
Crestline, California 92325
This Turnkey Mountain Retreat is a Strong Value Opportunity, listed at $389,000—positioned well below the $411,208 Fair Market Value by 5%. This valuation gap offers $22,208 in Instant Equity for buyers. Boasting a Condition Rating of 3, the property features a remodeled kitchen, lake views, and an EV charging station. Located in the Rim of the World district near Lake Gregory, it offers proven rental income potential and modern upgrades. This is an ideal opportunity for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24556 Geneva Drive Subject | $345,000* List Price | 4 | 2 | 1,360 | $254 | - |
A 1044 Nesthorn Drive Sold | $420,000 | 4 | 3 | 1,410 | $298 | 0.3 mi |
B 24722 Bernard Drive Sold | $390,000 | 4 | 3 | 1,632 | $239 | 0.5 mi |
C 24738 Nestal Court Sold | $335,000 | 3 | 2 | 1,482 | $226 | 0.3 mi |
D 24096 Altdorf Sold | $375,000 | 2 | 2 | 1,350 | $278 | 0.6 mi |
E 24035 Alpine Sold | $350,000 | 3 | 2 | 1,300 | $269 | 0.7 mi |
F 24646 Lake Gregory Sold | $415,000 | 4 | 2 | 1,530 | $271 | 0.2 mi |
G 695 Arth Drive Sold | $350,000 | 3 | 2 | 1,320 | $265 | 0.5 mi |
H 905 Jungfrau Sold | $360,000 | 2 | 2 | 1,140 | $316 | 0.1 mi |
I 24379 Horst Active | $429,000 List Price | 4 | 2 | 1,600 | $268 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1977 but features a recently updated kitchen with stainless steel appliances and remodeled bathrooms. The property is move-in ready and turnkey with modern upgrades like EV charging, placing it in the 5-15 year renovation window for a well-maintained older home.
Situated less than a mile from Lake Gregory, this property offers desirable lake views and immediate access to local recreation, significantly boosting its appeal for both vacationers and residents.
The home comes fully furnished with a remodeled kitchen and bathrooms, plus high-end extras like a private Jacuzzi, sauna, and EV charging station, making it move-in or rental-ready.
With a successful history as both a short-term and long-term rental, this versatile property offers strong income potential in a highly sought-after mountain community.
The property features multiple stairways throughout, which may pose accessibility challenges for some buyers or limit the appeal for those seeking single-level living.
Built in 1977, the home is noted as an older structure, which may require more frequent maintenance or future updates compared to newer builds in the area.
PRICE REDUCED BY $44,000! Welcome to your mountain retreat in the heart of Crestline! This charming, fully furnished cabin seamlessly blends rustic warmth with thoughtful interior modern upgrades. Nestled less than a mile from Lake Gregory, this turnkey property offers lake views and easy access to local dining, shopping, hiking trails, and year-round outdoor recreation including boating, fishing, and scenic nature walks. Inside, you will find a versatile layout featuring three bedrooms plus a flexible fourth room ideal for a home office, game room, guest suite, or additional living space. The kitchen and bathrooms have been modernized with clean, contemporary finishes, and the home features a cozy indoor fireplace for cool mountain evenings. The property also comes equipped with an electric vehicle charging setup for added modern convenience. Step outside to enjoy the mountain air with a covered carport that is invaluable during winter weather, a cozy fire pit area, and a dedicated charcoal BBQ setup for open-air dining. Outdoor relaxation is taken to the next level with your own private Jacuzzi spa and sauna. This property brings incredible investment potential with a proven history of operation as both a short-term rental and a long-term rental, including a current list of interested tenants looking to lease at approximately $2,700 per month. Please note that this is a character-rich older home that has undergone interior remodels, but still needs some love—including exterior updates and navigating multiple stairways throughout the interior and exterior. This presents an outstanding opportunity for buyers to personalize the property and build immediate equity at this newly reduced price point. Financing Terms: Conventional loans or cash offers only (no VA, FHA or first-time homebuyer programs).
No exterior & parking available.
Grades K-5 • 2.3 mi
Grades K-8 • 3.5 mi
Grades 6-8 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,360 | 1,278.077 |
| Lot Size | 7,200 | 6,910.923 |
| Price | $345.0K | $363.9K |
| Price per sq ft | $254 | $276 |
| Built year | 1977 | 1964 |
| HOA | $0 | $250 |
| Days on market | 128 | 72 |
Aug 20, 2026
$345,000
$369,000
-7% Price Drop
Initial Listing
Jul 24, 2026
$369,000
$389,000
-5% Price Drop
Initial Listing
May 4, 2026
$389,000
Initial Listing
Oct 28, 2020
$304,500
Public Record
Jul 23, 1998
$86,000
Public Record