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

23489 Lake, Crestline, California 92325 home-pic-0

23489 Lake

Crestline, California 92325

ACTIVE
CONDITION: FAIR
1Beds
1Baths
536Sq Ft
4,000Lot Size

Property Price

LIST PRICE$259,000
EST. MARKET VALUE
$232,144
11% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$232,144
Based on Realkey algorithm analyzing recent comparable sales in Crestline.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
23489 Lake
Subject
$259,000*
List Price
11536$433-
A
22873 Fir Lane
Sold
$250,00011552$4531.0 mi
B
23812 Wildwood Lane
Sold
$250,00021704$3550.4 mi
C
23747 Pioneer Camp Road
Active
$247,000
List Price
21621$3980.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Originally built in 1930, this small cabin has received some cosmetic updates, specifically in the kitchen with newer cabinets and wood-look flooring. However, the living areas still feature dated tile flooring and older wall finishes. The exterior deck shows signs of weathering, and while the property is functional and move-in ready, it lacks the comprehensive modernization of major systems and finishes required for a higher rating.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Commuter Location

    Ideally situated at the top of Highway 138 with quick access to Highway 18, and within walking distance to Upper Crestline's historic Top Town and Lake Gregory.

  • Financial Incentive

    The property features an assumable FHA loan at an attractive interest rate, providing a significant financing advantage in the current market.

  • Modernized Interior

    The home boasts an upgraded kitchen with new cabinets, flooring, and a sink, along with the rare convenience of an indoor laundry area.

CONSRISKS & DEFICIENCIES

  • Limited Square Footage

    At only 536 square feet with a single bedroom, the living space is very compact and may not suit buyers requiring more room or storage.

  • Accessibility Concerns

    The requirement to ascend stairs to reach the main entrance may pose challenges for those with mobility issues or during heavy winter snow.

  • Vintage Infrastructure

    Originally built in 1930, the property's age may require more frequent maintenance and potential updates to older structural or mechanical systems.

About 23489 Lake

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1930
Lot Size
4,000 Sq. Ft.

Interior

Total Bedrooms
1
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.03.0
5%
Baths1.02.0
20%
Square foot5361,300
1%
Lot Size4,0006,600
17%
Price$259.0K$358.2K
17%
Price per sq ft$483$273
98%
Built year19301966
8%
HOA$0$0
50%
Days on market120220
11%

Pricing History

Listed for Sale

Feb 13, 2026

$259,000

$264,000

-2% Price Drop

Initial Listing

Price Change

Feb 3, 2026

$264,000

$269,000

-2% Price Drop

Initial Listing

Price Change

Jan 27, 2026

$269,000

$274,000

-2% Price Drop

Initial Listing

Price Change

Jan 16, 2026

$274,000

$279,000

-2% Price Drop

Initial Listing

Price Change

Jan 9, 2026

$279,000

$289,000

-3% Price Drop

Initial Listing

Price Change

Nov 7, 2025

$289,000

Initial Listing

Sold

May 27, 2022

$300,000

Public Record

Sold

Jan 2, 2020

$125,000

Public Record

Sold

Dec 29, 2015

$85,000

Public Record

Sold

Aug 17, 2011

$26,000

Public Record

Sold

Dec 8, 1998

$37,000

Public Record

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