23489 Lake, Crestline, California 92325, Crestline, 92325 - 1 bed, 1 bath

23489 Lake, Crestline, California 92325 home-pic-0
ACTIVE$289,000
23489 Lake, Crestline, California 92325
1Bed
1Bath
536Sqft
4,000Lot
Year Built
1930
Close
-
List price
$289K
Original List price
$289K
Price/Sqft
$539
HOA
-
Days on market
-
Sold On
-
MLS number
OC25255937
Home ConditionFair
Features
Good View: Neighborhood, Trees/Woods
Deck
ViewNeighborhood, Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 11% below the list price. We found 3 Cons,5 Pros. Rank: price - $289.0K(30th), sqft - 536(2th), beds - 1(7th), baths - 1(26th).

This cozy residence is located in the Mountain Resort City of Crestline. It boasts an excellent commuter location, situated at the top of Highway 138, just minutes from Highway 18. It's a short walk to Upper Crestline's historic Top Town, which offers shopping and dining, and is only 1 mile from Lake Gregory. This home is perfect for first-time buyers seeking an affordable option or for investors seeking an Airbnb opportunity. It features a one-car garage along with street parking for you and your visitors. As you ascend the stairs toward the house, you're greeted by an oversized deck, where you can relax and enjoy the views and fresh mountain air. Upon entering through the front door, you'll find a tall, open-concept ceiling in the living room, complete with a beautiful fireplace to keep you warm and cozy during the winter months. The open layout provides a view of the upgraded kitchen, which includes a new sink, cabinets, and flooring. A laundry area has also been conveniently installed inside the home. Please ask about the current assumable FHA loan at an attractive interest rate.

Price History

Date
Event
Price
11/07/25
Listing
$289,000
05/27/22
Sold
$300,000
01/02/20
Sold
$125,000
12/29/15
Sold
$85,000
08/17/11
Sold
$26,000
12/08/98
Sold
$37,000
Condition Rating
Fair

The property was built in 1930, making it nearly a century old. While the description notes an 'upgraded kitchen' with a new sink, cabinets, and flooring, the visual evidence shows a basic, rustic style for the cabinets and appliances. The living room features dated small square tiles, and the bathroom condition is not shown or described, suggesting it may also be outdated. The home is functional and presented as move-in ready, suitable for first-time buyers or investors, but its advanced age and inconsistent updates (some newer, some dated) place it in the 'Fair' category, indicating it's maintained but shows signs of being outdated and could benefit from further minor updates.
Pros & Cons

Pros

Prime Location & Accessibility: Excellent commuter location at the top of Highway 138, minutes from Highway 18, offering easy access. It's also a short walk to Upper Crestline's historic Top Town for shopping and dining, and only 1 mile from Lake Gregory.
Investment & First-Time Buyer Potential: The property is explicitly identified as ideal for first-time buyers seeking an affordable option or for investors looking for an Airbnb opportunity, highlighting its versatile market appeal.
Modernized Interior Features: The home boasts an upgraded kitchen with a new sink, cabinets, and flooring, an open-concept living room with tall ceilings, a beautiful fireplace, and convenient indoor laundry, enhancing its modern comfort.
Enhanced Outdoor Living: An oversized deck provides a dedicated space for relaxation, allowing residents to enjoy neighborhood and tree views along with the fresh mountain air.
Attractive Financing Option: The availability of an assumable FHA loan at an attractive interest rate offers a significant financial advantage, potentially lowering monthly payments for eligible buyers.

Cons

Compact Living Space: With only 536 sqft, 1 bedroom, and 1 bathroom, the property offers very limited living space, which may not suit all buyer needs or future expansion requirements.
Advanced Property Age: Built in 1930, the home is nearly a century old, which could imply potential for higher maintenance costs or the need for significant updates to core systems not mentioned as recently upgraded.
Listing Price Above Estimated Value: The current list price of $289,000 is approximately 11% higher than the estimated property value of $255,839.89, suggesting it may be overpriced relative to current market estimations.

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