605 Pyramid, Crestline, California 92325, Crestline, 92325 - 4 bed, 3 bath
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Crestline, California 92325
This Dual-Unit Residential Property is a Strong Value Opportunity, listed at $519,000—positioned well below the $524,934 Fair Market Value by 1%. This valuation gap offers $5,934 in Instant Equity. Featuring a Mint Condition Rating with 2021 infrastructure upgrades, the home offers a detached unit for rental income or multi-generational living. With a large 11,000 sqft lot and scenic Neighborhood/Trees/Woods views, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey mountain retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 605 Pyramid Subject | $519,000* List Price | 4 | 3 | 1,621 | $324 | - |
A 816 Chamois Drive Sold | $610,000 | 3 | 3 | 1,495 | $408 | 0.4 mi |
B 24646 Lake Gregory Sold | $415,000 | 4 | 2 | 1,530 | $271 | 0.7 mi |
C 24571 Geneva Sold | $600,000 | 3 | 3 | 1,822 | $329 | 0.7 mi |
D 24310 Altdorf Drive Sold | $510,000 | 3 | 2 | 1,552 | $329 | 1.0 mi |
E 24502 Albrun Court Sold | $565,000 | 3 | 3 | 1,944 | $291 | 1.0 mi |
F 24833 Matterhorn Court Active | $460,000 List Price | 4 | 2 | 1,740 | $264 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive renovation in 2021 (within the <5y reno window), featuring modern quartz countertops in the kitchen and updated tile in the bathrooms. Critical systems were also modernized in 2021, including a new septic tank, upgraded electrical panel, tankless water heater, and dual-paned windows, placing it in mint, maintenance-free condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11000, living area = 1621.
The property features a completely separate detached unit with its own kitchen and living space, offering excellent potential for rental income, a guest house, or multi-generational living.
Significant recent improvements including a new septic tank (2021), upgraded electrical panel, tankless water heater, and dual-paned windows provide peace of mind and reduced immediate maintenance costs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1621, other record living area = 1344. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The layout requires navigating stairs to reach the main living level and additional outdoor stairs for the second unit, which may pose a challenge for buyers with mobility concerns.
The assigned elementary school has a rating of 3, which may be a deterrent for families prioritizing high-performing local school districts.
The four bears cabin sits perched on a quiet and unique street to street lot, with apple trees and lavender established on the hillside. With ample parking below, walk up the stairs to the first floor where there are 3 bedrooms and 2 full baths. Thoughtfully designed and renovated throughout, you'll find tile in the bathrooms, and quartz countertops in the kitchen and custom built bunk room with access to the outdoors. Outside is a large patio with flat usable space perfect for BBQs and evenings with friends. Up the outdoor stairs from the main level is an entirely separate unit, with a living room, bedroom, full bath and kitchen, and it's own deck/outdoor space. This is entirely detached from the main floor for additional privacy. The build up area features a washer/dryer and plenty of storage space for all the seasonal fun that comes with mountain life! Previous seller (2021) installed new septic tank, upgraded electrical panel, tankless water heater, and dual paned windows! Just over a half mile from Lake Gregory! You have to see this property to take in just how special it is.
No exterior & parking available.
Grades K-5 • 2.8 mi
Grades K-8 • 2.9 mi
Grades 6-8 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 82% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 1,621 | 1,357 | 64% |
| Lot Size | 11,000 | 7,020 | 77% |
| Price | $519.0K | $372.5K | 78% |
| Price per sq ft | $320 | $281 | 71% |
| Built year | 1962 | 1964 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 161 | 1% |
May 22, 2026
$519,000
Initial Listing
Dec 3, 2021
$525,000
Public Record
Mar 27, 2019
$155,000
Public Record