Home of the Day: Sprawling estate in Fairbanks Ranch to be auctioned
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Set on slightly more than five acres, this Mediterranean-style home is among the largest estates in Fairbanks Ranch, the guard-gated community in Rancho Santa Fe named for silver screen icon Douglas Fairbanks.
The sprawling estate, to be auctioned on Oct. 3, includes a seven-bedroom main house, a two-story guest house, an artist studio and renovated staff quarters. Organic fruit trees, a formal rose garden, a quarter-mile walking trail, a tennis court and a saltwater pool and spa make up the grounds.
Address: 16603 Avenida Molino Viejo, Rancho Santa Fe, 92067
Auction reserve price: $5 million
Built: 1998
House size: 11 bedrooms, 13 bathrooms, 15,321 square feet
Lot size: 5.01 acres
Features: Two-story entry, master suite with private elevator, remodeled kitchen, theater room, cherry wood-paneled office, seven-bedroom main house, artist’s studio, two-bedroom guest house, staff quarters, walking trail, organic fruit and vegetable gardens, formal rose garden, swimming pool and spa
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About the area: The median sale price for single-family homes in the 92067 ZIP Code in July was $3.050 million based on 15 sales, according to CoreLogic. That was a 37.5% increase in median price compared to the previous year.
Agents: K. Ann Brizolis & Associates, Pacific Sotheby’s International Realty, and Platinum Luxury Auctions
To submit a candidate for Home of the Day, send high-resolution color photos via Dropbox.com, permission from the photographer to publish the images and a description of the house to [email protected].
Twitter: @NJLeitereg
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