply: Well Community
  • Sewer: Other/See Remarks
  • Gas: Propane
Interior and Exterior Features
Exterior Features
  • Exterior: Frame, Wood Siding
  • Roof: Composition
  • Ext Amenities: Paved Street
  • Landscaping: Trees
Interior Features
  • Stories: 1
  • Int Amenities: Carpet
  • Appliances: Refrigerator, Elec. Range/Oven
  • Fireplace: None
  • Heating: Wall Heater
  • Laundry: Other/See Remarks
  • Windows: Double Pane
Multi Family
Multi-Family Information
  • Number of Units: 85.0

Property History for 1600 Pine Creek Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1600 Pine Creek Road

This home is within Round Valley Joint Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Pine Street Elementary School
PublicK to 5

Round Valley Elementary School
PublicK to 5

Home Street Middle School
Public6 to 8

Bishop Union High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1600 Pine Creek Road is for sale in Bishop, CA 93514. This property was listed for sale on August 1, 2024 by Bishop Real Estate, Rasmuson & Associates, it's currently listed at $21,000,000. This listing's school districts are Round Valley Joint Elementary School District, Bishop Unified School District. Nearby schools include Pine Street Elementary School, Round Valley Elementary School and Home Street Middle School. 1600 Pine Creek Road is a 0-bed, 0-bath, .

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bishop Real Estate, Rasmuson & Associates, Jacob Rasmuson

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.