975 Mercury Way, Crestline, California 92325, Crestline, 92325 - 3 bed, 2 bath
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Crestline, California 92325
This Turnkey Mountain Retreat represents a High-Potential Investment Opportunity, listed at $395,000—positioned slightly above the $378,828 Fair Market Value. Despite the premium, the property maintains a Mint Condition Rating and a proven 4-year track record as a Superhost-rated short-term rental. Featuring a renovated kitchen, private hot tub, and panoramic forest/lake views, the home offers immediate income potential. This asset is an ideal acquisition for Buy-and-Hold Investors seeking a stabilized rental or Owner-Occupants desiring a move-in ready mountain sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 975 Mercury Way Subject | $395,000* List Price | 3 | 2 | 1,060 | $357 | - |
A 757 N Village Lane N Sold | $287,000 | 2 | 1 | 1,090 | $263 | 0.7 mi |
B 24082 Altdorf Drive Sold | $376,000 | 3 | 2 | 992 | $379 | 0.3 mi |
C 730 Hwy 138 Sold | $345,000 | 2 | 2 | 1,173 | $294 | 0.6 mi |
D 23916 Pioneer Camp Sold | $418,000 | 3 | 2 | 1,328 | $315 | 0.4 mi |
E 697 Mormon Springs Sold | $297,000 | 1 | 2 | 752 | $395 | 0.6 mi |
F 23844 Bowl Road Sold | $311,000 | 2 | 1 | 810 | $384 | 0.3 mi |
G 634 Rosehill Drive Sold | $310,000 | 1 | 2 | 960 | $323 | 0.5 mi |
H 23511 Lake Dr Active | $375,000 List Price | 2 | 2 | 1,179 | $318 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1934, the property has undergone a comprehensive modern renovation within the last 5 years. It features a turnkey kitchen with high-end finishes (farmhouse sink, butcher block counters), updated Rinnai heating systems with smart integration, and a new parking deck constructed in 2022. The home is in mint condition with no deferred maintenance.
The property boasts a highly successful 4-year short-term rental history with a 4.96 rating and Superhost status, offering a turnkey opportunity for income-focused buyers.
This 1930s cabin features high-end renovations including a Scandinavian-inspired kitchen, smart home technology, and a newly constructed 2-car parking deck while maintaining its original mountain character.
The inclusion of a private hot tub and a main-level deck with forest and partial lake views significantly enhances the property's appeal for both vacationers and full-time residents.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4182, other record lot size in square feet = 4300. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1060, other record living area = 988. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
The square footage is listed as approximate and not verified, which could lead to valuation discrepancies during the appraisal or inspection process.
The fireplace in the primary suite is explicitly noted as nonfunctional, which may be a disappointment for buyers seeking the full aesthetic and utility of a mountain retreat.
Turnkey Mountain Retreat with Established Short-Term Rental History – "Little Wolf Lodge" Offered at $395,000 | ±1,060 Sq Ft Nestled in the pines of Crestline near Lake Gregory, this beautifully renovated 1930s cabin offers the rare combination of authentic mountain character and many thoughtful modern updates (including a new parking deck, hot tub, new water heater, and many more!) — plus a proven income track record as a highly-rated 4+ year short-term rental (4.96 stars, 71 reviews, Superhost status). The open-concept living area features vaulted knotty pine ceilings and an original wood-burning masonry fireplace. The renovated kitchen includes a built-in stovetop, separate built in oven and microwave, and full coffee/beverage station, opening to a Scandinavian-inspired dining area. The home offers 2 bedrooms plus a versatile upstairs loft, including a main-floor bedroom and a spacious primary suite with its own (nonfunctional) fireplace, private deck access, soaking tub, and large closet. Outdoor living shines with a main-level deck framed by forest and partial lake views and a private hot tub tucked among the trees — both signature features guests consistently highlight in reviews. Additional upgrades include a Rinnai heating system with Nest thermostat integration, smart home/Alexa capability throughout, a 2 car parking deck built in 2022. Also included is a separate shed in the back of the home. Minutes from Lake Gregory, Crestline Canyon, and Heart Rock Trail, with Lake Arrowhead and Big Bear ski resorts within a short drive — this property offers year-round appeal to both full-time residents and vacation buyers. Ideal for: a primary mountain residence, second home, or continued use as an income-producing STR Square footage approximate; not verified. Please note that this home is an active Airbnb.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,060 | 1,310 |
| Lot Size | 4,182 | 6,950 |
| Price | $395.0K | $385.7K |
| Price per sq ft | $373 | $283 |
| Built year | 1934 | 1966 |
| HOA | $0 | $0 |
| Days on market | 16 | 82 |
Jul 6, 2026
$395,000
Initial Listing
Jul 16, 2021
$325,000
Public Record
Nov 7, 2018
$190,000
Public Record
Sep 17, 2013
$100,000
Public Record
May 16, 2003
$97,000
Public Record
Dec 19, 1997
$59,000
Public Record
Jan 2, 1997
$55,000
Public Record