
Crestline, California 92325
This Spacious Mountain Residence represents a Strong Value Opportunity, listed at $615,000—positioned above the $582,928 Fair Market Value. While priced slightly above market, the property offers significant utility through its 5-bedroom layout and separate living quarters, ideal for multi-generational use or rental income. Featuring a Condition Rating of 4, the home includes modern infrastructure like a new whole-home generator and central HVAC. This is a versatile asset for Buy-and-Hold Investors or Owner-Occupants seeking a functional, well-equipped mountain retreat near Lake Gregory.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 901 Nesthorn Subject | $615,000* List Price | 5 | 4 | 3,060 | $190 | - |
A 24540 Horst Sold | $642,665 | 5 | 4 | 3,263 | $197 | 0.2 mi |
B 24183 Wabern Drive Sold | $470,000 | 5 | 3 | 2,082 | $226 | 0.8 mi |
C 24686 Altdorf Sold | $431,500 | 4 | 3 | 2,098 | $206 | 0.5 mi |
D 24622 Bernard Sold | $505,000 | 4 | 4 | 2,385 | $212 | 0.2 mi |
E 633 Arth Drive Sold | $500,000 | 5 | 2 | 2,438 | $205 | 0.4 mi |
F 24143 Rockview Sold | $790,000 | 3 | 4 | 3,282 | $241 | 0.7 mi |
G 385 Wylerhorn Sold | $465,000 | 4 | 3 | 1,902 | $244 | 0.7 mi |
H 23950 Bowl Rd Sold | $459,000 | 4 | 2 | 2,028 | $226 | 0.9 mi |
I 24782 Altdorf Active | $625,000 List Price | 4 | 4 | 3,061 | $204 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the home is well-maintained but remains largely dated with original-style tile countertops and wood cabinetry in the kitchen. While it features excellent system updates including a new whole-home generator, central HVAC, and newer dual-pane windows, the interior aesthetics and fixtures require modernization to meet current standards.
The property features a spacious 5-bedroom layout including separate, complete living quarters with a private entrance, making it ideal for multi-generational families or potential rental income.
Rare for mountain properties, this home includes a newly installed whole-home generator, central air conditioning, and mostly newer dual-pane windows, ensuring year-round comfort and reliability.
The home offers highly desirable level-entry access from the driveway and garage, a significant advantage in mountain terrain that enhances convenience and long-term accessibility.
The local elementary school carries a lower rating of 3, which may be a deterrent for families prioritizing high-performing public education districts.
With three large wooden decks and over 3,000 square feet of living space built in 1985, the property will require consistent and potentially costly exterior upkeep to manage mountain weather exposure.
Welcome to this level-entry mountain home in the desirable San Moritz neighborhood of Crestline, just a few minutes from beautiful Lake Gregory, shopping, dining, and all that mountain living has to offer! This spacious 5-bedroom, 3.5-bath home offers plenty of room for family and guests, including separate complete living quarters with a private entrance, ideal for extended family, guests, a home office, or potential additional income opportunities. Step into the inviting living room featuring beautiful knotty pine accents, vaulted ceilings, and two classic brick rock fireplaces, creating the warm mountain ambiance you have been looking for. The open floor plan flows into the formal dining room and kitchen, which features some updated appliances, full bar, and half-bath. Step outside onto the spacious upper deck, one of three, perfect for summer BBQs, entertaining, or simply relaxing among the trees. When fall arrives, enjoy the gorgeous changing colors and crisp mountain air right from home. Downstairs you will find four bedrooms and two full bathrooms, providing plenty of space and flexibility. Situated on a generous 9,660 sq. ft. lot, the property offers convenient level-entry driveway parking in addition to an attached two-car garage. Additional features include a whole-home newly installed generator, central air conditioning and heating, and mostly newer dual-pane windows, valuable amenities for comfortable year-round mountain living. With its desirable San Moritz location, spacious floor plan, separate living quarters, level entry, garage, and proximity to Lake Gregory, this home offers a wonderful opportunity for a full-time residence, mountain getaway, or investment property.
No exterior & parking available.
Grades K-5 • 2.4 mi
Grades K-8 • 3.5 mi
Grades 6-8 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,060 | 1,278.077 |
| Lot Size | 9,660 | 6,910.923 |
| Price | $615.0K | $363.9K |
| Price per sq ft | $201 | $276 |
| Built year | 1985 | 1964 |
| HOA | $0 | $250 |
| Days on market | 11 | 72 |
Aug 29, 2026
$615,000
Initial Listing
Sep 28, 2001
$226,000
Public Record