
Crestline, California 92325
This Turnkey Mountain Residence is a Strong Value Opportunity, listed at $354,900—positioned well below the $376,290 Fair Market Value by 5%. This valuation gap offers $21,390 in Instant Equity for the buyer. Featuring a renovated kitchen, modern bathrooms, and a private deck, the home maintains an Excellent Condition Rating. Located just 1.1 miles from Lake Gregory, this property is an ideal sanctuary for vacation rental investors or first-time buyers seeking a move-in ready mountain lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23388 Knapps Cutoff Subject | $354,900* List Price | 3 | 2 | 1,324 | $284 | - |
A 757 N Village Lane N Sold | $287,000 | 2 | 1 | 1,090 | $263 | 0.2 mi |
B 23095 Hemlock Sold | $459,900 | 3 | 2 | 1,464 | $314 | 0.4 mi |
C 23916 Pioneer Camp Sold | $418,000 | 3 | 2 | 1,328 | $315 | 0.7 mi |
D 22815 Alder Sold | $377,600 | 3 | 2 | 1,368 | $276 | 0.7 mi |
E 22831 Waters Drive Sold | $365,000 | 3 | 2 | 1,518 | $240 | 0.7 mi |
F 634 Rosehill Drive Sold | $310,000 | 1 | 2 | 960 | $323 | 0.3 mi |
G 23059 Balsam Sold | $365,582 | 3 | 2 | 1,620 | $226 | 0.4 mi |
H 590 Lanes End Active | $380,000 List Price | 3 | 1 | 1,524 | $249 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1940, the property has undergone a complete fresh renovation (likely <1 year). It features a brand-new kitchen with quartz countertops and stainless appliances, updated bathrooms with modern tile work, new laminate flooring and carpet throughout, and refreshed exterior paint and decking. The home is in mint, move-in-ready condition with no immediate maintenance required.
The property is move-in ready following extensive updates, including a modern kitchen with quartz countertops, new stainless steel appliances, fresh exterior paint, and updated siding, eliminating the need for immediate capital improvements.
Located just 1.1 miles from Lake Gregory Regional Park, the home offers convenient access to boating, fishing, and community events, making it an ideal choice for a vacation rental or active mountain lifestyle.
The floor plan provides excellent separation of space with a private primary suite on the lower level and a flexible main-floor bedroom, maximizing the utility of the 1,324 square feet.
Originally built in 1940, the home may possess underlying structural or utility components that, despite cosmetic renovations, could require more maintenance than a newer construction.
The 4,000-square-foot lot is relatively small for the area and likely features sloped mountain topography, which may restrict usable outdoor yard space or future expansion.
Freshly renovated and minutes from Lake Gregory, this 3-bedroom Crestline home blends mountain character with the updates buyers want most. The main level features a renovated kitchen with new cabinetry, quartz countertops, included stainless steel appliances, and quality laminate flooring that keeps the living space clean, practical, and easy to maintain. This level also includes the living room, a bedroom that can work well as an office, guest room, or flex space, and a full bathroom with a beautifully finished tile shower/tub.The lower level offers a private primary bedroom and bathroom with a stand-up shower and direct laundry access, creating added separation and everyday convenience.Upstairs, the A-frame bedroom ceilings bring in the mountain-cabin feel while still offering usable space. The bedrooms include carpet for added comfort. Outside, the home has been refreshed with fresh exterior paint, updated siding in select areas, and refreshed deck, stairs, and parking areas. The backyard includes a playhouse that can also function as extra storage, plus three included Rubbermaid storage units for gear, tools, or seasonal items.Roads are maintained and plowed in winter, supporting year-round access for full-time or part-time use. Located approximately 1.1 miles from Lake Gregory Regional Park, the property offers easy access to boating, kayaking, paddleboarding, swimming, and fishing. Crestline’s local events, farmers markets, outdoor movie nights, seasonal festivals, and San Moritz Lodge events add to the mountain lifestyle. Lake Arrowhead is about 7.5 miles away, and San Bernardino is approximately 15 miles down the hill. Updated, functional, and positioned for mountain living without taking on a major renovation project, this Crestline home is ready to enjoy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,324 | 1,310 |
| Lot Size | 4,000 | 6,950 |
| Price | $354.9K | $385.7K |
| Price per sq ft | $268 | $283 |
| Built year | 1940 | 1966 |
| HOA | $0 | $0 |
| Days on market | 12 | 82 |
Jul 10, 2026
$354,900
Initial Listing
Dec 12, 2024
$150,000
Public Record