
Crestline, California 92325
This Mountain Retreat represents a Strong Value Opportunity, listed at $285,000—positioned well below the $287,812 Fair Market Value by 1%. This valuation gap offers $2,812 in Instant Equity. With a Condition Rating of 4, the property features a versatile loft and workshop, providing significant potential for cosmetic upgrades. Located near Lake Gregory and the Rim of the World school district, this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a tranquil, functional mountain residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 964 Chateau Drive Subject 2 bd · 1 ba · 1,078 sqft · $264 | $285,000* List Price | 2 | 1 | 1,078 | $264 | - |
A 695 Arth Drive Sold 3 bd · 2 ba · 1,320 sqft · $265 · 0.4 mi | $350,000 | 3 | 2 | 1,320 | $265 | 0.4 mi |
B 1155 Chateau Dr Sold 3 bd · 1 ba · 1,152 sqft · $247 · 0.3 mi | $285,000 | 3 | 1 | 1,152 | $247 | 0.3 mi |
C 24738 Nestal Court Sold 3 bd · 2 ba · 1,482 sqft · $226 · 0.5 mi | $335,000 | 3 | 2 | 1,482 | $226 | 0.5 mi |
D 267 Davos Court Sold 2 bd · 2 ba · 1,060 sqft · $275 · 0.9 mi | $291,000 | 2 | 2 | 1,060 | $275 | 0.9 mi |
E 724 Arosa Sold 3 bd · 3 ba · 1,340 sqft · $224 · 0.3 mi | $300,000 | 3 | 3 | 1,340 | $224 | 0.3 mi |
F 24948 Faulhorn Drive Active 3 bd · 2 ba · 1,080 sqft · $338 · 0.3 mi | $365,000 List Price | 3 | 2 | 1,080 | $338 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, this 72-year-old property is well-maintained but significantly dated. The interior features older wood paneling, original-style beam ceilings, and wall-mounted heating units rather than a modern central HVAC system. While functional and move-in ready as a mountain retreat, the age of the structure and systems suggests a need for minor repairs and aesthetic updates to the kitchen and bath to meet modern standards.
The property features a versatile loft/office and a dedicated workshop beneath the home, providing excellent space for remote work, hobbies, and additional storage.
Situated less than three miles from Lake Gregory, residents enjoy quick access to fishing, boating, and seasonal community events in a serene mountain setting.
Unlike many mountain homes with difficult terrain, this property offers parking directly outside the residence, ensuring easy and hassle-free daily access.
Originally built in 1952, the home may require more frequent maintenance or modern upgrades compared to newer residential properties.
With only one bathroom serving two bedrooms and a loft, the layout may be less convenient for families or when hosting guests.
Welcome to your mountain retreat! Nestled among beautiful mature trees, this charming 2-bedroom, 1-bath home offers the perfect blend of comfort and peaceful mountain living. Inside, you'll find a spacious living room ideal for relaxing or entertaining, along with a versatile loft/office that's perfect for working from home, a guest space, or a cozy reading nook. Convenient parking is located directly outside the home, making everyday access easy and hassle-free. Step outside and enjoy the peaceful front yard, where you can take in the fresh mountain air and serene surroundings. Additional features include a workshop/work room located beneath the home, providing excellent space for hobbies, storage, or projects, as well as a storage shed on the property for added convenience. Ideally located less than 3 miles from beautiful Lake Gregory, you'll have easy access to fishing, lake activities, seasonal events, and all the charm that mountain living has to offer. Whether you're looking for a full-time residence, a weekend getaway, or an investment opportunity, this delightful mountain home offers warmth, character, functionality, and a tranquil setting you'll love coming home to.
No exterior & parking available.
Grades K-5 • 2.9 mi
Grades K-8 • 2.9 mi
Grades 6-8 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.8 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,078 | 1,239.477 |
| Lot Size | 5,260 | 6,761.744 |
| Price | $285.0K | $366.6K |
| Price per sq ft | $264 | $277 |
| Built year | 1952 | 1964 |
| HOA | $0 | $250 |
| Days on market | 82 | 76 |
Aug 27, 2026
$285,000
$299,000
-5% Price Drop
Initial Listing
Aug 3, 2026
$299,000
Initial Listing
Sep 4, 2018
$195,000
Public Record
Feb 1, 1996
$90,000
Public Record