
Crestline, California 92325
This Spacious Mountain Residence is a Strong Value Opportunity, listed at $600,000—positioned well below the $640,247 Fair Market Value by 6%. This valuation gap provides $40,247 in Instant Equity. Boasting a Good Condition Rating, the home features a Modernized Granite Kitchen, Vaulted Ceilings, and a rare Level-Entry with a 2-Car Garage. The inclusion of a Separate 1-Bedroom ADU and 900 sqft of Decking with Forested Mountain Views enhances its utility within the Rim of the World district. This is an exceptional acquisition for Owner-Occupants seeking rental offset or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24048 Altdorf Subject | $600,000* List Price | 3 | 4 | 3,246 | $197 | - |
A 24540 Horst Sold | $642,665 | 5 | 4 | 3,263 | $197 | 0.7 mi |
B 23698 Scenic Drive Sold | $430,000 | 4 | 3 | 2,058 | $209 | 0.5 mi |
C 24583 Altdorf Drive Sold | $435,000 | 3 | 3 | 1,955 | $223 | 0.8 mi |
D 495 Zuger Court Active | $649,999 List Price | 5 | 4 | 3,504 | $186 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows evidence of significant updates that exceed its 1993 build date. The kitchen has been modernized with granite countertops, a center island with a gas range, and stainless steel appliances. The master suite features a renovated spa-like bathroom with a custom walk-in shower and soaking tub. While some stylistic choices like the dark-stained vaulted ceilings and painted stone fireplace reflect the home's age, the overall maintenance, updated flooring, and functional systems justify a 'good' rating.
At only $185 per square foot, this property represents the best value in the Crestline market, priced significantly lower than comparable homes of this size.
The home includes a separate 1-bedroom ADU/apartment with its own entrance, offering excellent potential for multi-generational living or rental income.
The property features a highly desirable level-entry and a two-car garage, which are rare and premium features for homes in this forested mountain terrain.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The expansive 3,200+ square foot structure and 900 square feet of decking in a forested environment will require significant ongoing maintenance and fire-clearance efforts.
Given the 1993 construction and the aggressive price point, some interior elements may require cosmetic updates to meet the expectations of modern luxury buyers.
Wow! What a wonderful and HUGE home in forested area of the Lake Gregory area. Featuring the all-important and rare "level-entry" and 2-car garage! Over 3200sq' AND a 1bdrm ADU or could be an incredible game-room and/or theatre room or double game room or home office & gym or or or... You're going to be amazed from the moment you walk in with the wood-vaulted ceiling, all the windows and the floor-ceiling 2-way wood burning fireplace! Enjoy 2 living areas or make one the "Billiards room" (why not??). Open floor plan with gorgeous kitchen in between dining nook and family room on the other side (or that could be an XL dining area for the whole crew.. opens out to 1 of 2 huge decks (900sq' of outdoor living space). Kitchen has awesome picture window to enjoy the forest views! Wait till you enter the master-retreat.. More then enough space and gorgeous spa-bath with spa-tub and custom walk in shower. Not done yet... Lower level features the 1-bdrm apartment with separate entrance! 2-family living or whatever you could possibly imagine. Don't forget the large green house (who needs to pay these crazy food prices.. grow your own!). All of this on a plowed/maintained road with public utilities & high-speed internet. Located just 1 mile to the Lake and the Awesome Goodwins "super" market with Juice bar, soda bar, home-made chocolates, Pizza and summer grill! If you need to head down the hill.. your just a 15 minute drive to the freeway. The facts are that this is by far the best value on the market.. At just $185/sq'.. this is the best priced house with garage and at this price/sq'. There are only 2 other homes in all of Crestline under $200/sq', one of them is $49k more and the other is 30% smaller and a fixer. This is incredible property and the price is the best you can get!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 92% |
| Square foot | 3,246 | 1,378 | 94% |
| Lot Size | 9,000 | 6,825 | 70% |
| Price | $600.0K | $365.0K | 90% |
| Price per sq ft | $185 | $265 | 11% |
| Built year | 1993 | 1965 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 210 | 1% |
Mar 28, 2026
$600,000
Initial Listing
Nov 26, 2012
$300,000
Public Record
Aug 24, 2010
$292,000
Public Record