
Ramona, California 92065
This property presents a High-Potential Investment Opportunity with a List Price of $875,000—positioned well below the $850,575 Fair Market Value by -2%. While the home carries a Fair Condition Rating and requires significant renovation, the expansive 1.1-acre lot and basement with a private entrance provide excellent Multi-Generational Potential. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage house-hacking strategies in the desirable West Ramona corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19147 Las Encinas Drive Subject 4 bd · 3 ba · 2,472 sqft · $354 | $875,000* List Price | 4 | 3 | 2,472 | $354 | - |
A 15808 Thomas Paine Active 3 bd · 2 ba · 1,900 sqft · $421 · 0.8 mi | $799,999 List Price | 3 | 2 | 1,900 | $421 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1976 (48 years old) and explicitly described as a project for buyers 'ready to roll up their sleeves' and 'bring your vision,' which indicates a need for significant rehab rather than minor repairs. While functional, the interior photos show dated DIY-style updates and the exterior shows signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 49222, living area = 2472.
The property features a basement with a private entrance and a detached secondary structure, offering excellent opportunities for rental income, house hacking, or multi-family living.
Situated on over an acre in the desirable West Ramona area, the property provides ample space and privacy while remaining just 10 minutes from the Poway tech corridor.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is marketed as a fixer-upper needing a buyer to 'roll up their sleeves,' implying substantial additional investment is required for modernization and repairs.
With 173 days on the market, the property may face perception challenges regarding its value-to-condition ratio or potential underlying maintenance issues.
West Ramona Country Charm.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 2.8 |
| Square foot | 2,472 | 2,213.899 |
| Lot Size | 49,222.801 | 28,584.038 |
| Price | $875.0K | $845.8K |
| Price per sq ft | $354 | $404 |
| Built year | 1976 | 1989 |
| HOA | $0 | $190 |
| Days on market | 242 | 49 |
Oct 16, 2026
$875,000
$865,000
+1% Price Increase
Initial Listing
Oct 8, 2026
$865,000
$875,000
-1% Price Drop
Initial Listing
Feb 25, 2026
$875,000
Initial Listing