
Crestline, California 92325
This 4-Bedroom Lakeview Retreat is a Strong Value Opportunity, listed at $599,000—positioned well below the $564,942 Fair Market Value by 6%. Featuring a Condition Rating of 4, the home offers modern infrastructure like newer HVAC and roof, while providing room for cosmetic updates to drive appreciation. With a massive deck, level entry, and parking for 5+ cars, it is a prime candidate for short-term rentals. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a mountain lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24526 Horst Drive Subject 4 bd · 4 ba · 2,232 sqft · $253 | $599,000* List Price | 4 | 4 | 2,232 | $253 | - |
A 24183 Wabern Drive Sold 5 bd · 3 ba · 2,082 sqft · $226 · 0.6 mi | $470,000 | 5 | 3 | 2,082 | $226 | 0.6 mi |
B 24445 San Moritz Drive Sold 4 bd · 4 ba · 1,980 sqft · $333 · 0.1 mi | $659,000 | 4 | 4 | 1,980 | $333 | 0.1 mi |
C 24686 Altdorf Sold 4 bd · 3 ba · 2,098 sqft · $206 · 0.7 mi | $431,500 | 4 | 3 | 2,098 | $206 | 0.7 mi |
D 24571 Geneva Sold 3 bd · 3 ba · 1,822 sqft · $329 · 0.3 mi | $600,000 | 3 | 3 | 1,822 | $329 | 0.3 mi |
E 385 Wylerhorn Sold 4 bd · 3 ba · 1,902 sqft · $244 · 0.5 mi | $465,000 | 4 | 3 | 1,902 | $244 | 0.5 mi |
F 25152 Valle Drive Sold 3 bd · 3 ba · 2,296 sqft · $292 · 0.6 mi | $670,000 | 3 | 3 | 2,296 | $292 | 0.6 mi |
G 24502 Albrun Court Sold 3 bd · 3 ba · 1,944 sqft · $291 · 0.6 mi | $565,000 | 3 | 3 | 1,944 | $291 | 0.6 mi |
H 24622 Bernard Sold 4 bd · 4 ba · 2,385 sqft · $212 · 0.5 mi | $505,000 | 4 | 4 | 2,385 | $212 | 0.5 mi |
I 24899 Basel Active 3 bd · 2 ba · 2,200 sqft · $250 · 0.5 mi | $550,000 List Price | 3 | 2 | 2,200 | $250 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982 (>40 years old), the home is well-maintained but dated, featuring original-style wood cabinetry and tile countertops in the kitchen. While systems like the HVAC, roof, and windows are newer, and bathrooms have received minor updates (vanities/toilets), the overall interior aesthetic and age necessitate modernization to move beyond the fair category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11290, living area = 2232.
Situated within walking distance to Lake Gregory, the home features a massive deck with seasonal lake views, offering a quintessential mountain retreat experience.
The property boasts a rare level entry and extensive parking capacity for over seven vehicles, including a two-car garage, which is highly desirable in mountain terrain.
With 142 days on the market and a recent price reduction, the property may be struggling with perceived value or a lack of buyer urgency in the current market.
The assigned elementary school carries a low rating of 3/10, which could limit the property's appeal to families prioritizing high-performing educational districts.
Welcome to our level entry Lakeview home in the best Crestline neighborhood. Just a few minutes walk to beautiful Lake Gregory from this 4 Bedroom - 4 Bath retreat including a Master Suite on the main! Living Room has knotty pine wood ambiance with vaulted ceiling and brick fireplace w/ Gas Insert & Remote control. Open floor plan w/ Formal Ding Room and Kitchen with some updated appliances. Massive Deck outside L.R. where the lakeview is great during the summer and even bigger in the winter after the leaves fall. 3 more Bedrooms surround a Family room below with more knotty pine walls and a full Bath. 1/2 Bath in one Bedroom. Laundry closet with louvered doors. Vinyl floors throughout except carpet in Bedrooms. Tiled Entry, Kitchen and Bath floors. New low flow toilets, faucets and Bathroom vanities. This property has never been an Airbnb but what a wonderful one it would be. Large 11,290 sq ft lot w/ level entry to driveway parking for 5 or more cars in addition to the 2 car garage. Newer garage door, roof, air conditioning and forced air heating. Mostly newer dual pane windows. Motion detector lights in key locations. Home built by Skip Kawell.
No exterior & parking available.
Grades K-5 • 2.2 mi
Grades K-8 • 3.5 mi
Grades 6-8 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.8 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,232 | 1,239.477 |
| Lot Size | 11,290 | 6,761.744 |
| Price | $599.0K | $366.6K |
| Price per sq ft | $268 | $277 |
| Built year | 1982 | 1964 |
| HOA | $0 | $250 |
| Days on market | 147 | 76 |
Sep 2, 2026
$599,000
$619,000
-3% Price Drop
Initial Listing
May 30, 2026
$619,000
Initial Listing
Jul 25, 2022
$599,000
Public Record