Rancho Santa Fe is undoubtedly one of the most exclusive areas in Southern California as well as the state. When you mention this town to anyone who knows the area, the number one comment is how unbelievable it is. With its grand estates on perfectly landscaped lots, this chic area is one in which people aspire to live. This primarily residential community, commonly referred to as “The Ranch,” has a population of slightly over 3,100 people. The idyllic character of the community is very evident with its winding roads, rolling hills, eucalyptus trees and massive green space.
Residential Highlights of The Ranch
A surprising site in Rancho Santa Fe is that, although this is a very small community, there are more than a few neighborhoods, most of which are gated. Each consists of an enclave of estates with beautifully landscaped lawns. The architecture throughout the area has a Spanish feel to the design and features within each home.
In terms of neighborhoods, no one neighborhood sticks out as the most exclusive in The Ranch. The homes are impressive and, for the most part, priced well over the million dollar mark. The views from the homes are spectacular and feature ocean views as well as rolling hills, green pastures and lots of trees.
Most home prices in each neighborhood are priced from just over $1 million. At the other end of the spectrum, the prices vary. Most are priced to about $6 million to $7 million in neighborhoods like Cielo, The Farms, and River Estates. Others feature homes priced even higher as in The Groves where homes top $10 million and The Covenant where they top $20 million.
Even though most of the neighborhoods feature single family homes, there are some condominiums and townhome communities scattered throughout the area. Las Casitas, situated within The Covenant, features homes priced from $1 million while the Villas at Morgan Run start in the upper-$500s. Other communities like Whispering Palms and those within Rancho Santa Fe Village are priced similarly.
Rancho Santa Fe real estate is one of the most exclusive areas in the country. The numbers confirm this fact. The average sale price of a single family home is $2.8 million and just over $700K for a condominium or townhome. Surprisingly, with the high price tags and limited market of potential buyers, homes sell fairly quickly with single family homes selling in less than six months and condominiums within two months.
A Secluded Paradise
For those wanting privacy and luxury, living in Rancho Santa Fe is the place to be. This beautiful town in a rural setting features some of the most magnificent homes of which many only dream. For the upper echelon, Rancho Santa Fe is a well sought after area in Southern California. It is no wonder, celebrities and major sports figures settle here.