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.
For sale
$15,000,000
1600 Pine Creek Rd #0, Bishop, CA 93514
--beds
--baths
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 326 days
- on Zillow |
- 582 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: January 21, 2025 at 04:31pm
Listed by:
Jacob Rasmuson 619-971-0544,
Bishop Real Estate, Rasmuson & Associates
Source: MLBOR,MLS#: 240516

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Heating
- Wall Furnace
Appliances
- Included: Refrigerator, Elec. Range/Oven, Propane Water Heater
- Laundry: Other/See Remarks
Features
- Flooring: Carpet
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
Property
Parking
- Parking features: No Garage
Features
- Stories: 1
Lot
- Features: Trees
Details
- Parcel number: 00912027
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Wood Siding
- Roof: Composition
Condition
- New construction: No
Utilities & green energy
- Gas: Propane
- Sewer: Other/See Remarks
- Water: Well Community
Community & HOA
Community
- Subdivision: Round Valley
Location
- Region: Bishop
Financial & listing details
- Date on market: 8/5/2024
- Road surface type: Paved
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