373 Redwood Lane, Crestline, California 92325, Crestline, 92325 - 4 bed, 3 bath

373 Redwood Lane, Crestline, California 92325 home-pic-0

373 Redwood Lane

Crestline, California 92325

ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,431Sq Ft
10,125Lot Size

Property Price

LIST PRICE$399,888
EST. MARKET VALUE
$399,888

SUMMARY

Analysis of 373 Redwood Lane, Crestline, California 92325 reveals a Fairly Priced Property with a current list price of $399,888  aligned with the estimated $399,888 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

$399,888
Based on Realkey algorithm analyzing recent comparable sales in Crestline.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
373 Redwood Lane
Subject
$399,888*
List Price
431,431$279-
A
264 Forest Circle
Sold
$368,000321,472$2500.4 mi
B
22945 Redwood Way
Active
$345,000
List Price
221,628$2120.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1938, the main home was rebuilt with permits in 2021, placing it well within the 5-year window for extensive renovation. The interior features modern high-quality finishes including engineered wood flooring, charcoal granite countertops, white shaker cabinetry, and a six-burner stainless steel gas range. The bathrooms are updated with soaking tubs and separate showers, and the inclusion of two turn-key ADUs further confirms the property's top-tier condition and lack of deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10125, living area = 1431.

  • Multi-Unit Income Potential

    The property features a rare configuration of a main home plus two additional dwelling units (ADUs), providing exceptional versatility for short-term rentals, multi-generational living, or significant rental income.

  • Turn-Key Modernized Condition

    With the main home rebuilt with permits in 2021 and the entire property offered fully furnished, this is a move-in-ready opportunity featuring modern upgrades like granite counters and stainless steel appliances.

CONSRISKS & DEFICIENCIES

  • Compact Living Quarters

    The total 1,431 square feet is divided among three separate units, resulting in relatively small individual living spaces that may feel cramped for those accustomed to traditional single-family layouts.

  • Market Sensitivity

    The significant price reduction from the original listing of $459,900 to $399,888 suggests the property has faced challenges with market absorption or initial overvaluation.

About 373 Redwood Lane

Now offered at $399,888 — one of Crestline’s best values for a fully furnished multi-unit property just 1 mile from Lake Gregory. This rare turn-key opportunity features a beautifully rebuilt main home plus two additional dwelling units, offering exceptional flexibility for owner-occupants, multi-generational living, or rental income potential. Properties with this level of versatility, privacy, and readiness are seldom available in this price range. This upgraded Crestline property offers a fully furnished main home plus TWO ADUs—ideal for short-term rentals, extended family living, or multi-unit income production. Few homes provide this level of flexibility, privacy, and turn-key readiness. Rebuilt with permits in 2021, the main home lives like new. Enjoy a spacious living area with exposed beams, a cozy wood stove, and engineered wood flooring. The kitchen features a six-burner gas range, stainless steel appliances, charcoal granite counters, and white shaker cabinetry. The bathroom includes a separate shower and soaking tub. Bedrooms are finished in neutral, inviting tones. Both ADUs have private entrances, a kitchenette, and a ¾ bath—perfect for guests, multi-generational living, or rental income. The additional upstairs lounge above the garage adds valuable flex space for a studio, office, or game room and opens to a balcony with views of the property. Set on a near-level 10,000+ sq ft fenced lot, the grounds include a seasonal stream with two bridges, creating a rare and serene mountain setting. Parking is generous with a 1-car garage, driveway, and extra room for multiple vehicles, an RV, or a boat. A separate laundry room serves all units for added convenience. This is a rare opportuniuty to own a turn-key mountain retreat or high-demand investment property. Book your private showing today—properties like this are limited.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1938
Lot Size
10,125 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Crestline Unified Schools

Valley Of Enchantment Elementary School

Grades K-5 • 0.2 mi

3/10

Mary P. Henck Intermediate School

Grades 6-8 • 5.3 mi

5/10

Rim Virtual

Grades K-8 • 5.5 mi

/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
80%
Baths3.02.0
78%
Square foot1,4311,320
57%
Lot Size10,1256,608
80%
Price$399.9K$360.0K
68%
Price per sq ft$279$273
52%
Built year19381966
16%
HOA$0$0
50%
Days on market179220
33%

Pricing History

Listed for Sale

Jan 31, 2026

$399,888

$429,900

-7% Price Drop

Initial Listing

Price Change

Dec 8, 2025

$429,900

$449,900

-4% Price Drop

Initial Listing

Price Change

Nov 19, 2025

$449,900

$459,900

-2% Price Drop

Initial Listing

Price Change

Sep 9, 2025

$459,900

Initial Listing

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