
Ramona, California 92065
This Turnkey Equestrian Estate is a Strong Value Opportunity, listed at $1,279,000—positioned well below the $1,347,128 Fair Market Value by 5%. This valuation gap offers $68,128 in Instant Equity. Featuring an Excellent Condition Rating with modern upgrades like owned solar with Tesla battery backup, this property offers a rare blend of rural privacy and modern efficiency. With its lower-level apartment and functional barn, it is an ideal acquisition for multigenerational families or hobby farmers seeking a move-in ready, income-producing sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21041 Black Canyon Road Subject | $1,279,000* List Price | 4 | 5 | 3,597 | $375 | - |
A 20899 Black Canyon Road Active | $1,100,000 List Price | 2 | 3 | 2,622 | $420 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1988, the property has undergone extensive recent renovations including remodeled bathrooms, new flooring, and fresh paint. High-end system upgrades such as owned solar with Tesla battery backup, a Generac generator, and upgraded electrical systems place it in the 'Excellent' category as a mint-condition, move-in ready estate with recent (<5y) modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 371566, living area = 3597.
The property features extensive recent renovations and high-value energy systems, including owned solar with Tesla battery backup and a Generac standby generator, providing modern reliability in a rural setting.
With a flexible floor plan that includes a lower-level apartment and a separate studio suite, the estate is perfectly configured for multigenerational living or generating rental income.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
While offering privacy and scenic views, the property's location in Ramona may result in longer commute times to major metropolitan employment hubs and urban amenities.
The expansive acreage, private well system, and multiple outbuildings require significant ongoing labor and financial investment to maintain compared to a standard residential property.
Black Canyon Ranchette is a beautifully renovated 3,597± sq. ft. estate on 8.53 scenic acres, blending modern comfort with the freedom of country living. The home features 3 bedrooms, 4.5 bathrooms, a lower-level apartment, separate studio suite, and a functional barn, making it ideal for multigenerational living, hobby farming, equestrian use, or a private retreat. Surrounded by rolling hills and sweeping views just minutes from downtown Ramona, the property has been extensively updated with remodeled bathrooms, new flooring, fresh interior and exterior paint, upgraded lighting and electrical, owned solar with Tesla battery backup, and a Generac automatic standby generator. The flexible floor plan offers spacious living areas, a chef's kitchen, a luxurious primary suite with adjoining office or nursery, and private guest quarters with potential rental opportunities. The usable acreage includes a productive orchard, raised garden beds, turnout areas, private well, 10,000-gallon water storage tank, renovated chicken coop with 16 nesting boxes, and a multi-functional barn for agricultural use, workshops, or storage. For added convenience enjoy a dedicated electric vehicle (EV) charging outlet. Beautifully improved and exceptionally versatile, Black Canyon Ranchette offers a rare opportunity to enjoy peaceful country living with modern conveniences.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 5.0 | 2.7 |
| Square foot | 3,597 | 2,238.953 |
| Lot Size | 371,566.813 | 27,218.063 |
| Price | $1.28M | $841.5K |
| Price per sq ft | $356 | $413 |
| Built year | 1988 | 1988 |
| HOA | $0 | $189 |
| Days on market | 49 | 54 |
Jul 22, 2026
$1,279,000
Initial Listing
Jan 25, 2024
$915,000
Public Record
Oct 20, 2000
$345,000
Public Record