Rancho Santa Fe Real Estate Market

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by Roberta Murphy

rancho santa fe real estate marketWall Street and pundits have been buzzing about how the luxury real estate market has turned cold–even in Manhattan, San Francisco… as well as Rancho Santa Fe.

And more than a few are whispering about the great buys to be found–perhaps even in the Rancho Santa Fe real estate market. And one day, we predict, buyers will look back on this 2009 market and wish they had bought their dream home in these times of uncertainty.

As of this writing, there are 256 homes on the market in Rancho Santa Fe’s 92067 zip code, and of those, only four are attached dwellings.  A full third of those Rancho Santa Fe homes have had price decreases from the original dates of their listing–and we are even beginning to see short sales and pending foreclosures within this wealthy community.

Still, the average price for a home in Rancho Santa Fe runs $4,984,596, while the median comes in at $3,420,000–and the average price per square foot rings in at $699.  Of course, most of these homes sit on precious acreage, which is not counted in that figure.

The average days on market for a Rancho Santa Fe listing is running 141 days, with a median of 104 days.   And according to the Sandicor MLS, the least expensive home in Rancho Santa Fe (92067) is $866,500 for a large 2-bedroom condo on Via de Santa Fe, while most expensive is a dazzling estate on Los Arboles priced at $35 million.

We advise Rancho Santa Fe sellers who don’t have to sell to wait until market conditions improve–unless they have their eye on another irresistable real estate opportunity.  In that case, one can expect to sell low–and hopefully buy even lower.

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The Most Expensive Homes in Rancho Santa Fe

Listed below are current homes for sale in Rancho Santa Fe:

6853 Rancho Valencia Road Rancho Santa Fe, CA 92067

$18,500,000
9 Beds
13 Baths
21,477 SqFt
Status Pending
MLS # 160047271
Property Type Single Family Residence
Price Type --
The crown jewel of Rancho Santa Fe’s Del Rayo Triple Crown Estates, The Belmont presents one of the finest, most exclusive living environments in the nation. Introduced by a phenomenal foyer with 2 curving staircases, the main home hosts 7 magnificent en suite bedrooms, including a main-level 4-room master suite. Soaring ceilings crown a grand salon that opens to a massive loggia, overlooking a lagoon-inspired pool with grotto, waterfalls, spa and slide. Enjoy an intimate dining room with private outdoor patio and fountain, a dedicated theater, a billiards room with pub bar and wine room, and an extraordinary island kitchen. A gated entrance mall lined with towering date palms provides an appropriate introduction to equestrian-themed grounds that are appointed with multiple patios and loggias with fountains; an outdoor entertainment pavilion; cooking stations including a pizza oven; a full bar and lounge; a self-contained 2-bedroom guest house; a separate gym and arcade building; a lighted and sunken tennis court; a secondary gated entrance; garage parking for 8; a 4-stall barn with tack, storage and office; a separate 6-bay garage for maintenance vehicles; full dressage or hunter/jumper ring; a round pen and gorgeous pastures.. Neighborhoods: Del Rayo Estates Equipment: Dryer,Fire Sprinklers,Garage Door Opener,Pool/Spa/Equipment, Range/Oven, Vacuum/Central, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL

