San Diego Business Journal

41 Rancho Santa Fe Home Lots Sell for $10.2M

Thursday, March 7, 2013

California West Ventures II LLC, which includes Carlsbad-based homebuilder California West Communities, has purchased 41 residential lots in Rancho Santa Fe, for $10.25 million.

The single-family, custom home sites are in the master planned community of Cielo, according to a statement from Colliers International, which represented the buyer and seller, Rancho Cielo Estates LLC.

The purchased lots range in size from 9,300 to 23,900 square feet. The Cielo community is on the north side of Del Dios Highway at Calle Ambiente.

The private, gated community includes 1,740 acres with 528 homes and 60 percent open space. It is served by an adjacent 50,000-square-foot commercial center known as Cielo Village.

— SDBJ Staff Report