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$2,750,000
Est. payment /mo
5 Beds
4 Baths
10.52 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Alpine
MLS Listing ID 260018724
Bedrooms 5
Full Baths 4
Year Built 1932
Lot Size 10.520 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
A short distance away from the city center is a rare, near turn-key development or retail investor opportunity in Alpine's fastest-growing corridor. This 10.52± acre property carries a Tentative Map for up to 30 residential lots, currently planned as a 26-lot custom home subdivision. Extensive engineering and due diligence are already complete, cutting the time, risk, and soft costs standing between purchase and construction. Alpine continues to draw buyers seeking spacious, custom homes with access to nature while staying connected to major commuter routes, supporting strong long-term demand and appreciation in this established growth pocket. The property also cash-flows today: existing rental units (up to 4) generate monthly income through the planning and entitlement process. A historic grove of 375+ mature, 100-year-old Mission olive trees and a high-producing private water well add further income potential and lifestyle appeal. Minutes from downtown Alpine, shopping, dining, and freeway access, with Wright's Field hiking and equestrian trails nearby. Entitlement progress, income in place, water rights, and a signature natural setting, a compelling package for developers, investors, and owner-builders ready to create Alpine's next standout residential community.
Location
State CA
County San Diego
Area Inland East
Interior
Cooling Wall/Window
Fireplace No
Exterior
Fence Partial
Utilities Available Septic Installed
View Y/N No
Water Access Desc Well on Property
Roof Type Composition
Building
Story 1
Water Well on Property
Level or Stories 1
Others
Senior Community No
Tax ID 404-430-46-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Evan Wagley, DRE#01494096 eXp Realty of California, Inc.
Nearby Locations
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Jim & Jennie Real Estate Group
Broker/CEO | License ID: 01879102
Broker/CEO License ID: 01879102