22951 Redwood, Crestline, California 92325, Crestline, 92325 - 2 bed, 1 bath
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Crestline, California 92325
This Renovated Mountain Retreat is a Strong Value Opportunity, listed at $255,000—positioned well below the $272,456 Fair Market Value by 6%. This valuation gap offers $17,456 in Instant Equity for the buyer. Featuring a Mint Condition Rating with modern kitchen updates, double-pane windows, and a scenic Trees/Woods View, this home is move-in ready. Located near Lake Gregory and the Valley of Enchantment Elementary School, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey mountain lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22951 Redwood Subject | $255,000* List Price | 2 | 1 | 832 | $327 | - |
A 757 N Village Lane N Sold | $287,000 | 2 | 1 | 1,090 | $263 | 0.6 mi |
B 22864 Alder Active | $319,000 List Price | 2 | 2 | 972 | $328 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1926, the property has undergone a comprehensive recent renovation (likely <5 years) featuring an updated kitchen, recessed LED lighting, double-pane windows, and new laminate hardwood flooring. The interior and exterior finishes are described as newer, indicating mint condition with no immediate maintenance needed.
The property features comprehensive updates including a remodeled kitchen, recessed LED lighting, double-pane windows, and laminated hardwood flooring, offering a move-in-ready experience with contemporary finishes.
Situated just five minutes from Lake Gregory and local parks, the home provides exceptional access to hiking, water sports, and mountain dining, making it an ideal vacation retreat or primary residence.
Listed at $255,000, the property is priced significantly below its previous sale price of $313,000 from earlier this year, representing a substantial equity opportunity for the incoming buyer.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
At only 832 square feet with a single bathroom, the home's compact footprint may be restrictive for families or those requiring additional space for guests or a home office.
Despite modern cosmetic renovations, the 1926 construction date suggests potential long-term maintenance needs associated with aging structural or utility systems common in historic mountain cabins.
Nestled in the Valley of Enchantment, this beautifully renovated 2-bedroom, 1-bathroom home perfectly blends modern comfort with rustic charm. The inviting interior features abundant natural light, recessed LED lighting throughout, and newer interior and exterior finishes, updated kitchen, convenient laundry hookups have been thoughtfully integrated into the bathroom space. Additional upgrades include double-pane windows and laminated hardwood flooring throughout the home. Ideally located just five minutes from local attractions, public parks, and the peaceful shores of Lake Gregory, this property offers endless opportunities for recreation, including hiking, water sports, dining, and entertainment. The property also includes two conveniently assigned parking spaces.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 5.3 mi
Grades K-8 • 5.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 36% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 832 | 1,343 | 9% |
| Lot Size | 5,250 | 6,920 | 28% |
| Price | $255.0K | $360.0K | 8% |
| Price per sq ft | $306 | $282 | 62% |
| Built year | 1926 | 1964 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 179 | 2% |
May 11, 2026
$255,000
Initial Listing
Feb 12, 2024
$313,000
Public Record
Sep 22, 2023
$225,000
Public Record
Aug 17, 2018
$234,000
Public Record
Aug 31, 2017
$85,000
Public Record