131 Ransom Hill Lane, Ramona, California 92065, Ramona, 92065 - 3 bed, 2 bath
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Ramona, California 92065
This Value-Add Multi-Family Asset is listed at $858,800, reflecting the premium utility of its 2.61-acre lot and Panoramic Mountain Views. While priced above the $805,342 Fair Market Value, the property’s Fair Condition Rating is offset by a Solar-Equipped main residence and a separate 1-bedroom bungalow. Situated near the 9/10 rated Mountain Valley Academy, the expansive terrain offers significant potential for forced appreciation through targeted TLC. This versatile estate is a strategic choice for Multi-Generational Families or Value-Add Investors seeking rural character and income potential.
Property is moderate renovation needed.
Built in 1946, the property is aged but has undergone partial updates. The kitchen features modern stainless steel appliances and a newer center island, though it retains some older cabinetry. While the main living areas have updated laminate flooring, the bedrooms show original hardwood with visible wear, and the use of window AC units indicates older climate control systems. The listing's mention of needing 'TLC' and the presence of mixed-era finishes align with the fair condition category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 113691, living area = 1246.
High School: Mountain Valley Academy (9/10).
The 2.61-acre lot features unique rock outcroppings, mature Oak trees, and panoramic mountain views, providing a serene and private rural atmosphere.
The homes are noted as needing 'TLC,' indicating that buyers will need to invest additional capital into repairs and cosmetic updates.
Built in 1946, the main structure may require modernization of electrical, plumbing, or insulation systems to meet contemporary standards and efficiency.
Wow! 2.61 acres of varied terrain featuring unique rock outcroppings, treed parcel with mature Oaks, parially fenced with chainlink and storage shed. Home built in 1946 has a privacy gated entry with meandering road leading to 3br/2ba Ranch home with seller owned SOLAR, combo dining/kitchen, living room for comfortable family entertainment, Master bedroom with vaulted ceiling, 2 bedrooms with original wood floors and covered front porch to enjoy those mountain views and sunsets!
No exterior & parking available.
Grades K-6 • 1.6 mi
Grades K-6 • 2.8 mi
Grades 7-8 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,246 | 2,194 |
| Lot Size | 113,691.602 | 22,215.6 |
| Price | $749.8K | $832.9K |
| Price per sq ft | $602 | $405 |
| Built year | 1946 | 1987 |
| HOA | $0 | $195 |
| Days on market | 105 | 60 |
Jun 18, 2026
$749,800
$795,800
-6% Price Drop
Initial Listing
May 1, 2026
$795,800
$858,800
-7% Price Drop
Initial Listing
Apr 8, 2026
$858,800
Initial Listing
Apr 22, 2022
$700,000
Public Record
Oct 28, 2011
$250,000
Public Record
Apr 12, 2004
$411,000
Public Record
Apr 25, 2000
$214,000
Public Record