
Rancho Santa Fe, California 92067
This Value-Add Estate Opportunity is listed at $4,700,000, representing a stable entry point at its $4,700,000 Fair Market Value. Set on a premier 4.5-acre lot within the Rancho Santa Fe Covenant, this Larry Weir Adobe carries a Fair Condition Rating, offering immense potential for forced appreciation through modernization. Key assets include a grandfathered sports court, equestrian facilities, and access to top-tier schools including Solana Vista Elementary and Pacific Trails Middle. This short-sale acquisition is a high-upside project for Luxury Developers or Owner-Occupants seeking a bespoke renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15390 Las Planideras Subject | $4,700,000* List Price | 4 | 5 | 3,764 | $1,249 | - |
A 5443 Calzada Del Bosque Active | $5,090,000 List Price | 4 | 4 | 3,774 | $1,349 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1969, this property retains its original rustic adobe charm but shows significant signs of age and outdated styling. The kitchen features dated oak cabinetry, speckled granite countertops, and older appliances (though the fridge appears newer). Bathrooms are a mix, with some elements like vessel sinks and glass showers possibly updated, but others, such as the black tiled bathroom, are very dated. Flooring includes dark wood, hexagonal terracotta tiles, and worn carpet. While the property appears well-maintained and functional, it requires substantial modernization and aesthetic updates to meet contemporary standards, aligning with the 'Fair' category's description of being aged, maintained, but outdated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 196020, living area = 3764.
Elementary School: Solana Vista Elementary School (10/10). Middle School: Pacific Trails Middle (10/10). High School: Torrey Pines High School (9/10).
An extraordinary Larry Weir Adobe, the property is overflowing with authentic charm and character, featuring thick adobe walls, arched windows, Honduran Mahogany doors, and iron accents.
The property is subject to short sale approval by lenders, which can lead to a more complex, uncertain, and potentially lengthy transaction process.
The property utilizes a septic system, which may require specific maintenance and could be perceived as less convenient or desirable compared to a municipal sewer connection.
Built in 1969, while rich in character, the property may require significant modernization or updates to meet contemporary luxury standards and buyer preferences, implying further investment.
Extraordinary Larry Weir Adobe featuring 4 BRs and 4.5 BAs is overflowing with charm and character and is positioned on a magnificent 4.5 acre lot located on Rancho Santa Fe's most coveted street. The impressive 10-foot entry doors open to a beautiful hexagonal living room with rustic beams, a massive fireplace, and huge windows facing the beautiful views. Thick adobe walls, arched windows, Honduran Mahogony doors, and iron accents throughout are a few of the many authentic features. The commanding front courtyard has a pool, BBQ and outdoor fireplace and is positioned to best capture maximum amounts of sunshine. This is a rare and remarkable opportunity to create an amazing estate property. This peaceful and tranquil parcel is located in the highly desirable westerly portion of the covenant, with fabulous frontage along Las Planideras and a grand-fathered in U-shaped driveway. The westerly portion of the lot slopes down gently and is bordered by the Bridal Trail, while the southern portion of the lot has a lit-up sports court that is not able to be duplicated due to today's building codes in the Covenant. The property also allows for 2 horses (one can apply for a permit to potentially allow for 2 more), natural gas is in the street and it's on septic. This is a truly unique property offering endless opportunities in an incredibly desirable location. Subject to short sale approval by lenders.
No exterior & parking available.
Grades K-6 • 1.7 mi
Grades K-3 • 1.9 mi
Grades PK-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 5.0 | 41% |
| Baths | 5.0 | 6.0 | 47% |
| Square foot | 3,764 | 5,427 | 22% |
| Lot Size | 196,020 | 56,628 | 91% |
| Price | $4.70M | $4.85M | 47% |
| Price per sq ft | $1.2K | $952 | 76% |
| Built year | 1969 | 1991 | 16% |
| HOA | $0 | $650 | 18% |
| Days on market | 341 | 193 | 91% |
Oct 27, 2025
$4,700,000
Initial Listing
May 16, 2025
$5,288,000
Initial Listing