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$499,999 $SIGNI

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24757 Basel Dr, Crestline, CA 92325

3 beds · 3 baths · 1,390 sqft

Welcome to your dream mountain retreat! Nestled in the heart of the San Bernardino Mountains, this charming 3-bedroom, 2.5-bathroom home offers the perfect blend of cozy comfort and serene natural beauty. With 1,390 square feet of thoughtfully designed living space, this property is an ideal escape for those seeking a peaceful getaway or a year-round residence in a picturesque alpine setting. Step inside and be greeted by a warm, inviting interior featuring a spacious living area with large windows that frame stunning views of the surrounding forest. The open-concept layout seamlessly connects the living room to a well-appointed kitchen, complete with modern appliances and ample cabinetry—perfect for preparing meals to enjoy on your private deck. Imagine sipping your morning coffee or hosting a barbecue while soaking in the crisp mountain air and the sounds of rustling pines surrounding an active creek. The exterior of this home is just as captivating, with its classic cabin charm highlighted by a striking red front door and a spacious deck that wraps around the front, offering plenty of space for outdoor relaxation. The multi-level backyard allows for fun and relaxation while immersing you in nature. The attached garage and flat driveway provides convenient storage for your vehicles or outdoor gear, making it easy to explore the nearby hiking trails, ski slopes, or the sparkling waters of Lake Gregory, just minutes away. Set on a generous lot surrounded by towering trees, this home offers privacy and tranquility while remaining close to the quaint shops, restaurants, and community events of downtown Crestline. Whether you're looking for a weekend retreat, a full-time residence, or a lucrative vacation rental opportunity, 24757 Basel Dr delivers the ultimate mountain lifestyle. Don’t miss your chance to own a piece of paradise—schedule your private tour today and start living the mountain dream!

Estimated
Seller's interest rate
5.375%
7%
Estimated
Principal & interest
$2,639/mo.
$3,106
You may also save up to $154,143 in total interest paid.

Financials

Seller’s estimated current equity is $SIGNI
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,639 monthly payment

Financed
$SIGNIN
Location
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Details
Home
Size
1,390 sqft
Lot size
0.1986 acres
Year built
1994
Type
Single Family Residence
HOA dues
$0.00

Source: CRMLS #CV25066468

Loan
Remaining term
27 yrs and 6 mos
Rate
5.375%
Monthly P&I
$2,639
Remaining loan balance
$SIGNIN Sign in to view

Source: Public records

Who can qualify

To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

Other resources
Frequently asked questions

What is Roam?

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Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.

What is an assumable mortgage?

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An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.

Why is an assumable mortgage valuable?

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When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.

How can you find assumable mortgage listings?

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Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.

Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.

How do I qualify for an assumable mortgage?

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To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

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Last updated: Mar 28, 2025 09:09 am
Listing agent: Allen Porter
Listing provided courtesy of: ALLEN DELL PORTER (909) 635-5926
Details provided by CRMLS and may not match the public record.
MLS ID: #CV25066468
Based on information from California Regional Multiple Listing Service, Inc. as of Apr 02 2025 - 02:54 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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