6314 El Apajo San Diego, CA 92067

$12,995,000
10 Beds
17 Baths
25,000 SqFt
Status Active
MLS # 190063759
Property Type Single Family Residence
Price Type --
25,000 sqft combined living space - this pristinely maintained & fenced compound with state of the art upgrades, smart home features & security cameras. Solar maintains the entire property with additional solar for pool. Only minutes to Del Mar Beaches, racetrack, world class spas & country clubs. Compound is comprised of 5 bedroom Main House, 2 bedroom Guest house, 3 bedroom Carriage House & Movie Theatre/Games house. Citrus trees, rose gardens, waterfalls and wells complete this fairytale estate. NO HOA! Upscale master suite with VERY LARGE his and hers walk-in wardrobes and separate baths. Private master bedroom area complete with spa, fire place and private patio. Main house with gourmet kitchen (2 large pantries + butlers pantry). Large outdoor entertaining areas including bar, BBQ area and pool house. 6-car garage in main house + 2-car garage in Guest House. (Additional 8 car+ garage possible in Carriage House, now exercise/gym area). Ample guest parking in entry courtyard and behind the house near side entry. NO HOA! Brand new carpet throughout! Freshly painted! All exterior lights and blinds on timing controlled by sunset. Monthly costs split with neighbor (Ask agent for details). Lease option is possible with the correct seller terms. *All measurements to be verified by buyers agent. Equipment: Pool/Spa/Equipment, Range/Oven Sewer: Sewer Connected Topography: LL

17121 Circa Del Sur Rancho Santa Fe, CA 92067

$3,675,000
6 Beds
6.5 Baths
8,512 SqFt
Status Pending
MLS # 200023849
Property Type Single Family Residence
Price Type --
Located on a prime elevated lot, this 5+ bedroom estate provides desired privacy, and unobstructed views. Enjoy a refreshed light filled interior, brand new kitchen with top of the line appliances, a cozy breakfast nook, beautiful wide-plank wood floors, stone and wrought iron work throughout, generously sized bedrooms suites, exercise room, and two classic wood paneled offices. Easy entertaining with built-in BBQ, serene fountain pool/spa, guest house.. Neighborhoods: Fairbanks Ranch Equipment: Dryer,Garage Door Opener,Pool/Spa/Equipment, Washer Other Fees: 0 Sewer: Sewer Connected Topography: GSL

17398 Calle Serena Rancho Santa Fe, CA 92067

$3,798,000
8 Beds
6 Baths
7,341 SqFt
Status Pending
MLS # 200030400
Property Type Single Family Residence
Price Type --
One of the most exclusive communities in California. Also offering the best in 24 hour home security, Equestrian facilities, community living and close to wonderful schools. Rare opportunity to own the largest lot available in Fairbanks Ranch. Elegant 400 foot private drive directs you to this vast property, and this is the most private and the quietest. Fairbanks has a private lake, clubhouse, 5 tennis courts, walking trails, etc. DO NOT DISTURB OWNERS Equipment: Dryer,Garage Door Opener,Pool/Spa/Equipment, Satellite Dish, Washer Sewer: Sewer Connected

