
Crestline, California 92325
This Renovated Mountain Retreat is a Prime Investment Opportunity listed at $439,900—positioned well below the $451,295 Fair Market Value by 2%. This valuation gap provides $11,395 in Instant Equity. Boasting an Excellent Condition Rating, the home features a remodeled open-concept kitchen, redwood decks, and panoramic mountain views. The flexible four-bedroom layout near Lake Gregory offers high rental demand. Served by the Rim of the World district, this turnkey asset is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1044 Nesthorn Drive Subject | $439,900* List Price | 4 | 3 | 1,410 | $312 | - |
A 24646 Lake Gregory Sold | $415,000 | 4 | 2 | 1,530 | $271 | 0.1 mi |
B 646 Arth Drive Sold | $360,000 | 3 | 2 | 1,096 | $328 | 0.5 mi |
C 24154 Bernard Sold | $369,405 | 3 | 3 | 1,596 | $231 | 0.8 mi |
D 24085 Alpine Sold | $358,200 | 2 | 2 | 1,110 | $323 | 0.9 mi |
E 24722 Bernard Drive Active | $415,000 List Price | 4 | 3 | 1,632 | $254 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1970, the property has undergone extensive recent renovations that align with current market standards. The home features a fully remodeled open-concept kitchen with modern cabinetry and stainless steel appliances, updated bathrooms with contemporary tile work and glass shower enclosures, and new flooring and lighting fixtures throughout. Significant exterior upgrades, including a composite roof and redwood decks, further justify the excellent condition rating as there is no apparent deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7342, living area = 1410.
The home features a remodeled kitchen and an open-concept floor plan with updated flooring and lighting, offering a contemporary aesthetic that is rare for its era.
Significant investments in a composite roof and redwood decks provide long-term durability and premium outdoor spaces to enjoy the surrounding mountain views.
Accommodating four bedrooms within 1,410 square feet may result in smaller individual bedroom dimensions and limited storage space compared to typical four-bedroom residences.
The assigned elementary school carries a lower performance rating (3/10), which may impact the property's appeal to families with young children and affect long-term appreciation.
Charming mountain retreat located near Lake Gregory offering the perfect opportunity for full-time living, weekend escapes, or investment potential. This well-maintained home features a functional and inviting layout with two bedrooms conveniently located on the main level (of which one bedroom currently used as a gym) and two additional bedrooms upstairs, providing flexibility for guests, family living, or workspace options. The home showcases thoughtful updates, remodeled kitchen designed with a more open-concept floor plan that enhances flow and connection between living spaces—perfect for entertaining or enjoying everyday mountain living. Enhanced improvements through the years include updated flooring throughout, upgraded lighting fixtures, ceiling fans, refreshed interior finishes, and improved bathroom features with modern tile work, updated fixtures, and stylish glass shower enclosures. The property also features sliding glass doors and window coverings that enhance natural light and energy efficiency. Exterior upgrades include durable composite roofing and spacious redwood decks positioned to enjoy the surrounding mountain setting and outdoor lifestyle. Additional enhancements include upgraded plumbing fixtures, low-flow toilets, and freeze-resistant outdoor spigots for seasonal durability. Conveniently located near local recreation, dining, and year-round outdoor activities, this property offers a wonderful opportunity to enjoy mountain living at its best.
No exterior & parking available.
Grades K-5 • 2.6 mi
Grades K-8 • 3.3 mi
Grades 6-8 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 79% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 1,410 | 1,376 | 52% |
| Lot Size | 7,342 | 6,750 | 55% |
| Price | $439.9K | $365.0K | 68% |
| Price per sq ft | $312 | $268 | 69% |
| Built year | 1970 | 1965 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 210 | 9% |
Feb 13, 2026
$439,900
Initial Listing
Jul 10, 2020
$334,000
Public Record
Nov 1, 2019
$335,000
Public Record