The San Diego office of Colliers International recently announced that 29 completed estate lots in Montagna, a development located within the master planned community of Cielo in Rancho Santa Fe, have sold for $10,235,600. These lots are situated on the ridgeline of Cielo and enjoy sweeping panoramic views.
David Santistevan, Gunder Creager, and Ciara Layne of Colliers International were the brokers in the transaction representing both the seller and the buyer. The seller was Rancho Cielo Estates, LTD, and the property was purchased by Taylor Morrison Homes of California, LLC.
Earlier this year, David Santistevan, Gunder Creager, and Ciara Layne-Trujillo of Colliers International represented Rancho Cielo Estates, LTD in the sale of 41 improved estate lots in Cielo to California West Communities.
The Cielo community is located on the north side of Del Dios Highway at Calle Ambiente, and is comprised of 1,740 acres with 528 home sites and 60 percent open space. Cielo is a private, gated community located in the highly desirable community of Rancho Santa Fe. The development includes a wide variety of family recreational facilities, parks and is surrounded by golf courses, horse stables, and a 50,000-square-foot commercial center conveniently located in front of the entrance to Cielo.