Set back from the world-class beaches in San Diego’s North County is the equestrian hamlet of Rancho Santa Fe, which allows easy access to the amenities of the greater San Diego area away from the crowded, often overdeveloped coastline. And when it is foggy along the nearby coast, homeowners in the area’s exclusive communities like Fairbanks Ranch—a 1,240-acre development with 24-hour security, a country club, and an equestrian center—are outside by their pools in the sunshine.
If space, privacy, and the ease of Southern California’s lifestyle sound appealing, then note the October 3, Platinum Luxury Auctions sale of the largest single lot in Fairbanks Ranch. While lots throughout the city average about 2 acres, this estate is 5 acres. The parcel was developed in 1998 and renovated in 2013 by its current owners, who built a 15,321-square-foot, 11-bedroom enclave, including three outbuildings. Despite its formal entry with dual spiral staircases and marble flooring, the main seven-bedroom residence surrounds the backyard pool and provides a more relaxed feel. Off the living room, a folding glass NanaWall retracts to reveal an extensive loggia installed with interior-quality finishes. The extension is outfitted with motorized shades and takes full advantage of indoor/outdoor San Diego living with an outdoor kitchen, a fireplace with wraparound seating, and a spacious dining area. Beyond the pool, there is a tennis court, a six-car garage, 30 fruit trees, and 3 acres of drought-resistant landscaping, as well as a private quarter-mile walking trail meandering through a backyard rose garden that rivals the one in Balboa Park.
Even with a private elevator to their master suite (equipped with a spa-like bathroom and his and her alder-wood closets), the owners wish to downsize to a single-story place. They originally listed the home at $10.5 million and will start the bidding next week at $5 million. (platinumluxuryauctions.com)