Grading is under way at two major luxury residential developments this month on the east side of Rancho Santa Fe.
“We anticipate starting retail sales of custom home sites in June and expect our guest builders to have models open in January of 2001,” said Dina Clark, director of marketing for the Crosby Estate, one of the developments. “We’re almost done with the grading right now.”
About 60 percent of the 501 home sites are in escrow with three luxury homebuilders, she said. Clark declined to disclose the builders because the properties are still in escrow and they are still doing their property investigations.
She said she also anticipated cooperating with outside real estate brokers on the sale of the remaining lots.
The 501-lot development on 722 acres is on the south side of Del Dios Highway about a quarter-mile east of the boundary of Rancho Santa Fe.
Just across the highway, Cielo, a development of 528 homes and estate sites on 1,750 acres, is scheduled to be open for previews April 27, said Dave Dacus, vice president of marketing and sales for Rancho Cielo Estates Ltd., that community’s master planner.
Dacus said the development takes advantage of views from some of the highest hills in the coastal area. Architectural guidelines will also reflect the design concepts developed for Rancho Santa Fe by architect Lilian Rice in the 1920s, he said.
Hand-painted ceramic tiles, rounded windows, arched entries and wrought-iron cantilevered balconies will be part of the architectural elements in the design codes, he said.
In addition, more than 880 acres of native habitat will be preserved at the development.
Three builders have already committed to the development, Dacus said. They include Davidson Communities, Innovative Resort Communities, both of San Diego, and EPAC Estates of Costa Mesa.
At the north end of Rancho Bernardo, San Diego-based Techbilt Construction Corp. started site preparation on 21 homes in two phases earlier this month. They’re in the gated, master planned community of Lomas del Lago Estates.
The single-story houses at the development range from 2,205 to 2,801 square feet with a two-story plan offering 3,340 square feet, said Kip Peppin, sales manager. They’re priced from $390,000 to $490,000.
The lots in the subdivision average 12,000 square feet and there is also a minimum of 20 feet between the houses, he added.
To the east in Poway, Barratt American Inc., a subsidiary of Barratt Group of England, started sales April 16 at High Valley Estates. Those homes, which are on two-acre lots, are designed in the California mission, Prairie Craftsman, Tudor, Norman and English country styles, said Rick Fletcher, vice president of sales and marketing.
Prices start at $749,000 for the houses. They’re from 3,175 to 4,559 square feet in size.
Meanwhile, Pacific Scene Homes of San Diego and Lucas & Mercier Development of Rancho Santa Margarita have started sales on two separate housing developments.
Pacific Scene Homes held its grand opening at Sunset Ridge on April 15. The four floor plans there range from 1,965 to 2,623 square feet. They’re off Sunset Drive south of Highway 78 and are priced from the high $200,000s to the low $300,000s, said Dennis Ferdig, vice president of Pacific Scene Homes.
