Concierge Auctions, a luxury real estate auction firm serving high-net-worth individuals worldwide, recently announced the successful auction of El Milagro. Following a spirited auction with eight bidders, El Milagro has gone under contract for what, when closed, will be the highest recorded price in the exclusive Covenant of Rancho Santa Fe since a $15 million sale in October, 2008. The property went under contract in cooperation with Laura Barry of Barry Estates.
Unique attributes of El Milagro include:
•An expansive property, spread across 9 rare unobstructed acres within the exclusive Covenant of Rancho Santa Fe
•An ideal location, situated within the top school district in the San Diego area, just four miles to Pacific Ocean beaches, and thirty minutes to downtown San Diego
•Dave Pelz-designed pro putting and chipping greens
•A 45,000-gallon all tile 80’ resort-style pool and spa
•An ideal climate, with temperate year-round temperatures
Listing agent Laura Barry stated: “The Concierge process is great for one-of-a-kind properties because there are no negotiations — the ‘counter’ situation is removed from the equation — and value is identified real-time.”