23840 Zuger, Crestline, California 92325, Crestline, 92325 - 3 bed, 3 bath
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Crestline, California 92325
This Versatile Mountain Residence is a Prime Investment Opportunity listed at $442,000—positioned well below the $455,697 Fair Market Value by 3%. This valuation gap provides $13,697 in Instant Equity. Maintaining a Fair Condition Rating, the multi-level layout offers significant ADU Potential for rental income. Featuring Panoramic Mountain Views from dual decks near Lake Gregory and the Rim of the World School District, it balances lifestyle with asset growth. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23840 Zuger Subject | $439,500* List Price | 3 | 3 | 2,000 | $216 | - |
A 24259 Zurich Drive Sold | $555,000 | 5 | 3 | 2,280 | $243 | 0.5 mi |
B 402 Delle Drive Sold | $325,000 | 3 | 3 | 1,798 | $181 | 1.0 mi |
C 198 Pine Ridge Active | $414,900 List Price | 3 | 3 | 1,770 | $234 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this 35-year-old property falls squarely into the 'fair' category as it maintains its original 'nostalgic' mountain character without evidence of a full modern renovation. While the home appears well-maintained and functional, the kitchen and bathrooms likely feature dated styles and older appliances consistent with its age. It meets the criteria of being built within the last 25 to 40 years with no major recent renovations mentioned.
The unique multi-level layout with a bathroom on every floor and potential for an ADU permit on the lower level offers excellent flexibility for rental income or a private guest suite.
Two front decks provide peaceful ridgeline and panoramic mountain views, perfectly capturing the nostalgic mountain cabin atmosphere and fresh air of Crestline.
Ideally situated near Lake Gregory and town amenities, the property offers a perfect balance of mountain seclusion and convenient access to shopping, dining, and outdoor recreation.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2000, other record living area = 1092. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The home's multi-level design may be a drawback for buyers with mobility concerns or those seeking a more traditional, open-concept single-story flow.
The local elementary school carries a lower rating of 3, which may be a consideration for families prioritizing high-performing school districts.
Welcome to your own mountain getaway in the heart of Crestline! Ideally located close to town, this charming 3-bedroom, 3-bathroom home offers easy access to shopping, dining, and outdoor recreation, including the beautiful Lake Gregory and all the activities Crestline has to offer. With a unique multi-level layout, this home provides exceptional flexibility. The lower level presents the potential opportunity to apply for an ADU permit, creating the possibility for rental income or a private guest suite while still enjoying the main living space above. Each level features its own bathroom, making the home especially comfortable for larger families or guests. Enjoy peaceful ridgeline views from both front decks, adding to the nostalgic mountain cabin atmosphere and providing the perfect place to relax and take in the fresh mountain air. Adventure and community are right outside your door, with year-round local events, hiking, fishing, and endless mountain activities nearby. Conveniently located just 20–30 minutes from the valley floor, you’ll enjoy cooler temperatures, cleaner air, and a welcoming small-town atmosphere while still being within reach of city amenities. Approximately 1½ hours to the greater Los Angeles area, 2 hours to the beaches of San Diego, and about 45 minutes to some of Southern California’s premier ski resorts. Don’t miss the opportunity to make this versatile mountain home your own!
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 4.2 mi
Grades K-8 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 2,000 | 1,376 | 78% |
| Lot Size | 4,800 | 6,700 | 26% |
| Price | $439.5K | $365.0K | 68% |
| Price per sq ft | $220 | $267 | 24% |
| Built year | 1989 | 1965 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 210 | 6% |
Apr 18, 2026
$439,500
$442,000
-1% Price Drop
Initial Listing
Mar 7, 2026
$442,000
Initial Listing
Jan 25, 2000
$97,000
Public Record
Oct 10, 1997
$114,000
Public Record