
Crestline, California 92325
This property presents a High-Potential Investment Opportunity with a List Price of $259,000—positioned well below the $294,725 Fair Market Value by 12%. This valuation gap offers $35,725 in Instant Equity for buyers capable of managing a full-scale renovation. Featuring a Condition Rating of 5, the asset requires significant capital expenditure to address structural and cosmetic neglect. However, the inclusion of an adjacent vacant lot and level entry provides unique development upside, making this an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23730 Lakeview Subject 3 bd · 3 ba · 1,680 sqft · $175 | $259,000* List Price | 3 | 3 | 1,680 | $175 | - |
A 622 Heatherly Sold 3 bd · 2 ba · 1,693 sqft · $177 · 0.4 mi | $300,000 | 3 | 2 | 1,693 | $177 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981 (43 years old), this property is explicitly listed as an 'investor special' and is currently unloanable. Visuals confirm significant neglect including missing flooring, broken glass in French doors, and unfinished interior surfaces, necessitating a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11763, living area = 1680.
The sale includes an adjacent vacant lot and a generous total lot size of 11,763 sqft, providing significant space for privacy or future development in a wooded setting.
Unlike many mountain properties, this home features level parking and a level entry, offering ease of access that is highly desirable and rare for the Crestline area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11763, other record lot size in square feet = 9942. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property is not currently loanable and requires a cash-only purchase, which significantly limits the pool of potential buyers to investors or well-capitalized individuals.
Marketed as an 'investor/contractor special,' the home requires extensive repairs and is sold in its present condition, necessitating a large additional budget for renovations.
Investor/contractor special. Cash offers only. Property is not loanable in it's present condition.. A lot of square footage and land for the price. Level parking and entry. Includes adjacent vacant lot.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.8 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,680 | 1,239.477 |
| Lot Size | 11,763 | 6,761.744 |
| Price | $259.0K | $366.6K |
| Price per sq ft | $154 | $277 |
| Built year | 1981 | 1964 |
| HOA | $0 | $250 |
| Days on market | 7 | 76 |
Oct 17, 2026
$259,000
Initial Listing