
Jamul, California 91935
This equestrian estate represents a High-Potential Investment Opportunity, listed at $1,199,000—positioned well below the $1,248,908 Fair Market Value by 3%. This valuation gap offers $49,908 in Instant Equity. Featuring a 31-year-old structure with a Condition Rating of 4, the property offers significant upside through cosmetic modernization. With a 50,529 sqft lot, beach-entry pool, and separate guest quarters, it provides a versatile layout for Buy-and-Hold Investors or Owner-Occupants seeking a private, income-generating lifestyle property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13883 Sage Mountain Ln Subject 6 bd · 5 ba · 3,400 sqft · $367 | $1,199,000* List Price | 6 | 5 | 3,400 | $367 | - |
A 13848 Honnell Way Sold 5 bd · 3 ba · 2,733 sqft · $404 · 0.5 mi | $1,105,000 | 5 | 3 | 2,733 | $404 | 0.5 mi |
B 13885 Honnell Way Active 4 bd · 4 ba · 3,370 sqft · $414 · 0.5 mi | $1,395,000 List Price | 4 | 4 | 3,370 | $414 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993, the property is 31 years old and largely retains its original finishes. While the home appears well-maintained and move-in ready, the kitchen and bathrooms are dated, featuring 90s-style white cabinetry and tile countertops. It requires cosmetic updates to systems and surfaces to meet modern standards, fitting the criteria for a property over 20 years old that is functional but dated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 50529, living area = 3400.
The property is a turnkey equestrian estate featuring a two-horse barn, a dedicated riding ring, and a beach-entry pool on over an acre of flat, usable land.
A fully equipped separate guest suite with its own kitchen and private entrance offers significant flexibility for multi-generational living or potential rental income.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 5.
With a build date of 1993 and no mention of recent interior renovations, the home may require capital investment for cosmetic or system upgrades.
The current list price is approximately $41,000 lower than the property's 2022 sale price, indicating a potential softening in local market demand.
Behind an automated gate in Jamul’s Proctor Valley, this equestrian property offers room to spread out on an approximately 50,000-square-foot, fully fenced lot. The approximately 3,400-square-foot residence features six bedrooms, 5 bathrooms, generous living areas, abundant natural light, and sweeping views of the surrounding hills and mountains. Separate guest quarters provide a kitchen, bedroom, and bathroom, with both a private exterior entrance and direct access to the main home. The flexible layout can accommodate extended family, long-term guests, a private office, or potential rental use. Outdoors, a beach-entry pool and spacious entertaining areas make the most of the valley views. Equestrian features include a two-horse barn, a dedicated riding ring, and room for turnouts or additional improvements. With largely flat, usable acreage, the property offers a distinctive combination of privacy, recreation, and country living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.7 |
| Baths | 5.0 | 2.6 |
| Square foot | 3,400 | 2,418 |
| Lot Size | 50,529 | 109,148.619 |
| Price | $1.20M | $1.07M |
| Price per sq ft | $353 | $464 |
| Built year | 1993 | 1983 |
| HOA | $0 | $372 |
| Days on market | 25 | 52 |
Sep 30, 2026
$1,199,000
Initial Listing
May 23, 2022
$1,240,000
Public Record
Jan 10, 2022
$939,500
Public Record
Jan 6, 2022
$912,500
Public Record
Aug 1, 2003
$600,000
Public Record