23387 Knapps Cutoff, Crestline, California 92325, Crestline, 92325 - 3 bed, 3 bath
ACTIVE$499,000
23387 Knapps Cutoff, Crestline, California 92325
3Beds
3Baths
2,250Sqft
8,000Lot
Price Vs. Estimate
The estimated value ($474,652.455) is $24,347.545 (4%) lower than the list price ($499,000). This property may be overpriced.
Key pros and cons
Top Pros:
ADU Potential: The property comes with RTI (Ready To Issue) permits to convert the garage into an Accessory Dwelling Unit (ADU), offering significant value addition and potential rental income.
Top Cons:
Property Age: Built in 1982, the home is over 40 years old, which may necessitate updates to major systems or cosmetic features in the near future if not already addressed.
Compared to the nearby listings
Price:$499.0K vs avg $350.0K (+$149,000)86%
Size:2,250 sqft vs avg 1,375 sqft90%
Price/sqft:$222 vs avg $26425%
More Insights
Built in 1982 (43 years old).
Condition: Built in 1982, this property is over 40 years old. While the exterior appears well-maintained and the bedroom shows clean carpet and paint, there's no indication of recent major renovations. Crucially, there are no images of the kitchen or bathrooms, which typically suggests these areas are original or have older, dated updates. The visible interior elements, such as wood paneling and older-style ceiling fans, support the assessment that the home is aged but maintained, with functional but likely outdated components, requiring minor updates to meet current aesthetic and functional standards.
Year Built
1982
Close
-
List price
$499K
Original List price
$550K
Price/Sqft
$222
HOA
-
Days on market
-
Sold On
-
MLS number
25540035
Home ConditionFair
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods
About this home
Spectacular home with 3 bedrooms, 3 bathrooms, high ceilings, a spacious master and a walk in closet. Perfect for entertaining with the expansive patio. Property has RTI permits to convert the garage into an ADU.
Condition Rating
Fair
Built in 1982, this property is over 40 years old. While the exterior appears well-maintained and the bedroom shows clean carpet and paint, there's no indication of recent major renovations. Crucially, there are no images of the kitchen or bathrooms, which typically suggests these areas are original or have older, dated updates. The visible interior elements, such as wood paneling and older-style ceiling fans, support the assessment that the home is aged but maintained, with functional but likely outdated components, requiring minor updates to meet current aesthetic and functional standards.
Pros & Cons
Pros
ADU Potential: The property comes with RTI (Ready To Issue) permits to convert the garage into an Accessory Dwelling Unit (ADU), offering significant value addition and potential rental income.
Spacious & Well-Appointed Interior: Features high ceilings, a spacious master bedroom, and a walk-in closet, enhancing comfort and appeal for residents.
Outdoor Entertainment Space: An expansive patio provides an excellent area for entertaining guests and enjoying outdoor living.
Attractive Pricing: The property has seen a significant price reduction from its original list price and is currently listed below its estimated market value, offering a compelling investment opportunity.
Natural Views: Enjoys pleasant 'Trees/Woods' views, contributing to a serene and picturesque living environment.
Cons
Property Age: Built in 1982, the home is over 40 years old, which may necessitate updates to major systems or cosmetic features in the near future if not already addressed.
Additional Investment for ADU: While RTI permits are a strength, the conversion of the garage into an ADU represents a significant additional investment and project for the new owner.
Lack of Detailed Modern Upgrades: The description does not specify recent major renovations or modern amenities (e.g., updated kitchen, smart home features) beyond general spaciousness, which might be expected for a home of this age.