
Ramona, California 92065
This Equestrian Estate represents a High-Potential Investment Opportunity, listed at $1,199,000—positioned well above the $999,014 Fair Market Value by -20%. While priced at a premium, the property features a Condition Rating of 3, highlighted by a 2,000 sq ft permitted shop, equestrian facilities, and dual water sources. The expansive 2.88-acre lot offers significant utility for hobbyists or livestock owners. This unique asset is best suited for Equestrian Enthusiasts or Owner-Occupants seeking a specialized, move-in-ready lifestyle retreat with mountain views.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1205 Alice St Subject 3 bd · 2 ba · 1,939 sqft · $515 | $1,199,000* List Price | 3 | 2 | 1,939 | $515 | - |
A 1002 Summer Glen Drive Sold 4 bd · 2 ba · 2,065 sqft · $521 · 1.0 mi | $1,075,000 | 4 | 2 | 2,065 | $521 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1977 but shows pride of ownership with significant functional updates. The kitchen features granite countertops and stainless steel appliances, and the home includes energy-efficient dual-pane windows and newer carpeting. While the oak cabinetry and bathroom tile work are dated (15-20+ years), the property is well-maintained, move-in ready, and includes a high-value 2,000 sq ft permitted shop and equestrian facilities.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 125452, living area = 1939.
The 2.88-acre property is a turnkey horse ranch featuring a riding arena, three 24x24 mare motel stalls, and full cross-fencing, catering perfectly to equestrian enthusiasts.
A rare 2,000 sq ft permitted shop offers immense versatility for contractors, hobbyists, or significant equipment storage, nearly doubling the functional square footage of the property.
Originally built in 1977, the home may require updates to its core mechanical systems and architectural elements to align with modern luxury expectations despite recent cosmetic refreshes.
The high price point relative to the living square footage targets a specific buyer profile interested in specialized land use, which may limit the pool of traditional residential buyers.
Room to ride, room to grow, and mountain views that never get old! This 3-bedroom, 3-bathroom home sits on 2.88 fully fenced and cross-fenced acres, offering a rare blend of comfortable living and truly usable land. The spacious kitchen features granite countertops, stainless steel appliances, and ample cabinet space, ready for everyday cooking or entertaining. Dual-pane windows frame the views while keeping the home quiet and energy efficient, and newer carpet adds a fresh, move-in-ready feel. Outside is where this property shines. Equestrians will love the three 24x24 mare motel stalls and riding arena. Two gated entries and plenty of room to turn a trailer make access easy, with ample space to park your RV, boat, or toys. The permitted 2,000 sq ft shop is ready for equipment, projects, or a serious workshop. Pick fresh fruit from your own orange, grapefruit, lemon, and pomegranate trees. City water serves the home, while a private irrigation well keeps the trees and pasture thriving. Horse property, hobby haven, or peaceful retreat, this one delivers. Schedule your private showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,939 | 2,213.899 |
| Lot Size | 125,452.797 | 28,584.038 |
| Price | $1.20M | $845.8K |
| Price per sq ft | $618 | $404 |
| Built year | 1977 | 1989 |
| HOA | $0 | $190 |
| Days on market | 16 | 49 |
Oct 9, 2026
$1,199,000
Initial Listing