16722 Via Lago Azul, Rancho Santa Fe, California 92067, Rancho Santa Fe, 92067 - 3 bed, 3 bath

16722 Via Lago Azul, Rancho Santa Fe, California 92067 home-pic-0
ACTIVE$3,799,000
16722 Via Lago Azul, Rancho Santa Fe, California 92067
3Beds
3Baths
3,427Sqft
48,351Lot

Price Vs. Estimate

The estimated value ($3,644,181.87) is $154,818.13 (4%) lower than the list price ($3,799,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prestigious Location & Community: Located in Fairbanks Ranch, Rancho Santa Fe, a highly secure, gated community known for its exclusivity, armed guards, patrol cars, and resident amenities like tennis and pickleball courts.
Top Cons:
High Association Fees: The monthly association fee of $655 is substantial and adds a significant ongoing cost to homeownership.

Compared to the nearby listings

Price:$3.80M vs avg $5.04M ($-1,236,000)21%
Size:3,427 sqft vs avg 5,613.5 sqft10%
Price/sqft:$1.1K vs avg $96668%

More Insights

Built in 1989 (36 years old).
Condition: Despite being built in 1989, the property has undergone extensive 'contemporary luxury upgrades' as stated in the description. The kitchen, in particular, showcases a recent high-end renovation with modern white shaker cabinets, premium stone countertops, top-tier stainless steel appliances (including a panel-ready refrigerator and professional range), and recessed lighting, appearing virtually new. While bathrooms are not pictured, the description implies similar upgrades. The flooring throughout (hardwood, light wood plank, Saltillo tile) and overall presentation suggest a property that has been meticulously maintained and significantly updated to current quality standards, with no visible deferred maintenance.
Year Built
1989
Close
-
List price
$3.8M
Original List price
$3.8M
Price/Sqft
$1,109
HOA
$655
Days on market
-
Sold On
-
MLS number
250039616SD
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

Rarely available Lilian Rice architecture home in Fairbanks Ranch, Rancho Santa Fe! Private and quiet charming hacienda sitting on the over an acre backs to open space preserve with beautiful tranquil views. The Spanish style main house has 2 bedrooms and 2 full bathrooms with lot of contemporary luxury upgrades, spacious living spaces, grand timber beams ceilings, Saltillo tiles, hardwood floors, Kiva fireplaces, gourmet kitchen. The huge Casita has grand living space, full bathroom and closet, only steps away attached to the main house. Both main house and Casita has an abundance of windows and sliding doors providing beautiful views of surrounding front garden and backyard. Fairbanks Ranch is one of the safest gated communities, armed guards at the gates, patrol cars running all days long, tennis and pickle ball courts free for all residents.

Condition Rating
Excellent

Despite being built in 1989, the property has undergone extensive 'contemporary luxury upgrades' as stated in the description. The kitchen, in particular, showcases a recent high-end renovation with modern white shaker cabinets, premium stone countertops, top-tier stainless steel appliances (including a panel-ready refrigerator and professional range), and recessed lighting, appearing virtually new. While bathrooms are not pictured, the description implies similar upgrades. The flooring throughout (hardwood, light wood plank, Saltillo tile) and overall presentation suggest a property that has been meticulously maintained and significantly updated to current quality standards, with no visible deferred maintenance.
Pros & Cons

Pros

Prestigious Location & Community: Located in Fairbanks Ranch, Rancho Santa Fe, a highly secure, gated community known for its exclusivity, armed guards, patrol cars, and resident amenities like tennis and pickleball courts.
Unique Architectural Heritage: A rarely available Lilian Rice architectural home, featuring charming Spanish hacienda style with grand timber beam ceilings and Kiva fireplaces, offering significant aesthetic and historical value.
Expansive & Private Lot with Views: Situated on over an acre, the property backs to an open space preserve, ensuring privacy, tranquility, and beautiful, unobstructed views.
Luxury Upgrades & Features: The home boasts contemporary luxury upgrades, including a gourmet kitchen, Saltillo tiles, and hardwood floors, blending modern comfort with classic Spanish charm.
Versatile Casita/Guest House: A huge, attached casita with a full bathroom and closet provides significant additional living space, ideal for guests, a home office, or multi-generational living.

Cons

High Association Fees: The monthly association fee of $655 is substantial and adds a significant ongoing cost to homeownership.
Limited Main House Bedrooms: The main house offers only 2 bedrooms, which may be a constraint for larger families or those requiring more dedicated sleeping quarters, despite the presence of a casita.
Property Age: Built in 1989, the property is over 30 years old. While it features contemporary upgrades, the age of the core structure may lead to future maintenance considerations for systems not recently updated.

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