Rainbow Villas Condos for sale in Mammoth Lakes

Low-Density Townhomes Near Canyon Lodge

Rainbow Villas is a small townhome-style condominium community located in the desirable Mammoth Slopes neighborhood of Mammoth Lakes, California. Situated near Canyon Lodge and the historic Austriahof Restaurant, the community enjoys convenient walk-to-ski access to Mammoth Mountain while maintaining a quieter residential atmosphere. Its location places residents close to some of the area’s most popular skiing, snowboarding, hiking, mountain biking, and year-round outdoor recreation opportunities.

The development consists of larger 2-bedroom plus loft, 3-bathroom townhome-style residences with approximately 1,400 to 1,583 square feet of living space. These spacious homes feature generous living areas, high ceilings, dual master suites, private decks, and comfortable layouts that appeal to a variety of ownership needs, from full-time residency to vacation home use. Open parking is available throughout the community, providing convenient access for both owners and guests.

One of the defining characteristics of Rainbow Villas is its low-density design with only five units, which creates a greater sense of privacy and separation compared to many larger condominium developments in Mammoth Lakes. With its combination of spacious residences, proximity to Canyon Lodge, and peaceful mountain setting, Rainbow Villas remains a desirable option for full-time residents, second-home owners, and buyers seeking convenient access to Mammoth Mountain and the surrounding recreation areas.

Features & Highlights:

• Year Built: 1980
• Total Units: 5
• Condition: Average
• Location: Good
• Views: Partial Mountain, Common Area
• Amenities: Spa
• Parking: Open Parking