7087 Rancho Santa Fe View Court Rancho Santa Fe, CA 92067

$2,149,000
4 Beds
4 Baths
4,336 SqFt
Status Active
MLS # 200043058
Property Type Single Family Residence
Price Type --
LAST OF THE MULTI-ACRE MANSIONS! Location, luxury, security & serenity w/sweeping views. Don't shelter in place - shelter in PALACE! Your mansion sits on RARE 4-acre parcel w/the freedom of NO HOA. 2 optional Income Units! Horses allowed. FULLY reimagined. Your pristine estate is the perfect backdrop for posting a lifetime of family pix & videos. Giant Master Spa & the kitchen you've dreamed of-Viking fridge. Roger Rowe schools. [Supplement]: The setting IS the story! A real-life dream home nestled at the top of a RARE 4 acre corner lot, this pristine custom-built estate is an extraordinary oasis of luxury, beauty, and tranquility. One of the few remaining acreage estates in desirable Rancho Santa Fe, this one of a kind masterpiece features: * Freedom and autonomy No HOA, no CC&Rs, no Mello-Roos, no hidden fees or outrageous club dues, whatsoever. Your land, your home, your choices *4,336 square feet Uncompromising quality and craftsmanship, timeless style crowned with European elegance. *4 bed / 4 bath 4 spacious bedrooms and 4 FULL bathrooms (3 of which are en-suite)! *Breathtaking 180+ degree views Sweeping panoramic views of the countryside's natural splendor. *Luxurious finishes Meticulous attention to detail in every portion of the home (see list below.) *Expansive and open floorplan Designed for entertaining and ideal for events such as weddings and receptions, baby showers, family reunions, even corporate gatherings or church retreats. *Equestrian Use? Desirable Residential Rural zoning allows horse boarding. *Privacy Tucked away on a quiet side street, Rancho Santa Fe View Court only has 3 other addresses/neighbors and no immediate neighbors on any side. *Within R. Roger Rowe Elementary and Middle School One of the most award winning and distinguished School Districts in the whole country. Form and Function, Style and Substance: Beyond simply highly upgraded this home is FULLY upgraded. A floor-to-ceiling remodel. Elegant, yet unpretentious, the expansive estate every parent dreams of raising a family in. Guest bedrooms in the downstairs wing feature separate private entrances: the perfect layout to accommodate in-laws, aging parents, or a growing or multi-generational family. Downstairs guest bedroom #1 was redesigned as an income-producing short-terms rental (AirBnB) studio, mother in law unit, casita, or maid's quarters, with full kitchen, full bathroom, and private entrance. Just some of the many features and amenities include: *1,320 bottle wine cellar (wine closet) with real corkboard flooring. *Top of the line Gourmet Chef's Kitchen highlighted by stainless steel state of the art Viking refrigerator, 36 inch Bertazzoni 5 burner range with matching Bertazzoni dishwasher, plus an ultra-modern Bosch drawer microwave. There's even a wine fridge behind the wet bar. *Stunning Calacatta countertops adorn all counter surfaces, including BOTH upstairs and downstairs kitchens, kitchen bar, adjacent wet bar, and all 4 bathrooms. *Recessed energy efficient lighting and stately chandeliers throughout. *Absolutely jaw-dropping 8 foot high SOLID Brazillian Rosewood arched double doors, (a grand entrance statement piece if ever there was one) hand-carved by a local master carpenter. These rare $10,000 doors have been discontinued and are no longer produced due to international environmental regulations on Rosewood. *Dramatic custom stonework, and numerous high-end finishes including porcelain floors in all bathrooms, flawless Italian Carrera showers, and hand-scraped beveled edge wide plank hardwood floors in dining room, living room, family room, and hallway. *Skylights plus dozens of large arched windows wrap the house in a warm blanket of natural light. Most windows face the south and west (best for watching all the romantic sunsets and hot air balloons.) *Generously proportioned rooms, 3 with lavish walk in closets. *Drought tolerant,

