Distress in Rancho Santa Fe …
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Heaven forbid there are Foreclosures (and short sales too) in Rancho Santa Fe, CA 92037 & 92091 …
… the upscale community with one of the highest median prices in the US is not totally immune to the mortgage mess and current market conditions. So what’s been happening in Rancho Santa Fe this year? Here are the trends -
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The exclusive gated community of Fairbanks Ranch is not immune from pain. This home is offered at $2,995,000 with 6 bedrooms and 8 baths. Listing agent is Barry Estates |
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This home also in Fairbanks … Over 16,000 sq ft priced at $4,927,000 already owned by the Bank. Listed by Prudential California Realty
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This home in Fairbanks has found a buyer already. In the MLS in ‘pending" status. Over 5,800 sq ft with 5 bedrooms and 5 bath. Asking price $2,750,000. Listing agent Prudential California Realty
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Del Mar Country Club is pretty exclusive too and a home on Dalia has found a buyer. 5,700 sq ft it was offered at $2,500,019 by Prudential California Realty |
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Cielo is a newer gated enclave to the North of Rancho Santa Fe. This brand new home is offered at $2,799,00 with almost 10,000 sq ft. Listing agent Vertical One has an offer on the table. |
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Homes in the "Covenant" also listed: This example near the Golf Course with over 2 acres has multiple offers already. Listed by Willis Allen at $2,595,000 |
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Right in the center of the "Village" of Rancho Santa Fe is this home with over 3 acres. Bug Realty is the listing agent on this one at $1,699,00 |
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In The Covenant with over 4 acres, the agent discloses that mold was cleaned from walls and ceilings – can’t have put off the buyer as it’s in "pending" status. Listed by Triad Properties. The list price is $2,400,000 with over 5,000 sq ft |
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This home close to the "Village" designed and built by the Holcolme’s is now in "pending" as of yesterday. Was priced at $2,500,000 and offered as a short sale. Current owner paid $3,595,000 in mid 2006 and is now under water – ouch … Listing agent The Stirling Company
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This bank owned house on El Camino Real in the "Covenant" sold last month for $1,990,000. With over 5,000 st ft and just over 4 acres surrounded by lemon and orange groves. Prudential California Realty was the listing agent who disclosed road noise and overgrown trees. Bank cannot have been happy – the sale closed for nearly $500,000 less than they "bought" it back for, but then neither was the previous owner who paid $2,900,000 in 2006. |
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For more information on Rancho Santa Fe short sales or foreclosures please feel free to get in touch and see how we can assist you with the many different aspect of the market in "The Ranch".
We must disclose: The information, including availability contained in this web site is updated daily from sources including Sandicor Inc, is believed reliable, but not guaranteed or warranted and subject to change without notice. **Square footage, dimensions, lot sizes, demographics, fees, availability and information on "linked" web sites have not been verified. Real estate listings may or may not be listed by Prudential California Realty. This information is provided for consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
» Posted by Peter
