
Alpine, California 91901
This Renovated Single Family Residence is a Strong Value Opportunity, listed at $999,900—positioned well below the $1,080,268 Fair Market Value by 7%. This valuation gap offers $80,368 in Instant Equity. Featuring a Modern Chef's Kitchen, Panoramic Views, and a Versatile Multi-Generational Layout, the property maintains a Condition Rating of 2. With its 1.02-acre lot and development potential, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield, move-in ready asset in Alpine.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2638 W Victoria Drive Subject | $999,900* List Price | 5 | 3 | 2,112 | $511 | - |
A 2406 Mcdougal Place Sold | $950,000 | 4 | 2 | 2,304 | $412 | 0.1 mi |
B 2869 Polk Rd Sold | $899,900 | 3 | 3 | 1,590 | $566 | 0.8 mi |
C 2638 W Victoria Active | $998,000 List Price | 5 | 3 | 2,112 | $473 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1987, the property has undergone a masterful renovation within the last 5 years. It features a modern chef's kitchen with granite countertops and stainless steel appliances, updated bathrooms including a master suite with a jetted tub and multiple showerheads, and energy-efficient upgrades like Tesla solar panels. The interior is in mint condition and move-in ready.
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 provides a rare opportunity for high-yield investment, offering the necessary setbacks and street access for a potential 3-unit development or ADU expansion.
The property features breathtaking, unobstructed mountain and valley views from every level, including a large rear deck and a private master suite balcony, significantly enhancing its premium feel.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The solar system is under a Tesla Power Purchase Agreement (PPA), which may be less desirable to buyers than an owned system and requires the assumption of a long-term contract.
Fitting five bedrooms into 2,112 square feet suggests that individual room sizes may be relatively compact, which could be a drawback for buyers seeking more spacious secondary bedrooms.
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 | 4.0 | 94% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,112 | 2,116 | 49% |
| Lot Size | 44,431 | 25,047 | 56% |
| Price | $999.9K | $996.0K | 50% |
| Price per sq ft | $473 | $464 | 54% |
| Built year | 1987 | 1991 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 121 | 13% |
Jun 2, 2026
$999,900
Initial Listing
Aug 11, 2023
$900,000
Public Record
Mar 21, 2002
$350,000
Public Record