Fairbanks Ranch Real Estate & Homes for purchase in California
Fairbanks Ranch Real Estate & Homes In California
Once featured on "Lifestyles of the Rich and Famous", the community of Fairbanks Ranch is a 30-year-old prestigious country club community replete with Tuscan, Spanish, Mediterranean, California Ranch, English Tudor, and Country French styled estates. It is located south of the San Dieguito River Valley, adjacent to the Covenant, and within Rancho Santa Fe. (more)
Fairbanks Ranch is gated with 6 entrances manned by 24-hour security. The community has its very own private security entrance/exit into Solana Santa Fe Elementary School. First class amenities include over 75 acres of beautifully manicured lawns with a beautiful lake, a 10-acre equestrian center, 9-hole putting green, 5 tennis courts, bird sanctuary, clubhouse, and many private resident events. Designed by Ted Robinson Jr, the Fairbanks Ranch Country Club is a distinctive private members-only club established in 1984 on the site of the Olympic Equestrian Endurance Event.
Fairbanks Ranch Real Estate Market: Price Range of Houses for Sale
Fairbanks Ranch is within a private country setting featuring lavish custom estates which range in size from 2,500-20,000 square feet and range in price from $1 - $10 million+, while vacant lots are $2 million. Fairbanks Ranch luxury properties have depreciated around 28% in the past 5 years. San Dieguito Road divides Fairbanks Ranch into 2 gated communities, North and South.
Fairbanks Ranch Real Estate Stats and Trends for the week of April 19th, 2020: homes priced around $3,679,364 compared to $3,679,364 the previous week, to remain steady with no change in listing price. For Sunday, April 19th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.