Reasonably Priced Real Estate in Rancho Santa Fe: Rancho Del Rio
Although properties in Rancho Santa Fe are among the most expensive in the country, Rancho Del Rio is a community within the neighborhood where the homes are relatively affordable. With the average home being listed anywhere from $1.4 million to $2.1 million, these properties really are more reasonable in the grand scheme of things.
Keeping in mind that many properties within the same zip code sell for over $20 million, $1.4 million is a drop in the bucket! If you can find a home listed in the Rancho Del Rio you might want to take a tour as these properties will not stay as reasonably priced as they currently are.
Rancho Del Rio properties are quite large considering the location and the prices for which they are selling. According to Forbes in America’s Most Expensive Zip Codes 2010, Rancho Santa Fe is number 13 out of 43,000 zip codes in the nation. When presented with the opportunity to grab up 1 to 5+ acres, the typical lot sizes in Rancho Del Rio, it would be worth your time and effort to check it out.
One of the reasons why these homes are priced a bit lower is because they are considered to be older homes. Many of the homes were built in the 1960’s but construction continued through the 1980’s. This area is home to families with school age children who attend local schools such as Solana Santa Fe Elementary and Earl Warren Middle School.
Horses are allowed, per county ordinance, and many of the homes have stables which further augments the value. Rancho Del Rio is not gated however which makes it one of the few communities in Rancho Santa Fe that doesn’t have either a gate or a guarded-gate security entrance. Even so, the relatively low prices of the properties might just be worth sacrificing a gate.