
Crestline, California 92325
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $550,000—positioned well above the $491,019 Fair Market Value. While priced at a premium, the property features an Excellent Condition Rating due to significant capital improvements, including a Generac whole-house generator, 14mm hardwood flooring, and a new electrical panel. With its versatile dual-level layout and wraparound deck offering scenic ridge views, this home provides immediate lifestyle benefits. It is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or Vacation Rental Investors.
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 | $279 | - |
A 24445 San Moritz Drive Sold | $659,000 | 4 | 4 | 1,980 | $333 | 0.5 mi |
B 298 Weisshorn Sold | $492,000 | 3 | 2 | 1,536 | $320 | 0.7 mi |
C 385 Wylerhorn Sold | $465,000 | 4 | 3 | 1,902 | $244 | 0.7 mi |
D 23988 Scenic Sold | $407,000 | 3 | 2 | 1,274 | $319 | 0.0 mi |
E 23950 Bowl Rd Sold | $459,000 | 4 | 2 | 2,028 | $226 | 0.1 mi |
F 24194 Zurich Sold | $435,000 | 2 | 3 | 1,404 | $310 | 0.4 mi |
G 1044 Nesthorn Drive Sold | $420,000 | 4 | 3 | 1,410 | $298 | 0.9 mi |
H 24646 Lake Gregory Sold | $415,000 | 4 | 2 | 1,530 | $271 | 0.8 mi |
I 23992 Lakeview Dr. Active | $449,000 List Price | 3 | 2 | 1,872 | $240 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1962 build date, the property is in well-maintained, move-in ready condition due to significant recent capital improvements. Key system upgrades include a brand-new 100-amp electrical panel, a new water heater, and a whole-house Generac generator. The interior features updated 14mm hardwood flooring and plantation shutters, while the exterior was refreshed in 2023 with new paint and stained redwood decks.
The property features high-value improvements including a Generac whole-house generator, a new 100-amp electrical panel, and 14mm hardwood flooring, providing modern reliability in a mountain setting.
With open-concept living areas on both floors, a full bar, and a bonus room, the floor plan offers excellent flexibility for multi-generational living or a high-potential short-term rental.
Located on a county-maintained, plowed road just minutes from Lake Gregory, the home ensures easy year-round access and a convenient 20-minute commute to the valley.
The 0.14-acre lot is relatively compact for a mountain retreat, which may limit outdoor privacy and space for significant expansion or large-scale landscaping.
Originally built in 1962, the home may still possess some original structural elements or insulation standards that require more maintenance than a modern build despite recent cosmetic updates.
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 | 1,278.077 |
| Lot Size | 6,050 | 6,910.923 |
| Price | $550.0K | $363.9K |
| Price per sq ft | $313 | $276 |
| Built year | 1962 | 1964 |
| HOA | $0 | $250 |
| Days on market | 89 | 72 |
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