Real Estate Investment Properties for Sale in Alpine, CA

Looking for investment property in Alpine, CA with high ROI ?

Explore a variety of short-term homes & houses in Alpine, CA. Invest wisely with VRBO & Alpine, CA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Alpine, CA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2284 Marquand Court Alpine, CA Welcome to this freshly updated Alpine home, nestled in the serene Ponderosa Estates on a ...	5 beds \| 3 baths \| 2,224 sq.ft.	$944,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.94% Airbnb Rental Income: $null Traditional Rental Income: $5098 Airbnb ROI: N/A Traditional ROI: 3.94%
2406 MCDOUGAL PL Alpine, CA WOW - VIEW - VIEW - VIEW - INCREDIBLE SINGLE STORY - LOOKS LIKE A MODEL - METICULOUS - TUR...	4 beds \| 2 baths \| 2,304 sq.ft.	$1,049,900	Airbnb cash on cash: 8.16% Traditional cash on cash: 2.39% Airbnb Rental Income: $11955 Traditional Rental Income: $4145 Airbnb ROI: 8.16% Traditional ROI: 2.39%
1518 Olivewood Lane Alpine, CA Welcome to this Alpine gem hidden beneath the mature oak trees that may seem like it's out...	1 beds \| 1 baths \| 754 sq.ft.	$599,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 2.54% Airbnb Rental Income: $1577 Traditional Rental Income: $2277 Airbnb ROI: 0.48% Traditional ROI: 2.54%
1453 OLIVEWOOD LN Alpine, CA AMAZING OPPORTUNITY IN ALPINE. 2 HOMES LOCATED IN THE HEART OF ALPINE WITHIN WALKING DISTA...	3 beds \| 3 baths \| 2,286 sq.ft.	$875,000	Airbnb cash on cash: 2.29% Traditional cash on cash: 4.77% Airbnb Rental Income: $3864 Traditional Rental Income: $5052 Airbnb ROI: 2.29% Traditional ROI: 4.77%
2288 Boulders Ct Alpine, CA Rare Opportunity in a Peaceful Alpine Neighborhood! Welcome to this immaculate 4-bedroom, ...	4 beds \| 3 baths \| 2,116 sq.ft.	$959,000	Airbnb cash on cash: 9.15% Traditional cash on cash: 3.04% Airbnb Rental Income: $11955 Traditional Rental Income: $4312 Airbnb ROI: 9.15% Traditional ROI: 3.04%
3029 N Victoria Drive Alpine, CA NEW AND IMPROVED!!!Back on the market with modern upgrades and even more appeal! This stun...	4 beds \| 4 baths \| 3,705 sq.ft.	$1,600,000	Airbnb cash on cash: 4.76% Traditional cash on cash: 1.22% Airbnb Rental Income: $11955 Traditional Rental Income: $4519 Airbnb ROI: 4.76% Traditional ROI: 1.22%
573 Lilac Ranch Rd Alpine, CA Luxurious newly built custom estate on 3.84 acres in Alpine. This 5,831 sq ft single-level...	4 beds \| 6 baths \| 5,831 sq.ft.	$2,685,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 2.67% Airbnb Rental Income: $11955 Traditional Rental Income: $10148 Airbnb ROI: 2.52% Traditional ROI: 2.67%
2894 Scenic View Road Alpine, CA Situated on nearly 1-acre in a desirable Alpine neighborhood, this 3 bedroom, 3 full bath ...	3 beds \| 3 baths \| 2,281 sq.ft.	$849,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 4.39% Airbnb Rental Income: $3864 Traditional Rental Income: $4954 Airbnb ROI: 1.96% Traditional ROI: 4.39%
2616 ALPINE BLVD #7 Alpine, CA 2 BEDROOM, 2 BATH SINGLE STORY CORNER UNIT CONDO IN ALPINE AND THIS ONE IS LOADED, INCLUDI...	2 beds \| 2 baths \| 864 sq.ft.	$399,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 4.23% Airbnb Rental Income: $1930 Traditional Rental Income: $2810 Airbnb ROI: 0.51% Traditional ROI: 4.23%
2882 Conestoga Circle Alpine, CA Rancho Palo Verde's Finest! Extraordinary 6,470 sq ft country estate, featuring an elegant...	3 beds \| 5 baths \| 6,470 sq.ft.	$3,335,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 0.89% Airbnb Rental Income: $3864 Traditional Rental Income: $8006 Airbnb ROI: -0.72% Traditional ROI: 0.89%
2772 Firebrand Drive Alpine, CA Welcome to 2772 Firebrand Drive also known as âCasa EnsueÃ±o.â This DREAM HOME is a st...	4 beds \| 5 baths \| 4,534 sq.ft.	$2,199,900	Airbnb cash on cash: 2.94% Traditional cash on cash: 1.98% Airbnb Rental Income: $11955 Traditional Rental Income: $7810 Airbnb ROI: 2.94% Traditional ROI: 1.98%
740 S Grade Road Alpine, CA Charming single-family home on over an acre in Alpine! This inviting property offers three...	3 beds \| 2 baths \| 1,236 sq.ft.	$750,000	Airbnb cash on cash: 2.89% Traditional cash on cash: 3.66% Airbnb Rental Income: $3864 Traditional Rental Income: $3570 Airbnb ROI: 2.89% Traditional ROI: 3.66%
2157 Arnold Way unit: 324 #324 Alpine, CA Welcome to your Alpine Treehouse Retreat! Surrounded by lush trees, this Alpine Oaks condo...	2 beds \| 2 baths \| 960 sq.ft.	$419,900	Airbnb cash on cash: 0.19% Traditional cash on cash: 3.91% Airbnb Rental Income: $1930 Traditional Rental Income: $2883 Airbnb ROI: 0.19% Traditional ROI: 3.91%
2361 Columbine Dr Alpine, CA Welcome to your private Alpine retreat! Nestled in one of East County's most sought-after ...	3 beds \| 2 baths \| 1,658 sq.ft.	$860,000	Airbnb cash on cash: 1.89% Traditional cash on cash: 2.91% Airbnb Rental Income: $3864 Traditional Rental Income: $3848 Airbnb ROI: 1.89% Traditional ROI: 2.91%
