
Ramona, California 92065
This Versatile Multi-Structure Estate is a High-Potential Investment Opportunity, listed at $1,295,000—positioned above the $1,160,744 Fair Market Value. While priced above current estimates, the property offers significant utility through its 7.14-acre lot, private pond, and dual accessory structures ideal for rental income or multi-generational living. With a Fair Condition Rating, the home provides a canvas for modernization. Featuring Panoramic Mountain Views and proximity to Mountain Valley Academy (9/10), this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a self-sustaining rural lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 333 Thomsen Way Subject 4 bd · 3 ba · 2,669 sqft · $435 | $1,295,000* List Price | 4 | 3 | 2,669 | $435 | - |
A 1335 Magnolia Avenue Sold 3 bd · 4 ba · 2,678 sqft · $410 · 1.0 mi | $1,099,000 | 3 | 4 | 2,678 | $410 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, this 25-year-old home falls into the fair category as it is over 20 years old with original features. While the main living areas have been refreshed with new flooring and paint, the kitchen and bathrooms retain original oak cabinetry, fluorescent lighting, and dated fixtures that require modernization. Systems like the HVAC and water heater are likely nearing the end of their typical lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 311018, living area = 2669.
High School: Mountain Valley Academy (9/10).
The property features an attached guest suite and a separate detached residence with its own kitchen and laundry, offering exceptional potential for multi-generational living or rental income.
The assigned elementary school has a lower performance rating of 3, which may be a drawback for families prioritizing high-ranking primary education.
The scale of the 7-acre lot, combined with multiple residential structures and a private pond, necessitates significant ongoing maintenance and management of rural infrastructure.
Discover space, versatility and sweeping views on 7.14 acres in northeast Ramona! Set on an elevated portion of the property, this 4-bedroom ranch-style home offers approximately 2,669 square feet with a spacious open floor plan designed to take advantage of the surrounding mountain views and picturesque private pond. Massive picture windows bring the outdoors in, while generously sized living spaces include formal living and dining rooms plus a comfortable family room accented by a wood-burning stove with brick surround—perfect for adding warmth on cool winter evenings. The spacious kitchen offers abundant counter and cabinet space, a convenient walk-in pantry and easy access to the indoor laundry room. The oversized primary suite features two closets, including a large walk-in closet plus a standard closet with mirrored wardrobe doors. The en-suite bath offers dual wash basins, generous counter and cabinet space, a separate shower and deep oval soaking tub. Three additional spacious bedrooms share a full bath, with one bedroom offering direct access to the bath. A separate half bath is conveniently located for guests. A screened entry provides a welcoming transition into the main home, and the attached, finished 4-car garage offers additional storage areas. Adding to the property’s versatility is an attached structure with its own entrance featuring a spacious room, full kitchen and bathroom. A separate detached structure on the property features a bedroom, bathroom, living area, spacious kitchen, indoor laundry area, storage room and an attached RV-height garage. Discover space, versatility and sweeping views on 7.14 acres in northeast Ramona! Set on an elevated portion of the property, this 4-bedroom ranch-style home offers approximately 2,669 square feet with a spacious open floor plan designed to take advantage of the surrounding mountain views and picturesque private pond. Massive picture windows bring the outdoors in, while generously sized living spaces include formal living and dining rooms plus a comfortable family room accented by a wood-burning stove with brick surround—perfect for adding warmth on cool winter evenings. The spacious kitchen offers abundant counter and cabinet space, a convenient walk-in pantry and easy access to the indoor laundry room. The oversized primary suite features two closets, including a large walk-in closet plus a standard closet with mirrored wardrobe doors. The en-suite bath offers dual wash basins, generous counter and cabinet space, a separate shower and deep oval soaking tub. Three additional spacious bedrooms share a full bath, with one bedroom offering direct access to the bath. A separate half bath is conveniently located for guests. A screened entry provides a welcoming transition into the main home, and the attached, finished 4-car garage offers additional storage areas. Adding to the property’s versatility is an attached structure with its own entrance featuring a spacious room, full kitchen and bathroom. A separate detached structure on the property features a bedroom, bathroom, living area, spacious kitchen, indoor laundry area, storage room and an attached RV-height garage. This structure has separate access, a fenced area and patio overlooking the pond. The mostly level acreage provides plenty of usable outdoor space, with the main residence situated on an elevated area to capture the views. Existing animal improvements include a feeding area and pen, while the lower portion of the property provides substantial space for recreational vehicle and equipment parking. An RV area includes full hookups with water, electricity and septic connection. Owned solar helps offset electrical costs, and the property is served by both municipal water and a well. With acreage, mountain and pond views, extensive garage space, multiple existing structures, animal improvements, RV accommodations and abundant usable land, this unique Ramona property offers an exceptional combination of sp...
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades K-6 • 3.6 mi
Grades 7-8 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 2.8 |
| Square foot | 2,669 | 2,213.899 |
| Lot Size | 311,018 | 28,584.038 |
| Price | $1.29M | $845.8K |
| Price per sq ft | $485 | $404 |
| Built year | 1999 | 1989 |
| HOA | $0 | $190 |
| Days on market | 23 | 49 |
Oct 2, 2026
$1,295,000
Initial Listing
Oct 25, 2017
$775,000
Public Record
Apr 23, 1999
$100,000
Public Record