2638 W Victoria, Alpine, California 91901, Alpine, 91901 - 5 bed, 3 bath
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Alpine, California 91901
This renovated multi-generational estate is a Prime Investment Opportunity, listed at $998,000—positioned well below the $1,034,855 Fair Market Value by 3%. This valuation gap offers $36,855 in Instant Equity. Boasting a Condition Rating of 2, the home features a Granite Kitchen, Panoramic Mountain Views, and a 1.02-acre lot with 3-Unit Development Potential. Located in the Grossmont Union district, it includes a ground-level suite perfect for rental income. This is an ideal acquisition for Owner-Occupants or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2638 W Victoria Subject | $998,000* List Price | 5 | 3 | 2,112 | $473 | - |
A 2406 Mcdougal Place Pending | $975,000 List Price | 4 | 2 | 2,304 | $423 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that brings it up to modern standards. The kitchen is fully updated with granite countertops, sleek white cabinetry, and high-end stainless steel appliances including a dual oven. Bathrooms feature contemporary tiling, dual vanities, and updated fixtures. With new flooring throughout, recessed lighting, and energy-efficient solar panels, the home shows no signs of deferred maintenance and reflects current design trends despite its 1987 original build date.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44431, living area = 2112.
The oversized 1.02-acre corner lot is uniquely positioned for high-yield investment, offering the necessary footprint and street access for a potential 3-unit development or ADU expansion.
The property features unobstructed, breathtaking mountain and valley views from every floor and multiple outdoor living spaces, providing a premium aesthetic and high resale appeal.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The solar panels are under a Tesla Power Purchase Agreement (PPA), which requires the buyer to assume an existing contract rather than owning the system outright.
While marketed for development, the multi-unit potential is subject to buyer verification with county zoning, posing a risk if local regulations do not align with the proposed 3-unit vision.
This stunning, masterfully renovated home is nestled on over an acre of land, offering breathtaking, unobstructed panoramic views of the surrounding mountains and valleys. The property features a spacious, light-filled, open-concept floor plan designed for both daily living and entertaining. Unlock the incredible potential of this rare, oversized corner lot, perfectly positioned to maximize rental income or multi-generational living. This property features a solid primary residence, offering an immediate home while providing the footprint, setbacks, and street access necessary for a high-yield, 3-unit development. Features, Bedrooms/Bathrooms: 5 bedrooms, 3 full bathrooms. Square Footage: 2,112 sq. ft. of living space. Lot Size: 1.02 acres (44,431 sq. ft.). Views: Enjoy panoramic mountain and valley views from every floor and multiple outdoor areas. Interior Highlights Main Level: An open-concept living area and kitchen greet you upon entry, with large windows to soak in the views. This level includes a den or optional bedroom and access to a large deck that spans the rear of the home. The upper level houses a private bedroom with its own balcony and a master suite that serves as a tranquil retreat. The master suite includes a fireplace, an office space, a spacious walk-in closet, dual vanities, a jetted tub, and a separate shower with multiple showerheads. A convenient laundry room is also located on this floor. Ground Level: The ground floor features an additional bedroom and full bathroom, a kitchenette, living space, and family room, ideal for guests or multi-generational living. This level provides direct access to the rear patio and expansive backyard. Kitchen: The modern kitchen is a chef's dream with sleek stainless steel appliances, including a dual oven and granite counters. The property features a large rear deck for entertaining, a ground-level patio, an expansive backyard with various fruit trees. Driveway/Parking: A circular driveway is available, with additional connected driveway leading to the backyard, storage areas, and a large shed. Parking for up to 7 vehicles is available. Home has energy-efficient solar panels (Tesla Power Purchase Agreement) to help reduce utility costs. Located in the foothills of eastern San Diego County, it offers a peaceful, tight-knit community lifestyle with easy access to shops, restaurants, hiking trails, and Interstate 8. Buyer 2verify ADU information with the county zoning commission.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,112 | 2,106.5 | 50% |
| Lot Size | 44,431 | 29,838 | 57% |
| Price | $998.0K | $950.0K | 59% |
| Price per sq ft | $473 | $459 | 59% |
| Built year | 1987 | 1991 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 100 | 143 | 33% |
Jan 12, 2026
$998,000
Initial Listing
Aug 11, 2023
$900,000
Public Record
Mar 21, 2002
$350,000
Public Record