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Six sprawling acres in Rancho Santa Fe

The Italian glass-tile pool is complemented by a cabana that includes a gym, sauna, and two baths.
The Italian glass-tile pool is complemented by a cabana that includes a gym, sauna, and two baths.

Current Owners: Richard & Christine Nicholas

Bedrooms: 8

Baths: 14

Price: $17,900,000

Casa de las Palmas, a sprawling, six-acre estate at 16270 Via de la Valle is located “within the most exclusive Covenant area of ‘The Ranch’” in North County’s Rancho Santa Fe community. In addition to the main residence, the property includes two guest villas, a cabana/gym, garage parking for nine cars, and stable facilities to accommodate up to six horses. In all, the estate comprises eight bedrooms, 14 baths, and over 16,000 square feet of living space.

The atrium

The main residence features six bedroom suites and an additional four baths, as well as an atrium with glass walls and ceiling, a 900-square-foot living room, formal dining room, and a chef’s kitchen with secondary dining area. Exposed wood-beam ceilings and high-end fixtures are featured throughout. The home also includes ten fireplaces and assorted built-in furnishings.

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Sponsored

Outside, the main residence and other buildings surround “a spectacular 75-foot turquoise Italian glass-tile pool.” The pool’s cabana houses a gym, sauna, and two baths of its own. There’s also a catering kitchen for poolside parties. Other exterior features include “world-class botanical gardens, incredible waterfalls and Koi pond adjacent to a tennis court and Gazebo.”

The “irreplaceable mature landscaping” includes a dedicated rose garden, a “specimen palm tree collection,” small orchard, a nursery shade house, and a children’s playground.

On-site equestrian facilities include a concrete barn containing seven stalls (the property is permitted to house just six horses), tack and feed rooms, a washing stall, and training arena.

The property is entirely fenced and gated, with two entry gates and another two service entries, one specifically for the horse barn. In addition to the nine-car garage there’s driveway parking for another 20 or more cars.

Map

16270 Via De La Valle Rancho Santa Fe, 92067

16270 Via De La Valle Rancho Santa Fe, 92067

Purchase of the property also includes a social membership at the Rancho Santa Fe Golf Club, with access to the links and tennis facilities available at “nominal cost.”

Public records show the property’s current owners as Richard and Christine Nicholas. The tax records also suggest the lot size is closer to three acres than six, though it’s not uncommon to combine parcels into a single property to achieve more acreage.

The current assessed value of Casa de las Palmas is just $693,947, resulting in an annual property tax of $7535 — if the property sells for anywhere near its asking price, the new owner’s tax bill would more than double that sum in a single month.

The estate was previously listed for sale in October 2011, with an asking price of $19,500,000. That price was reduced to $15,500,000 the following April, then increased to the original price again in June. Failing to attract a buyer, the listing expired in October 2012. The home stayed off the market for two more years before being re-listed last month with a new asking price of $17,900,000, which remains unchanged to date.

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The Italian glass-tile pool is complemented by a cabana that includes a gym, sauna, and two baths.
The Italian glass-tile pool is complemented by a cabana that includes a gym, sauna, and two baths.

Current Owners: Richard & Christine Nicholas

Bedrooms: 8

Baths: 14

Price: $17,900,000

Casa de las Palmas, a sprawling, six-acre estate at 16270 Via de la Valle is located “within the most exclusive Covenant area of ‘The Ranch’” in North County’s Rancho Santa Fe community. In addition to the main residence, the property includes two guest villas, a cabana/gym, garage parking for nine cars, and stable facilities to accommodate up to six horses. In all, the estate comprises eight bedrooms, 14 baths, and over 16,000 square feet of living space.

The atrium

The main residence features six bedroom suites and an additional four baths, as well as an atrium with glass walls and ceiling, a 900-square-foot living room, formal dining room, and a chef’s kitchen with secondary dining area. Exposed wood-beam ceilings and high-end fixtures are featured throughout. The home also includes ten fireplaces and assorted built-in furnishings.

Sponsored
Sponsored

Outside, the main residence and other buildings surround “a spectacular 75-foot turquoise Italian glass-tile pool.” The pool’s cabana houses a gym, sauna, and two baths of its own. There’s also a catering kitchen for poolside parties. Other exterior features include “world-class botanical gardens, incredible waterfalls and Koi pond adjacent to a tennis court and Gazebo.”

The “irreplaceable mature landscaping” includes a dedicated rose garden, a “specimen palm tree collection,” small orchard, a nursery shade house, and a children’s playground.

On-site equestrian facilities include a concrete barn containing seven stalls (the property is permitted to house just six horses), tack and feed rooms, a washing stall, and training arena.

The property is entirely fenced and gated, with two entry gates and another two service entries, one specifically for the horse barn. In addition to the nine-car garage there’s driveway parking for another 20 or more cars.

Map

16270 Via De La Valle Rancho Santa Fe, 92067

16270 Via De La Valle Rancho Santa Fe, 92067

Purchase of the property also includes a social membership at the Rancho Santa Fe Golf Club, with access to the links and tennis facilities available at “nominal cost.”

Public records show the property’s current owners as Richard and Christine Nicholas. The tax records also suggest the lot size is closer to three acres than six, though it’s not uncommon to combine parcels into a single property to achieve more acreage.

The current assessed value of Casa de las Palmas is just $693,947, resulting in an annual property tax of $7535 — if the property sells for anywhere near its asking price, the new owner’s tax bill would more than double that sum in a single month.

The estate was previously listed for sale in October 2011, with an asking price of $19,500,000. That price was reduced to $15,500,000 the following April, then increased to the original price again in June. Failing to attract a buyer, the listing expired in October 2012. The home stayed off the market for two more years before being re-listed last month with a new asking price of $17,900,000, which remains unchanged to date.

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4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
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