15839 The River Trail Rancho Santa Fe, CA 92067

$6,250,000
5 Beds
6.5 Baths
10,300 SqFt
Status Active
MLS # 200047563
Property Type Single Family Residence
Price Type --
A Lifestyle Location, Location, Location! Above all else! It's stunning, elegant, sophisticated with “SmartHome Technology”. This home is the most impressive turnkey estate property constructed inside the exclusively private guard-gated community of The River Estates at Rancho Rancho Santa Fe. Convenient location bordering the Covenant of RSF, mins. to freeways, grocery stores, fine dining, gorgeous beaches, and walking distance to top public/private schools, churches and more! Come see the value in this incredible property! A MUST SEE! Great value-price per sq ft in this exclusive neighborhood! With the added security & privacy of this prestigious gated community and convenient location bordering the Covenant of Rancho Santa Fe, this property lies only minutes to the communities of Del Mar, Solana Beach with easy access to the 5-freeway. Within walking distance to top public and private schools, churches,fire protection services,animal shelters,convenience store, horse facilities and the organic Chino Produce Farm. This legacy property lies only minutes to historic Del Mar Race Track, gorgeous beaches, grocery stores, shopping centers, golf courses and fine dining. The exquisite floor plan in this estate home is breezy and effortless. Grand spacious rooms flow seamlessly throughout while maintaining a sense of intimacy and privacy for a larger family with work from home professionals. Featuring five stately bedroom suites each with full baths, this exceptional home presents an expansive and stunning great room perfect for entertaining while hosting a state-of-the art wireless media center featuring a theatre-like surround-sound experience delivering professional grade HD video and the best of McIntosh audio fidelity. With a regal, two- sided “see through” stone fireplace connecting the adjoining game room, complete with an elaborate yet cozy wet bar, this home is an entertainers dream. The heart and soul of any home is the kitchen, and in this room every detail has been designed with an emphasis in elegant functionality. Presenting a suite of classic custom cabinetry with accompanying Viking, Wolf, Fischer & Paykel and Sub Zero appliances, this kitchen space has been created with storage and practicality concerns for an entertainment lifestyle. Providing ample counter-space and a gourmet feel, the design work flow offers an easy to navigate layout, multiple pantries with storage and drawers at your fingertips, making gourmet food preparation for family or entertaining an efficient and whimsical endeavor. When it comes to a Master Suite, privacy, calm and restful elegance is treasured, and this home’s Master Suite delivers. Located on the first floor with a perfectly appointed sitting room and fireplace, stunning design elements throughout, the majestic Master Bathroom presents custom onyx countertops, a deep spa soaking tub, large glass- enclosed walk-in shower and sauna, double vanity and separate toilet rooms. The Master Closet has been customized throughout with a large inner island that features a stunning one-piece slab of highly figured specimen onyx, effortless hanging pull-downs, deep drawers with ample slide out shoe storage, and custom shelving. Finishing off the design amenities on the first floor of this magnificent home lays a charming Powder Room with custom Butterfly onyx flooring, presented with a matching hand carved onyx Sherle Wagner Shell Pedestal Sink, a convenient Laundry Room with four oversized Washer and Dryer hookups, a sink with an abundance of storage cabinetry, and a lower level Media Room, that could also be converted to an optional fifth bedroom if desired. The second floor of this estate home has three expansive bedrooms, each with their own customized in suite bathrooms and walk-in closets, with one bedroom featuring a private covered balcony with peaceful westerly views. The property also presents a large four car garage, custom garage doors, epoxy sealed floors, and built in storage ca...

4724 El Aspecto Rancho Santa Fe, CA 92067

$6,895,000
5 Beds
7.5 Baths
9,652 SqFt
Status Active
MLS # 200048466
Property Type Single Family Residence
Price Type --
A tree-lined drive lures you to this serene setting which opens up to captivating countryside and golf course views. Spectacular and thoughtful detailing throughout this custom built estate in a westerly Covenant location at the end of a private cul-de-sac. The great room with a gourmet kitchen, large breakfast area, family room, and full-sized bar is the ideal floor plan for entertaining and the master retreat with fireplace has 2 separate bathrooms, walk-in closets, & a gym. This home unfolds from the airy foyer to the grand living room and the gracious dining room with built-ins flanking a fireplace. Craftsmanship abounds in this custom-built home which is evidenced in the features like grand cast stone fireplace surrounds and arched doorways, substantial moldings, ceiling details and iron work. Even the half-bath is a work of art, showcasing a floor to ceiling tree of life sandstone sculpture imported from Jaipur. A temperature-controlled wine room housing 1800 bottles is resplendent with marble mosaic flooring, hand painted murals and an Italian plastered ceiling. Your family will be comfortable in the four additional bedrooms, one of which is secluded upstairs to make a perfect second master suite or guest quarters; another is in the master wing and currently being used as a second office, but could be great for small children. In the family room, a wood box-beamed ceiling and walls of built-in cabinetry, fireplace and wet bar add ambiance, while oversized doors lead out to the covered patio with a fireplace overlooking the pool. An outdoor kitchen with BBQ, warming drawer, refrigerator, and stove-top make pool-side meals a breeze. A four-car attached garage with lots of built-in storage, as well as a two-car detached garage (with wine bar!) offer plenty of parking for car enthusiasts. Equipment: Dryer,Garage Door Opener,Pool/Spa/Equipment, Shed(s), Vacuum/Central, Washer Sewer: Sewer Connected Topography: LL,GSL

