463 Delle Drive, Crestline, California 92325, Crestline, 92325 - 2 bed, 2 bath
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463 Delle Drive
Crestline, California 92325
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,064Sq Ft
8,460Lot Size
Property Price
LIST PRICE$422,000
EST. MARKET VALUE
$380,916
10% AboveMARKET VALUE
SUMMARY
This Mountain Residential Asset is a High-Potential Investment Opportunity, listed at $422,000—positioned well above the $380,917 Fair Market Value by -10%. While priced above market, the property features a rare Assumable FHA Mortgage at 6.039%, providing significant long-term financing advantages. With a Condition Rating of 4, the home offers an Oversized Entertaining Deck and Parking for Eight Vehicles. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a mountain lifestyle with unique financing leverage.
Estimated Market Value
$380,916
Based on Realkey algorithm analyzing recent comparable sales in Crestline.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 463 Delle Drive Subject 2 bd · 2 ba · 1,064 sqft · $358 | $422,000* List Price | 2 | 2 | 1,064 | $358 | - |
A 24873 Edelweiss Sold 2 bd · 2 ba · 936 sqft · $360 · 0.3 mi | $337,000 | 2 | 2 | 936 | $360 | 0.3 mi |
B 24776 Basel Sold 2 bd · 2 ba · 1,237 sqft · $323 · 0.6 mi | $400,000 | 2 | 2 | 1,237 | $323 | 0.6 mi |
C 24818 Felsen Drive Sold 2 bd · 1 ba · 1,048 sqft · $339 · 0.9 mi | $355,000 | 2 | 1 | 1,048 | $339 | 0.9 mi |
D 319 Dorn Drive Sold 2 bd · 2 ba · 886 sqft · $347 · 0.2 mi | $307,500 | 2 | 2 | 886 | $347 | 0.2 mi |
E 398 Darfo Sold 2 bd · 1 ba · 908 sqft · $334 · 0.1 mi | $303,000 | 2 | 1 | 908 | $334 | 0.1 mi |
F 24205 San Moritz Drive Sold 3 bd · 2 ba · 1,068 sqft · $506 · 0.8 mi | $540,000 | 3 | 2 | 1,068 | $506 | 0.8 mi |
G 459 Delle Active 2 bd · 1 ba · 788 sqft · $406 · 0.0 mi | $320,000 List Price | 2 | 1 | 788 | $406 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1979 (45+ years old), the property is dated and retains much of its original rustic character. While the flooring appears to have been updated, the presence of a portable window AC unit suggests the HVAC systems are not modernized. The lack of recent major renovation details for the kitchen and bathrooms, combined with the home's age, indicates a need for minor repairs and aesthetic updates.
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 = 8460, living area = 1064.
- Assumable Financing
The property features a rare assumable FHA mortgage at a 6.039% interest rate, providing a significant financial advantage and lower monthly payments for qualified buyers in the current market.
- Exceptional Parking Capacity
A recently expanded driveway accommodates up to eight vehicles, offering a level of parking luxury and convenience that is extremely rare for mountain properties.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At just 1,064 square feet with only two bedrooms, the interior living space may feel restrictive for growing families or those requiring dedicated home office space.
- Lower-Rated Local Schools
The assigned elementary school carries a low rating of 3/10, which may be a deterrent for families prioritizing high-performance public education for their children.
About 463 Delle Drive
AN ASSUMABLE FHA MORTGAGE AT 6.039%? Now that's worth a closer look! In a market where every percentage point matters, 463 Delle Drive in Crestline, CA brings something extra to the table. And the perks don't stop with the financing! This 2-bedroom, 1.5-bath mountain home is within walking distance of Lake Gregory and serves up beautiful mountain and ridgeline views from an oversized entertaining deck. Inside, you'll find an open-concept living area with warm tongue-and-groove wood ceilings, a classic rock fireplace, and plenty of natural light. Outside? A fenced backyard with room to relax, garden, or play, plus a recently expanded driveway with parking for up to EIGHT vehicles. Yes, eight! That's a serious mountain luxury all its own. Whether you're looking for a full-time home or a weekend escape, this Crestline property delivers the mountain lifestyle without sacrificing everyday practicality. Mountain views, lake access nearby, generous parking, and a potentially valuable financing advantage. Assumable FHA loan subject to lender approval, buyer qualification, and existing loan terms.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 8,460 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 • 2.5 mi
3/10
Mary P. Henck Intermediate School
Grades 6-8 • 3.1 mi
5/10
Rim Virtual
Grades K-8 • 3.2 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.8 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,064 | 1,239.477 |
| Lot Size | 8,460 | 6,761.744 |
| Price | $422.0K | $366.6K |
| Price per sq ft | $397 | $277 |
| Built year | 1979 | 1964 |
| HOA | $0 | $250 |
| Days on market | 15 | 76 |
Pricing History
Listed for Sale
Oct 9, 2026
$422,000
Initial Listing
Sold
Mar 13, 2019
$228,000
Public Record
Sold
Oct 18, 2006
$195,000
Public Record
Sold
Jun 19, 2002
$114,000
Public Record
Sold
Jan 10, 2000
$93,000
Public Record
Sold
Jul 2, 1999
$25,000
Public Record