By Joe Tash
A Carlsbad-based developer has purchased 41 custom home lots in the Cielo master-planned community in Rancho Santa Fe for $10.25 million.
The lots range in size from 9,300 to 23,900 square feet.
The purchaser was California West Ventures II, LLC. According the California West Communities website, the company is also the developer of Valencia Del Sur, part of the community of Del Sur, which is east of Rancho Santa Fe; and Mission Ranch, which is south of Lake Hodges.
The seller was Rancho Cielo Estates LLC, and the broker representing both sides of the transaction was Colliers International, according to a news release issued by the brokerage company.
The Cielo community is north of Del Dios Highway at Calle Ambiente. It covers 1,740 acres, with 528 home sites and 60 percent open space. Cielo Village, a commercial center, is located at the entrance to the gated community.