23940 Cresta Drive, Crestline, California 92325, Crestline, 92325 - 3 bed, 2 bath
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Crestline, California 92325
This property presents a High-Potential Investment Opportunity with a List Price of $299,900—positioned well above the $217,222 Fair Market Value by -38%. While the home requires significant renovation, its Condition Rating of 5 and unique features, including a historic ship-sourced fireplace, whole-house generator, and insulated music studio, provide a distinct value-add foundation. The large 7,700 sqft lot offers rare outdoor utility in a mountain setting. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive modernization project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23940 Cresta Drive Subject | $299,900* List Price | 3 | 2 | 910 | $239 | - |
A 23718 Scenic Sold | $271,000 | 1 | 1 | 878 | $309 | 0.3 mi |
B 23686 Scenic Sold | $300,000 | 2 | 1 | 1,088 | $276 | 0.4 mi |
C 23874 Zuger Drive Sold | $270,000 | 3 | 2 | 1,100 | $245 | 0.5 mi |
D 1023 Mercury Active | $219,900 List Price | 2 | 1 | 816 | $269 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947, this property retains most of its original vintage features, including a highly dated kitchen and bathrooms with 30-50+ year old finishes. The listing explicitly states the home needs TLC and modern updates, positioning it as a rehab project for contractors or investors.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7700, living area = 910.
The property features a flat backyard, which is a highly sought-after and rare commodity in mountain communities, providing versatile space for gardening, entertaining, or future expansion.
Equipped with a whole-house generator and a separate insulated shed used as a music studio, the home offers functional utility and creative space that exceeds standard cabin offerings.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
The home is explicitly noted as needing 'TLC' and modern updates, indicating that buyers will need to budget for immediate capital expenditures and labor to bring the property to modern standards.
With only 910 square feet of living space distributed across three bedrooms, the interior layout may feel cramped and offers limited room for larger furniture or storage.
Welcome to your mountain escape! Nestled in the serene community of Crestline, this cozy home offers the perfect blend of mountain charm, vintage cabin living, and incredible outdoor space ~ The living room features a stunning, historic fireplace sourced from an old ship; a true conversation starter and the perfect way to spend those cold nights ~ Unique features include an open floor plan layout, a two-car garage, a generator that powers the whole house, a separate insulated shed used as a music studio, and a flat backyard ~ Whether you want to host summer barbecues, build an epic deck, create a playground, or grow a garden, the outdoor space here is an absolute rare gem! ~ The home needs some TLC and modern updates, making it the perfect opportunity for contractors, investors, or DIY enthusiasts looking to customize a vintage cabin just 5 minutes from Lake Gregory!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 910 | 1,351 | 13% |
| Lot Size | 7,700 | 7,020 | 56% |
| Price | $299.9K | $369.5K | 15% |
| Price per sq ft | $330 | $281 | 78% |
| Built year | 1947 | 1964 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 161 | 1% |
May 21, 2026
$299,900
Initial Listing
Oct 30, 1996
$74,000
Public Record