Brand-new 2024 five-unit multifamily property in the heart of $2,888,000

Lake Home For Sale near Gull Lake

Brand-new 2024 five-unit multifamily property in the heart of June Lake. The Acorns features five identical 2BR + Loft / 1.5BA cabins, each approx. 1,050 sq.ft., offering modern design, high ceilings, open living spaces, and abundant natural light. All units were built new in 2024 and are fully leased, providing immediate, stabilized income with minimal maintenance requirements.

Each cabin includes a modern kitchen with stainless appliances, stone counters, pellet fireplace (plus electric heat), in-unit washer/dryer, private deck, and two dedicated parking spaces. Efficient construction throughout--dual-glazed windows, R-45 insulation, durable all-weather subfloors, Hardie siding, steel roofing, fire sprinkler systems, and a commercial-grade steel and concrete foundation--supports long-term reliability and low operating costs.

Five identical floorplans: 2 bedrooms on the main level plus a versatile loft that functions as an additional sleeping area, workspace, or flex room.

Situated only minutes from June Lake, Gull Lake, June Mountain Ski Area, and June Lake Village, the property benefits from consistent year-round rental demand. This property is not zoned for short-term rentals, making it ideal as long-term housing, workforce housing, or a stable cash-flow investment.

Condo map engineering is complete and awaiting county and state approvals, creating optionality for future individual unit sales (not guaranteed, buyer to verify).

A rare opportunity to own the only newly built, purpose-constructed multifamily asset of its kind in June Lake, located in a supply-constrained market with minimal new construction and strong long-term fundamentals.