1234 Ramona Street, Ramona, California 92065, Ramona, 92065 - 3 bed, 2 bath
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1234 Ramona Street
Ramona, California 92065
ACTIVE
CONDITION: FAIR
3Beds
2Baths
2,329Sq Ft
47,916Lot Size
Property Price
LIST PRICE$821,000
EST. MARKET VALUE
$846,000
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $846,000—positioned well below the $869,658 Fair Market Value by 2%. This valuation gap offers $23,658 in Instant Equity. Featuring a Fair Condition Rating (4), the home requires cosmetic modernization to reach its full potential. The expansive 47,916 sqft lot and panoramic mountain and orchard views provide significant upside for value-add projects. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a spacious, customizable rural retreat.
Estimated Market Value
$846,000
Based on Realkey algorithm analyzing recent comparable sales in Ramona.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1234 Ramona Street Subject | $821,000* List Price | 3 | 2 | 2,329 | $363 | - |
A 1368 Oakleaf Ln Sold | $785,000 | 3 | 2 | 1,749 | $449 | 0.4 mi |
B 1378 Ramona St Sold | $750,000 | 4 | 2 | 2,260 | $332 | 0.2 mi |
C 1278 San Vicente Rd Sold | $850,000 | 4 | 2 | 1,942 | $438 | 0.7 mi |
D 1287 Hanson Way Sold | $840,000 | 3 | 2 | 2,205 | $381 | 0.1 mi |
E 1265 Barger Pl Sold | $985,000 | 4 | 3 | 2,190 | $450 | 1.0 mi |
F 2209 Boundary Avenue Sold | $900,000 | 4 | 3 | 2,542 | $354 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1981, the home is over 40 years old and shows dated interior finishes. The kitchen features 1980s-style oak cabinetry and green tile countertops, while the bathrooms and flooring (including a painted bedroom floor) indicate renovations are likely 20-30 years old. The property appears functional and move-in ready but requires significant cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47916, living area = 2329.
- Expansive Lot Size
Situated on a generous 47,916 sqft lot, this property offers over an acre of land, providing exceptional privacy and ample space for outdoor recreation, gardening, or potential secondary structures.
- Scenic Mountain and Orchard Views
The home features picturesque views of the surrounding mountains and orchards, significantly enhancing the aesthetic appeal and providing a serene rural atmosphere.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =47916, other record lot size in square feet = 43560. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Parking Constraints
The property notes limited parking availability, which may pose a significant inconvenience for multi-vehicle households or when entertaining guests.
- Aging Infrastructure
Built in 1981, the residence is over 40 years old and may require capital improvements or modernization of major systems and cosmetic finishes to meet current market standards.
About 1234 Ramona Street
PRICE IMPROVEMENT! Panoramic Ramona Views | 1.1 Acres | Private Hilltop Setting"
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 47,916 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 2.7 |
| Square foot | 2,329 | 2,238.953 |
| Lot Size | 47,916 | 27,218.063 |
| Price | $821.0K | $841.5K |
| Price per sq ft | $353 | $413 |
| Built year | 1981 | 1988 |
| HOA | $0 | $189 |
| Days on market | 47 | 54 |
Pricing History
Listed for Sale
Aug 21, 2026
$821,000
$846,000
-3% Price Drop
Initial Listing
Price Change
Jul 24, 2026
$846,000
Initial Listing
Sold
Aug 18, 2011
$325,000
Public Record
Sold
May 12, 2003
$437,000
Public Record
Sold
Dec 10, 1993
$193,000
Public Record