23581 Lake Drive, Crestline, California 92325, Crestline, 92325 - 4 bed, 3 bath

23581 Lake Drive, Crestline, California 92325 home-pic-0

23581 Lake Drive

Crestline, California 92325

ACTIVE
CONDITION: POOR
4Beds
3Baths
2,868Sq Ft
35,195Lot Size

Property Price

LIST PRICE$649,999
EST. MARKET VALUE
$511,267
27% AboveMARKET VALUE

SUMMARY

Analysis of 23581 Lake Drive, Crestline, California 92325 reveals a property with a current list price of $649,999, which is 27% above the estimated $511,267 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Crestline Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$511,267
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
23581 Lake Drive
Subject
$649,999*
List Price
432,868$178-
A
23876 Crest Forest Drive
Active
$475,000
List Price
532,436$1950.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

Built in 1925 and on the market for the first time since 1956, this property is significantly aged. While it appears clean and maintained, the kitchens and bathrooms in both dwellings are very dated with older appliances, laminate countertops, and basic fixtures, indicating a lack of major renovations for several decades. The property analysis explicitly states it 'likely requires significant updates to systems (electrical, plumbing, HVAC) and general modernization.' This, along with the visible wall-mounted heaters (suggesting no central HVAC) and the overall outdated aesthetic, points to a need for substantial repairs and rehabilitation to meet contemporary standards, aligning with a 'Poor' condition score.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 35195, living area = 2868.

  • Dual Dwellings

    The property includes two separate single-family residences (3 bed/2 bath main, 1 bed/1 bath additional), offering significant versatility for multi-generational living, rental income, or guest accommodations.

  • Expansive & Usable Lot

    Features nearly an acre (35,195 sqft) of level, usable land, providing ample space for outdoor activities, gardening, and potential future development.

CONSRISKS & DEFICIENCIES

  • Suboptimal Bedroom Configuration

    The main home's layout requires passing through one bedroom to access the primary bedroom, which compromises privacy and functional flow.

  • Historic Property Age

    Built in 1925, the property likely requires significant updates to systems (electrical, plumbing, HVAC) and general modernization to meet contemporary standards and efficiency.

  • Recent Price Adjustment

    A recent price reduction from $675,000 to $649,999 may suggest initial overpricing or a slower market response, potentially indicating a need for further negotiation.

About 23581 Lake Drive

First time on the market since 1956! This rare find sits on nearly an acre of level, usable land, this special property offers room to roam and enjoy your own private retreat. Tucked away off the main road, it provides wonderful seclusion and privacy once you head up the driveway. Of the two separate homes on the property, the main home features 3 bedrooms and 2 bathrooms, plus a dining room, a living room and bonus room with a fireplace, perfect for cozy gatherings. The living room also boasts its own fireplace, adding charm and warmth. Upstairs you’ll find the bedrooms (even though you go through one bedroom to reach the main bedroom) and a full bath. While downstairs, the kitchen includes a convenient laundry area. Adding even more value, the property includes an additional 1-bedroom, 1-bathroom single family residence complete with its own range and refrigerator. Between the two dwellings lies a charming courtyard patio, perfect for outdoor gatherings and creating a comfortable connection between indoor and outdoor living. The fully fenced property offers ample space for gardening, entertaining, or simply enjoying the open setting. With dual access and plenty of parking, this property combines comfort, versatility and true mountain-style privacy--all on a generous parcel you can truly make your own. If you work down the hill, this home is very commuter friendly. One minute drive to the Hwy 138 and you're not far from Silverwood Lake, Hesperia and more or Hwy 138 to the 18 to the 210. A rare find with endless potential—this property is ready for its next chapter.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1925
Lot Size
35,195 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 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)
Beds4.03.0
80%
Baths3.02.0
78%
Square foot2,8681,320
95%
Lot Size35,1956,608
98%
Price$650.0K$360.0K
95%
Price per sq ft$227$273
26%
Built year19251966
3%
HOA$0$0
50%
Days on market156220
23%

Pricing History

Listed for Sale

Dec 5, 2025

$649,999

$675,000

-4% Price Drop

Initial Listing

Price Change

Oct 2, 2025

$675,000

Initial Listing

Browse Properties by State Browse housing market trends by state