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22849 Juniper Lane, Crestline, California 92325, Crestline, 92325 - 5 bed, 4 bath

22849 Juniper Lane, Crestline, California 92325 home-pic-0
ACTIVE$555,900
22849 Juniper Lane, Crestline, California 92325
5Beds
4Baths
1,975Sqft
5,000Lot

Price Vs. Estimate

The estimated value ($525,965.355) is $29,934.645 (5%) lower than the list price ($555,900). This property may be overpriced.

Key pros and cons

Top Pros:
Multi-Unit Income Potential: The property is uniquely configured into three separate, turnkey units, offering significant income-generating potential through long-term rentals or short-term vacation (AirBNB) opportunities.
Top Cons:
Age of Construction: Built in 1938, the property is an older home which may entail ongoing maintenance typical of historic structures.

Compared to the nearby listings

Price:$555.9K vs avg $350.0K (+$205,900)91%
Size:1,975 sqft vs avg 1,375 sqft84%
Price/sqft:$281 vs avg $26659%

More Insights

Built in 1938 (87 years old).
Condition: Built in 1938, this property has undergone significant and recent interior renovations, making all three units 'turnkey' and move-in ready. The images show modern grey-toned laminate flooring, freshly painted walls, updated light fixtures, and contemporary bathrooms with new vanities, tiling, and fixtures. The description also notes a new roof on the back unit. While the interior finishes are of high quality and appear very recent, the property's age and some exterior elements prevent it from meeting the 'virtually new' standard for all components required for an 'Excellent' rating. It fits the 'Good' criteria of being extensively renovated within the last 5-15 years, with well-maintained systems and minimal wear and tear.
Year Built
1938
Close
-
List price
$556K
Original List price
$585K
Price/Sqft
$281
HOA
-
Days on market
-
Sold On
-
MLS number
CV24113966
Home ConditionGood
Features
Good View: Neighborhood, Trees/Woods
Deck
Patio
ViewNeighborhood, Trees/Woods

About this home

Huge Price Reduction!!! Awesome Opportunity to owned this beautiful Home in Crestline, Take a look at this beautiful property, It is ready for the new owner. This property is a large Home that has been split into three units. All the 3 units are Turnkey, Ready to own them and move in. Live in One Unit and Rent the other two. The Back unit has new roof. The front unit it is 2 bedrooms and 1 Bath. There is a studio in the front unit in the upper level with a kitchenette, and the Third unit is on the back and it has 2 bedrooms and 2 baths. All 3 units have their own separate entrance. This property has so much potential, live in one unit and rent the two others or start your AirBNB short term Vacation Business to help you with your mortgage. Property is centrally located near to the post office and Gregory lake is only 5 min drive. Come to see this amazing property before it is gone.

Nearby schools

3/10
Valley Of Enchantment Elementary School
Public,•K-5•0.2mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•5.5mi
/10
Rim Virtual
Public,•K-8•5.6mi
6/10
Rim Of The World Senior High School
Public,•9-12•5.6mi
Condition Rating
Good
Built in 1938, this property has undergone significant and recent interior renovations, making all three units 'turnkey' and move-in ready. The images show modern grey-toned laminate flooring, freshly painted walls, updated light fixtures, and contemporary bathrooms with new vanities, tiling, and fixtures. The description also notes a new roof on the back unit. While the interior finishes are of high quality and appear very recent, the property's age and some exterior elements prevent it from meeting the 'virtually new' standard for all components required for an 'Excellent' rating. It fits the 'Good' criteria of being extensively renovated within the last 5-15 years, with well-maintained systems and minimal wear and tear.
Pros & Cons

Pros

Multi-Unit Income Potential: The property is uniquely configured into three separate, turnkey units, offering significant income-generating potential through long-term rentals or short-term vacation (AirBNB) opportunities.
Turnkey Condition: All three units are described as 'turnkey,' indicating they are ready for immediate occupancy or rental without requiring extensive initial renovations.
Strategic Location: Centrally located near the post office and just a 5-minute drive from Lake Gregory, enhancing its appeal for both residents and vacation renters.
Recent Price Adjustment: A 'huge price reduction' from the original list price makes this an attractive opportunity for buyers seeking value.
Natural Views: The property offers pleasant 'Neighborhood, Trees/Woods' views, contributing to a serene living environment.

Cons

Age of Construction: Built in 1938, the property is an older home which may entail ongoing maintenance typical of historic structures.
Potential for Complex Management/Maintenance: Operating as a three-unit property, it may require more complex management and potentially higher overall maintenance demands compared to a single-family residence.
Listing Price Above Estimated Value: The current listing price is 5% above the estimated property value, which could be a point of negotiation for potential buyers.

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