23348 Outlook, Crestline, California 92325, Crestline, 92325 - 2 bed, 2 bath

23348 Outlook, Crestline, California 92325 home-pic-0
ACTIVE UNDER CONTRACT$460,000$1,238/sqft
Est. Value: $434,207
-5%
AboveEstimate
23348 Outlook, Crestline, California 92325
2Beds
2Baths
1,238Sqft
6,510Lot

Price Vs. Estimate

The estimated value ($434,206.875) is $25,793.125 (5%) lower than the list price ($460,000). This property may be overpriced.

Key pros and cons

Top Pros:
Proven Income-Generating Short-Term Rental: The property boasts a successful three-year history as a short-term rental, ranking in the top 5% of Airbnb Guest Favorites with 123 five-star reviews and generating over $32,000 in annual revenue.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1238, other record living area = 930.

Compared to the nearby listings

Price:$460.0K vs avg $350.0K (+$110,000)84%
Size:1,238 sqft vs avg 1,332 sqft43%
Price/sqft:$372 vs avg $27390%

More Insights

Built in 1934 (92 years old).
Condition: Despite being built in 1934, the property has undergone extensive and recent renovations, including refurbished plumbing and electrical systems, new hot water heater, split AC/heater, new oven, and new downstairs windows. The kitchen features modern stainless steel appliances and updated wood countertops, while the bathrooms have contemporary fixtures and tiling. The overall condition, as evidenced by the description and images, indicates a property that is virtually new in its functional components and aesthetic quality, with no deferred maintenance, aligning with the 'excellent' criteria for extensive recent renovations.
Year Built
1934
Close
-
List price
$460K
Original List price
$460K
Price/Sqft
$372
HOA
-
Days on market
-
Sold On
-
MLS number
IG26000119
Home ConditionExcellent
Features
Good View: Courtyard, Creek/Stream, Trees/Woods
Deck
Spa
Patio
ViewCourtyard, Creek/Stream, Trees/Woods

About this home

Known as “Sweet Valley Pines,” beautifully renovated 91-year-old property has been thoughtfully reimagined into a unique and inspiring retreat that blends timeless charm with modern comforts. Nestled in Crestline—home to Lake Gregory— there's easy access to outdoor recreation, attractions, and city amenities.----------------------- A private gated enclave surrounded by mature cedar and pine trees reveals a hidden compound featuring chic vintage cottage, detached yoga studio/office/guest room, outdoor spa, and lush landscaping. Straight from a storybook, a Disney-esque wood-shingled and stone façade transports guests into another world.--------------------------- Inside, alpine architecture and curated décor define the space. The LR showcases a cozy rock fireplace, knotty golden pine paneling, and soaring beamed gambrel ceilings. French doors and abundant windows fill the home with light. Living area opens to a generous wraparound deck, custom built-in benches, outdoor dining space—perfect for entertaining.--------------------------- The spacious dining room features antique window frames, wainscoting, decorative filigree, and a faux pearl-draped chandelier. Galley kitchen is adjacent, with a door leading to the back patio, upgraded laundry room, and jacuzzi. Continuing along the meandering path, a separate atelier awaits, complete with a pitched roof, full-light French doors, wood flooring, and its own deck— & an ideal creative studio, office, gym, guest room, or play space.-------------- The main level includes a full bath and a Queen bedroom, floor-to-ceiling fireplace and French doors to the back patio. Downstairs, an additional “king” bedroom, a ½ bath, and charming shiplap walls awaits.---------- Recent upgrades; new hot water heater, hot tub pump, split AC/heater on main level, a downstairs wall heater (Heat Storm Infrared Heater, 1000W), rainwater stream and drain system, rain gutters, new downstairs windows, and a new oven. Plumbing and electrical systems have been refurbished, the chimney cleaned, and trees trimmed. Three parking spaces on side, 2-3 spaces in front circular drive, and two storage sheds.------- Outlook Lane has operated as a successful short-term rental for the past three years and remains a highly sought-after vacation retreat. Accommodating up to 4-6 guests, it ranks in the top 5% of Airbnb Guest Favorites and generates $32,000+ in annual revenue. Superhost with 123 five-star reviews. STR renewed 11/26.

S
Stephen Valentine
Listing Agent

Price History

Date
Event
Price
06/06/22
Sold
$476,000
07/31/19
Sold
$270,000
Condition Rating
Excellent

Despite being built in 1934, the property has undergone extensive and recent renovations, including refurbished plumbing and electrical systems, new hot water heater, split AC/heater, new oven, and new downstairs windows. The kitchen features modern stainless steel appliances and updated wood countertops, while the bathrooms have contemporary fixtures and tiling. The overall condition, as evidenced by the description and images, indicates a property that is virtually new in its functional components and aesthetic quality, with no deferred maintenance, aligning with the 'excellent' criteria for extensive recent renovations.
Pros & Cons

Pros

Proven Income-Generating Short-Term Rental: The property boasts a successful three-year history as a short-term rental, ranking in the top 5% of Airbnb Guest Favorites with 123 five-star reviews and generating over $32,000 in annual revenue.
Unique Architectural Charm & Aesthetic: This 'Disney-esque' property features a beautifully renovated wood-shingled and stone façade, alpine architecture, and curated décor, offering a distinctive and enchanting retreat experience.
Extensive Recent Upgrades & Modern Comforts: Significant recent upgrades, including a new hot water heater, split AC/heater, new windows, refurbished plumbing/electrical, and a new oven, ensure modern comfort and reduced immediate maintenance concerns.
Versatile Detached Spaces & Outdoor Amenities: The property includes a detached yoga studio/guest room and a separate atelier, providing flexible spaces for creative pursuits, work, or additional guest accommodation, complemented by an outdoor spa and wraparound deck.
Desirable Crestline Location & Natural Setting: Nestled in a private, gated enclave surrounded by mature trees in Crestline, the property offers easy access to Lake Gregory, outdoor recreation, and scenic views, ideal for a tranquil retreat.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1238, other record living area = 930.
Original Construction Age: Despite extensive renovations, the property's original construction year of 1934 may present potential long-term maintenance considerations or higher insurance costs compared to newer homes.
Compact Main Living Area Square Footage: With 1238 square feet, the main living area might be considered compact for some buyers, potentially limiting spaciousness for larger gatherings or full-time residency.
Galley Kitchen Layout: The kitchen is described as a 'galley kitchen,' which, while functional, may not appeal to all buyers seeking a more open-concept or expansive culinary space.
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