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1528 Olivewood Ln 1.62 Acres of Residential Land Offered at $950,000 in Alpine, CA 91901
Investment Highlights
- Zoned VR-15 – Potential to build up to 24 residential units (15 units per acre on 1.62 acres)
- Backs to Wright's Field Preserve – Offers scenic views and long-term privacy for future residents
- Rare Infill Opportunity – One of the few multi-unit development sites in Alpine
- Strong Residential Demand – Located near schools, retail, and I-8 with limited local housing supply
Executive Summary
Marcus & Millichap is pleased to present 1528–44 Olivewood Lane, a 1.62-acre development site in the desirable Alpine community of East San Diego County. Zoned VR-15, the property allows for up to 24 residential units (subject to zoning and parking).
The site includes two vacant structures and offers a flat, rectangular layout ideal for redevelopment. It backs directly onto Wright’s Field Nature Preserve, providing privacy, scenic views, and added long-term appeal. With strong local housing demand and proximity to schools, retail, and I-8, this is a rare development opportunity in a supply-constrained market.
The site includes two vacant structures and offers a flat, rectangular layout ideal for redevelopment. It backs directly onto Wright’s Field Nature Preserve, providing privacy, scenic views, and added long-term appeal. With strong local housing demand and proximity to schools, retail, and I-8, this is a rare development opportunity in a supply-constrained market.
Property Facts Under Contract
| Price | $950,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 1.62 AC |
| Property Type | Land |
| Price | $950,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 1.62 AC |
1 Lot Available
Lot
| Price | $950,000 | Lot Size | 1.62 AC |
| Price Per AC | $586,419.75 |
| Price | $950,000 |
| Price Per AC | $586,419.75 |
| Lot Size | 1.62 AC |
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1528 Olivewood Ln
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