Rancho Santa Fe is an isolated, picturesque, and affluent community in San Diego’s North County. Perched atop undulating hills covered in eucalyptus, this area offers the perfect blend of countryside living and luxury. Today, Rancho Santa Fe real estate is one of the most sought-after in the United States, and for a good reason. The city enjoys everything you could wish for, ranging from good weather, and breathtaking views to some popular attractions, a thriving culinary scene, and more. If you want to buy a home in Rancho Santa Fe, here is what you should know about this community.
The Community
While Rancho Santa Fe is considered a small village by most standards, it is one of the wealthiest in the country. Renowned female architect Lilian J. Rice designed this community in the 1920s, and the mansions built there are today known as “The Covenant.”
However, today’s Rancho Santa Fe is far larger than the initial settlement and is a very close-knit community. Unknown to many, Rancho Santa Fe was declared a State Historic Landmark because of its origins as a planned community.
Shopping and Dining in The Village
The Village is a shopping and dining attraction that caters to all tastes. You will find everything, including award-winning restaurants, boutiques, and art galleries. There are also plenty of department stores, such as Neiman Marcus, and Saks Off 5th, and well-known retailers like Louis Vuitton, Cartier, and Hermes.
Nick & G’s Restaurant and the adjoining Pamplemousse Grille are two of the best places to eat. Whether you want sushi, Italian cuisine, or seafood, The Village has many options.
Classic Estates and Modern Mansions
Rancho Santa Fe homes have a distinct architectural style that borrows huge inspiration from Spanish Colonial architecture. Most of these traditional mansions are constructed of brick or stone and have arched entryways, wrought-iron features, and red-tiled roofs.
Several modern mansions developed in recent years stand out with their clean, contemporary design. Furthermore, you will find homes with large yards and many lavish amenities. This town is frequently commended for its unique blend of natural and man-made elements.
The Cost of Living in Rancho Santa Fe
Rancho Santa Fe is one of the most costly and exclusive coastal communities. Housing is the most expensive aspect of living here, costing more than 8× the national average and 4× the California average.
The average home price in the area, according to Rancho Santa Fe CA real estate experts The Guiltinan Group, is $2 million, with less than 10% of all properties selling for less than $1 million. Rents are likewise pricey, although just 20% of Rancho Santa Fe residents prefer to rent rather than buy.
Besides housing, the cost of living in Rancho Santa Fe is the same as that of San Diego County. However, you should expect to spend more on transportation and groceries here than in most parts of the country. Local and property taxes are also high, so consider them before relocating.
Find Homes for Sale in Rancho Santa Fe, CA, with Hallie Guiltinan
Investing in the luxury real estate market of Rancho Santa Fe requires partnering with somebody you trust who is both a qualified realtor and a local specialist. Hallie Guiltinan can lend her local expertise and will be delighted to share her in-depth understanding of the Rancho Santa Fe real estate market. Hallie has access to a wide range of listings, ranging from luxury homes and estates to single-family homes, and more. Arrange an appointment today to begin your home search.