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1023 Olive Avenue, Ramona, California 92065, Ramona, 92065 - 3 bed, 4 bath

1023 Olive Avenue, Ramona, California 92065 home-pic-0
ACTIVE$1,129,000
1023 Olive Avenue, Ramona, California 92065
3Beds
4Baths
2,323Sqft
108,900Lot
Year Built
2009
Close
-
List price
$1.13M
Original List price
$1.13M
Price/Sqft
$486
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2507028
Home ConditionGood
Features
Deck
Pool
Spa
Patio
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 14% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.13M(83th), sqft - 2323(61th), beds - 3(50th), baths - 4(83th).

FARM TO TABLE starts here at this modern Farmhouse. Room for HORSES or if you've dreamed of having your own FARM and living off the land and/or are looking for MULTIPLE FAMILY living, this is it. 2 1/2 acres at the end of a quiet country lane set up for farm animals, HORSES and AQUAPONIC GREENHOUSE to grow your own organic vegeatables. Separate ADU for extended family, caretaker or extra rental income PLUS A JUNIOR ADU with a separate entrance. On well water and PAID FOR SOLAR with backup batteries for LOW utility costs. INGROUND POOL AND SPA. 2 car garage PLUS 2 car carport PLUS tons of parking. This IS NOT just another pretty house.

Nearby schools

3/10
Ramona Elementary School
Public,•K-6•1.8mi
5/10
Barnett Elementary School
Public,•K-6•3.8mi
5/10
Olive Peirce Middle School
Public,•7-8•3.0mi
7/10
Ramona High School
Public,•9-12•2.9mi
9/10
Mountain Valley Academy
Public,•K-12•3.1mi

Price History

Date
Event
Price
07/17/25
Listing
$1,129,000
Condition Rating
Good
Built in 2009, this property is 15 years old and falls squarely within the 'Good' condition criteria. The home is move-in ready with no immediate renovations required. The kitchen features well-maintained dark wood shaker cabinets, dark granite countertops, and modern stainless steel appliances. Bathrooms are clean and functional with dark wood vanities and tiled shower/tub combos. Flooring is a mix of modern wood-look tile and traditional tile, all in good condition. The property boasts significant modern amenities like paid solar with backup batteries, ADUs, and an inground pool and spa, indicating excellent upkeep and recent investments. While some aesthetic elements lean traditional, all major systems are functional and well-maintained, showing minimal wear and tear.
Pros & Cons

Pros

Income & Multi-Generational Living: Features a separate ADU and Junior ADU, providing significant potential for rental income, extended family accommodation, or caretaker housing.
Sustainable & Cost-Efficient Living: Equipped with well water, paid solar panels, and backup batteries, drastically reducing utility costs and promoting self-sufficiency.
Unique Agricultural/Equestrian Setup: Sprawling 2.5-acre lot designed for farm animals and horses, complete with an aquaponic greenhouse, catering to a desirable 'farm to table' lifestyle.
Premium Amenities & Space: Includes an inground pool and spa, a 2-car garage, a 2-car carport, and extensive additional parking, offering luxury and practical space.
Privacy & Modern Farmhouse Charm: Located at the end of a quiet country lane, ensuring privacy, and boasting a modern farmhouse aesthetic.

Cons

Specialized Market Appeal: The property's extensive agricultural and multi-unit features cater to a niche buyer, potentially narrowing the market and extending sale time.
High Maintenance Requirements: The large 2.5-acre lot, farm infrastructure, pool, and spa demand considerable ongoing time and financial investment for upkeep.
Rural Location & Commute: Situated in Ramona, the property offers a quiet country setting but may entail longer commutes to major employment centers or diverse urban amenities for some buyers.

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