
Crestline, California 92325
This Value-Add Mountain Asset is listed at $460,000, representing a stable valuation relative to its $446,250 Fair Market Value. Holding a Condition Rating of 4, the residence features dated 1970s systems and original finishes, offering a significant opportunity for forced appreciation through strategic modernization. The property’s strength lies in its rare 0.39-acre double lot and high-capacity 4-bedroom, 3-bathroom layout, providing superior privacy and rental potential within the Rim of the World district. Boasting scenic mountain views near Lake Gregory, this is a strategic acquisition for Value-Add Investors or Owner-Occupants looking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24514 Albrun Subject | $460,000* List Price | 4 | 3 | 1,600 | $279 | - |
A 24308 N Albrun Drive Sold | $500,000 | 4 | 3 | 1,944 | $257 | 0.3 mi |
B 24293 Horst Drive Sold | $380,000 | 2 | 2 | 1,440 | $264 | 0.6 mi |
C 1100 Arbula Drive Sold | $454,000 | 3 | 3 | 2,226 | $204 | 0.7 mi |
D 24166 Cresta Active | $499,000 List Price | 4 | 3 | 1,680 | $297 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, the home is over 45 years old and retains many original features including wood paneling, popcorn ceilings, and wall-mounted heating units. While the kitchen has been partially updated with newer appliances and the flooring appears to be recent laminate, the overall aesthetic and systems are dated, requiring minor repairs and cosmetic modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17125, living area = 1600.
The property sits on a rare 0.39-acre double lot, providing significantly more privacy and outdoor space than typical mountain parcels in the area.
Featuring 4 bedrooms and 3 bathrooms plus a bonus room, this home offers a versatile and high-capacity layout ideal for large families or vacation rental potential.
With over 220 days on the market and multiple price reductions, the property has struggled to find a buyer, which may suggest a need for further price adjustments or underlying buyer concerns.
Built in 1976, the home may require ongoing maintenance or upgrades to older mechanical systems and structural elements common in mountain properties of this era.
PRICE REDUCTION!!!Charming 4-bedroom, 3-bath mountain home offering approximately 1,600 sq ft on a rare double lot (.39 acres) surrounded by mature trees. The open-concept living area features large windows, a wood-burning fireplace, and an updated kitchen with breakfast bar. Enjoy beautiful San Bernardino Mountain views from the spacious deck. Includes a detached tandem garage, bonus room, and extra cul-de-sac parking. Conveniently located near Lake Gregory, hiking, shops, and dining.
No exterior & parking available.
Grades K-5 • 2.4 mi
Grades K-8 • 3.7 mi
Grades 6-8 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 79% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 1,600 | 1,378 | 62% |
| Lot Size | 17,125 | 6,825 | 88% |
| Price | $460.0K | $365.0K | 74% |
| Price per sq ft | $288 | $267 | 58% |
| Built year | 1976 | 1965 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 224 | 211 | 59% |
Apr 18, 2026
$460,000
$465,000
-1% Price Drop
Initial Listing
Mar 5, 2026
$465,000
$484,000
-4% Price Drop
Initial Listing
Jan 9, 2026
$484,000
$485,000
+0% Price Increase
Initial Listing
Sep 10, 2025
$485,000
Initial Listing