
Ramona, California 92065
This Updated Farmhouse Retreat is a Prime Investment Opportunity listed at $923,500—positioned well below the $949,112 Fair Market Value by 2%. This valuation gap provides $25,612 in Instant Equity. Boasting an Excellent Condition Rating, the home features luxury vinyl plank flooring, a spacious deck, and sweeping hill views. Set on 2.4 horse-friendly acres within the Ramona Unified School District, the property includes graded pads for a future ADU or pool. This turnkey sanctuary is ideal for Owner-Occupants or Lifestyle-Driven Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18434 Ramona View Drive Subject | $899,888* List Price | 3 | 3 | 1,974 | $468 | - |
A 176 Ransom Hill Lane Pending | $985,000 List Price | 3 | 2 | 1,919 | $513 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1990, the property has undergone an extensive recent renovation that qualifies it for an excellent rating. The home features a 'top to bottom' refresh including fresh interior and exterior paint, new luxury vinyl plank flooring and carpet, updated baseboards, and modern light fixtures. The kitchen and bathrooms have been stylishly updated with contemporary finishes, and major functional components like the water heater and oven are brand new, ensuring no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 104108, living area = 1974.
Situated on nearly 2.4 acres of horse-friendly land, the property features two pre-graded pads ready for a pool, ADU, or workshop, offering exceptional potential for customization and expansion.
The home has been thoughtfully updated with fresh interior and exterior paint, new flooring, updated baseboards, and stylish new fixtures, providing a move-in-ready farmhouse aesthetic.
The garage has been partially converted into a bonus room or gym, leaving only a one-car garage, which may be a drawback for buyers requiring multi-vehicle covered parking.
While many elements are refreshed, only some windows have been updated, which could lead to inconsistent energy efficiency and aesthetic mismatch compared to the fully renovated areas.
Huge Price Reduction, Enjoy elevated country living in the heart of Ramona. Set on nearly 2.4 acres in one of the area’s most highly sought-after neighborhoods, this thoughtfully updated farmhouse offers a horse-friendly location that captures sweeping views of rolling hills - the perfect blend of rural serenity and modern comfort. Refreshed from top to bottom, the home features fresh interior and exterior paint, new flooring and carpet, updated baseboards, stylish new fixtures, a brand-new water heater and oven, plus partially updated windows with new blinds. Natural light fills every room, enhancing the home’s warm character and inviting design. The flexible layout is ideal for today’s lifestyle, with a ground-level bedroom that serves as a dedicated office or ideal guest quarters. Upstairs, find three bedrooms, including a spacious primary suite complete with an ensuite bath and dual walk-in closets. The converted garage adds valuable bonus space for a bonus room, gym, etc., while still maintaining a one-car garage; the space can easily be reverted to restore a full two-car garage, if desired. Two graded pads outside are already in place and ready for your vision—whether it’s a pool, workshop, barn, ADU, or horse arena, the possibilities are endless. With usable land, peaceful surroundings, and room to expand, this property offers unmatched versatility and wide-open space just minutes from town. Country charm, modern upgrades, and endless potential come together in this exceptional Ramona retreat.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,974 | 2,114 | 41% |
| Lot Size | 104,108 | 23,287 | 77% |
| Price | $899.9K | $840.0K | 64% |
| Price per sq ft | $456 | $401 | 72% |
| Built year | 1990 | 1989 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 172 | 8% |
Mar 28, 2026
$899,888
$923,500
-3% Price Drop
Initial Listing
Feb 21, 2026
$923,500
Initial Listing
Mar 14, 2023
$640,000
Public Record
Feb 20, 2009
$290,000
Public Record
Aug 22, 2006
$520,000
Public Record