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Mixed-Use Land for Sale in Crestline, California

Lake Dr, Crestline, CA 92325

$450,000
0.4 acres
Active sale
Est $3,312/mo

Rare USP (unique selling proposition) of vacant land parcel with frontage on main thoroughfare of Lake Drive (walking distance to Lake Gregory). 2 Vacant parcels (totalling 17,500 SF) like this are few and/or are more remotely located. This front facing Lake Dr. property is one parcel away from a McDonald's and situated among dozens of busy restaurants, antique and hardware stores, bowling alley, Fox Theatre, and the historic Goodwin & Son's Grocery market in a high foot traffic town center area. The lot also includes a historic monument at the curb that 1930s developers used to brand the area as the "Alps of Southern California." The combined properties are a prized location and marketing dream, one of the hottest in town - will not last long! ------------------------------------------------ This prime location is a "flag lot" commercially zoned and has a 12,000 SQ FT secondary parcel (included in the sales price) behind it that extends up to Zurich zoned Multi-Family. The upslope lot that frames the commercial property on Lake Dr. is a great option to build multi-level apartments, townhomes, or senior residences with a view of Lake Gregory and easy direct access to Lake Drive. A "paseo" could be created on the commercial lot with small businesses or kiosks leading up to the residential parcel (similar to the street created at Two Rodeo in Beverly Hills)Buyers must do their own due diligence with San Bernardino county to determine what structures are permitted.

Location

Street address
Lake Dr
Zip code
92325
Community
Crestline (CRES)
Elevation
4,564 feet

Directions

Vacant lot on Lake Drive (5,000 SF)to the right of McDonalds adjacent to 24068 Lake Dr. for the "flag" and a 12,500 SF behind

Property details

Lot size
0.402 acres17,511 sq ft
Zoning
Commerical, Multi-Family
MLS #
MRMLS IG26139040
Posted

Parcels

  • 0338341010000

Details and features

Listing

Type
Land
Zoning
Commercial & Multi-Family
Franchise
Keller Williams Realty

Lot

View
City, Lake
Features
0-1 Unit/Acre, Flag Lot, Level With Street, Lot 10000-19999 SQFT, Up Slope From Street

Structure

Water
Public

Listing history

DateEventPriceChangeSource
June 26, 2026New listing$450,000MRMLS
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This 0.402-acre property is located at Lake Dr in Crestline, CA 92325. The land is available for sale, priced at $450,000.

Listed by Keller Williams Lake Arrowhead, (562) 577-9958

Checked 2 hours agoUpdated

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