23865 Lakeview, Crestline, California 92325, Crestline, 92325 - 2 bed, 2 bath
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Crestline, California 92325
This property presents a High-Potential Investment Opportunity with a List Price of $270,000—positioned well below the $271,393 Fair Market Value by 0.5%. Featuring a Fair Condition Rating of 5, the home requires a full interior rehab to address dated finishes and mechanical upgrades. The tri-level layout and mountain views offer significant value-add potential for those capable of modernizing the space. This is a value-add acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project in the Rim of the World district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23865 Lakeview Subject | $240,000* List Price | 2 | 2 | 1,440 | $178 | - |
A 690 Ca-138 Sold | $239,900 | 4 | 3 | 1,392 | $172 | 0.6 mi |
B 679 Ca-138 Sold | $235,000 | 3 | 2 | 1,280 | $184 | 0.6 mi |
C 645 Knoll Drive Sold | $215,000 | 2 | 2 | 1,131 | $190 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1971 with no evidence of recent renovations, this property shows significant wear including heavily stained and damaged carpeting, dated wood paneling, and original-style bathroom vanities. The use of a window AC unit suggests a lack of modern central HVAC, and the overall interior condition indicates the home requires a full rehab to meet modern standards.
The property features breathtaking mountain views and abundant windows, creating a bright, 'treetop' living experience that maximizes its natural surroundings.
With a tri-level layout including a spacious family room and a versatile loft, the home offers flexible spaces for a home office, guest area, or additional recreation.
Situated near Lake Gregory and downtown Crestline, the home provides convenient access to year-round outdoor activities, dining, and shopping.
The tri-level architectural design involves multiple sets of stairs, which may pose accessibility challenges for some buyers or those with mobility concerns.
Despite having 1,440 square feet of living space, the home only offers two bedrooms, which may limit its appeal to larger families or those requiring more private sleeping quarters.
Mountain Retreat with Stunning Views and Privacy. Enjoy breathtaking mountain views from this beautiful tri-level home filled with natural light and surrounded by nature. With abundant windows throughout, you'll feel as though you're living amoung the treetops. This inviting home features 2 bedrooms, 2 bathrooms, a spacious liviing room, and a large family room, providing plenty of space for relaxation and entertaining. Two cozy fireplaces add warmth and charm, while the loft offers a versatile space for a home office, reading nook, or guest area. Step outside onto on of two private outdoor decks and take in the peaceful surroundings. Nestled in a serene setting, this property offers the perfect blend of privacy and mountain living. Conveiently located near Lake Gregory and the charming town of Crestline, you'll enjoy easy access to recreation, dining, shopping, and year around outdoor activities. A true mountain paradise, vacation home, or investment opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,440 | 1,310 |
| Lot Size | 5,650 | 6,950 |
| Price | $240.0K | $385.7K |
| Price per sq ft | $167 | $283 |
| Built year | 1971 | 1966 |
| HOA | $0 | $0 |
| Days on market | 41 | 82 |
Jul 1, 2026
$240,000
$270,000
-11% Price Drop
Initial Listing
Jun 11, 2026
$270,000
Initial Listing