
Crestline, California 92325
This Turnkey Mountain Retreat is a High-Potential Investment Opportunity, listed at $289,000—positioned well below the $279,966 Fair Market Value by -3%. While the list price is slightly above the current estimate, the property’s Mint Condition Rating and proven track record as a successful short-term rental provide immediate operational value. Featuring a large deck with a jacuzzi, new plumbing/electrical, and level off-street parking, this home is optimized for hospitality. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready mountain getaway.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 669 Knoll Subject 1 bd · 1 ba · 450 sqft · $622 | $289,000* List Price | 1 | 1 | 450 | $622 | - |
A 23775 Bowl Active 2 bd · 2 ba · 480 sqft · $458 · 0.4 mi | $220,000 List Price | 2 | 2 | 480 | $458 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1947, the property has undergone a comprehensive recent renovation where 'virtually every inch' was remodeled. It features brand new plumbing and electrical systems, modern interior finishes including recessed lighting and new flooring, and a high-quality exterior deck with a jacuzzi, meeting the criteria for a mint-condition, maintenance-free home.
The cabin has been comprehensively updated with new plumbing, electrical, and interior finishes, offering a move-in-ready experience that blends rustic charm with modern reliability.
Currently operating as a successful short-term rental with favorable reviews and a dedicated secondary laundry/storage area, this property is an ideal turnkey investment for mountain-area hospitality.
The property features a large deck with a jacuzzi and rare level off-street parking for two vehicles, providing significant functional value in a mountain terrain setting.
With only 450 square feet of living area, the home's small footprint may be restrictive for long-term residents or those requiring more storage and traditional room divisions.
The reliance on two separate loft areas for bedrooms may pose accessibility challenges for some guests and lacks the privacy of traditional enclosed bedrooms.
Updated retreat in the trees! This cabin has been intentionally modernized while still holding rustic charm. The home has new plumbing and electrical and virtually every inch has been remodeled. Making the most use of the space, there are two separate loft bedrooms: one with a king-sized bed and one with two twin beds. Per the sellers - the square footage is 640 sq feet when you account for the loft bedrooms. The main living space holds the living room and the kitchen. Next to this main open area is a full bathroom and a laundry area. The outside space features a jacuzzi and a large deck for taking in the fresh mountain air and relaxing. Easy level parking for 2 vehicles in an off-street parking area. Convenient commuter location. This home is a STR and has received favorable reviews. There is room to grow the business or use as a combination getaway and rental. There is a second laundry room with storage space for supplies underneath the main home space which would make it easy for anyone wanting to continue the STR. This location is close to town and Lake Gregory; Also, a good commuter location while still feeling like you are in the forest. Most of the furniture is included.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.8 |
| Baths | 1.0 | 2.0 |
| Square foot | 450 | 1,239.477 |
| Lot Size | 3,825 | 6,761.744 |
| Price | $289.0K | $366.6K |
| Price per sq ft | $642 | $277 |
| Built year | 1947 | 1964 |
| HOA | $0 | $250 |
| Days on market | 173 | 76 |
Aug 26, 2026
$289,000
$298,000
-3% Price Drop
Initial Listing
Jul 23, 2026
$298,000
$314,999
-5% Price Drop
Initial Listing
Jun 16, 2026
$314,999
$335,000
-6% Price Drop
Initial Listing
May 4, 2026
$335,000
Initial Listing
Jun 23, 2022
$270,000
Public Record
Dec 10, 2021
$200,000
Public Record