24638 Pappas Road, Ramona, California 92065, Ramona, 92065 - 3 bed, 3 bath
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Ramona, California 92065
This Short Sale Single-Family Residence serves as a Value-Add Asset within the premier San Diego Country Estates. Listed at $650,000, the property sits above the $557,651 Fair Market Value but remains competitive relative to recent neighborhood sales. While carrying a Condition Rating of 5, the home features an Expansive 30,056 Sqft Lot and stunning Mountain Views. Served by the Ramona Unified district, including James Dukes Elementary and the 9/10 rated Mountain Valley Academy, this project offers significant upside for Fix-and-Flip Investors or Contractors ready to execute a full-scale renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24638 Pappas Road Subject | $650,000* List Price | 3 | 3 | 1,995 | $280 | - |
A 24763 Leada Way Sold | $630,000 | 4 | 3 | 2,107 | $299 | 0.4 mi |
B 15519 Calistoga Dr Sold | $710,000 | 3 | 2 | 2,024 | $351 | 0.9 mi |
C 16120 Poderio Ct. Sold | $796,000 | 3 | 2 | 2,100 | $379 | 0.7 mi |
D 24039 Del Amo Road Sold | $785,000 | 3 | 2 | 1,960 | $401 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property exhibits significant deferred maintenance and neglect, consistent with the listing's description of 'significant condition issues' and the need for 'substantial TLC.' While the kitchen has some mid-life updates like granite countertops, the cabinetry shows heavy wear, and the bathrooms range from dated 1980s originals to poorly executed partial renovations. With visible wall damage, unfinished trim, and the property being a short sale requiring 'sweat equity,' it falls into the poor category requiring substantial rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30056, living area = 1995.
High School: Mountain Valley Academy (9/10).
Situated within the San Diego Country Estates, the property offers access to high-end amenities including a golf course, equestrian center, tennis courts, pools, and hiking trails.
The home requires extensive TLC and updates to reach its full potential, which will require a considerable investment of time and capital from the buyer.
As a short sale, the purchase process may involve extended timelines and is subject to third-party lender approval, which can be a hurdle for time-sensitive buyers.
Unlock the Potential in the San Diego Country Estates! Calling all visionaries and savvy buyers—this is your chance to create your dream home in one of Ramona’s most sought-after golf course communities! Located on a spacious lot in the San Diego Country Estates, 24638 Pappas Rd offers endless potential for sweat equity. This 3-bedroom, 2-bath home has great bones and a functional layout but needs some love to truly shine. Whether you're an investor, a first-time buyer with a passion for projects, or someone looking to customize every detail to your taste, this is the opportunity you’ve been waiting for. Enjoy peaceful surroundings, mountain views, and the incredible amenities the Estates have to offer—golf, equestrian center, tennis courts, pools, parks, hiking trails, and more. With some TLC, this home could be a showstopper and a solid investment in a fantastic community Don’t miss your chance to turn potential into perfection. Homes like this—with location, layout, and upside—are rare! This property is a short sale property
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 1.3 mi
Grades 7-8 • 4.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,995 | 2,114 | 41% |
| Lot Size | 30,056 | 23,287 | 57% |
| Price | $650.0K | $840.0K | 7% |
| Price per sq ft | $326 | $400 | 15% |
| Built year | 1989 | 1989 | 50% |
| HOA | $150.0 | $0 | 54% |
| Days on market | 151 | 172 | 41% |
Nov 22, 2025
$650,000
Initial Listing
Aug 30, 2017
$493,000
Public Record
Oct 14, 2010
$318,000
Public Record
Sep 13, 1996
$175,000
Public Record