6311 Calle Del Alcazar Rancho Santa Fe, CA 92067

$4,995,000
4 Beds
6 Baths
7,658 SqFt
Status Active
MLS # NDP2002382
Property Type Single Family Residence
Price Type --
The Tranquility House is sited on a quiet, view lot within the exclusive community of Fairbanks Ranch. An exceptionally crafted and maintained single-level estate home where open-concept living is infused with a beautiful mix of eras and styles that work together to create a sophisticated and comfortable space. Resting on a 1.27acre parcel, the site delivers a choice selection of sun-lit exterior living including a lushly landscaped and gated front courtyard. An expansive backyard patio hosts to casual seating and dining areas, pool, spa and built-in BBQ with a backdrop of stunning views. Inside the home, a blend of rich natural stone, woods, and richly layered materials punctuated by flawless hand-crafted millwork produce an effortless elegance. Each common area flows into the next with a gourmet kitchen at the heart, where double Sub-Zero refrigerator/freezers, a huge center island with marble countertops sustain entertaining of any scale. Measuring nearly 7,658 SF, the timeless design encompasses 4 bedrooms & 4.5 bathrooms including the primary suite featuring floor to ceiling windows that extend into oversized walk-in closets, dual bath areas and exercise/meditation room. Water softener system, central vacuum and integrated audio are additional highlights of this lavish residence set on a single-loaded street in arguably Rancho Santa Fe’s most sought-after gated community. The centerpiece of this estate home is its resort inspired backyard, complete with expansive covered logia that opens into interior spaces through lift-and-slide doors. Illuminated by an overhead skylight, the veranda also frames the lower level pool, spa, decking and outdoor barbecue. An impressive array of finishes highlight the interiors, including figured French Ash cabinetry in the kitchen, dining room, living room and master bath. Family room cabinetry blends figured Ash and Tamo Ash with Birdseye Zebrano wood and Walnut enhance the library. The luxurious flooring features gleaming clear maple, custom sculptured carpets as well as travertine and marble. The generous and sumptuous master suite provides a garden view sitting area, plus exquisite master bath with dual vanity areas, separate dressing space, grand shower and spa tub. Abundant storage is integrated throughout, including two storage rooms in the oversized 3 car garage. Topped by a show-stopping peaked rough-sawn cedar ceiling, the family room highlights a masterfully detailed fireplace and bookcase wall. Dramatic and modern uncluttered and carefully edited with a mix of delicate and bold for a neutral setting that’s timeless in appeal. The home's accomplished team of professionals include Mueller Custom Homes, Bill Hayer Architecture and interior designer Robert Larson of Three Arch Design.

Rancho Santa Fe CA 92067

$98,500,000
6 Beds
6.5 Baths
15,000 SqFt
Status Active
MLS # 200051259
Property Type Single Family Residence
Price Type --
This remarkable 77 acre Covenant estate comprised of 7 parcels will transcend your expectations with multiple residences, two state-of-the-art barns, riding arenas, several pastures, tree-lined trails, 15 acre bass-filled lake, tennis court, and the ultimate in privacy, security, and seclusion. The 15,000 SF main home is a classic Santa Barbara style with an understated elegance & a 2 BR guest house adjoins the fully equipped game room with bowling alley, bar, & gym. Perfect for enjoying all your favorite activities, sports, and hobbies, this remarkable property is also set up to accommodate a variety of equestrian disciplines. There are multiple residences for welcoming family and friends and to have on-site staff, trainers, and managers. Strategically developed to achieve the ultimate in privacy yet conveniently located just minutes to downtown, airports, shopping, beaches, and showgrounds, this special haven is unlike any other in the area. Possible development opportunities include a private shared ownership – multi-family estate, premier destination equestrian retreat, exclusive horse breeding and training facility, all-inclusive Olympic Training Center, health and wellness spa resort,or a corporate and/or adventure retreat. Architectural Style: Custom Built View: Custom Built Equipment: Dryer, Range/Oven, Washer Sewer: Public Sewer Topography: LL

