23865 Lakeview, Crestline, California 92325, Crestline, 92325 - 2 bed, 2 bath
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23865 Lakeview
Crestline, California 92325
ACTIVE UNDER CONTRACT
CONDITION: POOR
2Beds
2Baths
1,440Sq Ft
5,650Lot Size
Property Price
LIST PRICE$230,000
EST. MARKET VALUE
$230,000
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $240,000—positioned well below the $256,353 Fair Market Value by 6%. This valuation gap offers $16,353 in Instant Equity. Featuring panoramic mountain views and a tri-level layout, the home has a Condition Rating of 5, requiring significant interior rehabilitation. This asset is best suited for Fix-and-Flip Investors or Contractors capable of modernizing the space to capture the full potential of this scenic Crestline location.
Estimated Market Value
$230,000
Based on Realkey algorithm analyzing recent comparable sales in Crestline.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23865 Lakeview Subject | $230,000* List Price | 2 | 2 | 1,440 | $160 | - |
A 628 Friendly Sold | $197,000 | 1 | 1 | 970 | $203 | 0.3 mi |
B 690 Ca-138 Sold | $239,900 | 4 | 3 | 1,392 | $172 | 0.6 mi |
C 679 Ca-138 Sold | $235,000 | 3 | 2 | 1,280 | $184 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1971 (53 years old) with no evidence of actual renovations. While the listing provides AI-generated 'visualizations' of a modern interior, the actual interior photo (Image 2) shows significant neglect, including stained flooring and dated, peeling wallpaper. The property requires a full rehab of the kitchen, bathrooms, and likely the mechanical systems to be brought to modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Scenic Mountain Views
The property features breathtaking mountain views and abundant windows, creating a bright, 'treetop' living experience that maximizes its natural surroundings.
- Versatile Living Space
With a tri-level design, two fireplaces, and a flexible loft space, the home offers a functional floor plan suitable for a primary residence, vacation home, or investment rental.
- Proximity to Recreation
Ideally located near Lake Gregory and downtown Crestline, providing residents with easy access to year-round outdoor activities, shopping, and dining.
CONSRISKS & DEFICIENCIES
- Market Stagnation
A significant $30,000 price reduction after 49 days on the market suggests the property may have been initially overpriced or requires updates to attract modern buyers.
- Multi-Level Accessibility
The tri-level configuration and mountain terrain may present accessibility challenges, as the layout requires navigating multiple sets of stairs both inside and outside the home.
About 23865 Lakeview
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1971
- Lot Size
- 5,650 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,440 | 1,278.077 |
| Lot Size | 5,650 | 6,910.923 |
| Price | $230.0K | $363.9K |
| Price per sq ft | $160 | $276 |
| Built year | 1971 | 1964 |
| HOA | $0 | $250 |
| Days on market | 90 | 72 |
Pricing History
Listed for Sale
Aug 26, 2026
$230,000
$228,000
+1% Price Increase
Initial Listing
Price Change
Aug 25, 2026
$228,000
$240,000
-5% Price Drop
Initial Listing
Price Change
Jul 1, 2026
$240,000
$270,000
-11% Price Drop
Initial Listing
Price Change
Jun 11, 2026
$270,000
Initial Listing