
Crestline, California 92325
This Mountain Retreat is a Strong Value Opportunity, listed at $695,000—positioned well above the $631,967 Fair Market Value by 9%. While priced at a premium, the property features a Good Condition Rating and significant infrastructure upgrades, including a 22 kW whole-house generator, PEX repiping, and central air conditioning. With panoramic Lake Gregory views and expansive decking, this home offers a turnkey lifestyle for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality, move-in ready mountain sanctuary with excellent rental potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24340 Wabern Subject | $695,000* List Price | 3 | 2 | 1,824 | $346 | - |
A 242 Weisshorn Drive Sold | $568,000 | 3 | 3 | 1,756 | $323 | 0.3 mi |
B 441 Zermatt Drive Sold | $515,000 | 3 | 2 | 1,236 | $417 | 0.1 mi |
C 24571 Geneva Sold | $600,000 | 3 | 3 | 1,822 | $329 | 0.8 mi |
D 24502 Albrun Court Sold | $565,000 | 3 | 3 | 1,944 | $291 | 1.0 mi |
E 24310 Altdorf Drive Sold | $510,000 | 3 | 2 | 1,552 | $329 | 0.6 mi |
F 25152 Valle Drive Sold | $670,000 | 3 | 3 | 2,296 | $292 | 1.0 mi |
G 25089 Moon Sold | $490,000 | 3 | 3 | 1,464 | $335 | 1.0 mi |
H 404 Darfo Sold | $790,000 | 5 | 4 | 2,486 | $318 | 0.4 mi |
I 24288 Zurich Drive Active | $525,000 List Price | 4 | 4 | 1,657 | $317 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1965, the property is well-maintained and move-in ready. It features significant system upgrades including a full PEX repipe (2015), whole-house AC, and a 22 kW generator. The presence of newer windows and laminate flooring aligns with the 5-15 year renovation criteria for a 'Good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7325, living area = 1824.
The property offers exceptional, unobstructed views of Lake Gregory and the surrounding mountains from both levels, significantly increasing its desirability as a premium mountain retreat.
Rare for the area, the home includes a 22 kW whole-house generator, full PEX repiping, and central air conditioning, providing modern reliability and comfort in a mountain setting.
The reliance on concrete stairs to access the home from the parking area may pose accessibility challenges for individuals with limited mobility or during icy winter conditions.
There is a notable discrepancy between the data-field square footage (1,824) and the described living space (2,526), which may require appraisal verification to confirm actual value.
Welcome to your mountain retreat with breathtaking panoramic views of Lake Gregory and the surrounding mountains. This beautifully maintained home is listed as a 3 bedroom, but is set up as a 4 bedroom, 2-bath home (tax records show 1.5, but there are 2 full bathrooms) and offers approximately 2,526 square feet of living space and is ideally located on the desirable north shore of the lake, where excellent sun exposure helps melt winter snow while providing spectacular year-round scenery from both levels. Designed to maximize the views, the home features open beam ceilings, five sliding glass doors, newer windows, and three spacious decks, including two overlooking the back and one in the front. The large family room is warmed by a cozy wood-burning stove, while the private primary suite on the lower level features its own fireplace, creating the perfect place to relax while enjoying the views. Laminate flooring flows throughout the home, and the main floor bathroom features a relaxing sunken tub. Thoughtful upgrades include whole-house air conditioning, a 22 kW whole-house generator, a complete PEX repipe completed in 2015, and a washer and dryer that are included. Outside, you’ll appreciate the parking area with decorative barn lights on both sides, concrete stairs leading from the parking area to the home, and additional concrete stairs providing access to the lower level from the backyard. A professional property survey will be provided to the buyer for added peace of mind. Whether you’re looking for a full-time family home, a weekend mountain retreat, or a property with excellent potential as a short-term vacation rental (buyer to verify local regulations and permitting requirements), this home truly has it all. Spectacular Lake Gregory and mountain views, generous indoor and outdoor living spaces, and quality upgrades throughout make this a rare opportunity to own one of Crestline’s exceptional view properties.
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 | 1,824 | 1,310 |
| Lot Size | 7,325 | 6,950 |
| Price | $695.0K | $385.7K |
| Price per sq ft | $381 | $283 |
| Built year | 1965 | 1966 |
| HOA | $0 | $0 |
| Days on market | 14 | 82 |
Jul 8, 2026
$695,000
Initial Listing
Aug 14, 2015
$285,000
Public Record