
Crestline, California 92325
This Dual-Unit Residential Asset is a High-Potential Investment Opportunity, listed at $398,988—positioned well below the $406,224 Fair Market Value by 1.8%. This valuation gap offers $7,236 in Instant Equity. Featuring a Condition Rating of 3, the property includes a renovated upstairs kitchen and a versatile dual-entrance layout. With a massive workshop and ample RV parking, this property is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking for a house-hack in the San Bernardino National Forest.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 771 Woodland Subject | $398,988* List Price | 4 | 2 | 1,512 | $265 | - |
A 23561 Short Way Sold | $299,000 | 3 | 2 | 1,216 | $246 | 0.2 mi |
B 23095 Hemlock Sold | $459,900 | 3 | 2 | 1,464 | $314 | 0.5 mi |
C 482 Zuger Court Sold | $349,000 | 3 | 2 | 1,292 | $270 | 0.6 mi |
D 23388 Knapps Cutoff Sold | $354,900 | 3 | 2 | 1,324 | $268 | 0.2 mi |
E 24096 Altdorf Sold | $375,000 | 2 | 2 | 1,350 | $278 | 0.9 mi |
F 723 Ca-138 Sold | $315,000 | 2 | 2 | 960 | $328 | 0.0 mi |
G 24035 Alpine Sold | $350,000 | 3 | 2 | 1,300 | $269 | 0.8 mi |
H 23755 Zuger Active | $389,900 List Price | 3 | 2 | 1,536 | $254 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1970, the property features a recently renovated upstairs kitchen with quartz countertops, subway tile, and modern appliances. The inclusion of double-pane windows and the well-maintained condition of the primary living areas make it move-in ready, despite some dated elements in the downstairs unit and bathrooms.
The property features a unique dual-level layout with separate entrances for the upstairs and downstairs units, offering excellent potential for rental income or a multi-family living arrangement.
Nestled in the San Bernardino National Forest, the home is conveniently located just one mile from Lake Gregory and a quarter-mile from Highway 18, blending mountain serenity with easy accessibility.
The lot provides ample space for a truck, RV, and boat, complemented by a single-car garage and a massive workshop/shed, catering perfectly to outdoor enthusiasts and hobbyists.
Built in 1970, the property may necessitate additional inspections or upgrades to original systems like plumbing and electrical that fall outside the scope of the recent kitchen renovations.
With the 1,512 square feet of living space divided into two separate units, the individual rooms and common areas may feel constrained for buyers seeking a spacious single-family environment.
*** AMAZING OPPORTUNITY *** A MUST SEE......This RARE find Crestline CA location is a 4-Bedroom, 2-Bathroom Home. A FANTASTIC LOCATION that is Nestled in the San Bernardino National forest can be your NEXT HOME. A Level Entry Home is a huge Bonus! This home is 1/4 mile from HWY 18 and 1 mile from LAKE GREGORY. Mountainous views and living. This home BOASTS 1,512 sq/ft of living space on a 6,000 sq/ft Lot. Upstairs kitchen includes Custom wood cabinets, quartz counter tops, subway tile back splash and nice appliances. Double pane windows. If you've been looking for an affordable place to call your own or a perfect investment opportunity, don't miss out on this CRESTLINE GEM. Tons of Potential. This Home has Income Producing Potential. The upstairs includes a 2-bedroom, 1-bathroom, Kitchen and Living Room with a Duplicate layout for the downstairs. Each has their own entrance. It could be a simple house with a Family; it could be a family with a mother-in-law quarter, or it has a duplex opportunity. The Driveway has ample room for a Truck, RV and a Boat plus much more. Also, includes a single car garage and a massive work shed/workshop on the back of the property. A whole house generator comes with the House. A MUST SEE.....NO, MORE LIKE A GREAT BUY!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,512 | 1,278.077 |
| Lot Size | 6,000 | 6,910.923 |
| Price | $399.0K | $363.9K |
| Price per sq ft | $264 | $276 |
| Built year | 1970 | 1964 |
| HOA | $0 | $250 |
| Days on market | 40 | 72 |
Jul 31, 2026
$398,988
Initial Listing
Jun 21, 2005
$255,000
Public Record
Sep 13, 2004
$182,000
Public Record