
Crestline, California 92325
This property presents a High-Potential Investment Opportunity with a List Price of $279,000—positioned well below the $278,556 Fair Market Value by approximately 0%. While the price is at market, the Fair Condition Rating (5/10) and original 1978 finishes provide a clear path for forced appreciation through renovation. The Expansion Potential offered by the adjacent lot availability is a significant asset for increasing privacy or square footage. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a versatile mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23801 Zuger Subject | $249,900* List Price | 2 | 2 | 1,120 | $228 | - |
A 23686 Scenic Sold | $300,000 | 2 | 1 | 1,088 | $276 | 0.4 mi |
B 23412 Knapps Cutoff Sold | $235,000 | 3 | 3 | 1,020 | $230 | 0.5 mi |
C 679 Ca-138 Sold | $235,000 | 3 | 2 | 1,280 | $184 | 0.6 mi |
D 690 Ca-138 Sold | $239,900 | 4 | 3 | 1,392 | $172 | 0.6 mi |
E 863 Big Oak Road Sold | $300,000 | 3 | 3 | 1,352 | $222 | 0.6 mi |
F 23865 Lakeview Active | $240,000 List Price | 2 | 2 | 1,440 | $167 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1978 (46 years old) and appears to be in mostly original condition, featuring dated wood paneling and older wall-mounted heating units. Based on the age exceeding 30 years without evidence of a major renovation, the home requires a comprehensive rehab of the kitchen, bathrooms, and mechanical systems to meet modern standards.
The availability of the adjacent lot for purchase offers a rare opportunity to significantly increase privacy, expand the yard, or develop an additional structure.
Priced at $279,000 for a 2-bedroom, 2-bathroom home, this property represents an affordable opportunity for first-time buyers or those seeking a mountain vacation rental.
The home features a functional floor plan with abundant natural light and a seamless flow between the kitchen and dining areas, ideal for both daily living and entertaining.
The property has undergone two price reductions within its first 31 days on the market, suggesting initial overpricing or a need for increased buyer engagement.
The assigned elementary school carries a lower rating (3/10), which may be a drawback for families prioritizing high-performing educational facilities.
Charming mountain retreat in Crestline featuring 2 bedrooms and 2 bathrooms, perfect as a full-time residence or weekend getaway. The inviting living area offers a cozy atmosphere with plenty of natural light, flowing into a functional kitchen and comfortable dining space that make everyday living and entertaining easy. Both bedrooms are well-sized with convenient bathroom access, ideal for family, guests, or a home office. Enjoy the fresh mountain air from the outdoor spaces, with room to relax, garden, or play. For added potential, the lot next door is also available for purchase—create a larger yard, build an additional structure (buyer to verify), or secure extra privacy. A wonderful opportunity to own a versatile mountain home with expansion options in sought-after Crestline.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 4.3 mi
Grades K-8 • 4.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,120 | 1,310 |
| Lot Size | 6,275 | 6,950 |
| Price | $249.9K | $385.7K |
| Price per sq ft | $223 | $283 |
| Built year | 1978 | 1966 |
| HOA | $0 | $0 |
| Days on market | 45 | 82 |
Jul 15, 2026
$249,900
$279,000
-10% Price Drop
Initial Listing
Jul 2, 2026
$279,000
$289,000
-3% Price Drop
Initial Listing
Jun 14, 2026
$289,000
$320,000
-10% Price Drop
Initial Listing
Jun 7, 2026
$320,000
Initial Listing
May 4, 2022
$240,000
Public Record
Aug 9, 2004
$100,000
Public Record
Sep 21, 1995
$7,500
Public Record