Platinum Luxury Auctions Launches Auction within Exclusive Rancho Santa Fe Community
Five-Acre, Multi-Structure Estate in Fairbanks Ranch Set for October Sale
SAN DIEGO, Sept. 10, 2015 /PRNewswire/ -- Platinum Luxury Auctions, a leading real estate auction firm for the non-distressed, auction sale of multimillion-dollar properties, has announced the October 3rd auction of a California garden oasis located within the prestigious Fairbanks Ranch community in Rancho Santa Fe, California. Recently offered for $10.5 million, the property will now be sold to the highest bidder who meets or exceeds the auction's reserve bid of only $5 million. Platinum is managing the sale in cooperation with listing agent K. Ann Brizolis of Brizolis & Associates, a top-producing sales team within the Pacific Sotheby's International Realty offices in Rancho Santa Fe.
Grand in both design and size, the property offers European architectural influences and a total of 15,321 square feet of living space, with 11 bedrooms, 11 full and two half baths. In addition to a sprawling, two-story main residence, there is also a separate guesthouse, staff apartment, and studio on the property grounds. The estate's 5-acre parcel is purportedly the largest singular lot within the Fairbanks Ranch Community, an exclusive enclave of approximately 600 private residences.
"Being within the private gates of the estate feels like being a guest at a five-star resort," stated Trayor Lesnock, Platinum's president and founder. "There is a grand arrival, resort-style pool and spa tub, tennis court, incredible spaces for entertaining, and beautifully manicured grounds."
To be sure, the property's grounds are impressive. With an abundance of plants native to California, the landscaping is exceptionally water-efficient and "drought resistant." In addition to a 200-specimen rose garden, there are also more than thirty organic fruit trees, 70 California Coastal live oaks, and 20 sycamore trees on the premises.
The property's main residence offers seven en-suite bedrooms, including a master suite with a private elevator and spa-like bathroom featuring Italian glass tiles, an infrared sauna, steam shower, soaking tub, heated floors and two custom closets. There is also a gourmet kitchen, theater, formal dining and a lounge with a wet bar and wine storage.
Outdoor living areas are finished to such a high degree, they could easily pass as the interiors of many other luxury homes. The main residence's living room features custom glass doors that retract completely to reveal the sprawling lanai, which houses an oversized summer kitchen, lounge area with a fireplace, and an additional dining area with seating for twenty-four guests. Diners can enjoy views of the spectacular saltwater pool, waterfall and adjacent spa tub, situated beneath a pergola of flowering wisteria vines.
The property's three outbuildings serve as ideal quarters for guests, extended family, or staff, and offer a total of four bedrooms, four full and one-half baths. The studio, complete with a kitchen, is ideal for use as an artist's space, fitness/yoga center, private spa, or children's play room. Additional features include garage parking for six vehicles (including a limousine bay), a relaxation pavilion, and a private walking trail.
"With the tremendous interest we're enjoying on a separate luxury home we have already been marketing for auction with Platinum, I'm excited to see the activity we'll bring to this wonderful home, located in one of Rancho Santa Fe's premier communities," noted K. Ann Brizolis, the property's listing agent. "Even at the full list price, the estate has one of the lowest price-per-square-foot values in the area. The auction opportunity makes the potential for a fantastic buy even more incredible."
Once the private ranch land of legendary acting couple Douglas Fairbanks (known for his role as Zorro) and Mary Pickford (the actress beloved as "America's Sweetheart"), the Fairbanks Ranch community is known as one of San Diego County's finest. It offers its residents 75 acres of park-like grounds, an equestrian center, five tennis courts, a 9-hole putting green, volleyball and basketball courts, a clubhouse, private lake and a local park, all within the coveted Rancho Santa Fe ZIP code.
Property previews will be held daily and by appointment only, until the auction day. For more information, interested parties may visit RanchoSantaFeLuxuryAuction.com or call 1-800-207-8156.
About Platinum Luxury Auctions
Platinum Luxury Auctions is a market-leading auction firm specializing in the non-distressed sale of multimillion-dollar properties within and beyond the United States. The Platinum team has closed more than $396 million in luxury real estate auction sales, and has consulted on more than $1.4 billion in additional luxury properties worldwide. Platinum is responsible for developing the luxury auctionSM model for the sale of luxury real estate at auction.
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SOURCE Platinum Luxury Auctions
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