16574 Zumaque, Rancho Santa Fe, California 92067, Rancho Santa Fe, 92067 - 5 bed, 4 bath

16574 Zumaque, Rancho Santa Fe, California 92067 home-pic-0
ACTIVE$3,250,000
16574 Zumaque, Rancho Santa Fe, California 92067
5Beds
4Baths
2,965Sqft
Lot

Price Vs. Estimate

The estimated value ($3,176,615.31) is $73,384.69 (2%) lower than the list price ($3,250,000). This property may be overpriced.

Key pros and cons

Top Pros:
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).
Top Cons:
Original Condition of Home: The 1966 ranch-style home is in its original condition, requiring significant renovation or a complete rebuild to meet modern luxury standards and buyer expectations.

Compared to the nearby listings

Price:$3.25M vs avg $5.04M ($-1,785,000)9%
Size:2,965 sqft vs avg 5,613.5 sqft10%
Price/sqft:$1.1K vs avg $96667%

More Insights

Built in 1966 (59 years old).
Condition: The property, built in 1966, is explicitly stated to be in its 'original condition' and requires 'significant renovation or a complete rebuild.' The listing focuses on the expansive land, panoramic views, and the submitted architectural plans for a new vision, rather than the existing structure. The absence of interior photos and the visible neglected pool in aerial shots further indicate that the current house is not considered a primary asset and its value is based on the land and redevelopment potential, aligning with the 'tear-down' criteria.
Year Built
1966
Close
-
List price
$3.25M
Original List price
$3.25M
Price/Sqft
$1,096
HOA
$1,500
Days on market
-
Sold On
-
MLS number
250035974SD
Home ConditionTear down
Features
Excellent View: Panoramic, Creek/Stream
Pool
Patio
ViewPanoramic, Creek/Stream

About this home

Variance granted for lot/land. LISTEN TO THE SILENCE! ABSORB THE VIEWS!!Discover an unparalleled opportunity to own a timeless treasure in Rancho Santa Fe. This exquisite property, set in the prestigious Covenant of Rancho Santa Fe, offers 6.11AC of picturesque landscape & breath-taking views! Featuring a single-level, original ranch-style home w 5BD & 3.5BA. A 1966 original w classic charm & character, provides a peaceful, secluded sanctuary w south west breathtaking panoramic views. Plans have been completed and submitted. The property is well-positioned to offer the best of both worlds—serene country living & just moments away from the vibrant amenities of RSF. The RSF Covenant grants exclusive access to 60 miles of scenic walking/ running trails, the esteemed Roger Rowe Schools, + 24/7 security, ensuring both luxury and peace of mind. This home, in its original condition, invites the next owner to transform it into a personalized haven. Architectural and grading plans have already been paid for and submitted, paving the way for your vision. Seize this rare chance to create your dream sanctuary in one of the most sought-after communities.

Nearby schools

8/10
Solana Santa Fe Elementary School
Public,K-61.3mi
10/10
R. Roger Rowe Elementary School
Public,PK-51.7mi
10/10
Solana Vista Elementary School
Public,K-34.2mi
6/10
Park Dale Lane Elementary School
Public,K-64.3mi
9/10
Olivenhain Pioneer Elementary School
Public,K-64.7mi
8/10
Skyline Elementary School
Public,K-65.0mi
9/10
R. Roger Rowe Middle School
Public,6-81.7mi
10/10
Pacific Trails Middle
Public,7-83.8mi
8/10
Diegueno Middle School
Public,7-84.7mi
8/10
Earl Warren Middle School
Public,7-84.9mi
9/10
Torrey Pines High School
Public,9-124.7mi
7/10
La Costa Canyon High School
Public,9-125.3mi
Condition Rating
Tear down

The property, built in 1966, is explicitly stated to be in its 'original condition' and requires 'significant renovation or a complete rebuild.' The listing focuses on the expansive land, panoramic views, and the submitted architectural plans for a new vision, rather than the existing structure. The absence of interior photos and the visible neglected pool in aerial shots further indicate that the current house is not considered a primary asset and its value is based on the land and redevelopment potential, aligning with the 'tear-down' criteria.
Pros & Cons

Pros

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 & Community: Located in the exclusive Covenant of Rancho Santa Fe, offering serene country living, proximity to amenities, and 24/7 security, ensuring a luxurious and peaceful lifestyle.
Expansive Land & Development Potential: A generous 6.11-acre lot with a variance granted for lot/land, providing significant space and flexibility for future development or expansion.
Breathtaking Panoramic Views: Features stunning south-west panoramic views, offering a picturesque backdrop and enhancing the property's aesthetic appeal and value.
Pre-Approved Architectural Plans: Architectural and grading plans have been completed, paid for, and submitted, significantly streamlining the process for future customization or new construction.
Access to Elite Amenities & Schools: Exclusive access to 60 miles of scenic trails and the highly-rated Roger Rowe Schools within the Covenant, adding significant value for families.

Cons

Original Condition of Home: The 1966 ranch-style home is in its original condition, requiring significant renovation or a complete rebuild to meet modern luxury standards and buyer expectations.
Substantial Additional Investment Required: Buyers should anticipate considerable financial investment beyond the purchase price for necessary renovations or new construction to fully realize the property's potential.
High Association Fees: The property is subject to a significant association fee of $1500.0 (likely monthly), which adds to the ongoing cost of ownership.

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