
Crestline, California 92325
This Turnkey Mountain Retreat is listed at $460,000, representing a stable investment positioned near its $449,361 Fair Market Value. Boasting an Excellent Condition Rating, the residence features high-end 2022 upgrades including a new roof, 200 AMP electrical panel with EV charging, and a modernized granite kitchen. Located in the Rim of the World district steps from Lake Gregory, the property includes an active STR permit and comes fully furnished with exceptional guest ratings. This is a strategic acquisition for Vacation Home Buyers or Short-Term Rental Investors seeking a move-in-ready lifestyle asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24719 Valle Subject | $460,000* List Price | 3 | 2 | 1,176 | $378 | - |
A 1062 Lausanne Drive Sold | $345,000 | 3 | 1 | 1,020 | $338 | 0.3 mi |
B 508 Dart Canyon Sold | $358,000 | 2 | 2 | 1,028 | $348 | 0.6 mi |
C 24950 Highland Drive Sold | $345,000 | 2 | 2 | 924 | $373 | 0.5 mi |
D 24657 Bernard Sold | $486,000 | 2 | 1 | 960 | $506 | 0.3 mi |
E 328 Wylerhorn Drive Sold | $475,000 | 3 | 2 | 1,507 | $315 | 1.0 mi |
F 905 Jungfrau Active | $360,000 List Price | 2 | 2 | 1,140 | $316 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1974, the property qualifies for an excellent rating due to extensive renovations completed within the last 5 years. Significant upgrades include a brand-new roof (2022), a fully upgraded 200 AMP electrical panel with an EV charging outlet (2022), and a modernized kitchen featuring granite countertops and new appliances. The interior is freshly painted, features updated flooring and fixtures, and includes modern smart-home monitoring systems, making it a fully turn-key property with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11220, living area = 1176.
The property is a proven income generator with an active short-term rental permit, exceptional ratings (9.8/10 on VRBO), and comes fully furnished for immediate operation.
Extensive recent improvements include a new roof (2022), upgraded 200 AMP electrical service, an EV charging outlet, and a backup power generator system, reducing immediate capital expenditure.
The assigned elementary school has a rating of 3/10, which may decrease the property's appeal to primary-residence buyers with young children.
With only 1,176 square feet distributed across three bedrooms, the living spaces may feel crowded when hosting the maximum permitted occupancy of eight guests.
Escape to your private mountain oasis at this cozy and serene cabin located in the picturesque Lake Gregory community, just 15 minutes away from Lake Arrowhead. Perfect for those seeking relaxation or adventure, this beautifully updated cabin offers a peaceful getaway while being just minutes from the lake, historic San Moritz Lodge, and local amenities. Cabin is perfect for personal use and an additional source of income with an approved active short-term rental(STR) permit. Property features 3 bedrooms and 2 baths, updated granite countertop kitchen with new appliances, new washer and dryer in dedicated laundry space, brand new roof installed 2022 with permits, new 200 AMP electrical circuit breaker PLUS car charging outlet in driveway (2022) with permit, power generator outlet (2022), approved for Short Term Rental (STR) permit for a max occupancy of 8 persons, cement paved front deck and back patio with dog kennel and fenced-in outdoor space with plenty of room to expand overlooking the creek. The driveway is paved and level with the street, making parking easy and maintenance-free. The interior is freshly painted with year-round easy access from the city road and an easy walk to the nearby lake. The home is turn-key ready with furniture, security cameras, keyless door entry, water & temperature monitoring systems for easy mountain living. This property currently has these ratings for VRBO(9.8/10 150+ reviews)/AirBNB (4.9/5.0 20+ reviews) and can immediately be operated as a Short Term Rental(STR) by the new owners.
No exterior & parking available.
Grades K-5 • 2.5 mi
Grades K-8 • 3.4 mi
Grades 6-8 • 3.5 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 | 1,176 | 1,368 | 38% |
| Lot Size | 11,220 | 6,750 | 80% |
| Price | $460.0K | $365.0K | 74% |
| Price per sq ft | $391 | $268 | 90% |
| Built year | 1974 | 1965 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 210 | 7% |
Mar 1, 2026
$460,000
Initial Listing
Mar 17, 2022
$435,000
Public Record
Jun 30, 2005
$142,500
Public Record