24833 Matterhorn Court, Crestline, California 92325, Crestline, 92325 - 4 bed, 2 bath
Loading property details...
Crestline, California 92325
This Modernized A-Frame Retreat is a Prime Investment Opportunity, listed at $475,000—positioned well below the $492,143 Fair Market Value by 3%. This valuation gap offers $17,143 in Instant Equity. Boasting a Turnkey Condition Rating, the home features vaulted ceilings, a wraparound deck, and is already Short-Term Rental registered. Located near Lake Gregory within the Rim of the World district, it offers a seamless blend of mountain lifestyle and income potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a vacation getaway.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24833 Matterhorn Court Subject | $460,000* List Price | 4 | 2 | 1,740 | $271 | - |
A 24646 Lake Gregory Sold | $415,000 | 4 | 2 | 1,530 | $271 | 0.4 mi |
B 24502 Albrun Court Sold | $565,000 | 3 | 3 | 1,944 | $291 | 0.6 mi |
C 617 Acacia Sold | $463,500 | 5 | 3 | 2,395 | $194 | 0.4 mi |
D 24154 Bernard Sold | $369,405 | 3 | 3 | 1,596 | $231 | 0.9 mi |
E 1044 Nesthorn Drive Active | $439,900 List Price | 4 | 3 | 1,410 | $312 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1971, this property has undergone an extensive professional renovation within the last 5 years. The kitchen is fully modernized with stainless steel appliances, quartz countertops, and contemporary cabinetry. The bathrooms feature updated vanities and designer tile work. With new flooring, modern light fixtures, and a well-maintained exterior deck, the home meets current quality standards and is in turnkey, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8660, living area = 1740.
This classic A-frame features dramatic vaulted ceilings and exposed beams, having been thoughtfully remodeled to offer a move-in-ready blend of rustic charm and contemporary comfort.
The property is already registered for short-term rental use, providing a significant advantage for investors seeking a turnkey, income-producing mountain getaway without the typical permit hurdles.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1740, other record living area = 916. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The local elementary school carries a lower rating of 3/10, which may be a drawback for families looking to use the property as a primary residence.
The current list price of $475,000 is significantly lower than the 2022 sale price of $540,000, indicating a notable correction in value that may concern equity-focused buyers.
As spring arrives in the mountains, Crestline comes alive with fresh pine-scented air, bright sunshine, and endless opportunities to enjoy the outdoors. Tucked among the towering trees just under a mile from Lake Gregory, this classic A-frame retreat offers the perfect place to experience the season, whether you're starting the morning with coffee on the deck or heading out for a hike along nearby trails like Crestline Canyon, Heart Rock, or Strawberry Peak. Inside, the dramatic living space welcomes you with soaring vaulted ceilings, exposed beams, and expansive windows that fill the room with natural light and frame peaceful mountain views. The open design creates an inviting setting to gather, relax, and enjoy the slower rhythm of mountain life. Imagine afternoons spent with sunlight pouring through the windows, evenings around the fireplace, and weekends hosting friends after a day on the lake. Step outside to the wraparound deck and take in the surrounding forest and mountain scenery. Spring and summer in Crestline invite you outdoors, grilling with friends, reading in the fresh air, or simply enjoying the quiet beauty of the San Bernardino National Forest. With Lake Gregory just minutes away, you can spend your days fishing, boating, kayaking, or strolling along the scenic lake path before returning home to unwind beneath the tall pines. Thoughtfully remodeled and move-in ready, the home blends classic cabin character with modern comfort. Its versatile layout offers multiple spaces to gather or retreat, making it equally suited for full-time living, weekend escapes, or hosting guests. Already registered for short-term rental use, it also offers the potential to serve as a turnkey vacation home or income-producing mountain getaway. Designer furnishings are available separately for buyers who want to begin enjoying the home right away. Whether you're looking for a peaceful personal retreat, a place to gather with friends and family, or a mountain escape that can also generate income, this Crestline A-frame captures the spirit of life in the mountains, relaxed, refreshing, and surrounded by nature. Welcome to your mountain escape.
No exterior & parking available.
Grades K-5 • 2.6 mi
Grades K-8 • 3.2 mi
Grades 6-8 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 83% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,740 | 1,344 | 72% |
| Lot Size | 8,660 | 6,976 | 67% |
| Price | $460.0K | $360.0K | 72% |
| Price per sq ft | $264 | $281 | 40% |
| Built year | 1971 | 1965 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 85 | 179 | 17% |
May 8, 2026
$460,000
$475,000
-3% Price Drop
Initial Listing
Mar 13, 2026
$475,000
Initial Listing
Jan 12, 2022
$540,000
Public Record
Jun 29, 2021
$339,000
Public Record
Jun 29, 2021
$295,000
Public Record
Jun 26, 1998
$64,000
Public Record