402 Delle Drive, Crestline, California 92325, Crestline, 92325 - 3 bed, 3 bath

402 Delle Drive, Crestline, California 92325 home-pic-0

402 Delle Drive

Crestline, California 92325

ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,798Sq Ft
Lot Size

Property Price

LIST PRICE$449,000
EST. MARKET VALUE
$469,014
4% BelowMARKET VALUE

SUMMARY

Analysis of 402 Delle Drive, Crestline, California 92325 reveals a Prime Investment Opportunity with a current list price of $449,000—significantly undercutting the $469,014 Fair Market Value by 4%. This valuation gap indicates a +$20,014 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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

$469,014 +$20,014 Equity Potential
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
402 Delle Drive
Subject
$449,000*
List Price
331,798$261-
A
24250 Horst Drive
Sold
$530,000322,149$2470.6 mi
B
406 Darfo Drive
Sold
$420,000521,911$2200.1 mi
C
24308 N Albrun Drive
Sold
$500,000431,944$2570.9 mi
D
24259 Zurich Drive
Sold
$555,000532,280$2430.5 mi
E
24342 Bernard Drive
Sold
$385,000441,857$2070.7 mi
F
24333 Horst Drive
Sold
$347,000321,300$2670.6 mi
G
583 Arbula Drive
Active
$499,999
List Price
321,619$3090.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1988, the property retains many original features that are now dated, including tile countertops, older white kitchen appliances, and basic light fixtures. While the home appears well-maintained and functional, it shows signs of age with older carpeting and an unfinished bathroom in the lower-level workshop that requires additional investment to complete. It fits the criteria for a property over 20 years old that is functional but requires cosmetic updates and minor repairs to meet modern standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Exceptional Panoramic Views

    The property offers breathtaking, unobstructed mountain views and sunsets from two expansive balconies, significantly enhancing its appeal as a premium retreat.

  • Significant Value-Add Potential

    The lower-level workshop with an unfinished bathroom provides a rare opportunity to increase equity by creating a guest suite, creative studio, or rental unit.

  • Competitive Market Pricing

    Listed at $449,000, the property is priced attractively for a quick sale, especially considering its previous 2021 sale price of $595,000.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

  • Unfinished Construction Requirements

    The lower-level expansion area requires additional capital investment and construction to complete the unfinished bathroom and workshop space.

  • Underperforming Local Schools

    The assigned elementary school has a low rating of 3/10, which may limit the property's appeal to families with young children.

About 402 Delle Drive

Wake up every morning to breathtaking, unobstructed mountain views in this cozy Crestline cabin—where coffee tastes better and time slows down. Surrounded by towering pines and endless sky, this inviting retreat blends rustic charm with everyday comfort. The home features 3 bedrooms and 2.5 bathrooms, thoughtfully laid out to feel warm, open, and connected to nature. A charming library loft creates the perfect nook for reading, working, or quiet reflection, while two expansive balconies invite you to soak in the panoramic views, crisp air, and unforgettable sunsets. Exterior stairs lead to a lower-level workshop with an unfinished bathroom, offering exciting potential for expansion—ideal for a guest suite, studio, or creative workspace. Whether you’re looking for a full-time mountain escape, a weekend getaway, or a value-add opportunity, this home delivers. Priced to sell, it’s a rare chance to own a peaceful cabin with views that never get old. Exterior stairs lead to a lower-level workshop with an unfinished bathroom, offering exciting potential for expansion—ideal for a guest suite, studio, or creative workspace. Whether you’re looking for a full-time mountain escape, a weekend getaway, or a value-add opportunity, this home delivers. Priced to sell, it’s a rare chance to own a peaceful cabin with views that never get old.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1988
Lot Size
-

Interior

Total Bedrooms
3
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 • 2.3 mi

3/10

Mary P. Henck Intermediate School

Grades 6-8 • 3.3 mi

5/10

Rim Virtual

Grades K-8 • 3.4 mi

/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.0
78%
Square foot1,7981,320
76%
Lot Size-6,600
1%
Price$449.0K$360.0K
78%
Price per sq ft$250$273
39%
Built year19881967
86%
HOA$0$0
50%
Days on market48220
3%

Pricing History

Listed for Sale

Jan 18, 2026

$449,000

Initial Listing

Sold

Jul 9, 2021

$595,000

Public Record

Sold

Apr 15, 1999

$217,000

Public Record

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