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.
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 many materials imported from Italy. They’d mention the famous houseguests, upscale fundraisers and political gatherings that have taken place here. Upon driving down the private road to the estate’s gate, you’ll be transported to Tuscany from the moment you pull in. Unlike anything else in the upscale town of Rancho Santa Fe, this home’s historic architecture is met with modern features from a head-to-toe renovation over the last two years.
