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$1,280,730Estimated home value

Beds
4
Baths
3.0
sq ft
2,637

16048 Saddle Summit Rd, Ramona, CA 92065

16048 Saddle Summit Rd

Ramona, CA 92065

  • Off market
    • Price drop $80,000↓
Private, west-end, custom home pulling elements from both the Spanish and Santa Fe design influence. This 1.5 acre estate is nestled down in a grove of ancient oaks and pepper trees on the west end of Ramona near Mt Woodson, Mt Woodson Golf Course and Ramona Wine Country. The main home surrounds a beautiful courtyard with oversized eaves and French doors entering through the main entry, kitchen and courtyard facing bedrooms. The formal entry opens to an expansive living room with a large fireplace for its focal point. Beautiful pecan cabinetry wrap around the entire kitchen with a prep island center, all finished with beautiful granite counters. Saltillo tiles lead you throughout the home including the dining room, family room, the primary/master bedroom and two additional bedrooms in the main home. Additionally, the estate features a detached ADU unit with separate entrance convenient for multigenerational living, or rent for income. The AirBNB unit helps offset your mortgage (averaging 2k monthly), if you choose. Additional property features include a beautiful, relaxing saltwater pool with jumping rock, second patio area with cover, orchard with a variety of stone fruits, cherries and citrus as well as a paid for solar system. The entire property is fenced with gated entry and covered with mature landscaping for ultimate privacy. With a short 10 minute drive to both Poway and Ramona and 35 minutes to the San Diego beaches, downtown and airport, this home is ideal for remote professionals who want a truly California estate.

Details

Property type

Single Family Residence

Est. home value

$1,280,730

Lot size

1.51 acres

Price per sq ft

$493

Year built

1988

Price History

09/30/2024
SanDiego

SanDiego #240012195

Removed
$1,300,000
08/08/2024
SanDiego

SanDiego #240012195

Price change
$1,300,000
-5.8%
07/18/2024
SanDiego

SanDiego #240012195

Price change
$1,380,000
-0.36%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$543,224
Asking price
$1,300,000
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$652,776
Cash to seller
$543,224

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nations Reliable Lending Llc

Loan start date

January 2021

Original loan amount

$712,000

Est. remaining balance

$652,776

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Christine Galdston

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/05/2024 at 6:35 PM

Listing updated: 09/29/2024 at 9:25 AM

Listed by: Jon Erro, Redfin Corporation Phone #: (877) 973-3346

MLS: SanDiego #240012195

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