1165 Midway Dr Alpine, CA Turnkey Alpine Retreat with Income Potential on 1.35 Acres. Nestled among mature oak trees...	4 beds \| 4 baths \| 3,173 sq.ft.	$1,249,000	Airbnb cash on cash: 6.58% Traditional cash on cash: 3.43% Airbnb Rental Income: $11955 Traditional Rental Income: $6112 Airbnb ROI: 6.58% Traditional ROI: 3.43%
1452 Rock Terrace Alpine, CA Variance granted Detached. Beautiful Alpine property on just under 1 acre featuring a 1,92...	5 beds \| 4 baths \| 2,739 sq.ft.	$1,089,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.76% Airbnb Rental Income: $null Traditional Rental Income: $4563 Airbnb ROI: N/A Traditional ROI: 2.76%
2157 Arnold unit: 722 #722 Alpine, CA Bring your Paintbrush & Imagination! Welcome to this 2- bedroom, 2-bathroom upstairs condo...	2 beds \| 2 baths \| 960 sq.ft.	$415,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 5.24% Airbnb Rental Income: $1930 Traditional Rental Income: $2816 Airbnb ROI: 1.65% Traditional ROI: 5.24%
19553 Hidden Glen Road Alpine, CA Welcome to this stunning single story home in the heart of Alpine, offering the perfect bl...	3 beds \| 3 baths \| 2,770 sq.ft.	$1,200,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 2.09% Airbnb Rental Income: $3864 Traditional Rental Income: $4341 Airbnb ROI: 0.92% Traditional ROI: 2.09%
2686 Via Viejas Alpine, CA Welcome to this fully remodeled single story gem located in the highly sought after Palo V...	4 beds \| 3 baths \| 2,331 sq.ft.	$1,259,999	Airbnb cash on cash: 6.39% Traditional cash on cash: 1.49% Airbnb Rental Income: $11955 Traditional Rental Income: $4032 Airbnb ROI: 6.39% Traditional ROI: 1.49%
1595 Bay Meadows Dr Alpine, CA Welcome to Your Alpine Oasis! This beautifully upgraded 3-bedroom, 3-bath corner lot home ...	3 beds \| 3 baths \| 1,675 sq.ft.	$835,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 2.67% Airbnb Rental Income: $3864 Traditional Rental Income: $3827 Airbnb ROI: 1.65% Traditional ROI: 2.67%
1445 Terracita Ln Alpine, CA "Variance granted for 2-4 Units". Beyond a private, gated entry lies a world meant for gat...	6 beds \| 6 baths \| 5,250 sq.ft.	$1,875,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.67% Airbnb Rental Income: $null Traditional Rental Income: $9174 Airbnb ROI: N/A Traditional ROI: 3.67%
22815 Illahee Dr 17 Alpine, CA Ever dreamed of owning a private compound where life feels effortless and possibilities ru...	3 beds \| 3 baths \| 2,521 sq.ft.	$1,190,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 1.84% Airbnb Rental Income: $3864 Traditional Rental Income: $4068 Airbnb ROI: 0.9% Traditional ROI: 1.84%
23475 Trappers Hollow Rd Alpine, CA Welcome Home to your Chateau rested on the Top of the World... Brand new salt water pool,w...	4 beds \| 4 baths \| 3,874 sq.ft.	$1,625,000	Airbnb cash on cash: 4.98% Traditional cash on cash: 2.22% Airbnb Rental Income: $11955 Traditional Rental Income: $5609 Airbnb ROI: 4.98% Traditional ROI: 2.22%
3001 Venadito Alpine, CA Listing Agent Steven Sladek \| 02083314 \| Coldwell Banker West Country charm. If access to ...	3 beds \| 3 baths \| 2,310 sq.ft.	$1,025,000	Airbnb cash on cash: 0.79% Traditional cash on cash: 2.64% Airbnb Rental Income: $3864 Traditional Rental Income: $4796 Airbnb ROI: 0.79% Traditional ROI: 2.64%
1168 Alpine Heights Alpine, CA Investor Special- 1.19 acres.The property features a charming main house filled with old-w...	5 beds \| 4 baths \| 1,725 sq.ft.	$671,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.32% Airbnb Rental Income: $null Traditional Rental Income: $4274 Airbnb ROI: N/A Traditional ROI: 4.32%
636 N Glen Oaks Dr Alpine, CA Welcome to your private Alpine retreat! This charming single story home offers 3 spacious ...	3 beds \| 2 baths \| 1,325 sq.ft.	$715,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 3.27% Airbnb Rental Income: $3864 Traditional Rental Income: $3445 Airbnb ROI: 2.65% Traditional ROI: 3.27%
2334 Columbine Dr Alpine, CA Welcome to the serene, peaceful neighborhood located in the desirable Crown Hills Communit...	3 beds \| 2 baths \| 1,658 sq.ft.	$775,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 3.24% Airbnb Rental Income: $3864 Traditional Rental Income: $3968 Airbnb ROI: 1.94% Traditional ROI: 3.24%
2850 Conestoga Court Alpine, CA Elegant single-story estate in Rancho Palo Verde offers privacy, stunning mountain and val...	4 beds \| 4 baths \| 3,644 sq.ft.	$1,399,000	Airbnb cash on cash: 5.83% Traditional cash on cash: 3.32% Airbnb Rental Income: $11955 Traditional Rental Income: $6521 Airbnb ROI: 5.83% Traditional ROI: 3.32%
1434 Marshall Rd unit: 18 #18 Alpine, CA Turn-Key Alpine Condo - Prime Location! Beautiful downstairs unit featuring wood plank por...	2 beds \| 2 baths \| 1,005 sq.ft.	$475,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 4.96% Airbnb Rental Income: $1930 Traditional Rental Income: $3169 Airbnb ROI: 1.03% Traditional ROI: 4.96%

