
Ramona, California 92065
This Dual-Dwelling Residential Property represents a Strong Value Opportunity, listed at $950,000—positioned slightly above the $901,724 Fair Market Value. While the price reflects a premium, the property offers significant utility through its 1.54-acre lot and a remodeled 3-bedroom main house paired with a spacious 1-bedroom studio. With a Mint Condition Rating, the home features a Granite Kitchen and modern HVAC, providing immediate lifestyle value. This versatile asset is ideal for Multi-Generational Families or Owner-Occupants seeking rental income potential in a scenic, equestrian-friendly setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 723 Amigos Subject 4 bd · 3 ba · 1,666 sqft · $541 | $950,000* List Price | 4 | 3 | 1,666 | $541 | - |
A 1115 6th Street Sold 3 bd · 3 ba · 1,967 sqft · $414 · 0.6 mi | $815,000 | 3 | 3 | 1,967 | $414 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1963, the property has undergone a complete high-quality remodel within the last 5 years. It features a modern kitchen with granite countertops and stainless steel appliances, new flooring, recessed lighting, and updated central HVAC systems, putting it in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 67082, living area = 1666.
The property features two separate dwellings, including a remodeled 3-bedroom main house and a spacious 1-bedroom studio, ideal for multi-generational living or generating rental income.
Situated on 1.54 acres of flat, usable land, the property is perfectly equipped for equestrian use with a horse arena, plus fruit trees and ample space for RV and equipment parking.
The property was recently sold within the past year on 2026-07-13. The sold price is $526,000.00.
Despite the extensive remodels, the original 1963 construction may present long-term maintenance considerations for underlying infrastructure compared to newer builds.
With a total of 1,666 square feet split between two separate units, the individual living spaces may feel somewhat small for larger families or those desiring grander room scales.
2 FULLY REMODELED HOUSES Welcome to 723 Amigos Rd, Ramona CA; this comfortable 3 bedroom, 2 bathroom & a very spacious 1 bedroom, 1 bathroom properties sit on 1.54 acres and have been Completely Remodeled with Quality Craftsmanship throughout. a welcoming area that works beautifully for extended living, creative projects, or rental income. Inside the main home, the kitchen features Quartz Countertops, New Frigidaire Stainless Steel Appliances, and a bright, functional layout designed for everyday living. Central heating and air conditioning that provide year-round comfort. The 1.54-acre lot offers a wide variety of uses and vast amount of usable space with thoughtful improvements, including an Arena for up to 20 Horses, Multiple Fruit Trees or Run an Agricultural Farm / Business, and ample room for RV Parking, Add additional ADU Units, Add a BARN with or without Stables & Work / Live Area, and MORE..!! Every part of the property has been cared for and upgraded with attention to detail and long-lasting quality. This property brings together open land, modern upgrades, and flexible living options in a quiet Ramona setting. It is a place where you can spread out, enjoy the outdoors, and truly make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 2.8 |
| Square foot | 1,666 | 2,213.899 |
| Lot Size | 67,082 | 28,584.038 |
| Price | $950.0K | $845.8K |
| Price per sq ft | $570 | $404 |
| Built year | 1963 | 1989 |
| HOA | $0 | $190 |
| Days on market | 23 | 49 |
Oct 2, 2026
$950,000
Initial Listing
Jul 13, 2026
$526,000
Public Record
Nov 18, 2016
$425,000
Public Record
Jun 14, 2013
$356,000
Public Record
Nov 2, 2012
$230,000
Public Record
Feb 20, 2001
$215,000
Public Record