$10,850,000
SOLD DEC 12, 2017

16568 La Gracia Rancho Santa Fe, CA 92067

7 Beds
7 Baths
8,251 Sq Ft
2.18 Acres

Recently Sold

$1,315 Per Sq Ft

6% Below List Price

40 Days on Market

Highlights

  • Heated In Ground Pool
  • Panoramic View
  • Maid or Guest Quarters
  • R. Roger Rowe Elementary School Rated A
  • 2.18 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of January 2021

Striking transitional contemporary masterpiece combines Spanish architecture with sleek modern finishes. Located in the heart of Rancho Santa Fe, this single level 2017 built estate boasts unobstructed southerly views and exudes extreme privacy, high tech and high style. With all of its scale and grandeur, the home remains warm, and inviting for intimate family life yet poised for large-scale entertaining. This property is truly the pinnacle of splendor and luxury. Striking transitional contemporary masterpiece combines Spanish architecture with sleek modern finishes. Located in the heart of Rancho Santa Fe’s Covenant, this single level estate sits on just over two acres of land and claims one of the most spectacular homesites with unobstructed southerly views. Just completed in 2017 with discriminating vision, this home exudes extreme privacy, high tech and high style. Luxurious living and sophisticated finishes were custom designed by John Jensen and built by Greg Agee homes. A main drive gate opens to an expansive motor court leading to the main residence and eight car garage. Behind the wooden gates find floating stepping stones over the courtyard’s reflection pool spanning along the dramatic glass wall entry. Unforgettable 10ft pivot door opens to soaring 23ft ceilings with rustic timbers beams and a stunning great room. The open floor plan seamlessly blends indoor and outdoor living with 40ft automated pocketing doors escorting you out to the oversized covered patio. Bespoke details include a vanishing edge pool and spa with cantilevered deck, lavish guest suite, chef’s kitchen with adjacent prep kitchen, spa-like master bathroom, in addition to multiple cozy fireplaces as well as "smart house" capabilities. With all of its scale and grandeur, the home remains warm, and inviting, making it a unique retreat for intimate family life yet poised for large-scale entertaining. This property is truly the pinnacle of splendor and luxury.. Neighborhoods: Covenant ...

Last Agent to Sell the Property

Megan Luce

Pacific Sotheby's Int'l Realty License #01299167 Listed on: 10/29/2017

Pacific Sotheby's Int'l Realty

Co-Listed By

Kelly Dinnsen

Pacific Sotheby's Int'l Realty License #01504073

Last Buyer's Agent

Brian Devincenzi

Windermere S. V. P. License #01229611

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $123,355

Year Built

  • Built in 2017

Lot Details

  • 2.18 Acre Lot
  • Property is zoned R-1:SINGLE

Parking

  • 8 Open Parking Spaces
  • 6 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Contemporary Architecture
  • Stone Siding
  • Stucco

Interior Spaces

  • 8,251 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Panoramic Views
  • Basement

Kitchen

  • Eat-In Kitchen
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Propane Dryer Hookup

Pool

  • Heated In Ground Pool
  • Pool Heated With Propane

Outdoor Features

  • Covered Patio or Porch
  • Fireplace in Patio
  • Outdoor Fireplace
  • Fire Pit

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 2681305100

Home Details

Home Type

Single Family

Est. Annual Taxes

$123,355

Year Built

Built in 2017

Lot Details

0

Parking

6

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Covenant
  • View: Yes
  • Zoning: R-1:SINGLE
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2681305100
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 8251.00
  • Stories: 1
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Eating Area: Area, Dining Room
  • Fireplace Features: Living Room, Master Bedroom, Patio, Fire Pit, Gas, Gas Starter, Master Retreat, Outside
  • Levels: One
  • Price Per Square Foot: 1314.99
  • Room Type: Basement, Main Floor Bedroom, Bonus Room, Great Room, Guest/Maid's Quarters

Exterior Features

  • Patio: Yes
  • View: Panoramic
  • Patio And Porch Features: Covered, Slab, Stone
  • Pool Features: Heated, In Ground, Heated with Propane
  • Pool Private: No
  • Construction Materials: Stone, Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range Hood
  • Heating Type: Propane, Forced Air
  • Laundry Features: Electric Dryer Hookup, Propane Dryer Hookup, Individual Room
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 94960.00
  • Lot Size Acres: 2.1800

Multi Family

  • Lot Size Area: 94960.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2020
Closed on
Feb 25, 2021
Sold by
Kilkenny Patrick J
Bought by
Kilkenny Patrick J and Kilkenny Patrick J
Seller's Agent
Mark Caspersen
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$11,495,000
Sold Price
$10,850,000
Premium/Discount to List
-$645,000
-5.61%
Current Estimated Value
$10,604,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$245,275
Avg. Annual Appreciation
-2.33%
Original Mortgage
$5,967,500
Outstanding Balance
$5,355,990
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$4,377,086

