1529 Olive, Ramona, California 92065, Ramona, 92065 - 5 bed, 4 bath
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Ramona, California 92065
This Spacious Multi-Generational Residence is a Strong Value Opportunity, listed at $999,000—positioned slightly above the $989,222 Fair Market Value. While priced at market, the property offers significant long-term stability through Extensive Modern Upgrades, including a new roof, electrical panel, and solar energy systems. With a Condition Rating of 3, the home provides a solid, move-in ready foundation on a massive 1.51-acre lot with Mountain Views. This versatile layout is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a peaceful, energy-efficient lifestyle.
Property is move-in ready.
While built in 1974, the property has undergone significant recent system updates including a new roof, new electrical panel, newer HVAC, and solar systems. The interior is well-maintained and move-in ready with some updated flooring, though aesthetic finishes in the bedrooms and living areas remain somewhat dated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 65776, living area = 3480.
The property features significant recent capital improvements, including a new roof, electrical panel, HVAC system, and water heater, reducing immediate maintenance concerns for a buyer.
Equipped with both a solar system for electricity and a dedicated solar hot water panel, this home offers substantial long-term savings on utility costs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 7.
Originally built in 1974, the home may require additional cosmetic updates to modernize the interior aesthetic beyond the recent mechanical and structural improvements.
Located in a country setting in Ramona, the property may be less desirable for buyers who require quick or convenient access to major metropolitan employment hubs.
Welcome to this exceptional Ramona property offering space, privacy, and endless possibilities on a generous 1.51-acre lot. This expansive 5-bedroom, 4-bathroom residence features approximately 3,480 square feet of living space, providing room for multi-generational living, a home office, guest accommodations, or flexible lifestyle needs. Equipped with a new roof to ride out the winter months and warm summers. Newer air conditioning and heater, New electrical panel, New Hot water Heater, New flooring in dining room and wash room, Hot water solar panel and last but not least, there is a Solar system producing electricity. Set in a desirable country setting, the property offers the perfect blend of comfort and opportunity with ample space for outdoor enjoyment, entertaining, and potential customization. The well-sized lot provides privacy and a peaceful atmosphere while still offering convenient access to local amenities, schools, and Ramona’s charming community. With its impressive size, versatile floor plan, and valuable acreage, 1529 Olive Street presents a rare opportunity to own a spacious Ramona home with room to grow.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,480 | 2,194 |
| Lot Size | 65,776 | 22,215.6 |
| Price | $999.0K | $832.9K |
| Price per sq ft | $287 | $405 |
| Built year | 1974 | 1987 |
| HOA | $0 | $195 |
| Days on market | 12 | 60 |
Jul 10, 2026
$999,000
Initial Listing
Dec 1, 2009
$310,000
Public Record
Dec 29, 2006
$785,000
Public Record
Dec 1, 2005
$825,000
Public Record