1331 Ramblewood, Alpine, California 91901, Alpine, 91901 - 6 bed, 3 bath
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Alpine, California 91901
This Turnkey Multi-Generational Estate is a High-Potential Investment Opportunity, listed at $1,220,000—positioned well below the $1,269,070 Fair Market Value by 3%. This valuation gap offers $49,070 in Instant Equity. Featuring a Mint Condition Rating, the property includes a fully renovated main house and detached guest house on 2.5 acres with Panoramic Mountain Views. This versatile asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants requiring flexible, high-end living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1331 Ramblewood Subject | $1,220,000* List Price | 6 | 3 | 2,716 | $467 | - |
A 1165 Midway Dr Sold | $1,150,000 | 4 | 4 | 3,153 | $365 | 0.0 mi |
B 1392 Nancy Lee Ln Sold | $1,050,000 | 4 | 2 | 2,090 | $502 | 0.3 mi |
C 1878 Rancho Jorie Sold | $1,175,000 | 4 | 3 | 2,137 | $550 | 0.9 mi |
D 1259 Alpine Estates Pl Sold | $1,150,000 | 4 | 2 | 1,984 | $580 | 0.3 mi |
E 1421 Blue Lilac Pending | $1,100,000 List Price | 4 | 3 | 2,146 | $513 | 0.1 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. Both the main house and guest house feature modern kitchens with quartz countertops and stainless steel appliances, new LVP flooring, updated fixtures, and modern ductless HVAC systems, placing it in mint 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, providing exceptional value for multi-generational living or potential rental income.
Situated on over 2.5 acres, the estate offers panoramic mountain and rock views, privacy, and ample space for RV, boat, or trailer parking.
The property was recently sold within the past year on 2026-01-15. The sold price is $725,000.00.
With 6 total bedrooms but only 3 bathrooms across both units, the bathroom-to-bedroom ratio may be insufficient for large families or high-occupancy use.
While cosmetically renovated, the 1982 original construction date suggests that core systems like roofing or plumbing may require future attention compared to newer builds.
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 |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,716 | 2,162 |
| Lot Size | 112,820 | 49,658 |
| Price | $1.22M | $1.07M |
| Price per sq ft | $449 | $466 |
| Built year | 1982 | 1991 |
| HOA | $0 | $265 |
| Days on market | 16 | 48 |
Jul 6, 2026
$1,220,000
Initial Listing
Jan 15, 2026
$725,000
Public Record