14497 Emerald Ln Rancho Santa Fe, CA 92067

$10,900,000
7 Beds
7 Baths
8,486 SqFt
Status Active
MLS # NDP2003412
Property Type Single Family Residence
Price Type --
This home overlooks 5 holes of the famous Del Mar Country Club Golf Course & offers the ultimate in privacy, with its prime position situated at the end of a cul-de-sac and a private gated entrance. A long driveway leads to this charming home built with hand-honed distressed pine, double studs & vintage 1st generation lumber beams from Idaho & Montana. The spacious gourmet kitchen showcases the most expensive materials in the world & features a center island and top of the line appliances. Kitchen cabinets were built & designed by McCavoy, one of the best custom cabinet builders in San Diego. The living area features a massive stone fireplace stretching from floor to the cathedral ceiling. The distressed vintage beams throughout add to the inviting old-world charm. The exterior of this custom estate showcases imported rock, rounded & hand cut with diamond blades. A Pebble-tek & sandstone patio leads out to a large pool area where the guesthouse & landscaped hedge provides privacy from the golf course. No expense was spared in this dramatically landscaped lot, which was custom designed by Michael Theilaker of award-winning firm KTU&A Architects. No place exemplifies luxury more than Rancho Santa Fe & no name is as synonymous with upscale real estate & golf as Del Mar Country Club. One of the most exclusive clubs in the world, the Del Mar Country Club is a short golf cart ride away from this estate. The 50,000 square foot clubhouse offers options for dining, entertainment, and business. Private rooms & ballrooms are available for meetings, conferences, banquets or parties, & 3 dining options are offered: a formal dining room, a cozy lounge, & a casual patio.

5757 Linea Del Cielo Rancho Santa Fe, CA 92067

$19,900,000
11 Beds
15 Baths
15,425 SqFt
Status Active
MLS # NDP2003866
Property Type Single Family Residence
Price Type --
ROMANTIC VILLA ENCANTADA Enchanted Argentine Masterpiece! 8.13 acre Covenant compound, encompasses the 2001 built 15,425 sq ft Main house; Additional structures: The grand 3400 sq ft recreation/guest Retreat with 2 bedrooms/2 baths; a Charming Lillian Rice Style one bedroom Tennis Cottage; and a detached two bedroom Staff house. Finest materials used; Carrara stone columns, arches, Palatial living room with soaring 22 ft high ceilings with massive imported beams, imported doors, stone flooring and 5 limestone & marble fireplaces from Europe. Elegant wrought iron balustrades & grand staircase lead to a musicians' mezzanine that overlooks the entertainment area below. Featuring: 5528 bottle capacity Wine Cellar, Billiard den, Media room, Gym. Chef's Kitchen opens to the al fresco Pavilion. The 3400 sq.ft. Recreation/Guest House has a fireplace, high ceilings, French doors opening to bountiful gardens and includes a detached two car garage. Landscaping abounds with botanical specimens and provides numerous peaceful meditation areas for connecting with nature, acres of serene gardens, paths & patios & Views of valley below. Adjacent to the 23+ acre Ewing Preserve with trails. Near the Rancho Santa Fe Riding Club, miles of equestrian trails, world class RSF Golf Course, private Club, 11 court Tennis Club. Stroll to charming Rancho Santa Fe Village and the Inn at RSF. Property sold As Is. HOA FEES $0.14/$100 ($1,400/$1m) of value (sales price). SEE VIDEO ATTACHED

6710 El Montevideo Rancho Santa Fe, CA 92067

$19,995,000
3 Beds
2 Baths
1,460 SqFt
Status Active
MLS # NDP2100041
Property Type Single Family Residence
Price Type --
A spectacular and rare 16.5 acre all usable parcel in Rancho Santa Fe. Stunning views of the mountains, 8 separate parcels, on a non-covenant island surrounded by covenant properties. Lots of possibilities...large estate, family compound or development opportunity.