Property profile

0 Creelman Ln Ramona, CA 92065

OFF-MARKET
Land
277.65 ac lot
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Property summary

AI-generated overview

Spangler Peak Ranch presents a unique opportunity to acquire 277.65 acres of land in Ramona, California (zip code 92065). This expansive property, encompassing APNs 2841101500, 2841101600, 2841501700, 2841301100, and 2850800200, is zoned A70 and L, offering diverse development potential. The land boasts a varied topography, including rolling hills, and features a 1.5+ acre surface area water reservoir, ideal for agricultural pursuits. Currently, a 4-bedroom, 2-bathroom manufactured home (approximately 2000 square feet) provides comfortable living quarters. Utilities are in place, serviced by the Ramona Municipal Water District, supplemented by a private water well. The property enjoys paved access to the home, with ranch roads extending throughout the acreage. Spangler Peak, reaching 1975 feet above sea level, provides breathtaking panoramic views of the San Diego backcountry. This exceptional property offers a blend of existing infrastructure, natural beauty, and significant development potential, making it an ideal investment for a variety of uses, including a private estate, sustainable farming, or future development projects. The property's location offers both privacy and convenient access, making it a truly remarkable opportunity. The asking price is $2,399,000.

Property profile

Verified
Property type Land
Lot 277.65 ac (12,094,434 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Creelman Ln Ramona, CA 92065
Ramona metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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