
Crestline, California 92325
This Hybrid Residential Asset represents a High-Potential Investment Opportunity, listed at $605,000—positioned well above the $499,142 Fair Market Value by 21%. While the price reflects a premium, the property offers unique value through its Detached ADU, Half-Acre Lot, and Whole-House Generator. With a Condition Rating of 4, the home provides a solid foundation for cosmetic updates to drive appreciation. This versatile property is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking for a flexible, multi-generational living space near Lake Gregory.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 743 Berne Subject | $605,000* List Price | 3 | 3 | 1,687 | $296 | - |
A 726 Arth Drive Sold | $471,111 | 3 | 2 | 1,501 | $314 | 0.1 mi |
B 25089 Moon Sold | $490,000 | 3 | 3 | 1,464 | $335 | 0.5 mi |
C 24571 Geneva Sold | $600,000 | 3 | 3 | 1,822 | $329 | 0.4 mi |
D 24502 Albrun Court Sold | $565,000 | 3 | 3 | 1,944 | $291 | 0.7 mi |
E 25152 Valle Drive Sold | $670,000 | 3 | 3 | 2,296 | $292 | 0.3 mi |
F 24998 Jewel Active | $519,000 List Price | 4 | 3 | 2,034 | $255 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, the home is approximately 26 years old and features original, dated finishes in the kitchen and bathrooms, including white appliances and older tile work. While the property is well-maintained and includes updated systems like a whole-house generator and air conditioning, it meets the criteria for being dated and needing cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14000, living area = 1687.
The property features a detached garage with a stunning, light-filled ADU above it, providing an ideal setup for rental income, a private home office, or a guest suite.
Situated within walking distance of Lake Gregory, this rare 'unicorn' property includes an extra lot for a total of a half-acre, offering exceptional privacy and a seasonal stream.
The main house garage has been converted into a game room, which may limit traditional attached covered parking options for the primary residence.
The local elementary school carries a lower rating (3/10), which could be a concern for families prioritizing high-performing public school metrics.
Your search is over! This is the rare Crestline property that truly has it all: walk-to-lake location! ADU! Extra lot! Step inside the main house and upstairs to the main level to a light and bright open-concept living space, where the kitchen, dining, and living areas flow together seamlessly under vaulted ceilings. It’s the perfect spot for family gatherings or cozy nights by the fire. Step right out onto the large entertainment deck for summer BBQs while enjoying the beautifully landscaped yard and the sound of the seasonal stream. The main level also features a spacious primary suite with its own private deck and en suite bath, creating the perfect retreat. Downstairs, you'll find two more bedrooms, a full bath, and a fun game room (converted from the garage) offering plenty of space for family and guests. But what makes this property a true "unicorn" is the detached garage and workshop. Above it, you'll discover a stunning, light-filled ADU complete with its own full bath, private deck, and patio. This is the ultimate flex space – think rental income, a private home office, an artist's studio, or the perfect in-law suite. This home sits on a sprawling half-acre, combining your lot with the contiguous parcel for incredible privacy. With parking for up to 8 cars, there's always room for everyone. And for total peace of mind, the home is equipped with a whole-house generator and air conditioning. All of this and within walking distance of Lake Gregory! This property is eligible for a no downpayment USDA loan. Call today to schedule your private tour!
No exterior & parking available.
Grades K-5 • 2.5 mi
Grades K-8 • 3.2 mi
Grades 6-8 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 1,687 | 1,357 | 67% |
| Lot Size | 14,000 | 7,020 | 83% |
| Price | $605.0K | $372.5K | 88% |
| Price per sq ft | $359 | $281 | 85% |
| Built year | 1998 | 1965 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 161 | 2% |
May 12, 2026
$605,000
Initial Listing
May 31, 2016
$397,500
Public Record
Nov 4, 2005
$531,000
Public Record
Mar 28, 1996
$57,500
Public Record
Jul 26, 1994
$12,000
Public Record