22864 Alder Lane, Crestline, California 92325, Crestline, - bed, bath

home-pic
ACTIVE$325,000
22864 Alder Lane, Crestline, California 92325
2Beds
2Baths
972Sqft
5,000Lot
Year Built
1940
Close
-
List price
$325K
Original List price
$325K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IV25196459
Home ConditionFair
Features
Good View: Mountain(s)
Deck
ViewMountain(s)

About this home

Assume a 2.49% VA Loan – Save Big in Today’s Market! Cozy Upgraded Mountain Home with Workshop, Deck & Room to Grow! Step into this beautifully upgraded mountain home, featuring a spacious kitchen with abundant cabinets and countertops—perfect for cooking and entertaining. The living room, centered around a cozy fireplace, invites relaxation, while the oversized loft serves as a flexible second bedroom or bonus space. With 1 1/2 bathrooms, a laundry room, and a mini-split AC system for those warmer days, comfort is always within reach. Entertain in the rear yard with a large sun deck, or take advantage of the expansive workshop with extra storage for all your projects and hobbies. The generous corner lot, bordered by three streets, provides ample parking including an RV and even the potential to add an ADU. Located just two miles from Lake Gregory, you’ll enjoy endless outdoor recreation. The charming town of Crestline offers fresh mountain air, friendly neighbors, and the slower pace of life that makes mountain living so special.

Nearby schools

3/10
Valley Of Enchantment Elementary School
Public,K-50.2mi
5/10
Mary P. Henck Intermediate School
Public,6-85.4mi
/10
Rim Virtual
Public,K-85.6mi
6/10
Rim Of The World Senior High School
Public,9-125.6mi

Price History

Date
Event
Price
09/12/25
Listing
$325,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (129 Listings)
Beds23
40%
Baths22
50%
Square foot9721,315
29%
Lot Size5,0006,778
27%
Price$325K$350K
39%
Price per square foot$334$273
78%
Built year19409820982
19%
HOA
Days on market53166
2%
Condition Rating
Fair

The property, built in 1940, has undergone renovations, but the visible upgrades, particularly in the kitchen, appear to be 15-25 years old. The kitchen features traditional wood cabinets, white tile countertops, and a mix of older black appliances with a newer stainless steel refrigerator, indicating functionality but an outdated style. The living room also shows signs of age with carpeted flooring and a dated ceiling fan. While the exterior and deck appear well-maintained, and a modern mini-split AC system is a positive, the overall interior aesthetic and age of the primary renovations suggest it requires minor updates to meet current quality standards and buyer expectations. No clear bathroom images were provided, but it's reasonable to assume they align with the kitchen's renovation timeline.
Pros & Cons

Pros

Assumable VA Loan: The property offers a significant financial advantage with an assumable VA loan at a low 2.49% interest rate, highly attractive in the current market.
Upgraded Interior & Kitchen: Features a beautifully upgraded interior, including a spacious kitchen with abundant cabinets and countertops, providing a modern and functional living space.
Versatile Outdoor Amenities: Includes a large sun deck for entertaining and an expansive workshop with extra storage, catering to hobbies and practical needs.
ADU Potential & Ample Parking: Situated on a generous corner lot bordered by three streets, offering ample parking, including RV space, and potential for adding an Accessory Dwelling Unit (ADU).
Desirable Mountain Lifestyle & Location: Located just two miles from Lake Gregory, providing access to outdoor recreation, and offering the fresh air and slower pace of mountain living in charming Crestline.

Cons

Age of Property: Built in 1940, the property's age may imply older infrastructure or systems that could require future maintenance, despite recent upgrades.
Loft as Second Bedroom: The 'oversized loft' serves as a flexible second bedroom, which may lack the privacy or traditional appeal of a fully enclosed, dedicated bedroom for some buyers.
Listing Price vs. Estimated Value: The current listing price of $325,000 is 7% higher than the estimated property value of $301,776.02, potentially indicating it is priced above current market estimations.

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