23370 Seeley Way, Crestline, California 92325, Crestline, 92325 - 2 bed, 2 bath
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Crestline, California 92325
This Value-Add Residential Asset is listed at $235,000, positioned near its $223,330 Fair Market Value. Despite a Condition Rating of 5 requiring a full rehab, the property presents a unique development play via the included adjoining undeveloped parcel and a prime location one mile from Lake Gregory. Featuring wooded views and a functional layout, the site offers substantial ROI potential through modernization and expansion. This As-Is, Cash-Only sale is an ideal acquisition for Fix-and-Flip Investors or Contractors targeting the Rim of the World district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23370 Seeley Way Subject | $235,000* List Price | 2 | 2 | 596 | $382 | - |
A 768 Deer Pending | $236,000 List Price | 2 | 1 | 720 | $328 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940, this property is over 80 years old and lacks evidence of modern renovation. The kitchen is extremely dated with antique-style appliances and worn cabinetry. Interior photos reveal safety and system concerns, including exposed electrical conduit and dated wall heaters. The 'Cash Sale Only' and 'As-Is' requirements, combined with the investor-focused description, confirm the home needs a full rehab to meet modern standards.
The sale includes an adjoining undeveloped parcel, providing a unique opportunity for expansion or future development in a desirable mountain community.
Situated just one mile from Lake Gregory, the property offers easy access to recreational activities and features a balcony with scenic tree and wood views.
Despite its compact 596-square-foot footprint, the home features a functional two-bedroom, two-bathroom configuration, including a primary en-suite and a basement.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2700, other record lot size in square feet = 2550.
The listing is restricted to cash buyers only, which significantly limits the potential buyer pool by excluding those reliant on traditional financing.
Built in 1940 and sold in as-is condition, the property likely requires significant capital investment for repairs, modernization, or structural updates.
Forest Life at a Great Price! Nestled in the Beautiful and Charming Mountainous Crestline area with beautiful surroundings. Two Bedrooms, Kitchen, Dining area, Gathering Room, Basement. Bathroom en-suite in Primary Bedroom and 1/2 bath in Basement. Amazing views from the balcony. The sale of this home includes an adjoining undeveloped parcel (0338-031-29-0000). Property is located about one mile to Lake Gregory. Being sold as-is, needs some fixing and upgrades. Price reflects condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 35% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 596 | 1,350 | 2% |
| Lot Size | 2,700 | 7,000 | 4% |
| Price | $235.0K | $370.0K | 6% |
| Price per sq ft | $394 | $281 | 91% |
| Built year | 1940 | 1964 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 233 | 162 | 59% |
Oct 26, 2025
$235,000
Initial Listing
Apr 23, 2021
$165,000
Public Record
Apr 18, 2013
$43,000
Public Record
Sep 11, 2008
$115,000
Public Record