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15390 Las Planideras, Rancho Santa Fe, California 92067, Rancho Santa Fe, 92067 - 4 bed, 5 bath

15390 Las Planideras, Rancho Santa Fe, California 92067 home-pic-0
ACTIVE$4,700,000
15390 Las Planideras, Rancho Santa Fe, California 92067
4Beds
5Baths
3,764Sqft
196,020Lot

Price Vs. Estimate

The estimated value ($4,700,000) is $0 (0%) lower than the list price ($4,700,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: 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.
Top Cons:
Reliance on Septic System: The property currently utilizes a septic system, which may be less desirable than a municipal sewer connection for some buyers in this luxury market, potentially implying higher maintenance or future conversion considerations.

Compared to the nearby listings

Price:$4.70M vs avg $5.04M ($-335,000)41%
Size:3,764 sqft vs avg 5,613.5 sqft16%
Price/sqft:$1.2K vs avg $96679%

More Insights

Built in 1969 (56 years old).
Condition: Built in 1969, this property features unique adobe architecture and appears structurally sound and well-maintained from the exterior. However, the interior, particularly the kitchen and bathrooms, is significantly outdated. The kitchen, while functional, has oak cabinets, speckled granite countertops, and a mirrored backsplash that likely date back 15-25 years, requiring substantial modernization for a luxury market. The visible bathroom (Image 8) is even more dated, with black tiled countertops, integrated sink, and black tiled shower walls, suggesting a renovation from 30-40+ years ago or original features. While the property is livable, the extent of renovation required to bring these key areas up to contemporary luxury standards is substantial, aligning with the 'Poor' category's description of needing 'substantial repairs and rehabilitation' for aesthetic and functional components, even if not structural.
Year Built
1969
Close
-
List price
$4.7M
Original List price
$5.29M
Price/Sqft
$1,249
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2504869
Home ConditionPoor
Features
Good View: Park/Greenbelt, Hills, Trees/Woods
Pool
Patio
ViewPark/Greenbelt, Hills, Trees/Woods

About this home

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.

Nearby schools

8/10
Solana Santa Fe Elementary School
Public,•K-6•1.7mi
10/10
Solana Vista Elementary School
Public,•K-3•1.9mi
10/10
R. Roger Rowe Elementary School
Public,•PK-5•2.1mi
8/10
Skyline Elementary School
Public,•K-6•2.5mi
6/10
Park Dale Lane Elementary School
Public,•K-6•3.9mi
9/10
Olivenhain Pioneer Elementary School
Public,•K-6•5.0mi
9/10
R. Roger Rowe Middle School
Public,•6-8•2.1mi
8/10
Earl Warren Middle School
Public,•7-8•2.4mi
10/10
Pacific Trails Middle
Public,•7-8•3.1mi
8/10
Diegueno Middle School
Public,•7-8•4.6mi
9/10
Torrey Pines High School
Public,•9-12•2.5mi
7/10
La Costa Canyon High School
Public,•9-12•5.7mi
Condition Rating
Poor
Built in 1969, this property features unique adobe architecture and appears structurally sound and well-maintained from the exterior. However, the interior, particularly the kitchen and bathrooms, is significantly outdated. The kitchen, while functional, has oak cabinets, speckled granite countertops, and a mirrored backsplash that likely date back 15-25 years, requiring substantial modernization for a luxury market. The visible bathroom (Image 8) is even more dated, with black tiled countertops, integrated sink, and black tiled shower walls, suggesting a renovation from 30-40+ years ago or original features. While the property is livable, the extent of renovation required to bring these key areas up to contemporary luxury standards is substantial, aligning with the 'Poor' category's description of needing 'substantial repairs and rehabilitation' for aesthetic and functional components, even if not structural.
Pros & Cons

Pros

High Available Lot Utilization: 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.
Great Schools: Elementary School: Solana Vista Elementary School (10/10). Middle School: Pacific Trails Middle (10/10). High School: Torrey Pines High School (9/10).
Prestigious Location & Expansive Acreage: Situated on Rancho Santa Fe's most coveted street within the highly desirable westerly portion of the covenant, offering a magnificent 4.5-acre lot with excellent frontage.
Exceptional Architectural Heritage: An 'Extraordinary Larry Weir Adobe' home, rich in charm and character, featuring authentic elements like thick adobe walls, rustic beams, Honduran Mahogany doors, and iron accents.
Unique & Non-Replicable Amenities: Includes a grandfathered-in lit-up sports court that cannot be duplicated under current building codes, and permits for horses, adding exclusive lifestyle value.
Superb Outdoor Living & Scenic Views: Features a commanding front courtyard with a pool, BBQ, and outdoor fireplace, designed for maximum sun exposure, complemented by peaceful views of park/greenbelt, hills, and trees.
Significant Estate Development Potential: The large, tranquil parcel presents a rare opportunity to expand or create a truly amazing estate property in a prime location.

Cons

Reliance on Septic System: The property currently utilizes a septic system, which may be less desirable than a municipal sewer connection for some buyers in this luxury market, potentially implying higher maintenance or future conversion considerations.
Age and Potential for Modernization: Built in 1969, while possessing unique character, the home may require substantial updates or renovations to align with contemporary luxury standards and maximize its potential as an 'amazing estate property'.
Recent Price Reduction: The property has undergone a significant price reduction from its original listing, which could suggest an initial overvaluation or a longer time on the market, potentially impacting buyer perception of value.

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