
Crestline, California 92325
This Spacious San Moritz Residence is a Strong Value Opportunity, listed at $545,000—positioned well below the $550,000 Fair Market Value by 1%. This valuation gap provides $5,000 in Instant Equity. Boasting a Condition Rating of 3, the home features rare Level-Entry Access, an Updated Master Suite, and Forested Mountain Views from expanded decks. The inclusion of architectural plans for a 600 sq ft ADU adds significant future value near Lake Gregory within the Rim of the World district. This turn-key retreat is ideal for Owner-Occupants or Second-Home Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 920 Arbula Subject | $540,000* List Price | 3 | 3 | 2,320 | $233 | - |
A 24259 Zurich Drive Sold | $555,000 | 5 | 3 | 2,280 | $243 | 1.0 mi |
B 24250 Horst Drive Sold | $530,000 | 3 | 2 | 2,149 | $247 | 0.9 mi |
C 1016 Berne Drive Sold | $559,000 | 4 | 3 | 1,900 | $294 | 0.1 mi |
D 398 Dunant Drive Pending | $399,000 List Price | 3 | 3 | 2,237 | $178 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready, turn-key condition with significant modern updates. Although built in 1994, the home features an updated master suite with a newer spa-bath, a modern open-concept kitchen with stainless steel appliances, and contemporary wood-look flooring. The interior styling is current, and the property shows pride of ownership with no visible deferred maintenance, meeting the criteria for a well-maintained home within the 5-15 year renovation window.
The property features rare 'level-entry' and 'level-parking' for a mountain home, including a main-floor bedroom and bath, making it highly accessible and desirable for a wide range of buyers.
Offered fully furnished and decorated, the home is move-in ready and includes architectural plans for a 600 sq ft ADU, providing significant potential for future equity or rental income.
Situated in the sought-after San Moritz area near Lake Gregory, the property offers immediate access to hiking, fishing, and water sports, paired with serene forested views from expanded decks.
The assigned elementary school has a rating of 3, which may be a concern for families prioritizing high-performing public education for younger children.
The listing history shows multiple price adjustments in a short timeframe, which can sometimes create uncertainty for buyers regarding the property's firm market value.
Wonderful Mountain home close to Lake Gregory for all sorts of summer fun and glorious walks on the trail. Enjoy fishing, kayaking, paddle-boarding and the water park & beach, too. This lovely home starts off with hugely important "Level-entry" AND "Level-parking" AND bedroom& bath on the main floor! Great room design for everyone's favorite "open floor" plan. Living area opens to outdoor living space with forested views in every direction. Updated Master bedroom with fireplace a newer spa-bath is terriffic and wait till you check out the lower level, now set up as a billards room (could be a theatre room, could be 2 more bedrooms or ??. This level opens to expanded deck for more outdoor space and those mountain views. This property is being offered "turn key", all furnished & decorated... just move right in! AND seller is including plans for an additional living space for a 600sq' ADU. This is such a nice package & simply can't be beat and only $235/sq'!
No exterior & parking available.
Grades K-5 • 2.8 mi
Grades K-8 • 3.1 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 | 71% |
| Square foot | 2,320 | 1,378 | 88% |
| Lot Size | 6,740 | 6,745 | 50% |
| Price | $540.0K | $365.0K | 86% |
| Price per sq ft | $233 | $265 | 33% |
| Built year | 1994 | 1965 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 105 | 210 | 22% |
Apr 10, 2026
$540,000
$545,000
-1% Price Drop
Initial Listing
Mar 7, 2026
$545,000
$549,000
-1% Price Drop
Initial Listing
Feb 24, 2026
$549,000
$545,000
+1% Price Increase
Initial Listing
Feb 8, 2026
$545,000
$550,000
-1% Price Drop
Initial Listing
Jan 7, 2026
$550,000
Initial Listing
Jun 2, 2021
$447,000
Public Record
Jul 17, 2018
$350,000
Public Record
Jun 25, 2013
$305,000
Public Record
Jul 25, 2008
$347,500
Public Record
Oct 31, 2001
$205,000
Public Record