
Ramona, California 92065
This High-Potential Investment Opportunity is listed at $849,000, positioned well below the $875,195 Fair Market Value by 2%. This valuation gap offers $26,195 in Instant Equity. Featuring a Condition Rating of 3, the home offers a versatile layout with a pool and expansive lot, ideal for an ADU or workshop. Located near top-rated schools like Mountain Valley Academy, this property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1977 Rowley Avenue Subject | $840,000* List Price | 3 | 2 | 1,999 | $425 | - |
A 1412 Keyser Rd Sold | $870,000 | 3 | 2 | 2,160 | $403 | 0.8 mi |
B 1208 Ledesma Sold | $950,000 | 4 | 2 | 2,108 | $451 | 0.4 mi |
C 1355 Franklin Ln Sold | $785,000 | 3 | 2 | 1,721 | $456 | 0.9 mi |
D 2209 Boundary Avenue Sold | $900,000 | 4 | 3 | 2,542 | $354 | 0.6 mi |
E 1287 Hanson Way Sold | $840,000 | 3 | 2 | 2,205 | $381 | 0.6 mi |
F 1229 Anna Rose Lane Active | $874,900 List Price | 3 | 2 | 1,823 | $480 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1974, the property has undergone recent updates including new energy-efficient mini-split HVAC systems, newer interior and exterior paint, and laminate flooring throughout. The home is well-maintained and move-in ready, though some cabinetry and fixtures appear to be from an older renovation cycle (15-20 years).
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27878, living area = 1999.
High School: Mountain Valley Academy (9/10).
The over half-acre level lot is fully usable, featuring a swimming pool, built-in BBQ, and fire pit, with ample additional space for horses, a workshop, or a potential ADU.
Built in 1974, the property may require more intensive maintenance or future updates to its original systems compared to newer construction, despite recent cosmetic upgrades.
Located on a quiet easement road, which provides privacy but may involve shared maintenance responsibilities or less direct access than a standard public-maintained street.
Over a half-acre of level, usable land creates the perfect setting for outdoor living, featuring a swimming pool, built-in BBQ and fire pit with plenty of additional space for horses, a shop or potential ADU. Tucked away on a quiet easement road off Rowley, the home features newer interior and exterior paint, laminate flooring throughout and new energy-efficient mini-splits for heating and cooling. Flexible additional room(s) are currently used as an expansive primary retreat and sitting room with direct pool access, but could easily function as a home office, guest space, recreation room or multipurpose entertaining area with wet bar. Enjoy privacy, usable land and flexible living space while remaining conveniently close to town and within walking distance of Ramona Community School, Olive Peirce Middle School and Ramona High School.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 7-8 • 0.6 mi
Grades K-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,999 | 2,238.953 |
| Lot Size | 27,878.4 | 27,218.063 |
| Price | $840.0K | $841.5K |
| Price per sq ft | $420 | $413 |
| Built year | 1974 | 1988 |
| HOA | $0 | $189 |
| Days on market | 20 | 54 |
Sep 4, 2026
$840,000
$849,000
-1% Price Drop
Initial Listing
Aug 20, 2026
$849,000
Initial Listing
Jul 3, 2023
$777,000
Public Record