23002 Arjo Lane, Ramona, California 92065, Ramona, 92065 - 4 bed, 4 bath
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Ramona, California 92065
This Exceptional Income-Producing Estate is a Prime Investment Opportunity, listed at $1,150,000—positioned well below the $1,177,612 Fair Market Value by 2%. This valuation gap provides $27,612 in Instant Equity. Boasting a Well-Maintained Condition Rating, the residence features quartz countertops, 20 owned solar panels, and a rare cell tower lease generating $1,600 monthly passive income. Backing directly to the Cleveland National Forest on nearly 4 acres, the property ensures permanent privacy and sustainability. This is an ideal acquisition for Owner-Occupants seeking a mortgage-offsetting sanctuary or Lifestyle Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23002 Arjo Lane Subject | $1,050,000* List Price | 4 | 4 | 2,532 | $415 | - |
A 23029 Stokes Road Active | $1,340,000 List Price | 4 | 3 | 2,710 | $494 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1991 (33 years old), the property is exceptionally well-maintained and move-in ready. It features updated quartz countertops and copper sinks in the kitchen and baths, along with modern system upgrades including 20 owned solar panels and a Generac generator.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 162043, living area = 2532.
The property includes a rare cell tower lease generating $1,600 per month in passive income with scheduled increases, providing a significant financial offset to the mortgage.
Equipped with 20 owned solar panels, a private well with a 10,000-gallon holding tank, and a Generac generator, the home offers exceptional self-sufficiency and utility resilience.
Being on the market for the first time in 30 years, the 1991-built home may require updates to mechanical systems or aesthetic finishes to meet contemporary buyer expectations.
The management of a private well system, extensive irrigation for orchards, and nearly 4 acres of land requires more specialized knowledge and labor than a standard suburban lot.
First time on the market in nearly 30 years, this exceptional Ramona property offers privacy, functionality and income potential on almost 4-acres backing directly to the Cleveland National Forest. Enjoy unobstructed, expansive views in a serene, natural setting. The 4-bedroom, 3.5-bathroom home features Spanish tile flooring, quartz countertops and distinctive copper sinks, recessed lighting, dual-pane picture windows, blending durability with warm, custom touches. Designed for both everyday living and entertaining, the property embraces indoor-outdoor living with sweeping vistas from every room. Features include a well, a 10,000-gallon holding tank and several other smaller holding tanks dedicated to the irrigation system, Generac Generator with automatic ignition, 20-owned solar panels and the property is fully-fenced. The land is equally impressive, with mature orange and avocado trees, established gardens with raised beds, and thoughtfully curated Southwestern landscaping accented by beautiful cactus varieties. A detached 35ft x 24ft 2-car garage includes an attached bathroom and a rooftop deck — perfect for taking in panoramic sunsets and stargazing. The property is equipped with full RV hookups and a dedicated RV dump. The garage also features a carport and 450 sq ft of exterior covered space. Chicken coops add to the property's country charm and functionality. Owner retains rights to cell tower site.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,532 | 2,194 |
| Lot Size | 162,043 | 22,215.6 |
| Price | $1.05M | $832.9K |
| Price per sq ft | $415 | $405 |
| Built year | 1991 | 1987 |
| HOA | $0 | $195 |
| Days on market | 82 | 60 |
Jul 8, 2026
$1,050,000
$1,150,000
-9% Price Drop
Initial Listing
May 1, 2026
$1,150,000
Initial Listing