24899 Basel, Crestline, California 92325, Crestline, 92325 - 3 bed, 2 bath
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Crestline, California 92325
This Versatile Mountain Property represents a Strong Value Opportunity, listed at $575,000—positioned well above the $536,641 Fair Market Value by 7%. While priced at a premium, the asset offers significant income potential through its detached studio apartment and bonus workshop space. Featuring a Fair Condition Rating, the home provides a solid foundation for value-add cosmetic updates. With its expansive wraparound decks and prime location near Lake Gregory, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24899 Basel Subject | $575,000* List Price | 3 | 2 | 2,200 | $244 | - |
A 25152 Valle Drive Sold | $670,000 | 3 | 3 | 2,296 | $292 | 0.1 mi |
B 1212 Jungfrau Sold | $430,000 | 3 | 2 | 2,002 | $215 | 0.6 mi |
C 24510 Altdorf Drive Sold | $525,000 | 3 | 3 | 2,269 | $231 | 0.6 mi |
D 24571 Geneva Sold | $600,000 | 3 | 3 | 1,822 | $329 | 0.4 mi |
E 24686 Altdorf Sold | $431,500 | 4 | 3 | 2,098 | $206 | 0.6 mi |
F 24250 Horst Drive Sold | $530,000 | 3 | 2 | 2,149 | $247 | 0.8 mi |
G 24502 Albrun Court Sold | $565,000 | 3 | 3 | 1,944 | $291 | 0.7 mi |
H 24622 Bernard Sold | $505,000 | 4 | 4 | 2,385 | $212 | 0.4 mi |
I 24998 Jewel Active | $519,000 List Price | 4 | 3 | 2,034 | $255 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the property is well-maintained but shows significant dating. While the primary suite has been updated, the kitchen features older tile countertops and cabinetry, and the living areas contain dated wallpaper and wood trim. The use of wall-mounted heaters rather than a modern central HVAC system further aligns with the 'Fair' criteria for homes over 20 years old needing cosmetic and system updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11770, living area = 2200.
The property features a detached garage with a bonus bedroom and workshop, plus a separate 1-bedroom studio apartment with a kitchenette, offering excellent opportunities for rental income or multi-generational living.
Situated in the sought-after San Moritz neighborhood near Lake Gregory, the home boasts expansive wraparound decks and tranquil forest views, providing a quintessential mountain retreat experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2200, other record living area = 1344. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1963, the home may require more frequent maintenance or further updates to its older infrastructure compared to newer constructions in the area.
The local elementary school carries a lower rating (3/10), which may be a drawback for families prioritizing high-performing educational facilities for younger children.
Perched in one of Crestline's most sought-after neighborhoods above San Moritz, this beautifully maintained mountain retreat offers comfort, privacy, and versatility. Surrounded by towering pines and tranquil forest views, this exceptional property is just minutes from Lake Gregory, downtown Crestline, Highway 18, and abundant hiking and outdoor recreation. The main residence features 3 generously sized bedrooms and 2 full bathrooms with an open, inviting floor plan that embraces the warmth of mountain living. Two bedrooms are upstairs, while the private primary suite is downstairs with an updated en-suite bathroom. The lower level also provides access to a deck with potential to expand the outdoor living space. The living room flows into the kitchen and dining area, creating an ideal setting for everyday living and entertaining. Large windows fill the home with natural light while showcasing forest views. Newer carpeting and a home generator provide added comfort and peace of mind. Expansive wraparound decks offer peaceful mornings, evening gatherings, and year-round enjoyment of the surrounding forest, creating the perfect setting for relaxing or entertaining. A detached garage offers ample parking, storage, and functionality. The upper level includes a private bedroom and workshop, ideal for hobbies, guests, or a home office. Below the garage is a separate 1-bedroom, 1-bath studio apartment with its own kitchenette and living space. Currently used as a rental, it offers excellent potential for supplemental income, extended family, or a private guest retreat. An approximately 80-square-foot storage shed provides additional space for tools and outdoor equipment. Located in the desirable above San Moritz neighborhood, this home offers the serenity of mountain living while remaining close to Lake Gregory, local shops, restaurants, and commuter routes. Whether you're searching for a full-time residence, weekend retreat, or investment opportunity with rental potential, this property offers mountain charm, modern updates, and exceptional versatility. Rarely do homes in this coveted location offer wraparound decks, a detached garage with workshop and bonus bedroom, a private studio apartment, an updated primary suite and timeless mountain appeal. Enjoy four distinct seasons, fresh mountain air, and a peaceful setting while staying conveniently close to shopping, dining, recreation, and commuter access.
No exterior & parking available.
Grades K-5 • 2.7 mi
Grades K-8 • 3.1 mi
Grades 6-8 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,200 | 1,310 |
| Lot Size | 11,770 | 6,950 |
| Price | $575.0K | $385.7K |
| Price per sq ft | $261 | $283 |
| Built year | 1963 | 1966 |
| HOA | $0 | $0 |
| Days on market | 8 | 82 |
Jul 14, 2026
$575,000
Initial Listing