301 Arnold Way, Alpine, California 91901, Alpine, - bed, bath

ACTIVE$840,000
301 Arnold Way, Alpine, California 91901
2Beds
1Bath
1,000Sqft
4,697,946Lot
Year Built
1970
Close
-
List price
$840K
Original List price
$840K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2508109
Home ConditionPoor
Features
Good View: Mountain(s), Valley
ViewMountain(s), Valley
About this home
Welcome to an amazing opportunity to own 3 APN's in Alpine. The home currently is a 2 bed, 1 bath with an amazing open combined dining and living space. The kitchen is plenty large making this home great for entertaining. With the potential to split into multiple lots, this property offers the potential for a subdivision development. This property is located in the middle of Alpine adjacent to the Endangered Habitat Conversancy. Views to both the lake behind the mountain and El Capitan Reservoir, this property is prime for a builders vision. APN: 403-011-04-00, 402-210-21-00, 402-210-22-00
Price History
Date
Event
Price
10/27/25
Listing
$840,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (79 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 8% |
| Baths | 1 | 3 | 4% |
| Square foot | 1,000 | 2,287 | 1% |
| Lot Size | 4,697,946 | 57,499 | 81% |
| Price | $840K | $975K | 25% |
| Price per square foot | $840 | $471.5 | 99% |
| Built year | 1970 | 9950995 | 11% |
| HOA | |||
| Days on market | 9 | 182 | 1% |
Condition Rating
Poor
Built in 1970, this property is over 50 years old with no evidence of significant recent renovations. The kitchen features extremely dated dark wood cabinets, laminate countertops, and old white appliances, along with an outdated fluorescent light fixture. The single bathroom is similarly dated with an old vanity and fixtures. While the living area has updated laminate flooring, the overall aesthetic, including wood paneling and a dated stone fireplace, points to a need for substantial rehabilitation. The property's description as 'prime for a builders vision' further suggests that the existing structure requires major investment to meet current standards, making it uncomfortable and undesirable in its current state.
Pros & Cons
Pros
Significant Development Potential: The property includes 3 APNs with explicit mention of potential for subdivision and development, making it an ideal opportunity for builders and investors.
Expansive Lot Size: An exceptionally large lot of approximately 107.8 acres provides ample space for substantial development or a private, sprawling estate.
Panoramic Scenic Views: Offers desirable views of mountains, valleys, a lake, and El Capitan Reservoir, significantly enhancing the property's appeal and potential future value.
Unique Multi-APN Offering: The inclusion of three separate Assessor's Parcel Numbers (APNs) provides flexibility for future planning, phased development, or individual sales.
Secluded Natural Setting: Located in the middle of Alpine and adjacent to an Endangered Habitat Conversancy, offering privacy and a strong connection to nature.
Cons
Small, Dated Existing Residence: The current 2-bed, 1-bath, 1000 sqft home built in 1970 is likely undersized and dated for the expansive lot, suggesting it may require significant renovation or demolition for optimal use.
Niche Buyer Appeal: The property's primary value lies in its development potential, targeting a specific market of builders or investors rather than typical residential buyers seeking a move-in ready home.
Potential Development Restrictions: Proximity to an 'Endangered Habitat Conversancy' could introduce environmental regulations or complexities that might impact the scope or timeline of future development.

