
Ramona, California 92065
This Multigenerational Residential Asset is a High-Potential Investment Opportunity, listed at $929,000—positioned slightly above the $915,915 Fair Market Value. Despite the premium, the property offers significant utility through its legally permitted JADU and A72 zoning for equestrian use. With an Excellent Condition Rating following a 2025 roof replacement and septic updates, the home provides immediate stability. The combination of municipal water and a private well on over an acre creates a unique, sustainable lifestyle. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking income-generating potential.
Property is new construction or fully renovated.
Although built in 1977, the property has undergone extensive recent renovations within the last 5 years, including a new roof (2025), newer split HVAC units, updated septic system, and new kitchen counters and appliances. The interior features modern flooring and fresh paint, presenting in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 52272, living area = 1978.
The property features a legally permitted Junior ADU (JADU) with its own kitchen and laundry, plus a massive workshop with conversion potential, offering excellent flexibility for rental income or extended family living.
Significant recent capital improvements include a new roof (2025), updated HVAC split systems, new windows, and a modernized septic system, greatly reducing immediate move-in costs and future maintenance concerns.
The legal division of the 1,978 sqft interior into a 2-bedroom main unit and a 1-bedroom JADU may limit appeal for larger families desiring a traditional, contiguous single-family layout.
The combination of a 1970s-era structure, multiple detached outbuildings, and the management of both well and septic systems on a large lot necessitates significant ongoing property oversight.
Stop the car! Make sure to read about this unique property offering multigenerational living, investment income or just a great home for yourself! There is giant workshop out back for storage or convert it to a cool loft or second home for income. And, the main house has been legally permitted for a junior accessory dwelling unit. The main house consists of three bedrooms and two full baths. The owner had it legally permitted into a two bedroom one bath main home with a one bedroom one bath Junior ADU (JADU). So, there are two kitchens and two laundry rooms. On over an acre of land, the main home has updates galore like a new roof in 2025, many updated windows, two newer split HVAC units, new kitchen counters and appliances (in main house). JADU is almost new too! Updated flooring, updated septic system. The main home has a large attached two car garage and a one car detached garage (plus the huge workshop). RV parking. Here’s a bonus, the home has Ramona Water District water service, but also has an operational well! You can landscape and make it a lush escape. There are already loads of trees that have been recently trimmed and maintained. The home is zoned semi-rural, A72 (limited agriculture, check L Animal designator. Horses permitted; poultry and other. This home is located on a quieter street and not a main street, but close to downtown Ramona making it very convenient. Also, located on the west site near the 78 for easy access down the hill. Trails at the north end of Pine St. for horses, biking and hiking. Close to Copper Meadows Equestrian Center. Buyer should confirm all data, zoning and limitations to their satisfaction. Sellers and Brokers cannot guarantee accuracy of government regulations.
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 | 1,978 | 2,213.899 |
| Lot Size | 52,272 | 28,584.038 |
| Price | $929.0K | $845.8K |
| Price per sq ft | $470 | $404 |
| Built year | 1977 | 1989 |
| HOA | $0 | $190 |
| Days on market | 23 | 49 |
Oct 2, 2026
$929,000
Initial Listing
May 13, 2019
$542,000
Public Record
Mar 30, 1995
$159,000
Public Record