
Crestline, California 92325
This property presents a High-Potential Investment Opportunity with a List Price of $289,900—positioned well below the $295,044 Fair Market Value by 2%. This valuation gap offers $5,144 in Instant Equity. With a Condition Rating of 5, the home requires significant renovation, yet the detached garage with a studio apartment provides immediate rental income potential. Featuring two exterior decks and a large 9,213 sq. ft. lot, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Property is extensive renovation needed.
Built in 1930 with no evidence of recent renovations. The exterior shows a boarded-up window and significant weathering, suggesting neglect. Furthermore, the current list price is nearly $80,000 lower than its 2016 sale price, which strongly indicates substantial deferred maintenance, potential safety/structural defects, and the need for a complete rehab of systems, kitchen, and baths.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9213, living area = 1969.
The property includes a detached two-car garage with a studio apartment above, featuring its own kitchenette, bathroom, and laundry closet, perfect for rental income or a guest suite.
Spanning nearly 2,000 square feet, the tri-level layout offers a separate office, a loft, and two exterior decks, providing excellent functional flexibility for remote work and outdoor enjoyment.
Originally built in 1930, the property likely requires modernization of its aging systems and structural elements to meet contemporary building standards.
The tri-level design combined with a loft and downstairs bedroom creates a layout with multiple staircases, which may be less desirable for buyers seeking accessibility.
Tri-level home with 3 bedrooms and 2 bathrooms. Interior has a separate living room and den with a wood stove. 2 exterior decks. One from the den area with exterior access and the other is off the Primary bedroom. Down stairs is the indoor laundry area, bedroom 2 and separate office space. Upstairs is bedroom 3 and a loft over looking the living room. There is attic access for storage. Exterior parking is available on this 9,213 sq. foot lot. A 2 car detached garage. Above the garage is a Studio with a living room. Kitchenette and bathroom with a shower and laundry closet.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 5.9 mi
Grades K-8 • 5.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,969 | 1,278.077 |
| Lot Size | 9,213 | 6,910.923 |
| Price | $289.9K | $363.9K |
| Price per sq ft | $147 | $276 |
| Built year | 1930 | 1964 |
| HOA | $0 | $250 |
| Days on market | 11 | 72 |
Aug 29, 2026
$289,900
Initial Listing
Mar 2, 2016
$370,000
Public Record
Aug 6, 2007
$415,000
Public Record