This property was listed for $18,995,000 in 2020 but it didn’t sell. It looks like these guys picked it up for $6,000,000 (at least that’s the price on the tax record).
A proposed 160-unit retirement community intended to bring needed senior housing to Rancho Santa Fe faces pushback from residents who claim the project does not match the area’s rural character or zoning requirements.
The Silvergate Rancho Santa Fe project proposes a mix of rental cottages, apartments and memory care units for residents 60 years and older at a long-vacant 28-acre site at the corner of Calzada del Bosque and Via de la Valle, across from Chino Farms.
The developer, Solana Beach-based AmeriCare Health and Retirement, Inc., purchased the property in 2021 after eyeing it for years. Leaders say the plan is to provide a close-to-home retirement option for Rancho Santa Fe’s aging population.
Read full article here:
https://thecoastnews.com/silvergate-project-meets-opposition-from-rancho-santa-fe-residents/
Mr San Diegos daughters house…
5844 Calzada del Bosque/16044 Via de la Valle
Carol Smith Shannon house / former Valley Lane Farm
She was the daughter of Conrad Arnholt Smith, former banker and owner of the Padres before he sold them to Ray Kroc.
https://time.com/archive/6841261/scandals-mr-san-diego-in-dutch/
Owned everything in San Diego + was Nixons buddy. Government went after him for taxes, took everything away and he died penniless in the 1990s.
I looked up the history because I always thought it was weird that an abandoned house would exist in that neighborhood.