16724 La Gracia
Rancho Santa Fe, CA 92067
- – beds
- – baths
- – sqft
- ~2 acre lot
- 1976 build
- – on site
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Rsidential/Commercial/Investment opportunity in the heart of Rancho Santa Fe. The Inn at Rancho Santa Fe is selling the pod known as The Grove on the southwest edge of the property along La Gracia. Parcel currently consists of 2 buildings representing 3 dwelling units historically known as Heather, Yucca, and (attached guest house) Small Yucca. Homes are currently rented and generate approx. 14K monthly. Lot size 1.88 acres. Lot is in RSF Assoc. Class C zone allowing for a total of 3 dwelling units. JUST A FEW OPTIONS FOR THE BUYER OF THIS PROPERTY: 1) Hold all three units as is and collect over 150K in annual rental income. 2) Rehab and live in Heather, demolish Yucca and build two new homes for sale or rent. 3) Rehab Heather, demolish Yucca, build two new homes and sell or rent all three. Owners will have access to Inn amenities. Don't feel like cooking? Call room service for dinner. No time to straighten the living room or change the sheets? Call housekeeping. Walk to Village restaurants and stores. Stop in for a drink at the hotel bar on your way home or stroll into Morada for an incredible dinner. Neighborhoods: Covenant Other Fees: 0 Number of Furnished Units: 0
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Last updated Apr 7, 2024
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MLS# 170039860 —
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Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/14/17
Aug 14, 2017
|
Sold | CRMLS_CA | $4,500,000 |