
Crestline, California 92325
This Mid-Century Mountain Retreat is a Strong Value Opportunity, listed at $425,000—positioned well below the $467,300 Fair Market Value by 9%. This valuation gap provides $42,300 in Instant Equity. Boasting a Condition Rating of 4, the home is a well-maintained "time capsule" featuring Panoramic Lake Gregory Views and a massive 19,450 sqft lot across three deeded parcels. With updated HVAC and a new roof, it balances vintage character with system reliability. This is an ideal acquisition for Owner-Occupants seeking a lifestyle upgrade or Buy-and-Hold Investors looking for a high-demand rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 726 Arth Drive Subject | $425,000* List Price | 3 | 2 | 1,501 | $311 | - |
A 24293 Horst Drive Sold | $380,000 | 2 | 2 | 1,440 | $264 | 0.7 mi |
B 24514 Albrun Active | $465,000 List Price | 4 | 3 | 1,600 | $291 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968, this property is a well-maintained mid-century home that functions as a 'time capsule.' While it boasts essential system upgrades like a new roof and updated HVAC, the interior is largely dated with original wood paneling, popcorn ceilings, and older carpeting. The kitchen features original cabinetry and vintage appliances that, while functional, show significant age and do not meet modern style standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19450, living area = 1501.
This 1968 gem features authentic midcentury modern design elements, including wood paneling, beamed ceilings, a natural stone fireplace, and a built-in wet bar, offering a unique and stylish aesthetic.
The property boasts sweeping panoramic views of Lake Gregory from expansive wraparound decks and a private lower-level hot tub, providing a premium indoor-outdoor mountain lifestyle.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19450, other record lot size in square feet = 6050.
The solar panels are leased rather than owned, which requires the buyer to assume a long-term contract and may complicate the financing process for some lenders.
The assigned elementary school has a lower performance rating (3/10), which may be a significant consideration for families prioritizing high-ranking educational facilities.
If Don Draper ever escaped to the mountains, this would have been his retreat. With sweeping views of Lake Gregory, this midcentury gem blends timeless design with modern comfort. Three separately deeded lots provide space and privacy, surrounded by whispering pines and calm mountain breezes. Inside, the glow of afternoon light highlights wood paneling and beamed ceilings, capturing the warmth and refinement of a classic era. The open living room features a striking natural stone fireplace and a built-in wet bar, ideal for gatherings, quiet reflection, or creative inspiration. Sliding glass doors open to an expansive wraparound deck with panoramic lake views, perfect for indoor-outdoor living. Downstairs, both bedrooms open to a second deck and a bubbling hot tub, offering a peaceful escape under the stars. A spacious workshop with interior and exterior access provides excellent storage and space for inspired projects. Upgrades over the past few years include a new roof, repainted decks, refreshed terraced landscaping with laurel bushes, a modernized bathroom, leased solar panels, and updated central heating and air. Additional features like a security system, commercial-grade sprinklers, and lockable gates add peace of mind. A home where design meets comfort, this property feels both classic and current - imagine Peggy sketching ideas by the window, Roger appreciating the view, or Joan hosting with effortless grace. Light a fire, pour a drink, and settle into the kind of California cool that never goes out of style.
No exterior & parking available.
Grades K-5 • 2.6 mi
Grades K-8 • 3.1 mi
Grades 6-8 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,501 | 1,376 | 57% |
| Lot Size | 19,450 | 6,750 | 94% |
| Price | $425.0K | $365.0K | 64% |
| Price per sq ft | $283 | $268 | 56% |
| Built year | 1968 | 1965 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 210 | 1% |
Apr 15, 2026
$425,000
Initial Listing
Nov 8, 2018
$279,500
Public Record