Massive Lodge in Mammoth Lakes Hits the Market for $16.4M

What do you get when you cross local artisans, mountain views, and a love of gambling? It sounds like a lame joke you’d overhear at a bar, but the answer is one of the most private homes in the Sierra Nevada.

Listed for $16.4 million, Victory Lodge in Mammoth Lakes, CA, stretches 16,400 square feet and boasts nine bedrooms and 9.5 bathrooms.

Pulling in to the circular drive, you’ll likely be in awe of the large, stone-covered entrance.

However, the real jaw-dropping moment happens when you step inside the great room. A soaring 30-foot ceiling and floor-to-ceiling windows surround an antler chandelier. And it’s not just any antler chandelier.

“It is the largest elk and deer horn chandelier ever constructed,” said listing agent Gwen Banta.

As with the great room, nature is a theme running throughout the rest of the home. The carved wood beams are the work of local craftsmen—but they weren’t easy.

“The construction of this house was such a feat, the main part of the construction itself took four years,” Banta said. The builder “tried to use as many local artisans as possible. All of the beams were split and hand-carved by local people.”

In addition to the nine bedrooms, the massive lodge also has plenty of entertainment and relaxation rooms. There is a spot for an indoor gym, sauna, and event room.

“The event room was originally used as a casino. The owner loved gambling and had several antique slot machines. There are still a few of the antique gaming equipment pieces in there as display,” says Banta.

The sale price includes furnishings, so those pieces of old Las Vegas could be yours.

Stepping onto the back deck is another moment worthy of pause.

The property sits on protected land just off Gull Lake. Beyond the lake you have views of the snow-capped Carson Peak. “You can even see the June Lake ski lift in the distance,” Banta said. And if that isn’t enough nature for you, Yosemite National Park is nearby.

It’s easy to see why the Sierra Nevada mountains are a sought-after spot, and Banta believes this lodge will appeal to a certain clientele.

“The ideal buyer is someone who wants a home for generations. It is the kind of house where—as extraordinary as it is—it is meant to be used. This is a comfortable house,” Banta says. Of course it wouldn’t hurt if the family also had a love for games of chance or an affection for antlers.

Published by Angela Colley on realtor.com.

Houston Architectural Wonder Lists for $6.99M

One of Texas’ most incredible mansions—a 12,957-square-foot modern palace complete with custom-designed pool and lazy river—has been listed for $6.998 million. This suburban Houston architectural wonder, owned by TAS Energy founder Tom Pierson, is a remarkable work of architecture, blending old-world style with modern amenities.

From realtor.com

There is almost nothing this Sugar Land, TX, estate doesn’t offer, located approximately 20 miles southwest of Houston.

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With five bedrooms and eight bathrooms, the mansion is situated on three-quarters of an acre in a suburban Houston cul-de-sac. The 2009 modern Mediterranean home incorporates exotic granite, imported stone and custom woodwork into a unique floor plan.

from realtor.com

from realtor.com

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from realtor.com

The rooms run the range of styles for each family member’s choice of activity: there is a utility room, a study, a media room and a family room. In addition, there are formal dining and living rooms and a breakfast room.

from realtor.com

from realtor.com

Another amazing feature is the game room, complete with all a game-room space should offer—but also including a modern rock climbing wall, just one more reason this Houston architectural wonder is so desirable.

from realtor.com

In addition, the cooling and circulation features are top-of-the-line as this is the owner’s line of work. The energy features include an attic fan, attic vents, ceiling fans, high-efficiency heating, ventilation and air conditioning system, low-energy windows and tankless on-demand water heater. The flooring is wood and stone throughout.

from realtor.com

Outside, the patio leads to a spa and unique, custom-designed pool—especially enticing for guests. The Sweetwater Country Club is adjacent to the property, as well, providing beautiful views of the golf course and its green fairways.

from realtor.com

from realtor.com

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Tom Pierson is founder and chief technology officer of TAS Energy, a green-energy company providing services and products to the renewable energy, power and cooling industries.

The listing agent is Aida Younis of RE/MAX Southwest.

This article was originally published by  on Realtor.com. To see the original article, click here.