Purchase Details

Listed on
Aug 18, 2020
Closed on
Jan 11, 2021
Sold by
Kilkenny Stephanie
Bought by
Kilkenny Patrick J
Seller's Agent
Mark Caspersen
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$11,495,000
Sold Price
$10,850,000
Premium/Discount to List
-$645,000
-5.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,967,500
Outstanding Balance
$5,355,990
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$4,377,086

Purchase Details

Listed on
Aug 18, 2020
Closed on
Jan 6, 2021
Sold by
Stanchfield Darin and Stanchfield Lacy
Bought by
Kilkenny Patrick J
Seller's Agent
Mark Caspersen
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$11,495,000
Sold Price
$10,850,000
Premium/Discount to List
-$645,000
-5.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,967,500
Outstanding Balance
$5,355,990
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$4,377,086

Purchase Details

Listed on
Oct 29, 2017
Closed on
Dec 8, 2017
Sold by
Covenant Rjc Llc
Bought by
Hugg John M
Seller's Agent
Megan Luce
Pacific Sotheby's Int'l Realty
Buyer's Agent
Brian Devincenzi
Windermere S. V. P.
List Price
$11,500,000
Sold Price
$10,850,000
Premium/Discount to List
-$650,000
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 13, 2017
Sold by
La Gracia Property One Llc
Bought by
Covenant Rjc Llc
Seller's Agent
Kevin Dalzell
Compass
Buyer's Agent
Rafael Vargas
Tri-City Real Estate
List Price
$10,600,000
Sold Price
$10,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%

Purchase Details

Closed on
Apr 30, 2015
Sold by
Sky La Gracia Llc
Bought by
La Gracia Property One Llc

Purchase Details

Closed on
Oct 2, 2014
Sold by
La Garcia Development Llc
Bought by
Sky La Gracia Llc

Purchase Details

Closed on
Aug 5, 2009
Sold by
Poage James R
Bought by
La Gracia Development Llc

Purchase Details

Closed on
Aug 22, 2007
Sold by
Poage Gina G
Bought by
Poage James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2007
Sold by
Farrah Ann L
Bought by
Poage James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2004
Sold by
Farrah Ann L
Bought by
Farrah Ann L

Purchase Details

Closed on
Apr 7, 2003
Sold by
Mercer William J and Mercer Nikki J
Bought by
Farrah Ann L

Purchase Details

Closed on
Feb 21, 2001
Sold by
Mercer William J and Mercer Nikki J
Bought by
Mercer William J and Mercer Nikki J

Purchase Details

Closed on
Jul 22, 1997
Sold by
Bolin John R and Bolin Virginia M
Bought by
Mercer William J and Mercer Nikki J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Interest Rate
6.5%

Purchase Details

Closed on
Mar 11, 1988
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Ticor Title Co
Interfamily Deed Transfer -- First American Title Company
Grant Deed $10,850,000 First American Title Company
Grant Deed $10,850,000 Fidelity National Title
Grant Deed $10,600,000 Fidelity National Title Co
Grant Deed $2,800,000 Fidelity National Title Co
Grant Deed $1,040,000 Fidelity National Title Co
Quit Claim Deed -- Fidelity Title
Interfamily Deed Transfer -- First American Title Co
Grant Deed $3,500,000 First American Title Co
Interfamily Deed Transfer -- --
Grant Deed $4,200,000 First American Title Co
Interfamily Deed Transfer -- --
Grant Deed $2,250,000 First American Title
Deed $660,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,967,500 New Conventional
Previous Owner $2,500,000 Purchase Money Mortgage
Previous Owner $1,560,000 Unknown
Previous Owner $215,000 Credit Line Revolving
Previous Owner $1,567,000 Unknown
Previous Owner $1,575,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $10,850,000 -5.6% $1,315 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $11,495,000 +5.9% $1,393 / Sq Ft
12/12/2017 12/12/17 Sold $10,850,000 -5.7% $1,315 / Sq Ft
12/08/2017 12/08/17 Pending -- -- --
10/29/2017 10/29/17 For Sale $11,500,000 +8.5% $1,394 / Sq Ft
04/06/2017 04/06/17 Sold $10,600,000 0.0% $1,285 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $10,600,000 -- $1,285 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $123,355 $11,744,387 $5,412,160 $6,332,227
2024 $123,355 $11,514,106 $5,306,040 $6,208,066
2023 $120,629 $11,288,340 $5,202,000 $6,086,340
2022 $118,858 $11,067,000 $5,100,000 $5,967,000
2021 $122,748 $11,405,287 $5,676,364 $5,728,923
2020 $121,601 $11,288,340 $5,618,160 $5,670,180
2019 $119,238 $11,067,000 $5,508,000 $5,559,000
2018 $117,122 $10,850,000 $5,400,000 $5,450,000
2017 $710 $5,494,978 $2,588,887 $2,906,091
2016 $30,361 $2,842,700 $2,538,125 $304,575
2015 $30,072 $3,700,000 $2,400,000 $1,300,000
2014 -- $3,000,000 $1,714,000 $1,286,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170056090

California Regional Multiple Listing Service (CRMLS)

APN: 268-130-51