
Crestline, California 92325
This Turnkey Lakeside Retreat is a High-Potential Investment Opportunity, listed at $595,000—positioned slightly above the $569,050 Fair Market Value. Despite the premium, the property maintains a Mint Condition Rating following significant recent renovations, including a spa-like bathroom and updated kitchen. Featuring soaring vaulted ceilings, a massive wrap-around deck, and panoramic lake views, this asset is optimized for short-term rental performance. With its flat, oversized driveway and proximity to Lake Gregory, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing vacation property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24674 Lake Subject | $595,000* List Price | 3 | 2 | 1,605 | $355 | - |
A 816 Chamois Drive Sold | $610,000 | 3 | 3 | 1,495 | $408 | 0.9 mi |
B 24571 Geneva Sold | $600,000 | 3 | 3 | 1,822 | $329 | 0.7 mi |
C 24310 Altdorf Drive Sold | $510,000 | 3 | 2 | 1,552 | $329 | 0.7 mi |
D 242 Weisshorn Drive Sold | $568,000 | 3 | 3 | 1,756 | $323 | 0.6 mi |
E 441 Zermatt Drive Sold | $515,000 | 3 | 2 | 1,236 | $417 | 0.3 mi |
F 23919 Inspiration Sold | $420,000 | 3 | 2 | 1,434 | $293 | 0.9 mi |
G 605 Pyramid Active | $519,000 List Price | 4 | 3 | 1,621 | $320 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1959, the property has undergone significant recent renovations including a completely remodeled spa-like bathroom and an updated kitchen with contemporary finishes. The interior shows mint condition maintenance consistent with a high-performing short-term rental, featuring modern fixtures and finishes that appear to be less than 5 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10600, living area = 1605.
Situated directly across from Lake Gregory, this property offers exceptional water views and immediate access to premier outdoor recreation including fishing, kayaking, and hiking.
The home seamlessly blends classic chalet architecture with contemporary updates, featuring soaring open-beam ceilings, a dramatic wall of windows, and a fully renovated kitchen and spa-like bathroom.
The property was recently sold within the past year on 2025-08-08. The sold price is $499,000.00.
Built in 1959, the property may have underlying maintenance requirements or aging systems typical of mid-century mountain homes that were not addressed in recent cosmetic renovations.
The local elementary school carries a lower performance rating (3/10), which could limit the property's appeal to families looking for a primary residence with high-performing local education.
Welcome to your ultimate lake view and lakeside escape across the way from Lake Gregory. This active Short-Term Rental seamlessly marries classic mountain aesthetics with mid-century modern chalet architecture, delivering the quintessential California mountain lifestyle. Featuring three spacious bedrooms, including a convenient main-level bedroom and a fun, oversized bunk room perfect for hosting family and guests, this home is designed to accommodate both relaxation and adventure. Step inside to an open-concept main floor characterized by soaring vaulted open-beam ceilings and an expansive, dramatic wall of windows that floods the space with natural light while framing views of the water. The heart of the home flows directly into a beautifully updated kitchen equipped with contemporary finishes, seamlessly transitioning into the primary living areas and a completely renovated upstairs bathroom designed for a spa-like feel. Outdoor living is elevated by a massive wrap-around entertainment deck, providing the perfect venue for morning coffee or evening gatherings against a backdrop of tranquil lake scenery. Functionality abounds with generous closet storage throughout the home, supplemented by an oversized lower-level storage room that conveniently houses the laundry area. Unlike many mountain properties, parking is effortless here, featuring an expansive, flat driveway with ample space for multiple guest vehicles. Located just steps from the shoreline, this vibrant retreat offers immediate, front-door access to premium outdoor recreation, including premier fishing, kayaking, paddle boarding, and local hiking trails. Don't miss this rare opportunity to own a high-performing lakeside vacation property in the heart of Crestline.
No exterior & parking available.
Grades K-5 • 2.3 mi
Grades 6-8 • 3.3 mi
Grades K-8 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,605 | 1,344 | 66% |
| Lot Size | 10,600 | 6,976 | 79% |
| Price | $595.0K | $360.0K | 88% |
| Price per sq ft | $371 | $282 | 88% |
| Built year | 1959 | 1964 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 179 | 1% |
May 30, 2026
$595,000
Initial Listing
Aug 8, 2025
$499,000
Public Record
Dec 19, 2013
$229,000
Public Record