
Crestline, California 92325
This Renovated Mountain Residence is a Prime Investment Opportunity, listed at $400,000—positioned well below the $408,481 Fair Market Value by 2%. This valuation gap provides $8,481 in Instant Equity. Boasting a Condition Rating of 3, the home features a Rare Level Entry, New Wood Plank Flooring, and a Modernized Kitchen. With five bedrooms and a Forested Mountain View, it offers superior utility within the Rim of the World district. This versatile property is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 320 Sky View Lane Subject | $400,000* List Price | 5 | 2 | 1,492 | $274 | - |
A 264 Forest Circle Sold | $368,000 | 3 | 2 | 1,472 | $250 | 0.1 mi |
B 23023 Oak Lane Sold | $360,000 | 3 | 2 | 1,496 | $241 | 0.5 mi |
C 22815 Alder Sold | $377,600 | 3 | 2 | 1,368 | $276 | 0.3 mi |
D 23024 Pine Lane Sold | $389,000 | 3 | 2 | 1,380 | $282 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1948, the property has undergone extensive recent renovations that make it move-in ready. Updates include new wood plank laminate flooring throughout, fresh interior and exterior paint, and new light fixtures and ceiling fans. The kitchen has been modernized with new cabinetry, countertops, and appliances, and the bathrooms feature updated vanities and tiled showers. While some original mountain-style wood paneling remains and the detached storage has older electrical, the primary living spaces meet current quality standards for a well-maintained, updated home.
The property features a highly desirable level entry with no stairs to the front door, a rare and valuable asset in mountain communities that significantly enhances accessibility.
The home is in move-in condition following recent updates, including fresh interior and exterior paint, new wood plank laminate flooring, and a modernized kitchen with new cabinets and appliances.
With five bedrooms, an attached workshop, and a detached storage room, the property offers exceptional versatility and storage capacity rarely found at this price point.
There is a discrepancy regarding the actual living area versus the reported 1,492 square feet, which may pose challenges for appraisal and requires buyer verification of permitted space.
Originally built in 1948, the home may have older underlying systems; specifically, the detached storage room is noted to have outdated electrical wiring.
5 BR/2 BA. Highly desired mountain home with rare level entry with no stairs to climb to the front door. Only 2 bedrooms are upstairs in the loft area. The level entry room includes the main largest bedroom, large bathroom with the stacked washer dryer unit hook up, dining room, kitchen and living room. The next level down includes 3 steps downward to two more bedrooms with another full bathroom. This house might be bigger than 1500 sq ft but that would need to be verified by the buyer. This home has recently been renovated with a fresh coat of paint on the outside and the inside, new wood plank laminate flooring throughout the whole house, new fixtures through the whole house, new kitchen cabinets, dishwasher, stove and microwave. Very generous concrete paved pathways flow all around the house w/ample parking space inside the gate & on the street. A covered breezeway leads to the attached workshop. A detached Storage room has a brand new roof and not new electricity. Grab this one fast, it won't last long at this price.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 5.7 mi
Grades K-8 • 5.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,492 | 1,376 | 55% |
| Lot Size | 6,750 | 6,750 | 50% |
| Price | $400.0K | $365.0K | 61% |
| Price per sq ft | $268 | $268 | 50% |
| Built year | 1948 | 1964 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 210 | 1% |
Apr 11, 2026
$400,000
Initial Listing
Feb 18, 2025
$345,000
Public Record
May 26, 2022
$410,000
Public Record
Feb 3, 2005
$215,000
Public Record
Apr 18, 2002
$116,000
Public Record