24501 Tesoro Way, Ramona, California 92065, Ramona, 92065 - 3 bed, 3 bath
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24501 Tesoro Way
Ramona, California 92065
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,723Sq Ft
43,995.602Lot Size
Property Price
LIST PRICE$724,999
EST. MARKET VALUE
$749,000
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $749,000—positioned well below the $795,764 Fair Market Value by 5%. This valuation gap offers $46,764 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, the home includes Owned Solar, Artificial Turf, and a 600-foot Panoramic View Deck. Located in the San Diego County Estates with access to Equestrian Centers and Top-Rated Schools, this property is ideal for Owner-Occupants or lifestyle-focused families.
Estimated Market Value
$749,000+$24,001 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Ramona.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24501 Tesoro Way Subject | $724,999* List Price | 3 | 3 | 1,723 | $435 | - |
A 24820 Abalar Way Sold | $735,000 | 4 | 2 | 1,652 | $445 | 0.6 mi |
B 23546 Oriente Way Sold | $730,000 | 3 | 2 | 1,456 | $501 | 0.9 mi |
C 24144 St Helena Court Active | $699,999 List Price | 3 | 3 | 1,800 | $389 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1986, the property shows evidence of significant maintenance and updates including laminate flooring, owned solar panels, and artificial turf. The interior appears clean and move-in ready, suggesting renovations within the 5-15 year range that offset the original age of the structure.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43995, living area = 1723.
- Great Schools
High School: Mountain Valley Academy (9/10).
- Panoramic Views & Outdoor Living
The property features an expansive 600-foot deck on a generous 1-acre lot, providing stunning views of rolling hills and sunsets, ideal for entertaining.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1986, the home may require interior modernization or updates to its 1,723-square-foot layout to compete with newer contemporary builds.
- Secondary School Commute
While the elementary school is less than a mile away, the designated middle and high schools are located approximately 4 miles from the residence.
About 24501 Tesoro Way
Beautiful home in the desirable San Diego County Estates of Ramona. Owned Solar on a 1-acre lot. A 600-foot deck to enjoy stunning panoramic views, rolling hills, and breathtaking sunsets. The perfect backdrop for relaxing or hosting family and friends. This spacious 3-bedroom, 3-bathroom home offers a cozy rock fireplace and vaulted ceiling, and a formal dining room. Laminate and tile flooring throughout. Laundry room with many storage cabinets. Primary bedroom suite has a door to a private patio with more amazing views. Low-maintenance artificial grass for year round greenery. Lots of great Amenities, 2 equestrian centers, golf course, horseback riding trails, hiking trails, 2 community pool, lighted tennis/pickleball courts, clubhouse, Ramona Oaks Park.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 43,995.602 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $195.0 / Month
Neighborhood Insights
Ramona Unified Schools
Barnett Elementary School
Grades K-6 • 0.7 mi
5/10
James Dukes Elementary School
Grades K-6 • 0.8 mi
7/10
Olive Peirce Middle School
Grades 7-8 • 4.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 3.0 | 2.7 |
| Square foot | 1,723 | 2,238.953 |
| Lot Size | 43,995.602 | 27,218.063 |
| Price | $725.0K | $841.5K |
| Price per sq ft | $421 | $413 |
| Built year | 1986 | 1988 |
| HOA | $195.0 | $189 |
| Days on market | 40 | 54 |
Pricing History
Listed for Sale
Aug 27, 2026
$724,999
$749,000
-3% Price Drop
Initial Listing
Price Change
Jul 31, 2026
$749,000
Initial Listing
Sold
Nov 21, 2022
$638,500
Public Record
Sold
May 20, 2022
$739,000
Public Record
Sold
May 14, 2021
$655,000
Public Record
Sold
Oct 16, 2017
$489,000
Public Record
Sold
Jan 10, 2017
$462,500
Public Record
Sold
Feb 3, 1995
$81,000
Public Record