
Alpine, California 91901
Analysis of 22815 17 Illahee Dr, Alpine, California 91901 reveals a Prime Investment Opportunity with a current list price of $1,090,000—significantly undercutting the $1,130,728 Fair Market Value by 3%. This valuation gap indicates a +$40,728 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Alpine Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22815 17 Illahee Dr Subject | $1,090,000* List Price | 3 | 3 | 2,521 | $449 | - |
A 22750 Illahee Drive Active | $1,299,000 List Price | 3 | 2 | 2,868 | $453 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2024, making it brand new. The listing explicitly states 'two brand-new homes' and the images confirm a pristine condition throughout. The kitchens feature new stainless steel appliances, modern wood-look cabinetry, and granite/laminate countertops. Bathrooms are equally new with matching vanities, clean white fixtures, and modern showers. All flooring (wood-look laminate and carpet) and light fixtures are new, indicating no deferred maintenance and minimal physical depreciation. The overall quality meets the highest standards for a newly constructed property.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 379407, living area = 2521.
Built in 2024, the property features two brand-new homes, offering modern amenities and minimal immediate maintenance or renovation needs.
Situated on nearly nine acres of mostly flat, ranch-style terrain, providing significant privacy, ample space, and versatile outdoor use.
The description mentions 'two brand-new homes,' but the property type is listed as 'Single Family Residence' with only one set of beds, baths, and square footage provided, which requires clarification.
The 'on_market_date' and 'modified_timestamp' are set in the future (2025/2026), which is unusual for an active listing and may indicate a data entry error or a very early pre-market launch.
While a second home is mentioned, detailed information regarding its size, layout, and specific features is not provided, making it difficult to fully assess its value and functionality.
Alpine Ranch Living: Two Homes, Nine Acres, Endless Potential Experience the ultimate in peace and privacy with this rare and remarkable offering nestled in the serene hills of Alpine. Situated on nearly nine acres of mostly flat, ranch-style terrain, this property features two brand-new, . Whether you are looking for the perfect multi-generational living setup or an income-producing opportunity where you live in one and rent the other, this layout offers unmatched flexibility. With such generous acreage at your disposal, you are free to dream big—from building a custom guest house or a massive workshop to riding horseback across your own land. Enjoy wide-open vistas and a quiet country lifestyle without sacrificing convenience, as you’re just minutes from Alpine’s local amenities and major highways. This isn't just a property; it's the beginning of your next chapter!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,521 | 2,108.5 | 68% |
| Lot Size | 379,407 | 29,838 | 96% |
| Price | $1.09M | $950.0K | 63% |
| Price per sq ft | $432 | $456 | 35% |
| Built year | 2024 | 1991 | 98% |
| HOA | $0 | $0 | 50% |
| Days on market | 126 | 143 | 43% |
Dec 17, 2025
$1,090,000
Initial Listing