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Rancho Penasquitos City Overview

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The San Diego suburb, Rancho Penasquitos, full name is Rancho de los Penasquitos, or "Ranch of the Rolling Hills." And, this community more than lives up to its name! Rancho Penasquitos suburb was established in the early 1970s. Over thirty years later, it has grown to be a tight-knit community where park play dates (for the little ones) and high-school football games (for the not-so little ones) are king!

Although the community is technically situated in North San Diego County, one could argue that it is actually quite central. The suburb is located right off Interstate 15 and Highway 56, making commuting to La Jolla, Sorrento Valley, or Downtown San Diego a breeze.

Looking for Poway Schools without the country lifestyle? Rancho Penasquitos is part of the highly-acclaimed, heavily-awarded Poway Unified School District. Many families purchase homes in Rancho Penasquitos because of this and this alone.

However, Rancho Penasquitos has plenty more perks than just a great education for children. There are plenty of parks, equestrian trails and riding, and hiking in the Los Penasquitos Canyon Preserve. Bicyclists welcome the challenge of the rolling hills and also enjoy the bike path that runs parallel to Highway 56 taking them from the ‘burbs to the coast.

A popular event for all County residents is the annual road trip through "Christmas Card Lane." Every year for the last 23 years, a particular neighborhood in Rancho Penasquitos decorates its homes and yards with larger-than-life Christmas cards, decorations, and props. What started as an idea between 15 homes has grown to over 200 homes!

The area is one of the more affluent areas in the city of San Diego with a median income of $87,789. There are over 55,000 community residents. Roughly a quarter of Rancho Penasquitos' (92129) homes are multi-family (e.g. condos or townhomes). The remaining three-quarters of Rancho Penasquitos' (92129) homes are single family houses. The median price of a detached home in Rancho Penasquitos (92129) is $680,000. The median price of an attached home (condo or townhome) in Rancho Penasquitos (92129) is $328,000. Homes in the established community range from a couple of years old up to 30 years old.