820 Arbula, Crestline, California 92325, Crestline, 92325 - 4 bed, 3 bath
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Crestline, California 92325
This Turnkey Mountain Retreat represents a High-Potential Investment Opportunity, listed at $485,000—positioned well below the $496,084 Fair Market Value by 2%. This valuation gap offers $11,084 in Instant Equity. Featuring a Good Condition Rating and currently operating as a successful 5-star Airbnb, the property includes panoramic Mt. Baldy views and a versatile lower level. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready vacation home near Lake Gregory.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 820 Arbula Subject | $485,000* List Price | 4 | 3 | 1,737 | $286 | - |
A 290 Davos Drive Sold | $460,000 | 3 | 3 | 1,688 | $273 | 0.7 mi |
B 24722 Bernard Drive Sold | $390,000 | 4 | 3 | 1,632 | $239 | 0.6 mi |
C 791 Arth Sold | $404,000 | 3 | 2 | 1,136 | $356 | 0.3 mi |
D 24622 Bernard Sold | $505,000 | 4 | 4 | 2,385 | $212 | 0.3 mi |
E 24646 Lake Gregory Sold | $415,000 | 4 | 2 | 1,530 | $271 | 0.3 mi |
F 24194 Zurich Sold | $435,000 | 2 | 3 | 1,404 | $310 | 0.8 mi |
G 23988 Scenic Sold | $407,000 | 3 | 2 | 1,274 | $319 | 1.0 mi |
H 646 Arth Drive Sold | $360,000 | 3 | 2 | 1,096 | $328 | 0.3 mi |
I 770 Berne Active | $419,999 List Price | 3 | 2 | 1,672 | $251 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property falls exactly into the 20-year age bracket for 'Good' condition. The interior is well-maintained and move-in ready with functional mid-2000s finishes in the kitchen and bathrooms. As an active 5-star Airbnb, the home shows no signs of deferred maintenance and appears turnkey.
Currently operating as a successful 5-star Airbnb and offered fully furnished, this property provides an immediate, turnkey opportunity for investors or vacation home buyers.
Situated just 0.5 miles from Lake Gregory, the home offers exceptional access to mountain recreation paired with stunning panoramic views of Mt. Baldy.
Built in 2006, this newer mountain retreat features an open-concept layout and a flexible 300-square-foot lower level ideal for a gym, theater, or home office.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1737, other record living area = 1260. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The local elementary school carries a lower rating (3/10), which may be a deterrent for families prioritizing high-performing educational districts for a full-time residence.
The three-story vertical floor plan may pose challenges for buyers with mobility concerns or those preferring a more accessible, single-level living arrangement.
Welcome to this beautifully maintained 5-star Airbnb, offered fully furnished and located just 0.5 miles from Lake Gregory. Built in 2006, this stunning three-story mountain retreat features breathtaking panoramic views of Mt. Baldy, warm wood finishes throughout, and a spacious layout perfect as a turnkey investment, vacation home, or full-time residence. The main level offers an open concept kitchen and living room with a fireplace, an entertaining deck with incredible views, and a convenient half bath with laundry. The middle level includes the primary suite with dual closets, two additional bedrooms, and a full bathroom. The expansive lower level provides approximately 300 square feet of flexible space, ideal for a game room, theater, home office, gym, or additional bedroom. Just minutes and less than half a mile from Lake Gregory, you'll enjoy easy access to fishing, kayaking, swimming, scenic trails, and seasonal events. This home combines comfort, versatility, and an unbeatable mountain location.
No exterior & parking available.
Grades K-5 • 2.5 mi
Grades K-8 • 3.2 mi
Grades 6-8 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,737 | 1,310 |
| Lot Size | 5,220 | 6,950 |
| Price | $485.0K | $385.7K |
| Price per sq ft | $279 | $283 |
| Built year | 2006 | 1966 |
| HOA | $0 | $0 |
| Days on market | 13 | 82 |
Jul 9, 2026
$485,000
Initial Listing
Sep 2, 2022
$428,000
Public Record
May 12, 2021
$395,000
Public Record
Aug 24, 2005
$19,000
Public Record