This sold for $4,000,000 in 2001. On 9/11/2007, the former owners of this property took out a mortgage for $8,500,000, and the bank foreclosed in 2014…….but they haven’t sold it yet:

It will be back on the market some day!

We might see this REO sooner, now that the bank foreclosed after the former owner who got sentenced to 34 months (WaMu/Chase had $4.5 million in loans):

https://www.zillow.com/homedetails/6036-San-Elijo-Ave-Rancho-Santa-Fe-CA-92067/16730510_zpid/

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