NHL Great Claude Lemieux Sells Arizona Oasis

Chalk up a win in the real estate column for NHL legend Claude Lemieux.

from realtor.com

The retired hockey great has sold his trophy home in the Phoenix valley for $2.9 million. While that figure is south of the $3.5 million price tag Lemieux put on the home when it went on the market last March, it’s $800,000 more than what the former right winger for the Montreal Canadiens, New Jersey Devils and other teams was asking when he first listed the desert property in 2011.

from realtor.com

The home is located in Paradise Valley, AZ, roughly 30 miles east of where Lemieux played for the Phoenix Coyotes during the twilight of his career. With its standard Southwestern Tuscan-style design, the home has five bedrooms, six bathrooms and more than 7,300 square feet of living space.

from realtor.com

from realtor.com

from realtor.com

Inside, an open floor plan contains various luxury appointments and finishes, including wood-beamed ceilings, coffers, and custom built-ins and cabinetry. A chef’s kitchen has top-tier appliances, and a palatial master suite has a fireplace and spa-like bathroom with a large soaking tub.

from realtor.com

from realtor.com

Outside, the one-acre property has a covered patio, a pool and spa with a waterfall feature, and a detached guest house.

from realtor.com

from realtor.com

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Lemieux, 48, is an Olympic gold-medalist and one of four NHL players to hoist the Stanley Cup trophy with three different teams. He scored 379 goals and 407 assists over the course of a 21-season career with the Canadiens, Devils, Colorado Avalanche, Coyotes, Dallas Stars and the San Jose Sharks.

Sandra Baldwin of Russ Lyon Sotheby’s International Realty was the listing agent.

This article was originally published by Neal J. Leitereg on realtor.com. To see the original article and more photos, click here.

Have Your Own Indoor Rink in a Hockey Dream Home

Picture a hockey dream home. Let your mind wander while you envision passing the puck around on your own premises. Do you see a cozy and quaint home with a frozen pond out back? An old school split level with a basement big enough to set up a couple of nets? Or something like the full-on rink former NHL player Bill Guerin recently had built in his backyard?

If you dreamt big, perhaps you pictured something like the two amazing houses below. Each is currently for sale and they both come with their own indoor hockey rinks. You could practice your slap shot in your pajamas. Now that’s a dream come true.

First over the boards is a palatial estate we located in Orono, MN. Minnesota is a hockey hotbed in the U.S., and this house is enough to keep any puck-happy fan satisfied.

from realtor.com

from realtor.com

The 10,000 square foot home has a downstairs rink that’s 30 feet by 45 feet and boards primed for checking your buddies into. The composite surface won’t support your ice skates, but who’s going to quibble when you have your own personal indoor rink?

from realtor.com

from realtor.com

Listed at $4,495,000, the lakefront estate also comes with an indoor golf simulator, an outdoor chipping green for golfers, and swimming pool.

from realtor.com

from realtor.com

Headed east on our hockey home search, we spotted another candidate in North Andover, MA. With almost 10,000 square feet of living space spread over four levels, this enormous home was built with a huge hockey family in mind.

The Massachusetts mansion has a list price of $2,650,000 and its indoor mini rink measures 24 feet by 32 feet and is also made from composite. Once you’re done putting the biscuit in the basket downstairs, you’re sure to enjoy retiring to the game room, which takes up the entire third floor of the home.

from realtor.com

from realtor.com

This article was originally published by Erik Gunter on realtor.com. To see the original article, click here.

Housing No-No’s Make 2014 Comeback

Home prices aren’t the only thing making a comeback. Take a look at some other trends gaining ground in housing.

From Zillow

From Zillow

McMansions

In 2007, the median size of a new home built for sale peaked at 2,295 square feet. It then fell to 2,159 square feet two years later, after the crash. As Americans downsized, many experts incorrectly predicted that smaller homes were here to stay. However, as our economy recovers and our collective equity continues to rise (up $1.9 trillion last year), our love affair with over-sized homes has been reignited. According to the National Association of Home Builders, in 2012, new homes grew again, with a median size of 2,384 square feet. Also in 2012, 41 percent of new homes had four or more bedrooms, up from 34 percent three years earlier.

Luxury buyers

While the lower-end of the market may be stalling as first-time buyers struggle to come up with down payments and meet strict loan qualifications, luxury buyers — with secure jobs, steady income and money to burn — are back, and they’re flocking to real estate. In fact, applications for home loans of $625,000 to $729,000 were up a whopping 57 percent from August 2012 to August 2013; applications for more than $729,000 were up 41 percent.

Interest-only loans

The reason interest-only loans contributed to the mortgage meltdown and that lenders then stopped offering them was because they were marketed to the masses. What a rude awakening when borrowers couldn’t — or wouldn’t — pay them down over the long-term. Fast forward to today: banks are offering interest-only loans, but only to their well-heeled customers – those with strong income, assets and a history of managing their money effectively. After all, since these loans do not meet the new Qualified Mortgage guidelines, lenders making loans outside these guidelines have less protection against future legal challenges if the borrower fails.

5/5s

While the 5/5 jumbo has been around for a while, it hasn’t been popular in years.  Why is it back on the radar now? This loan – which has a fixed interest rate that only adjusts once every five years – is today being touted as a product that takes the worry out of annual adjustments, saves you money, and provides peace of mind that payments are stable for a much longer period of time.

This article was originally published by Vera Gibbons on Zillow Blog. See the original article here