518 Acacia, Crestline, California 92325, Crestline, 92325 - 2 bed, 1 bath
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Crestline, California 92325
This Turnkey Mountain Residence is a Strong Value Opportunity, listed at $440,000—positioned well below the $447,140 Fair Market Value by 1.6%. This valuation gap offers $7,140 in Instant Equity. The property features a Mint Condition Rating following comprehensive renovations, including a modern kitchen and new central heating. Located near Lake Gregory with a private deck and mountain views, it offers a serene lifestyle. This is an ideal acquisition for Owner-Occupants seeking a move-in ready retreat or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 518 Acacia Subject | $399,999* List Price | 2 | 1 | 1,460 | $295 | - |
A 414 Cross Drive Sold | $345,000 | 2 | 1 | 1,101 | $313 | 0.2 mi |
B 791 Arth Active Under Contract | $399,000 List Price | 3 | 2 | 1,136 | $351 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1928, the property has undergone a recent comprehensive renovation (likely <5 years) featuring a modern kitchen with white shaker cabinets and stone countertops, updated flooring, new windows, and a new central heating system, meeting the criteria for mint condition with no immediate maintenance needed.
The property is ideally situated within walking distance to Lake Gregory and the town center, providing convenient access to recreation, shopping, and dining.
The home features modern improvements including a remodeled kitchen and bathroom, upgraded flooring, and new windows, reducing immediate move-in costs.
With 1,460 square feet of living space including both a living room and a family room, this home offers a more generous interior footprint than many neighboring cabins.
The residence contains only one bathroom for a nearly 1,500 square foot home, which may be a drawback for families or those who frequently host guests.
The 3,250 square foot lot is relatively small for a mountain property, offering limited outdoor space and privacy compared to larger parcels in the area.
Ever wanted to live near a beautiful lake, surrounded by trees and the sound of nature? This is your chance to own a beautiful home by Lake Gregory. If hiking, fishing and quiet evenings are things you like, mountain living is for you. This home features 2 bedrooms, 2 bathrooms, living room, family room, spacious storage area. New windows, central heater. The floors, kitchen and bathroom were upgraded. Walking distance to town and lake, restaurants, shops and grocery store. The lake provides public swimming, boating and recreation. Enjoy country living, while still close to the valley. All information in this listing is deemed reliable but not guaranteed. Buyer is advised to verify it.
No exterior & parking available.
Grades K-5 • 2.6 mi
Grades K-8 • 3.0 mi
Grades 6-8 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 35% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 1,460 | 1,357 | 57% |
| Lot Size | 3,250 | 6,988 | 4% |
| Price | $400.0K | $365.3K | 58% |
| Price per sq ft | $274 | $281 | 45% |
| Built year | 1928 | 1964 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 180 | 1% |
May 22, 2026
$399,999
$439,999
-9% Price Drop
Initial Listing
May 19, 2026
$439,999
$440,000
+0% Price Increase
Initial Listing
May 15, 2026
$440,000
Initial Listing
Oct 15, 2021
$359,000
Public Record
Apr 20, 2021
$215,000
Public Record
Apr 20, 2021
$263,000
Public Record