
Crestline, California 92325
This Versatile Mountain Residence is a Strong Value Opportunity, listed at $525,000—positioned well below the $560,294 Fair Market Value by 6%. This valuation gap provides $35,294 in Instant Equity. Boasting a Good Condition Rating, the 2006-built home features a finished basement with a kitchenette for rental income, a dedicated private office, and scenic mountain decks. Located in the Rim of the World district near Lake Gregory, it offers a turnkey lifestyle with all furniture included. This is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24622 Bernard Subject | $499,900* List Price | 4 | 4 | 2,385 | $220 | - |
A 23950 Bowl Rd Sold | $459,000 | 4 | 2 | 2,028 | $226 | 1.0 mi |
B 24646 Lake Gregory Sold | $415,000 | 4 | 2 | 1,530 | $271 | 0.1 mi |
C 24342 Bernard Drive Sold | $385,000 | 4 | 4 | 1,857 | $207 | 0.5 mi |
D 24259 Zurich Drive Sold | $555,000 | 5 | 3 | 2,280 | $243 | 0.8 mi |
E 24540 Horst Sold | $642,665 | 5 | 4 | 3,263 | $197 | 0.4 mi |
F 920 Arbula Active | $540,000 List Price | 3 | 3 | 2,320 | $233 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property is well within the 10-20 year age range for a 'good' rating and appears move-in ready. The kitchen is functional with updated stainless steel appliances and granite countertops, though the cabinetry reflects the original build style. The home features a mix of laminate wood-look flooring and well-maintained carpets, along with modern updates like a new heat pump water heater and a finished basement. Overall, the systems and finishes show minimal wear and tear, consistent with a well-maintained, turnkey mountain home.
The finished basement features a separate bedroom, bathroom, and kitchenette, providing excellent flexibility for guest quarters or potential rental income.
This 2006-built home is offered fully furnished with all appliances included, representing a significant cost saving and a seamless move-in experience.
With a dedicated private office, two additional office nooks, and a versatile loft, the floor plan is perfectly optimized for professionals working from home.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2385, other record living area = 2036. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
While the property offers multiple decks, the lake and valley views are described as partial and peek-a-boo, which may not satisfy buyers seeking expansive vistas.
The assigned elementary school carries a lower performance rating (3/10), which could be a drawback for families prioritizing high-ranking educational districts.
Priced to move! 4-bedroom + office + loft home in the highly desirable Arrowhead Highlands neighborhood, where classic mountain charm meets thoughtful modern updates. This well maintained property offers partial valley and peek-a-boo Lake Gregory views, plus spacious decks off every level. The main house boasts 3 generous bedrooms with ample closet space, a versatile loft/bonus room upstairs, two convenient office nooks adjacent to the loft, a dedicated office (with door) just off the kitchen, and 2.5 bathrooms—including a jetted tub in the primary suite. The finished basement provides an additional bedroom, bathroom and kitchenette; adding flexibility for guests, family, or rental income. Pride of ownership shines throughout with premium features like an extra-tall garage, abundant pantry storage, a new heat pump water heater, and a permanent natural gas line to a weber BBQ (included) on the deck. Appliances and furniture convey at no additional cost. Conveniently located just minutes from the excitement of Lake Gregory, Lake Arrowhead, and Santa's Village, this home delivers easy access to boating, wakeboarding, hiking, skiing, snowboarding, winter fun, shopping, and dining—without sacrificing peaceful, tree-lined privacy. Don't miss your chance to own this turnkey gem.
No exterior & parking available.
Grades K-5 • 2.5 mi
Grades K-8 • 3.4 mi
Grades 6-8 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 79% |
| Baths | 4.0 | 2.0 | 92% |
| Square foot | 2,385 | 1,376 | 88% |
| Lot Size | 7,100 | 6,750 | 53% |
| Price | $499.9K | $365.0K | 80% |
| Price per sq ft | $210 | $267 | 20% |
| Built year | 2006 | 1965 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 210 | 1% |
Apr 14, 2026
$499,900
$525,000
-5% Price Drop
Initial Listing
Apr 6, 2026
$525,000
Initial Listing
Aug 9, 2021
$487,000
Public Record
Sep 18, 2017
$345,000
Public Record
Jan 27, 2006
$25,000
Public Record
Feb 13, 2001
$13,500
Public Record