22815 17 Illahee Dr, Alpine, California 91901, Alpine, 91901 - 3 bed, 3 bath

22815 17 Illahee Dr, Alpine, California 91901 home-pic-0

22815 17 Illahee Dr

Alpine, California 91901

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,521Sq Ft
379,407Lot Size

Property Price

LIST PRICE$1,090,000
EST. MARKET VALUE
$1,130,728
3% BelowMARKET VALUE

SUMMARY

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.

Estimated Market Value

$1,130,728 +$40,728 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Alpine.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
22815 17 Illahee Dr
Subject
$1,090,000*
List Price
332,521$449-
A
22750 Illahee Drive
Active
$1,299,000
List Price
322,868$4530.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

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.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    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.

  • New Construction

    Built in 2024, the property features two brand-new homes, offering modern amenities and minimal immediate maintenance or renovation needs.

  • Expansive & Usable Land

    Situated on nearly nine acres of mostly flat, ranch-style terrain, providing significant privacy, ample space, and versatile outdoor use.

CONSRISKS & DEFICIENCIES

  • Discrepancy in Home Details

    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.

  • Future Listing Date

    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.

  • Lack of Specifics for Second Dwelling

    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.

About 22815 17 Illahee Dr

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!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2024
Lot Size
379,407 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot2,5212,014
64%
Lot Size379,40731,798.801
94%
Price$1.09M$930.0K
61%
Price per sq ft$432$472
34%
Built year20241991
97%
HOA$0$0
50%
Days on market80163
15%

Pricing History

Listed for Sale

Dec 17, 2025

$1,090,000

Initial Listing

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