Real Estate investment in Alpine, CA

There are 32 properties for sale in the city of Alpine . The median list price in Alpine is $992,000 and the average price per square foot is $391. In September 2025, the average monthly cash on cash return in Alpine is 3.00%. The average monthly rental income in Alpine is $4,312.

Alpine, CA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 32 investment properties available for sale in Alpine.

In 2025, the best neighborhood to buy investment property is Alpine.

The ROI for Long-Term is higher than the Short-Term in Alpine with average rental income of $4,312.

Your search for investment property begins and ends here

Investment Property for Sale in Alpine, CA

2284 Marquand Court

Alpine, CA

5 beds | 3 baths | 2,224 sq.ft.

$944,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.94%

Airbnb Rental Income: $null

Traditional Rental Income: $5098

Airbnb ROI: N/A

Traditional ROI: 3.94%

2406 MCDOUGAL PL

Alpine, CA

4 beds | 2 baths | 2,304 sq.ft.

$1,049,900

Airbnb cash on cash: 8.16%

Traditional cash on cash: 2.39%

Airbnb Rental Income: $11955

Traditional Rental Income: $4145

Airbnb ROI: 8.16%

Traditional ROI: 2.39%

1518 Olivewood Lane

Alpine, CA

1 beds | 1 baths | 754 sq.ft.

$599,000

Airbnb cash on cash: 0.48%

Traditional cash on cash: 2.54%

Airbnb Rental Income: $1577

Traditional Rental Income: $2277

Airbnb ROI: 0.48%

Traditional ROI: 2.54%

1453 OLIVEWOOD LN

Alpine, CA

3 beds | 3 baths | 2,286 sq.ft.

$875,000

Airbnb cash on cash: 2.29%

Traditional cash on cash: 4.77%

Airbnb Rental Income: $3864

Traditional Rental Income: $5052

Airbnb ROI: 2.29%

Traditional ROI: 4.77%

2288 Boulders Ct

Alpine, CA

4 beds | 3 baths | 2,116 sq.ft.

$959,000

Airbnb cash on cash: 9.15%

Traditional cash on cash: 3.04%

Airbnb Rental Income: $11955

Traditional Rental Income: $4312

Airbnb ROI: 9.15%

Traditional ROI: 3.04%

3029 N Victoria Drive

Alpine, CA

4 beds | 4 baths | 3,705 sq.ft.

$1,600,000

Airbnb cash on cash: 4.76%

Traditional cash on cash: 1.22%

Airbnb Rental Income: $11955

Traditional Rental Income: $4519

Airbnb ROI: 4.76%

Traditional ROI: 1.22%

573 Lilac Ranch Rd

Alpine, CA

4 beds | 6 baths | 5,831 sq.ft.

$2,685,000

Airbnb cash on cash: 2.52%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $11955

Traditional Rental Income: $10148

Airbnb ROI: 2.52%

Traditional ROI: 2.67%

2894 Scenic View Road

Alpine, CA

3 beds | 3 baths | 2,281 sq.ft.

$849,000

Airbnb cash on cash: 1.96%

Traditional cash on cash: 4.39%

Airbnb Rental Income: $3864

Traditional Rental Income: $4954

Airbnb ROI: 1.96%