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22864 Alder Lane, Crestline, California 92325, Crestline, 92325 - 2 bed, 2 bath

22864 Alder Lane, Crestline, California 92325 home-pic-0
ACTIVE$325,000
22864 Alder Lane, Crestline, California 92325
2Beds
2Baths
972Sqft
5,000Lot

Price Vs. Estimate

The estimated value ($302,875.535) is $22,124.465 (6%) lower than the list price ($325,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Financing Opportunity: The property offers a rare chance to assume a VA loan with a remarkably low 2.49% interest rate, providing significant savings in the current market.
Top Cons:
Age of Property: Built in 1940, the property is over 80 years old, which may imply older systems, potential for deferred maintenance, or the need for significant updates.

Compared to the nearby listings

Price:$325.0K vs avg $347.0K ($-22,000)42%
Size:972 sqft vs avg 1,364 sqft28%
Price/sqft:$334 vs avg $26685%

More Insights

Built in 1940 (85 years old).
Condition: Built in 1940, this mountain cabin is well-maintained and move-in ready, but its interior, particularly the kitchen with its light wood cabinets and laminate countertops, shows signs of being outdated, likely from renovations 15-30 years ago. While functional and clean, it would benefit from cosmetic updates to align with current styles. The split AC system is a positive modern addition, but the overall aesthetic and age of the core structure place it in the 'Fair' category, indicating it's aged but maintained, with functional components that show signs of being outdated.
Year Built
1940
Close
-
List price
$325K
Original List price
$327K
Price/Sqft
$334
HOA
-
Days on market
-
Sold On
-
MLS number
IG25112651
Home ConditionFair
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

PRICE REDUCTION!! A Smart Start for First-Time Buyers! Take advantage of an incredible chance to assume a VA loan with a low 2.49% interest rate—a huge savings in today’s market! This cozy mountain cabin sits on a desirable corner lot surrounded by peaceful woods, offering a perfect mix of comfort, charm, and potential. With plenty of parking in the front and along the side, there’s even room for RV parking or add an accessory dwelling unit (ADU). Step inside to a warm and welcoming family room with a fireplace, perfect for relaxing nights in. The kitchen and dining area feature a split AC system for staying cool in the summer, along with plenty of cabinet space for storage. A spacious deck extends your living area into the great outdoors, ideal for weekend get-togethers or quiet mornings with a cup of coffee. Upstairs 2ND BEDROOM, is a flexible loft space can be used as a second bedroom guest area, or office. Downstairs, you’ll find a large workshop and a separate storage room—great for DIY projects or organizing your gear. This is your chance to step into homeownership with a unique financing advantage and a place to call your own. Don’t miss it!

Nearby schools

3/10
Valley Of Enchantment Elementary School
Public,•K-5•0.2mi
5/10
Mary P. Henck Intermediate School
Public,•6-8•5.4mi
/10
Rim Virtual
Public,•K-8•5.6mi
6/10
Rim Of The World Senior High School
Public,•9-12•5.6mi
Condition Rating
Fair
Built in 1940, this mountain cabin is well-maintained and move-in ready, but its interior, particularly the kitchen with its light wood cabinets and laminate countertops, shows signs of being outdated, likely from renovations 15-30 years ago. While functional and clean, it would benefit from cosmetic updates to align with current styles. The split AC system is a positive modern addition, but the overall aesthetic and age of the core structure place it in the 'Fair' category, indicating it's aged but maintained, with functional components that show signs of being outdated.
Pros & Cons

Pros

Exceptional Financing Opportunity: The property offers a rare chance to assume a VA loan with a remarkably low 2.49% interest rate, providing significant savings in the current market.
Desirable Mountain Setting & Lot: Situated on a desirable corner lot amidst peaceful woods, this cozy mountain cabin offers charm, comfort, and a serene natural environment.
Versatile Outdoor Space & ADU Potential: Ample parking, including RV space, and the potential to add an Accessory Dwelling Unit (ADU) significantly enhance the property's utility and future value.
Functional Interior & Outdoor Living: Features a welcoming family room with a fireplace, a kitchen/dining area with split AC, and a spacious deck perfect for entertaining and enjoying the outdoors.
Bonus Utility & Flexible Space: Includes a flexible loft space usable as a second bedroom or office, along with a large workshop and separate storage room, adding practical value.

Cons

Age of Property: Built in 1940, the property is over 80 years old, which may imply older systems, potential for deferred maintenance, or the need for significant updates.
Limited Primary Living Space: At 972 sqft with a flexible loft as the second bedroom, the overall living space and bedroom configuration might be considered small or less private for some buyers.
Partial Cooling System: The split AC system is only mentioned for the kitchen and dining area, suggesting other parts of the home, particularly the loft, may lack adequate cooling during warmer periods.

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