
Crestline, California 92325
This property presents a High-Potential Investment Opportunity with a List Price of $418,000—positioned well above the $390,140 Fair Market Value by 7%. While the property requires a full rehab to address its Poor Condition Rating, the 7,530 sqft lot and versatile 4-bedroom layout offer significant value-add potential. Featuring a private concrete driveway, upper-level deck, and lower-level den, this asset is well-suited for Fix-and-Flip Investors or Contractors capable of modernizing the interior to capture the demand for mountain retreats near Lake Gregory.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1163 Jungfrau Subject | $418,000* List Price | 4 | 3 | 1,817 | $215 | - |
A 24738 Nestal Court Sold | $335,000 | 3 | 2 | 1,482 | $226 | 0.2 mi |
B 595 Arbula Sold | $405,000 | 3 | 3 | 1,692 | $239 | 0.7 mi |
C 695 Arth Drive Sold | $350,000 | 3 | 2 | 1,320 | $265 | 0.7 mi |
D 402 Delle Drive Sold | $325,000 | 3 | 3 | 1,798 | $181 | 0.9 mi |
E 993 Mercury Way Sold | $327,000 | 2 | 2 | 1,290 | $253 | 1.0 mi |
F 1039 Lausanne Active | $350,000 List Price | 3 | 3 | 1,870 | $187 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is nearly 50 years old (built 1977) and appears to be in mostly original condition with wood paneling, popcorn ceilings, and dated linoleum flooring. Following the criteria for homes over 30 years old that require a full rehab of the kitchen and bathrooms to meet modern standards, this listing is classified as poor.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7530, living area = 1817.
The 1,817 sqft layout features a finished lower-level den with a private bedroom and bathroom, offering excellent privacy for guests or potential for multi-generational living.
Situated just five minutes from Lake Gregory, local shopping, and dining, this property provides convenient access to the best amenities Crestline has to offer.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The assigned elementary school, Valley Of Enchantment, currently holds a lower rating (3/10), which may be a consideration for families prioritizing top-tier educational districts.
Built in 1977, the property may require modern aesthetic updates or infrastructure maintenance typical of homes from this period to meet contemporary buyer preferences.
Welcome to this serene & very spacious lake house cabin located in the heart of Crestline! This 2 level home features a total of 4 bedrooms and 3 bathrooms. Upon entering, you are welcomed into the living room with beamed vaulted ceilings and a beautiful wood burning fireplace to stay cozy on those snowy days. On the main level, the primary bedroom offers it's own bathroom with a walk-in shower and plenty of closet space. Each of the additional bedrooms offer ample room and large windows with plenty of natural light. The laundry room is conveniently located right off of the main hallway and features a door to the upper level deck. In the kitchen you will find plenty of cabinet space in addition to a large pantry. Counter top dining will certainly be enjoyable with all of the natural light that flows in from the kitchen window in addition to an adjacent dedicated dining space. Be ready to enjoy morning coffee and weekend BBQ's on the upper level deck amid the beautiful pine trees and fresh air. Follow the steps downstairs to the finished den where you can create the perfect space to gather & relax with family & friends. The lower level bedroom and bathroom offers convenience and privacy for your guests . A stained glass door leads to the the backyard and patio for day or evening relaxation. The private concrete driveway welcomes you home and provides ample off-street parking for you and your guests. Located just 5 minutes from Lake Gregory, shopping, and restaurants, this mountain retreat is a true gem!
No exterior & parking available.
Grades K-5 • 2.5 mi
Grades K-8 • 3.6 mi
Grades 6-8 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,817 | 1,278.077 |
| Lot Size | 7,530 | 6,910.923 |
| Price | $418.0K | $363.9K |
| Price per sq ft | $230 | $276 |
| Built year | 1977 | 1964 |
| HOA | $0 | $250 |
| Days on market | 15 | 72 |
Aug 25, 2026
$418,000
Initial Listing