
Alpine, California 91901
This Dual-Living Residential Estate is a Strong Value Opportunity, listed at $1,249,000—positioned well below the $1,334,881 Fair Market Value by 6%. This valuation gap offers $85,881 in Instant Equity for the buyer. Featuring a Mint Condition Rating with high-end renovations, the property includes a detached 3-bedroom guest house on 2.5 acres with Panoramic Mountain Views. This versatile layout is an ideal acquisition for Buy-and-Hold Investors seeking rental income or Owner-Occupants requiring multi-generational living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1331 Ramblewood Subject | $1,249,000* List Price | 6 | 3 | 2,716 | $491 | - |
A 1392 Nancy Lee Ln Sold | $1,050,000 | 4 | 2 | 2,090 | $502 | 0.3 mi |
B 1259 Alpine Estates Pl Sold | $1,150,000 | 4 | 2 | 1,984 | $580 | 0.3 mi |
C 1356 S Grade Rd Sold | $1,230,000 | 4 | 4 | 2,340 | $526 | 1.0 mi |
D 1878 Rancho Jorie Pending | $1,175,000 List Price | 4 | 3 | 2,137 | $550 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1982, the property has undergone a complete, high-end renovation within the last 5 years. The kitchen and bathrooms feature modern cabinetry, quartz countertops, and stainless steel appliances. The home includes updated LVP flooring, contemporary fixtures, and new ductless heating/AC systems, putting it in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 112820, living area = 2716.
The property includes a fully renovated, detached 3-bedroom guest house with its own laundry and climate control, perfect for multi-generational living or potential rental income.
Situated on over 2.5 acres, the estate offers panoramic mountain and rock views with significant space for RV, boat, or trailer parking in a secluded yet accessible setting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2716, other record living area = 1716. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
The property was recently sold within the past year on 2026-01-15. The sold price is $725,000.00.
With a total of 6 bedrooms but only 3 bathrooms across both structures, the property may feel underserved for large families or high-occupancy living.
Welcome to 1331 Ramblewood Road, a beautifully renovated 3-bedroom, 2-bath home plus a 3-bedroom, 1-bath guest house situated on just over 2.5 acres! The home features an open and bright floor plan with decorative wood accents and LVP flooring throughout. The spacious kitchen has been tastefully remodeled with quartz countertops, stainless steel appliances, modern cabinetry, and updated fixtures. The living room offers a cozy wood-burning fireplace and direct access to wrap-around balcony creating a comfortable space for relaxing or entertaining. The primary suite includes an en-suite bathroom and very large closets. 2 additional large bedrooms, a second full bath, a large family room, and a 2 car garage with laundry hook-ups round out some of the main features of the main house. The property also features a detached 3-bedroom, 1-bath guest house completely renovated with almost identical features as the main home. LVP flooring, dual pane windows, spacious kitchen with modern cabinets and fixtures, its own interior laundry room, and ductless heating/a/c. Perfect for extended family and/or friends. Situated on the lower part of the 2.5-acre lot, the property offers additional storage via 2 sheds and driveway with space for additional parking: RV, boat, or trailer. Come enjoy the beautiful mountain, rock, and wood-like views in a private setting yet less than 5 minutes from shopping via Midway Drive to Tavern Road.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 99% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,716 | 2,116 | 69% |
| Lot Size | 112,820 | 25,047 | 85% |
| Price | $1.25M | $1.01M | 76% |
| Price per sq ft | $460 | $463 | 45% |
| Built year | 1982 | 1991 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 121 | 13% |
Jun 3, 2026
$1,249,000
Initial Listing
Jan 15, 2026
$725,000
Public Record