
Crestline, California 92325
This Mountain Value-Add Property is listed at $329,900—positioned below the $332,703 Fair Market Value by 1%. This valuation gap provides $2,803 in Instant Equity. The asset holds a Condition Rating of 4, offering significant forced appreciation potential through cosmetic modernization of the 1,353 sq ft interior. Featuring a massive 11,148 sq ft lot with a natural creek and mountain views, the property includes a new $18,000 driveway and a developable basement. Located in the Rim of the World district, this is a high-potential acquisition for Buy-and-Hold Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23328 Brookside Rd Road Subject | $329,900* List Price | 2 | 2 | 1,353 | $246 | - |
A 486 Thousand Pines Road Sold | $280,000 | 2 | 1 | 1,392 | $201 | 1.0 mi |
B 863 Big Oak Road Sold | $300,000 | 3 | 3 | 1,352 | $222 | 0.7 mi |
C 23352 Outlook Lane Sold | $358,000 | 3 | 2 | 1,542 | $232 | 0.2 mi |
D 264 Forest Circle Sold | $368,000 | 3 | 2 | 1,472 | $250 | 0.7 mi |
E 532 Sunset Active | $389,888 List Price | 3 | 2 | 1,340 | $291 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, the property is aged but appears to have been maintained through regular upkeep. The interior features outdated elements such as popcorn ceilings, older carpeting, and wall-mounted heating units. While the exterior has received some recent upgrades like a new concrete driveway, the overall interior condition requires cosmetic updates and modernization to meet current quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11148, living area = 1353.
Positioned as the most competitively priced home within a five-mile radius over the past year, this property offers a rare entry-level opportunity for a 1,300+ square foot residence on a substantial lot.
With a large developable basement, a versatile bonus room, and a quarter-acre lot featuring a natural creek, the property is perfectly suited for value-add improvements or high-yield short-term rental use.
The home's location immediately adjacent to Highway 138 may result in significant traffic noise, potentially impacting the tranquility typically sought in a mountain retreat.
Built in 1960, the property likely requires updates to its original systems and finishes to meet modern efficiency standards and aesthetic preferences.
Welcome to the best priced home for sale in a 5 mile radius in the last year! This home is at an incredible price and has so much to offer. Boasting over a quarter of an acre lot and over 1,300 squ/ft of living space, this home has great rental income potential or great for Air B&B income. If looking as a primary residence, this home has everything you need: Huge lot with it's own little water creek, 2 Beds and 2Baths but with an extra bonus room/den as well that can be an extra bedroom, huge basement that can be developed, and lots more! It also includes a detached small garage and a storage room on the right side of the home. Driveway is huge for up to 3-4 cars and the concrete was recently replaced and improved for over $18K. Popular designation spots such as Lake Arrowhead and Lake Arrowhead Village are only 15 minutes away and the home is conveniently located right next to the 138 HWY. Restaurants and convenient stores are right next door too! Come take a look at it today (Se habla Español)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,353 | 1,368 | 48% |
| Lot Size | 11,148 | 6,750 | 80% |
| Price | $329.9K | $360.0K | 37% |
| Price per sq ft | $244 | $267 | 39% |
| Built year | 1960 | 1964 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 210 | 1% |
Mar 25, 2026
$329,900
Initial Listing
May 26, 2017
$206,000
Public Record
Mar 12, 1999
$110,000
Public Record