
Crestline, California 92325
This Modernized Dual-Unit Mountain Retreat is a Versatile Residential Asset listed at $545,000, representing a stable acquisition at its $545,000 Fair Market Value. Boasting an Excellent Condition Rating following a complete electrical overhaul and structural enhancements, the property features two independent units with panoramic lake and treetop views through custom curved glass decks. Modern efficiencies include a tankless water heater and split-system A/C throughout. Located in the Rim of the World district, this turnkey home provides significant lifestyle and income potential for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 999 Mercury Way Subject | $535,000* List Price | 4 | 4 | 1,780 | $296 | - |
A 24646 Lake Gregory Sold | $415,000 | 4 | 2 | 1,530 | $271 | 1.0 mi |
B 23950 Bowl Rd Sold | $459,000 | 4 | 2 | 2,028 | $226 | 0.3 mi |
C 1053 Lausanne Drive Sold | $431,000 | 3 | 3 | 1,644 | $262 | 0.7 mi |
D 24583 Altdorf Drive Sold | $435,000 | 3 | 3 | 1,955 | $223 | 0.9 mi |
E 23804 Lakeview Drive Active | $530,000 List Price | 4 | 2 | 1,544 | $343 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1969, the property has undergone extensive recent renovations that meet the 'excellent' criteria. Significant upgrades include a complete electrical overhaul with a new sub-panel, new windows and sliding doors, a tankless water heater, and a new split-system A/C. The interior features new vinyl flooring throughout, modernized bathrooms with high-end fixtures like a freestanding soaking tub, and structural foundation enhancements, ensuring no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8847, living area = 1780.
The property features two separate living units with independent entries, making it an ideal setup for multi-generational living, guest accommodations, or a high-potential rental income stream.
Significant capital improvements include a complete electrical upgrade, new windows, tankless water heater, and critical foundation enhancements, ensuring long-term structural integrity and efficiency.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1780, other record living area = 1728.
With 1,780 square feet divided into four bedrooms and two separate units, individual living areas and bedrooms may feel somewhat confined.
Despite the extensive renovations, the 1969 original construction may still present limitations in terms of modern floor plan flow compared to newer builds.
Welcome to this beautifully upgraded mountain retreat set on an expansive lot of two combined parcels, offering unmatched space, privacy, & flexibility. This versatile home features two separate units (which can easily be converted into one huge unit if you so prefer), making it ideal for multi-generational living, rental income, or guest accommodations—all while enjoying serene tree and lake views. Step into an inviting open-concept living area with vaulted ceilings, abundant natural light & a charming brick fireplace. The layout flows seamlessly into the dining area & kitchen, creating a perfect setting for gatherings. The upper unit includes 3 spacious bedrooms and 2 full bathrooms. The luxurious primary bedroom with a spa-style bathroom features a freestanding soaking tub, modern tile work, new vanity, and custom built-in cabinetry. This unit boasts a spacious deck with curved glass panels to maximize lake & treetop views. The thoughtfully renovated lower unit offers a brand-new kitchenette, a full bathroom & spacious bedroom with a half bath and direct outdoor access. This unit enjoys its own private deck with exclusive stair access, curved glass panels framing the tree and lake views, a relaxing outdoor seating area with two hanging chairs. A shared laundry room is conveniently accessible to both units. No detail was overlooked in improving comfort, efficiency & style: New split-system A/C unit, Ceiling fans in every room, Complete electrical upgrade, including new sub-panel, switches, and outlets, All ceilings insulated and drywalled, replacing outdated finishes, New windows and sliding glass doors throughout, Tankless water heater for energy efficiency, New vinyl flooring installed throughout, Critical foundation & structural enhancements have been completed, ensuring long-term stability & peace of mind. Deck & outdoor enhancements include: deck railings raised to meet current building codes, curved glass panels installed on both decks to preserve unobstructed scenic views, lower unit features an entirely private deck with separate entry, new security gates installed to fully enclose & distinguish each unit. Whether you're seeking a full-time residence, a vacation home, or a dual-income investment property, this beautifully modernized Crestline gem offers exceptional versatility and comfort. With its expansive lot, thoughtful upgrades, and serene mountain surroundings, this mountain home is truly a rare find. Furnishings are negotiable.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 79% |
| Baths | 4.0 | 2.0 | 92% |
| Square foot | 1,780 | 1,378 | 72% |
| Lot Size | 8,847 | 6,825 | 69% |
| Price | $535.0K | $365.0K | 86% |
| Price per sq ft | $301 | $267 | 64% |
| Built year | 1969 | 1965 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 151 | 210 | 29% |
Apr 3, 2026
$535,000
$545,000
-2% Price Drop
Initial Listing
Feb 16, 2026
$545,000
$585,000
-7% Price Drop
Initial Listing
Nov 22, 2025
$585,000
Initial Listing
Mar 21, 2022
$435,000
Public Record
Jun 26, 2014
$135,000
Public Record
Aug 5, 2002
$115,000
Public Record
Oct 14, 1998
$87,000
Public Record