519 Acacia, Crestline, California 92325, Crestline, 92325 - 3 bed, 1 bath
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Crestline, California 92325
This Value-Add Investor Acquisition represents a High-Potential Investment Opportunity listed at $199,000, aligning with its $198,476 Fair Market Value. Carrying a Condition Rating of 5, the 1936 residence requires a comprehensive overhaul of all major systems and will not qualify for traditional financing. The property includes a private deck and sits within the Rim of the World district near Lake Gregory, offering significant upside through forced appreciation. This "as-is" project is ideal for Fix-and-Flip Investors or Contractors.
Property is extensive renovation needed.
Built in 1936 (88 years old) with no recorded renovations, the property is sold 'as-is' and requires major TLC. The listing's note that it will not qualify for financing indicates significant safety or structural defects and likely non-functional or hazardous systems (HVAC/Electric).
The property is ideally situated within close proximity to both the town center and Lake Gregory, offering excellent access to local amenities and mountain recreation.
Priced competitively at $199,000 for a three-bedroom home, this property offers significant upside for investors looking to renovate and flip or create a high-yield rental.
The seller is explicitly noted as very motivated, which provides a strategic opportunity for buyers to negotiate favorable terms for a quick close.
Due to the need for major TLC, the property will not qualify for traditional financing, limiting the buyer pool to cash investors or those with hard money loans.
The home is sold in 'as-is' condition with no repairs provided, requiring a substantial capital investment to address its 1936-era systems and structural needs.
Three bedroom, 1 bathroom home. It's an investor's sale only because it needs major TLC, and it won't qualify for financing. Very close to the town and to Lake Gregory. Seller very motivated. Buyer to do its due diligence and verify all information. House is sold in "as is' condition. No repairs of any kind will be done.
No exterior & parking available.
Grades K-5 • 2.7 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 | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 1,024 | 1,343 | 22% |
| Lot Size | 3,550 | 6,920 | 6% |
| Price | $180.0K | $360.0K | 2% |
| Price per sq ft | $176 | $281 | 5% |
| Built year | 1936 | 1964 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 179 | 5% |
May 29, 2026
$179,999
$199,000
-10% Price Drop
Initial Listing
Apr 24, 2026
$199,000
Initial Listing
Jan 23, 2015
$113,000
Public Record
Apr 18, 2014
$50,000
Public Record
Nov 29, 2004
$121,000
Public Record