$2,750,000

2804-6 S Grade Rd Alpine, CA 91901

Alpine Area

Estimated payment $17,851/month

5 Beds
4 Baths
2,390 Sq Ft
$1,151 Price per Sq Ft

Highlights

  • 458,251 Sq Ft lot
  • 1-Story Property
  • Partially Fenced Property

About This Home

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.

Listing Agent

Evan Wagley

eXp Realty of California, Inc. License #01494096 Listed on: 07/31/2026

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 10.52 Acre Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 5 Bedrooms
  • 2,390 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Well
  • Septic Design Installed

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Alpine Subdivision

Building Details

  • Operating Expense $11,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

10.52 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1932
  • Unit Levels: 1 Story
  • Property Sub Type: Res Income 2-4 Units
  • Security Features: N/K
  • CapRate: 3.22
  • Co List Office Mls Id: 62775
  • Subdivision Name: ALPINE
  • BuildingName: N/A
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-07-31T18:38:46Z
  • AgeRestrictions: N/K
  • FullAddress: 2804-6 S Grade Rd
  • ShortSale: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Bedrooms: 5

Exterior Features

  • Fencing: Partial
  • Roof: Composition
  • Construction Type: Stucco, Vinyl

Utilities

  • Cooling: Wall/Window
  • Utilities: Septic Installed
  • Water Source: Well on Property

Lot Info

  • Lot Size Sq Ft: 458251.0

Rental Info

  • Tenant Pays: Trash, Cable TV, Electricity, Gas/Propane

Multi Family

  • Number Of Buildings: 3
  • Number Of Units Total: 3
  • Annual Operating Expense: 11100.0

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2026 07/31/26 For Sale $2,750,000 -- $1,151 / Sq Ft
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 260018724

San Diego MLS
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