
Crestline, California 92325
This Turnkey Mountain Residence is a Strong Value Opportunity, listed at $330,000—positioned well below the $348,798 Fair Market Value by 5%. This valuation gap offers $18,798 in Instant Equity. Featuring a Condition Rating of 2 with modern shaker cabinetry and a newer hot tub, the home offers a seamless lifestyle near Lake Gregory. With its flat 5,000-square-foot lot and mountain views, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 396 Log Subject 3 bd · 1 ba · 1,080 sqft · $323 | $330,000* List Price | 3 | 1 | 1,080 | $323 | - |
A 22865 Fir Lane Sold 2 bd · 1 ba · 960 sqft · $335 · 0.2 mi | $321,900 | 2 | 1 | 960 | $335 | 0.2 mi |
B 23013 Oak Lane Sold 2 bd · 2 ba · 950 sqft · $316 · 0.2 mi | $299,998 | 2 | 2 | 950 | $316 | 0.2 mi |
C 23388 Knapps Cutoff Sold 3 bd · 2 ba · 1,324 sqft · $268 · 0.5 mi | $354,900 | 3 | 2 | 1,324 | $268 | 0.5 mi |
D 723 Ca-138 Sold 2 bd · 2 ba · 960 sqft · $328 · 0.7 mi | $315,000 | 2 | 2 | 960 | $328 | 0.7 mi |
E 22680 Valley View Sold 3 bd · 2 ba · 1,224 sqft · $328 · 0.9 mi | $402,000 | 3 | 2 | 1,224 | $328 | 0.9 mi |
F 771 Woodland Sold 4 bd · 2 ba · 1,512 sqft · $225 · 0.6 mi | $340,000 | 4 | 2 | 1,512 | $225 | 0.6 mi |
G 22864 Alder Active Under Contract 2 bd · 2 ba · 972 sqft · $328 · 0.2 mi | $319,000 List Price | 2 | 2 | 972 | $328 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1948, the property shows evidence of a comprehensive renovation within the last 5 years. The kitchen features modern shaker-style cabinetry, stone countertops, and stainless steel appliances. The interior includes updated flooring, recessed lighting, and vinyl windows, while the exterior is well-maintained with a newer hot tub installation and functional outdoor living spaces.
The property features a rare flat 5,000-square-foot lot equipped with a Jacuzzi and outdoor bar, providing an ideal setup for mountain entertaining.
Unlike many mountain homes with steep climbs, this residence offers easy access with only two steps to the entrance and ample guest parking.
Situated just six minutes from Lake Gregory, the home provides convenient access to local boating, hiking, and seasonal water activities.
With three bedrooms but only one bathroom, the layout may present logistical challenges for larger families or groups of guests.
Built in 1948, the property may require more frequent maintenance or updates to older systems compared to modern mountain constructions.
Welcome to this well-maintained mountain home, built in 1948 and just six minutes from Lake Gregory. With 3 bedrooms, 1 bathroom, and 1,080 square feet of living space, it offers a comfortable place to relax or gather with friends. The usable, flat 5,000-square-foot lot gives you room to enjoy the outdoors, complete with a Jacuzzi and outdoor bar area for entertaining. Plenty of guest parking and just two steps to the entrance make it easy to welcome everyone in.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 5.2 mi
Grades K-8 • 5.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.8 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,080 | 1,239.477 |
| Lot Size | 5,000 | 6,761.744 |
| Price | $330.0K | $366.6K |
| Price per sq ft | $306 | $277 |
| Built year | 1948 | 1964 |
| HOA | $0 | $250 |
| Days on market | 8 | 76 |
Oct 16, 2026
$330,000
Initial Listing
Dec 29, 2021
$313,500
Public Record
Jul 21, 2020
$200,000
Public Record
Feb 24, 2005
$89,500
Public Record