23387 Knapps Cutoff, Crestline, California 92325, Crestline, 92325 - 3 bed, 3 bath
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Crestline, California 92325
This custom mountain retreat represents a High-Potential Investment Opportunity, listed at a List Price of $525,000—positioned well below the $536,225 Fair Market Value by 2%. This valuation gap offers $11,225 in Instant Equity. Featuring soaring wood-beamed ceilings, central HVAC, and expansive decks, the property maintains a Fair Condition Rating with room for cosmetic updates. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a character-rich mountain residence with significant long-term upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23387 Knapps Cutoff Subject | $525,000* List Price | 3 | 3 | 2,750 | $195 | - |
A 120 Pine Ridge Road Sold | $655,000 | 4 | 4 | 2,657 | $247 | 1.0 mi |
B 23698 Scenic Drive Sold | $430,000 | 4 | 3 | 2,058 | $209 | 0.4 mi |
C 23950 Bowl Rd Sold | $459,000 | 4 | 2 | 2,028 | $226 | 0.7 mi |
D 23304 Crest Forest Active | $528,000 List Price | 3 | 2 | 2,356 | $224 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982 (42 years old), the property exceeds the 20-year threshold for 'Fair' condition. While the exterior is well-maintained and the home features functional systems like central HVAC, the 'rustic charm' and age suggest the kitchen and bathrooms are likely dated and would benefit from minor repairs or modern updates.
Boasting 2,750 square feet with soaring wood-beamed cathedral ceilings and expansive windows, this home offers a rare level of volume and architectural character for the Crestline market.
Unlike many rustic mountain properties, this residence features central heating and air conditioning, ensuring year-round comfort regardless of seasonal temperature fluctuations.
Situated just minutes from Lake Gregory with multiple decks and forest views, the property perfectly balances tranquil mountain seclusion with convenient access to local shopping and dining.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2750, other record living area = 2250.
The current list price of $525,000 is significantly lower than the 2021 sale price of $575,000, which may indicate a decline in local market value or a need for a quick sale.
Built in 1982 with extensive wood decking and siding, the property likely requires consistent and potentially costly maintenance to protect against mountain weather elements.
Welcome to this impressive custom mountain retreat nestled in the heart of Crestline. This spacious 3-bedroom, 2.5-bath home offers approximately 2,750 square feet of living space on an 8,000-square-foot lot, blending rustic charm with modern comfort. Soaring wood-beamed and cathedral ceilings create an open, inviting atmosphere, while expansive windows bring in abundant natural light and tranquil forest views. Outdoor living is equally impressive with multiple decks and patio areas, perfect for enjoying the fresh mountain air, peaceful surroundings, and year-round entertaining. Additional highlights include central heating and air conditioning, an attached two-car garage, abundant storage, workshop space, and a desirable location just minutes from Lake Gregory, shopping, dining, and all that Crestline has to offer. Whether you're searching for a full-time residence, mountain getaway, or investment opportunity, this exceptional home offers space, character, and endless possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,750 | 1,310 |
| Lot Size | 8,000 | 6,950 |
| Price | $525.0K | $385.7K |
| Price per sq ft | $191 | $283 |
| Built year | 1982 | 1966 |
| HOA | $0 | $0 |
| Days on market | 22 | 82 |
Jun 30, 2026
$525,000
Initial Listing
May 3, 2021
$575,000
Public Record
Jun 9, 2020
$418,000
Public Record
Nov 18, 2009
$260,000
Public Record
Apr 8, 1999
$130,000
Public Record