$1,400,000
SOLD MAR 26, 2012
4 Beds
5 Baths
2,500 Sq Ft
18.21 Acres

Recently Sold

$560 Per Sq Ft

26% Below List Price

72 Days on Market

Highlights

  • Panoramic View
  • Deck
  • Sun or Florida Room
  • R. Roger Rowe Elementary School Rated A
  • Bonus Room
  • Workshop

About This Home

As of October 2023

Rare Find! Developers Subd. Opportunity or large estate, horse facility? 1st time on market in over 60 yrs! Pioneer Encinitas landmark "Fortuna Ranch" adjacent to Bridges of RSF. apprx 18.21 acs, property has several "outbuildings", incl the: "Bunkhouse" (2 Br 1 ba guest hse),lrg studio guest house with bar/ba, small detached studio/ba & 1,700sf main house, gar, shop,more! Horse lovers- room 4 facility, rings, barns, etc. This pristine land is adjacent to hundreds of acres of open space, riding trails! [Supplement]: Unbelievable opportunity for someone looking to build their estate home in a completely private setting, or have the land for a horse ranch, or potential lot split (2 ac minimum per Cty of SD). First time on market in over 6 decades. There are several outbuildings (all older) on the property, the main house, with 1 large/double type bedroom, fam room, kitchen and nook, a 2 bedroom guest house, a 1 bedroom/studio guest house, a smaller studio guest house, separate 4 car garage/workshop, green house. At one time there was about 3,000 chickens and cattle that resided on the ranch. Also a well (not currently being used but was for over 50 yrs), property is near to Bridges of RSF and has a spectacular view of one of the Bridges and fairways/clubhouse over the canyon on the property. There is a large flat piece pad that could be a great site for new estate home, or horse fac,grove,. GOT horses? Room for barns, corrals, rings etc, or gentleman farmer, vineyard, tennis estate,?? endless possibilities. 2007 appraisal at over 5 million. Incredible privacy, horse trails nearby/on prop, many options, this is a must see property. This is in an Estate sale, trustee/executor has no knowledge of property and property is to be sold in "as-is, where is" condition, no termite, no warranties. Some exclusions, ask agent. Property has security gate, please do not attempt to drive onto property without agent/appt. Thanks and see you in escrow!*************************************** All dimensions/comments are based guestimates and incl. all buildings. Seller unsure of permits and most are possibly grandfathered. SD County is jurisdiction for building/splitting. Buyer to verify all within contingency time periods. Well was operated until about 10 years and we have a well report. Owner believes can work again. Possible Sewer nearby. Add'l APN # 264-101-08-00

Last Agent to Sell the Property

Debbie Lynn

eXp Realty of California, Inc License #00926503 Listed on: 12/15/2011

eXp Realty of California, Inc

Last Buyer's Agent

John Cote

The John Cote Company License #01041490

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,160

Year Built

  • Built in 1950

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Property is zoned Rr.5

Parking

  • 15 Open Parking Spaces
  • 2 Car Garage
  • Detached Carport Space
  • Parking Available
  • Driveway
  • Automatic Gate
  • RV Potential

Property Views

  • Panoramic
  • Golf Course
  • Mountain
  • Valley

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Family Room
  • Bonus Room
  • Workshop
  • Sun or Florida Room
  • Carpet
  • Disposal
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Patio
  • Fire Pit

Utilities

  • Cooling Available
  • Heating Available
  • Well

Listing and Financial Details

  • Assessor Parcel Number 2641041500

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,160

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Automatic Gate
  • Subdivision Name Other: OLIVENHAIN
  • View: Yes
  • Zoning: Rr.5
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2641041500
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2500.00 Square Feet
  • Stories: 1
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Fire Pit
  • Levels: One
  • Price Per Square Foot: 560.00
  • Room Type: Bonus Room, Family Room, Main Floor Bedroom, Main Floor Master Bedroom, Sun, Workshop

Exterior Features

  • Patio: Yes
  • View: Golf Course, Mountain(s), Panoramic, Valley
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport, Driveway, RV Potential
  • Total Parking Spaces: 17.00
  • Uncovered Spaces: 15.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Laundry Features: Individual Room
  • Water Source: Well
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: San Dieguito Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Level, Steep Slope

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2023
Sold by
Dominique Ashley Hoffmann Irrevocable Tr
Bought by
Frei Bradley and Frei Devin
Current Estimated Value
$2,645,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,610,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2018
Sold by
Hoffmann Melissa
Bought by
Hoffmann James E and Hoffmann Melissa

Purchase Details

Closed on
Jan 3, 2012
Sold by
Nylander John
Bought by
Hoffmann James E and Hoffmann Melissa
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Grant Deed $2,300,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $1,400,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,610,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $2,300,000 -34.3% $939 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
04/19/2023 04/19/23 Price Changed $3,500,000 -11.4% $1,429 / Sq Ft
11/29/2022 11/29/22 For Sale $3,950,000 +182.1% $1,613 / Sq Ft
03/26/2012 03/26/12 Sold $1,400,000 -26.1% $560 / Sq Ft
02/25/2012 02/25/12 Pending -- -- --
12/15/2011 12/15/11 For Sale $1,895,000 -- $758 / 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 $23,160 $2,142,000 $1,938,000 $204,000
2024 $23,160 $2,100,000 $1,900,000 $200,000
2023 $17,445 $1,569,457 $1,448,734 $120,723
2022 $17,194 $1,538,684 $1,420,328 $118,356
2021 $16,901 $1,508,515 $1,392,479 $116,036
2020 $16,750 $1,493,048 $1,378,201 $114,847
2019 $16,434 $1,463,774 $1,351,178 $112,596
2018 $16,176 $1,435,074 $1,324,685 $110,389
2017 $15,898 $1,406,936 $1,298,711 $108,225
2016 $15,345 $1,379,350 $1,273,247 $106,103
2015 $15,203 $1,358,632 $1,254,122 $104,510
2014 $14,875 $1,332,019 $1,229,556 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 110066970

California Regional Multiple Listing Service (CRMLS)

APN: 264-104-15