
Crestline, California 92325
This 1965 Chalet-Style Value-Add Asset is listed at $305,000, currently positioned above the $226,820 Fair Market Value. While the initial valuation reflects a premium, the property’s Condition Rating of 5 and original 1960s finishes offer a clear path for forced appreciation through strategic modernization. Key features include a functional split-level layout, a spacious deck with mountain views, and rare level parking in the Rim of the World district. This project is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on Crestline's mountain retreat market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 997 Berne Subject | $305,000* List Price | 3 | 2 | 1,040 | $210 | - |
A 24897 Basel Drive Sold | $240,000 | 3 | 2 | 840 | $286 | 0.2 mi |
B 319 Dorn Drive Sold | $307,500 | 2 | 2 | 886 | $347 | 0.8 mi |
C 24941 Faulhorn Drive Sold | $300,000 | 3 | 2 | 947 | $317 | 0.2 mi |
D 724 Arosa Sold | $300,000 | 3 | 3 | 1,340 | $224 | 0.3 mi |
E 1155 Chateau Active | $299,999 List Price | 3 | 1 | 1,152 | $260 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is nearly 60 years old (built 1965) and appears to be in original condition with no significant renovations. The kitchen features 1960s-era cabinetry and orange laminate countertops, while the living areas contain aged shag carpeting and wood paneling. Although the listing describes it as functional, the age of the systems and the need for a complete cosmetic and likely mechanical overhaul classify it as a rehab project.
This 1965 Chalet-style home features classic architectural charm and a cozy fireplace, offering the quintessential mountain aesthetic that is highly desirable for vacation rentals or seasonal retreats.
While mountain properties often struggle with access, this lot features a driveway that levels off at the top, providing rare and convenient flat parking area for multiple vehicles.
The split-level floor plan intelligently separates the main living and entertaining areas on the upper floor from the private bedroom quarters on the lower level, maximizing the home's utility.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property requires cosmetic updates and new flooring throughout, indicating deferred maintenance that will require additional capital investment immediately upon purchase.
The home is currently all-electric; while gas is available at the street, the lack of existing gas infrastructure within the home may lead to higher heating costs in a mountain climate.
Charming Chalet-style home full of character and mountain appeal! This all-electric property (with gas available at the street) offers a functional layout and great potential for customization. The sloped driveway provides ample parking and levels off at the top for added convenience. Inside, you'll find classic 1965 charm throughout, offering a warm and nostalgic feel. The lower level features two bedrooms and one bathroom, creating a private retreat away from the main living space. Upstairs, enjoy a comfortable living room with a cozy fireplace, flowing seamlessly into the dining area and kitchen -- perfect for everyday living or entertaining. A second bathroom is conveniently located on this level. With a little updating, including new flooring, this home is a fantastic opportunity to make it your own while preserving it's unique style and character.
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 | 2.0 | 2.0 | 50% |
| Square foot | 1,040 | 1,343 | 24% |
| Lot Size | 5,454 | 6,920 | 33% |
| Price | $305.0K | $360.0K | 22% |
| Price per sq ft | $293 | $282 | 56% |
| Built year | 1965 | 1965 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 179 | 5% |
May 1, 2026
$305,000
Initial Listing
May 13, 1988
$75,000
Public Record