1015 Summit Dr Crestline, CA 92325
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About this home
HUGE PRICE IMPROVEMENT – $100,000 REDUCTION!!! Welcome to 1015 Summit Dr, Crestline— Only a 10 minute drive to Lake Gregory, this beautifully renovated home is now offered at an unbeatable value. Don’t miss your opportunity to own this beautifully upgraded, spacious property at a new, competitive price. Homes like this — especially at this price — don’t come around often. Act fast before it’s gone! 1015 Summit Dr is an elevated retreat offering breathtaking mountain serenity paired with the finest in modern luxury. Perched in a tranquil neighborhood surrounded by towering pines and sweeping hillside views, this fully remodeled gem exudes both sophistication and warmth. As you arrive, the home’s commanding presence and professional landscaping are illuminated by custom outdoor lighting, creating a picture-perfect welcome. Step inside to discover a completely remodeled interior featuring brand-new countertops, cabinetry, premium flooring, and freshly painted living spaces. The attention to detail continues with updated plumbing throughout, offering modern comfort and timeless style. Peace of mind comes standard thanks to extensive exterior upgrades including a new roof with a 45-year warranty, a new furnace with all new heating ducts, all new windows, an upgraded main electrical panel, and a Generac whole-home generator with an automatic transfer switch and Wi-Fi monitoring—ensuring seamless comfort and uninterrupted living in any conditions. Additional features include a separate storage shed that runs along the entire side of the property, providing ample room for tools, equipment, and seasonal items without sacrificing aesthetic appeal. As a bonus, an optional adjacent lot can increase the total lot size to 20,730 sq ft, adding potential for extra parking, a short-term rental setup, or even building an additional income-producing unit. Whether you're sipping coffee on the porch overlooking mountain vistas or enjoying the peaceful comfort of a move-in-ready haven, 1015 Summit Dr is the definition of mountain luxury living.
Source: CRMLS #CV25105453
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FAQs
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.
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.
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.
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.
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 “Save search” 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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.