
Alpine, California 91901
This property presents a High-Potential Investment Opportunity with a List Price of $900,000—positioned above the $848,375 Fair Market Value. While requiring a full rehab due to its Fair Condition Rating, the 1.42-acre lot, detached 4-car garage, and separate 1-bedroom unit offer significant value-add potential. The paid-off solar system and flexible zoning for horses provide rare utility. This asset is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to modernize a 1969 structure and capitalize on the expansive lot's development versatility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1250 Arnold Way Subject | $950,000* List Price | 3 | 2 | 1,922 | $469 | - |
A 1347 Arnold Way Sold | $1,075,000 | 4 | 3 | 2,263 | $475 | 0.2 mi |
B 1819 Lilac Lane Sold | $736,000 | 3 | 2 | 1,650 | $446 | 0.7 mi |
C 1691 Roble Grande Road Active | $696,000 List Price | 3 | 2 | 1,600 | $435 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1969 and explicitly marketed as a 'renovation project' to 'unlock potential,' this property is over 50 years old with dated interiors and original systems. While the structure has 'great bones,' the kitchen, baths, and overall finishes require a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 61855, living area = 1922.
The massive 1.42-acre flat lot offers rare versatility, featuring a detached 4-car garage, ample RV parking, and zoning suitable for horses.
A separate 1-bedroom, 1-bath unit provides excellent potential for rental income, guest quarters, or private multigenerational living.
The property is positioned as a renovation project, requiring a substantial investment of time and capital to modernize the 1969 structure.
Given the home's age and 'fixer' status, buyers may encounter deferred maintenance issues with major systems such as plumbing, electrical, or HVAC.
Unlock the potential of this exceptional property situated on a huge, flat lot with endless possibilities. The main home features 3 bedrooms and 2 bathrooms, including a spacious primary suite with a fireplace, walk-in closet, en-suite bath with walk-in shower, and an additional flex space perfect for a home office, gym, or extra storage. Outside, the property offers incredible value with a detached 4-car garage, ample RV parking, room for horses, and plenty of space for all your toys. The pool and spa provide the foundation for an amazing backyard retreat, while the separate 1-bedroom, 1-bath unit behind the garage offers excellent potential for guest quarters, rental income, or multigenerational living. Solar is paid off. Whether you're an investor searching for your next renovation project or a buyer looking to create your dream property, this is a rare opportunity to transform a home with great bones on an expansive lot into something truly special.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.9 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,922 | 2,312.061 |
| Lot Size | 61,855.199 | 69,593.833 |
| Price | $950.0K | $1.14M |
| Price per sq ft | $494 | $469 |
| Built year | 1969 | 1987 |
| HOA | $0 | $257 |
| Days on market | 37 | 45 |
Sep 4, 2026
$950,000
$900,000
+6% Price Increase
Initial Listing
Aug 3, 2026
$900,000
Initial Listing
Jul 26, 2019
$595,000
Public Record
May 23, 1996
$254,000
Public Record