The San Diego office of Colliers International announces the sale of Cielo Del Norte, 242 acres southeast of Elfin Forest Road and Harmony Grove Road, Rancho Santa Fe, for $13 million. The property was originally approved for a 77-lot residential development, but will become designated open space as a part of the Escondido Creek Conservancy.
Ciara Trujillo, David Santistevan, and Gunder Creager of Colliers International’s San Diego Land Team represented the seller, Cielo Del Norte, LLC, and Ann Van Leer of Land Conservation Brokerage represented the buyer, Escondido Creek Conservancy. The mission of the Escondido Creek Conservancy is to protect and restore the Escondido Creek watershed, a 26-mile creek that forms at Lake Wohlford and meets the Pacific Ocean at the San Elijo Lagoon.
Cielo Del Norte is just north of Cielo, a 1,740-acre private community with more than 528 luxury homes and 60 percent open space, where Colliers International’s San Diego Land Team has sold more than 75 lots to some of Southern California’s top homebuilders, including Taylor Morrison and California West Communities among others. Also nearby is the Lusardi Creek Preserve, which was expanded in 2013 when the San Diego Land Team sold 31 acres of privately owned land to the County of San Diego.
“This property will remain in pristine condition as open space in perpetuity. It is truly an honor to be a part of conserving beautiful sites like Cielo De Norte in their natural state,” said Ciara Trujillo, vice president at Colliers International.