tomo logo

$575,000

Beds
3
Baths
2.0
sq ft
1,740

550 Arbula Dr, Crestline, CA 92325

550 Arbula Dr

Crestline, CA 92325

  • 14 days on market
Discover this beautiful home nestled in the heart of Crestline, just moments away from the serene shores of Lake Gregory. Whether you're looking for a year-round residence or a mountain getaway, this meticulously maintained property offers the perfect blend of comfort and convenience. The home is easily accessible via well-maintained roads, making it ideal for all seasons. Step inside to a spacious downstairs living area featuring vaulted knotty pine ceilings and a grand brick fireplace that creates a cozy and inviting atmosphere. The kitchen boasts ample storage, large windows for abundant natural light, and plenty of space to prepare meals for family and friends. Upstairs, you’ll find two generously sized bedrooms connected by a Jack and Jill bathroom, as well as a versatile loft area that can serve as a small office or reading nook. Modern amenities include a whole-house fan, central AC and heating, and a recently installed tankless water heater, ensuring year-round comfort. The fully fenced backyard is a private oasis with a lower deck that features an above-ground spa and a cozy seating area, perfect for relaxing or entertaining. Additional highlights include a single-car garage, extra parking space in the front for guests, and RV parking. Conveniently located close to town, this home offers low taxes and no HOA, making it an excellent investment or forever home. Don’t miss the opportunity to own a slice of mountain paradise near Lake Gregory!

Details

Property type

Single Family Residence

Est. home value

$488,969

Lot size

7,500 sq ft

Price per sq ft

$331

Year built

1998

HOA

No

Price History

01/22/2025
CRMLS

CRMLS #SW25015608

Listed
$575,000
+15.23%
11/03/2022
CRMLS

CRMLS #IG22214135

Sold
$499,000
+78.21%
01/22/2016
CRMLS

CRMLS #EV15127175

Sold
$280,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Rim of the World

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$62,234
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$466,766
Cash to seller
$62,234

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Modern Mortgage Lending Inc

Loan start date

September 2022

Original loan amount

$484,030

Est. remaining balance

$466,766

Interest rate

4.99%

Loan type

New Conventional, 30 year

Seller

Jennifer Olvera and Cynthia Olvera

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/05/2025 at 7:00 AM

Listing updated: 01/23/2025 at 4:00 PM

Listed by: Jake Fioresi, Abundance Real Estate Phone #: (951) 260-2098

MLS: CRMLS #SW25015608

CRMLS logo

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