1023 Mercury, Crestline, California 92325, Crestline, 92325 - 2 bed, 1 bath
Loading property details...
Crestline, California 92325
This Mountain Value-Add Asset is listed at $219,900, currently positioned above the $175,931 Fair Market Value. Despite the valuation gap, the property offers significant forced appreciation potential through a comprehensive renovation within the Rim of the World district. Holding a Condition Rating of 5, the home requires extensive TLC and is restricted to cash or hard money acquisitions. Key structural assets include an oversized garage, open beamed ceilings, a rock fireplace, and a forested deck view. This project represents a strategic acquisition for Fix-and-Flip Investors or Contractors looking to build equity in a high-demand mountain setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1023 Mercury Subject | $219,900* List Price | 2 | 1 | 816 | $216 | - |
A 23312 Seeley Way Sold | $250,000 | 2 | 1 | 832 | $300 | 0.8 mi |
B 23690 Hillside Drive Sold | $269,900 | 2 | 2 | 876 | $308 | 0.7 mi |
C 23996 Wildwood Ln Sold | $260,000 | 2 | 1 | 920 | $283 | 0.5 mi |
D 23874 Zuger Drive Sold | $270,000 | 3 | 2 | 1,100 | $245 | 0.7 mi |
E 23718 Scenic Active | $273,000 List Price | 1 | 1 | 878 | $311 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970, this property is explicitly marketed as a fixer-upper that requires significant TLC and does not qualify for conventional financing. The kitchen and bathroom feature highly outdated tile countertops, original cabinetry, and aged fixtures. The exterior siding and support structures show signs of wear and deferred maintenance, indicating the need for substantial repairs and modernization.
The property features an oversized garage and extensive parking capacity, which is a rare and highly valuable asset for mountain homes in the Crestline area.
Boasting open beamed ceilings, a classic rock fireplace, and a large wall of windows, the home offers a desirable mountain aesthetic with immersive forest views.
Priced as a fixer-upper with a functional open floorplan, this property presents a significant opportunity for investors to add value and build equity.
The home's current condition prevents it from qualifying for FHA, VA, or conventional financing, restricting the buyer pool to cash or hard money investors.
Sold in as-is condition and requiring 'lots of TLC,' the property demands a substantial commitment of time and capital for necessary renovations.
Charming mountain fixer home with great upside potential! Features an oversized garage and tons of parking! Great open floorplan with open beamed ceilings, cozy rock fireplace and generous wall of windows facing out to a lush forested setting. Nice sense of privacy and feeling of being in the woods/forest. Home is somewhat split level with kitchen living room bathroom area and then stairs up to two bedrooms plus a tiny kids sleeping loft. Owner prefers cash or hard money offers and no repairs will be made by the owner. Home is in need of lots of TLC and won't go FHA/VA or Conventional financing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 32% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 816 | 1,372 | 7% |
| Lot Size | 6,200 | 6,725 | 43% |
| Price | $219.9K | $362.5K | 5% |
| Price per sq ft | $269 | $267 | 51% |
| Built year | 1970 | 1965 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 210 | 1% |
Apr 1, 2026
$219,900
Initial Listing