Our Rancho Santa Fe California real estate spotlights an affluent town near San Diego.
Rancho Santa Fe California Real Estate History
In 1906, the Santa Fe Railway bought the land to plant eucalyptus trees to produce railroad ties. But, the wood was too soft for railroad spikes. So, the railroad developed 6,100 acres as a planned community called “Rancho Santa Fe” in 1922.
Designed by Lilian Rice, one of the first female architects in California, who first built a 12-room house in 1922. It later became the Inn at Rancho Santa Fe. Famous Hollywood stars gathered at the Inn including Errol Lynn, Bing Crosby, and Bette Davis during the 1930s and 1940s.
In 1924, Douglas Fairbanks and Mary Pickford purchased 800 acres in Rancho Santa Fe as an investment.
Rancho Santa Fe California Facts
The town covers 6.8 square miles. ?
The Niche site claims these facts:
- Overall Niche Grade = A;
- Public Schools = A+;
- Good for Families = A+; and
- Diversity = B.
?Niche also states that Rancho Santa Fe as one of the “best places to live in California”.?
Famous current and former residents include:
Bing Crosby, singer, and actor;
Jenny Craig, founder of Jenny Craig Inc. the weight loss guru;
Howard Hughes, aviator, inventor, filmmaker, and billionaire;
Mike Love, Beach Boys songwriter, and singer;
Lilian Jennette Rice, the architect who designed the Rancho Santa Fe Inn and Civic Center and many historic homes in the area;
Victor Mature, movie and television actor; and
The Covenant of Rancho Santa Fe
The Covenant of Rancho Santa Fe considered as a very exclusive, desired, and beautiful rural community in America.
In 1928, built as a “country residential community emphasizing agriculture and preservation of rural landscapes”. Source
Commonly known as the “Covenant” because every property owner agrees to maintain and preserve the character of its community. This includes maintaining high-quality landscaping and future architecture.
Covering 10 square miles (6,730 acres) where 4,300 residents enjoy its unique rural landscapes. Its center features the 50-acre Village of Rancho Santa Fe containing restaurants, shops, and the historic Rancho Santa Fe Inn.
Since 1929, the Rancho Santa Fe Golf Club nestles in the Covenant’s heart. Designed by Max Behr, the par 72 private course exclusively for its members and guests. Bing Crosby sponsored many golf tournaments in the 1930s.
The Covenant boasts beautiful rolling landscapes with large lot residential homes (minimum of 2 acres). A private equestrian along with hiking trails run throughout the Covenant.
Also, the closeness to the ocean along with its secure, exclusive, rural community character sets the Covenant apart from most exclusive communities.
Security: A private security patrol force working 24/7 along with the California Highway Patrol and the San Diego County Sheriff’s Department provides sufficient security for the community.
Rancho Santa Fe Real Estate Market in 2019
- Median Home Value Estimate = $2,593,200; and
- Home Value Forecast = increase by 0.7%.?
- Median List Price = $3,090.000;
- Median List Price per Square Foot = $553;
- Sale/List Price = 95.78%; and
- Median Monthly Rent = $10,500.
- Median Sales Price = $1,950,000; and
- Median Sales Price per Square Foot = $511.
During July of 2019, Trulia shows these sales prices:
Home Size??????????????????????????? Average Sales Price
2 Bedrooms?????????????????????????? $1,028,500
3 Bedrooms?????????????????????????? $1,643,350
4 Bedrooms ????????????????????????? $2,242,910
The Niche website shows these prices for 2019:
- Median Home Value = $2,000,001; and
- Median Monthly Rent = $1,944
?Confused by the differences between the four real estate market prices above?
Rancho Santa Fe Things To Do
Tennis at Rancho Valencia rated 5 Stars (out of 5) for their tennis classes.
Rancho Santa Fe Art Gallery rated 5 Stars as a museum and an art gallery.
Rancho Santa Fe Golf Course rated 5 Stars for its beautiful golf course and clubhouse. ?
The Spa at The Inn rated 5 Stars for their luxurious spa facilities inside the beautiful historic Inn.
Skin in The Ranch rated 5 Stars for their facials by the owner with 16 years’ experience as a HydraFacial specialist.
Trip Advisor recommends these as the best restaurants in Rancho Santa Fe:
Thyme in the Ranch earned 4.5 Stars from 145 reviews for their American style food and desserts.
Mille Fleurs Incorporated rated 4.5 Stars from 207 reviews for their French cuisine.
The Pony Room got 4.5 Stars from 97 reviews for their international foods where their Mahdi Tacos got great reviews.
Veladora earned 4.5 Stars from 126 reviews for their Italian cuisine especially their Scallops and the Uni Risotto.
Rancho Santa Fe Bistro received 4 Stars from 69 reviews for their California food.
Morada earning 4 Stars from 111 reviews. Their Salmon BLT earned praises.
Dolce receiving 4 Stars from 64 reviews as a wine bar pairing American food and desserts with wines. Much praise for their Brad Pudding with Bourbon Sauce.
Leucadia Pizzeria got 4 Stars from 37 reviews for their variety of “great” pizzas.
Caffe Positano rated 4.5 Stars from 12 reviews for their morning coffee and pastries.
Nick & G’s earned 3.5 Stars from 22 reviews for their large portions of Italian food.
The Niche site claims that Rancho Santa Fe contains the “Best Schools in California” by ranking it #1 out of 822 schools.
Niche also rates Rancho Santa Fe as the “Suburb with the Best Schools in California” by ranking it #1 out of 526 schools.
Niche rates the following schools in or near Rancho Santa Fe:
Canyon Crest Academy earns an A+ teaching grades 9-12 and the 2nd best high school in California with around 2,400 students and a Student-Teacher ratio of 26:1.
Torrey Pines High School also earned an A+ teaching grades 9-12 with around 2,570 students and a Student-Teacher Ratio of 25:1.
The Great Schools Organization rates the following school as the best:
R. Roger Rowe School teaching elementary and middle schools grades located in the heart of the Covenant both schools got a?9 (out of 10) rating. Teaching grades K-8 with 640 students. Also earned an A+ from Niche. Completely rebuilt in 2010 featuring:
- State of the art facilities;
- Classroom labs; and a
- Performing arts center.
This Rancho Santa Fe California real estate spotlight features an affluent town and community with history and famous current and past residents.
Niche rates Rancho Santa Fe one of the “best places to live in California”.
The Covenant of Rancho Santa Fe considered amongst the most beautiful communities in the country.
Rancho Santa Fe real estate market in 2019 offers homes for at least $1 million.
Top-ranked schools provide a quality education for the Rancho Santa Fe children.
Plenty of 4.5 Star and 4 Star restaurants in the vicinity.
Things to do include golf, tennis, spas, and art galleries.
Contact Us to find out more about this exclusive community and available homes for sale.
Steven Rich, MBA – Guest Blogger
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