24691 Edelweiss Drive, Crestline, California 92325, Crestline, 92325 - 2 bed, 2 bath
24691 Edelweiss Drive
Crestline, California 92325
Property Price
SUMMARY
Analysis of 24691 Edelweiss Drive, Crestline, California 92325 reveals a Prime Investment Opportunity with a current list price of $290,000—significantly undercutting the $308,058 Fair Market Value by 5%. This valuation gap indicates a +$18,058 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Crestline Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24691 Edelweiss Drive Subject | $290,000* List Price | 2 | 2 | 1,194 | $258 | - |
A 302 Darfo Drive Sold | $300,000 | 2 | 2 | 1,208 | $248 | 0.2 mi |
B 414 Cross Drive Sold | $345,000 | 2 | 1 | 1,101 | $313 | 0.6 mi |
C 724 Arosa Pending | $299,900 List Price | 3 | 3 | 1,340 | $224 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1965, this mid-century cabin is largely in original condition and requires 'TLC' as explicitly stated in the listing. The kitchen and bathrooms are dated, featuring older cabinetry, vintage tile work, and aging appliances. While the home appears well-maintained enough to be habitable, the flooring, light fixtures, and interior finishes show significant wear and stylistic obsolescence, necessitating modernization and minor repairs to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Recreational Location
Situated just a five-minute walk from Lake Gregory, the property offers immediate access to fishing, boating, and swimming, making it an ideal vacation destination.
- High Investment Potential
The split-level design features separate entrances and living areas on both floors, providing a unique opportunity to maximize rental income through dual Airbnb listings.
- Scenic Mountain Views
The home features a spacious deck with expansive views of the mountains and high desert, capturing beautiful sunsets and enhancing the 'peaceful retreat' atmosphere.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The property is explicitly noted as needing 'TLC,' suggesting that immediate capital investment will be required for repairs and modernization to reach its full market value.
- Dated Infrastructure
As a 1965 mid-century build, the home likely requires updates to its original systems and finishes to meet modern standards for comfort and efficiency.
About 24691 Edelweiss Drive
Charming classic mid century home in the Little Switzerland neighborhood of Crestline. Five minutes walk to Lake Gregory for fishing, paddle boarding, boating and swimming. Two car garage. Split level home with opportunity to divide and Airbnb both levels. Upstairs features two bedrooms, full bath. Open plan kitchen, dining/living room with gas or wood burning fireplace. Deck with excellent views of the mountains, high desert and beautiful sunsets. Downstairs features a large room with on suite three quarter bath and a rear studio/workshop area. French doors lead to front yard. Top priority roadway for snow clearing by the county. Home needs some TLC and has huge potential to create a calm and peaceful retreat from the city.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 5,370 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 34% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,194 | 1,300 | 44% |
| Lot Size | 5,370 | 6,600 | 35% |
| Price | $290.0K | $358.2K | 25% |
| Price per sq ft | $243 | $273 | 32% |
| Built year | 1965 | 1966 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 220 | 1% |
Pricing History
Listed for Sale
Jan 29, 2026
$290,000
Initial Listing