
Ramona, California 92065
Analysis of 285 87 Penn, Ramona, California 92065 is currently available with a list price of $1,495,800. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Ramona Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 2002, the property is 22 years old, placing it in the 'Fair' category based on age criteria. While the home is well-maintained and includes a newer ADU, the main residence features dated 2000s-era finishes such as tile countertops in the bathrooms and original cabinetry that may require modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 363290, living area = 3923.
High School: Mountain Valley Academy (9/10).
The property features a primary residence plus a separate, high-quality 2BR/2BA ADU, offering excellent opportunities for multi-generational living or significant rental income.
The assigned elementary school has a rating of 3, which may be a concern for families prioritizing high-performing primary education within the immediate district.
The vast 8.34-acre lot and private road access require significant ongoing maintenance and may feel isolated for buyers seeking suburban convenience or easy commutes.
2 ON 1 : Previous Contractor's primary residence and AMAZING 2BR/2BA separate ADU on prime 8.34 acres with level to rolling terrain and well suited for Horse/Animal facility, Vineyard/Olive Grove or your choice! Private road leads to Main residence featuring covered front porch with attractive double door entry to foyer and living rm with mountain views and acres of pasture land and privacy. The spacious living area is enhanced by soaring wood beamed ceilings, formal dining room that opens to kitchen with stainless steel appliances, pantry, quality cabinetry, granite counters, center island and breakfast nook. You will appreciate the open family room featuring a inviting floor to ceiling firepace with stone facade. The master suite has a fabulous combo bathroom with separate walk-in shower from soaking tub, dual his/he vanitie sinks and huge walk in closet with built-ins organizers. 2nd BR has a pivate bath while additional 3rd and 4th bedrooms share a desirable Jack n Jill combo tub/shower bath. The oversized 3 car garage has 3 separate roll-up doors and is finished. This property is perfect for two families with ample space between 2 homes OR rent one to help pay your mortgage. So many options and worth the viewing!!!
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades K-6 • 3.6 mi
Grades 7-8 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 3,923 | 2,194 |
| Lot Size | 363,290.406 | 22,215.6 |
| Price | $1.50M | $832.9K |
| Price per sq ft | $381 | $405 |
| Built year | 2002 | 1987 |
| HOA | $0 | $195 |
| Days on market | 13 | 60 |
Jul 9, 2026
$1,495,800
Initial Listing