
Crestline, California 92325
This property presents a High-Potential Investment Opportunity with a List Price of $289,000—positioned well below the $288,299 Fair Market Value (effectively at market). While the home has a Fair Condition Rating due to deferred maintenance on the deck and dated interiors, the 2-bedroom, 1-bath layout with a sleeping loft offers significant functional versatility. The property provides a solid foundation for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23807 Wildwood Subject | $289,000* List Price | 2 | 1 | 1,032 | $279 | - |
A 23686 Scenic Sold | $300,000 | 2 | 1 | 1,088 | $276 | 0.2 mi |
B 23412 Knapps Cutoff Sold | $235,000 | 3 | 3 | 1,020 | $230 | 0.5 mi |
C 23413 Knapps Cutoff Sold | $250,000 | 1 | 1 | 775 | $323 | 0.5 mi |
D 23497 Lake Dr Sold | $310,000 | 3 | 2 | 1,059 | $293 | 0.4 mi |
E 693 Ca 138 Sold | $306,000 | 3 | 2 | 1,043 | $293 | 0.5 mi |
F 23641 Manzanita Active | $349,999 List Price | 2 | 2 | 1,050 | $333 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this cabin is well-maintained but significantly dated. The kitchen and laundry areas feature older appliances and wallpaper likely exceeding 20-30 years in age. While the interior appears functional, the listing explicitly mentions the deck requires repairs, indicating necessary structural maintenance typical of the fair category.
The cabin features quintessential mountain aesthetics, including warm wood accents, vaulted ceilings, and a beautiful river rock fireplace that enhances its cozy appeal.
With two bedrooms plus a sleeping loft featuring a separate entrance, the property offers versatile layout options for guests, a home office, or additional storage.
The sunny backyard is ideal for gardening or pets, and the inclusion of off-street parking for two cars is a significant convenience in a mountain community.
The deck is in need of repairs, which represents an immediate out-of-pocket expense and potential safety concern for new owners.
County records identify the home as a one-bedroom while it currently functions as a two-bedroom, which may create challenges with financing or future appraisals.
This cute cabin is full of mountain charm with warm wood accents throughout. As you walk up to the front door, you enter into the dining area that opens to a cozy living room with vaulted ceilings and a beautiful river rock fireplace. The kitchen is conveniently located just off the living room and also includes a laundry area. There are two good-sized bedrooms with a full bath located between them. A ladder leads up to the sleeping loft, or you can access the loft from a separate entrance off the back deck. The backyard offers great potential with plenty of sunshine, making it ideal for a garden or a fenced area for pets. The property also offers off-street parking for up to 2 cars. County records show the property as a 1-bedroom, though it currently features 2 bedrooms. The deck is in need of repairs, providing an opportunity to add your own improvements and personal touch.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 36% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 1,032 | 1,343 | 23% |
| Lot Size | 4,000 | 6,920 | 15% |
| Price | $289.0K | $360.0K | 15% |
| Price per sq ft | $280 | $281 | 50% |
| Built year | 1940 | 1964 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 179 | 1% |
May 22, 2026
$289,000
Initial Listing
Jun 24, 2003
$124,000
Public Record