
Cedarpines Park, California 92322
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $329,000—positioned well below the $283,355 Fair Market Value by -16%. While the list price exceeds the current valuation, the property’s Condition Rating of 4 and recent capital improvements, including a newer roof and flooring, provide immediate stability. The expansive 8,800 sqft lot offers significant utility for future expansion. This asset is well-suited for Buy-and-Hold Investors or first-time buyers seeking a functional mountain retreat with long-term appreciation potential.
Property is moderate renovation needed.
Built in 1940, this home is functional and features recent cosmetic updates like newer laminate flooring and a newer roof. However, the property remains dated with older ceiling tiles, original-style built-ins, and aged windows, suggesting that while move-in ready, the primary systems and kitchen/bath aesthetics likely exceed the 20-year threshold for modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8800, living area = 1057.
The property features a newer roof and updated flooring, providing immediate move-in appeal and reducing the need for significant near-term maintenance expenditures.
Situated near Lake Gregory and downtown Crestline, the home offers a quiet retreat with easy access to year-round recreational activities and multiple commuting routes to San Bernardino and Big Bear.
Originally built in 1940, the home may possess older infrastructure or systems that require ongoing attention compared to more modern mountain builds.
With approximately 1,057 square feet of living space, the interior footprint may be restrictive for larger families or those requiring significant additional storage.
Mountain Living Made Easy! Welcome to 22228 Forest Drive in Cedar Pines Park, a charming mountain retreat offering comfort, convenience, and exceptional value. Situated on a spacious lot along a quiet street, this well-maintained home is just minutes from the shops, restaurants, and year-round activities of downtown Crestline, as well as beautiful Lake Gregory. Featuring 2 spacious bedrooms and 2 full bathrooms, this inviting home offers a functional layout complete with a dedicated laundry area, comfortable living spaces, and a welcoming kitchen. Recent improvements include a newer roof and updated flooring, providing peace of mind and move-in-ready appeal. Whether you’re searching for a full-time residence, weekend getaway, vacation home, or investment opportunity, this property offers flexibility to fit a variety of lifestyles. Enjoy convenient access to the mountains from multiple routes, including San Bernardino, Silverwood Lake, and Big Bear, making travel to and from the property easy year-round. Experience the beauty of mountain living without sacrificing accessibility. Surrounded by nature yet close to everyday conveniences, this home is an excellent opportunity for first-time buyers, mountain commuters, retirees, or anyone looking to escape the city and enjoy a more relaxed pace of life. Affordably priced and packed with potential, this mountain gem is ready for its next chapter. Don’t miss your opportunity to own a piece of the San Bernardino Mountains at an incredible value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 1,057 | 665 |
| Lot Size | 8,800 | 5,470 |
| Price | $329.0K | $296.6K |
| Price per sq ft | $311 | $256 |
| Built year | 1940 | 1934 |
| HOA | $0 | $0 |
| Days on market | 42 | 164 |
Jun 10, 2026
$329,000
Initial Listing
May 29, 2025
$299,000
Public Record
Jul 12, 2021
$259,000
Public Record
Mar 11, 2014
$104,000
Public Record