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...
View this post on Instagram A post shared by NBC 7 San Diego (@nbcsandiego) A different realtor has had this listed for sale since 2020, priced at $98.5 million.
You don't see this too often - a relatively modest home on a quarter-acre lot that is walking distance to the village of Rancho Santa Fe!
The homeowners paid $4,700,000 in March, 2023 (less than a year ago) and put in a pool and now they are asking $6,495,000.
Four homes that have sold for more than $20,000,000 in the Ranch. The highest was $22,995,000 in 2021! https://www.compass.com/app/listing/5385-linea-del-cielo-rancho-santa-fe-ca-92067/1354327752629851961
Brand new single story in the heart of the village - this property used to be part of the Inn. This sold for $4,250,000 after 450 days on the market (with no price reductions). The listing agent 'refreshed' the listing after 421 days and then it sold right away.
San Diego Magazine did a nice story on Chino Farm in Rancho Santa Fe, and called it the most important farm in America! It prompted me to include some video I did there a couple of months ago:...
Wondering how the local market can survive higher mortgage rates? It starts with the cash buyers laying the foundation of comparable sales, and financed buyers deciding if they can keep up. Thanks to Julie Chang for posting this data - her thread of comments here:
One of my favorite Compass agents went all out today to promote her new $15,000,000 listing - the MLS remarks: If these walls could talk, they would speak of the fact that this estate was built by a US ambassador to Italy as a summer home for he and his family with...
A good value in a sweet spot next to Fairbanks Ranch:
