
Crestline, California 92325
This Mountain Retreat is a High-Potential Investment Opportunity, listed at $550,000—positioned well above the $488,299 Fair Market Value by -12%. While priced above current estimates, the property features a Condition Rating of 3, highlighted by a Generac whole-house generator, new 14mm hardwood flooring, and newly completed oversized decks. Its open-concept layout and proximity to Lake Gregory offer significant lifestyle appeal. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained, move-in ready mountain escape.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24032 Alpine Drive Subject | $550,000* List Price | 3 | 2 | 1,759 | $278 | - |
A 385 Wylerhorn Sold | $465,000 | 4 | 3 | 1,902 | $244 | 0.7 mi |
B 23950 Bowl Rd Sold | $459,000 | 4 | 2 | 2,028 | $226 | 0.1 mi |
C 23988 Scenic Sold | $407,000 | 3 | 2 | 1,274 | $319 | 0.0 mi |
D 24646 Lake Gregory Sold | $415,000 | 4 | 2 | 1,530 | $271 | 0.8 mi |
E 242 Weisshorn Drive Sold | $568,000 | 3 | 3 | 1,756 | $323 | 0.7 mi |
F 24194 Zurich Sold | $435,000 | 2 | 3 | 1,404 | $310 | 0.4 mi |
G 23771 Zuger Dr Active | $415,000 List Price | 3 | 2 | 1,872 | $222 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1962 and the kitchen and bathrooms remain dated, the property is exceptionally well-maintained and move-in ready. Significant recent capital improvements include a brand-new 100-amp electrical panel, a whole-house generator, a new water heater, and 2023 exterior paint. The interior features new 14mm hardwood flooring and updated decking, elevating it above the 'Fair' category despite the age of the cabinetry.
The home features high-quality 14mm hardwood flooring, a new 100-amp electrical panel, and a Generac whole-house generator, offering modern reliability and reduced immediate maintenance costs for the buyer.
With two levels of open-concept living, a full bar, and expansive new redwood decks, the property is perfectly designed for hosting and maximizing the indoor-outdoor mountain lifestyle.
Situated on a county-maintained plowed road near Lake Gregory, the home ensures easy year-round accessibility and close proximity to local recreation, shops, and dining.
The property lacks a garage and offers off-street parking for only three vehicles, which may be a drawback for residents with multiple vehicles or recreational equipment.
At approximately 0.14 acres, the lot provides limited private yard space beyond the decking, which may not appeal to buyers seeking significant acreage or privacy.
Nestled in the heart of Crestline, just minutes from Lake Gregory, this beautifully maintained mountain retreat offers the perfect blend of comfort, versatility, and scenic living. Featuring 1,927 square feet of living space, this unique two-level home boasts an open-concept design on both floors, with 3 bedrooms, 2 bathrooms, and a bonus room ideal for a home office, storage, or potential 4th bedroom. The main level welcomes you with a spacious living room highlighted by a cozy fireplace, a well-appointed kitchen with a center island, and French doors leading to a wraparound deck perfect for entertaining and enjoying the peaceful mountain surroundings. Two bedrooms and a full bathroom complete this level. The lower level expands the living space with a second open-concept family room featuring a full bar, hearth-style fireplace, and direct access to a newly completed oversized deck. This level also includes the primary suite, bonus room, and a large laundry room with a folding station. Thoughtful upgrades and features include 14mm hardwood flooring throughout, plantation shutters, a new water heater, a Generac whole-house generator, and a brand-new 100-amp electrical panel. Situated on a .14-acre lot with mountain ridge views, the property offers off-street parking for up to three vehicles and is conveniently located on a county-maintained, plowed road. The exterior was freshly painted in 2023, showcasing a striking midnight blue color palette with white trim and beautifully stained redwood decks. A discreetly positioned Tuff Shed provides additional storage beneath the decking. This cherished Alpine Village home offers an ideal opportunity as a primary residence, vacation getaway, or investment property. Enjoy close proximity to Lake Gregory's beach, water park, fishing, trails, bowling alley, restaurants, antique shops, the historic St. Moritz Lodge, modern library, and the beloved Goodwin's Market. With easy commuter access and the ability to reach the valley in approximately 20 minutes, this mountain escape truly offers the best of both worlds.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,759 | 1,310 |
| Lot Size | 6,050 | 6,950 |
| Price | $550.0K | $385.7K |
| Price per sq ft | $313 | $283 |
| Built year | 1962 | 1966 |
| HOA | $0 | $0 |
| Days on market | 40 | 82 |
Jun 12, 2026
$550,000
Initial Listing
Apr 12, 2024
$525,000
Public Record
Sep 16, 2021
$350,000
Public Record
Dec 12, 1997
$64,000
Public Record