Peter, Home Buyer in Rancho Santa Fe, CA

what are the details on the homes at 6113 valencia3c7 Rancho Santa Fe? are they a timeshare or what?

Asked by Peter, Rancho Santa Fe, CA Mon Oct 18, 2010

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Hi Peter, this is a shared ownership. I have met with the mgmt co. and toured the properties. Villas owners take title with a one-eighth fee-simple deeded interest in one of the 12 Villas. The amenities of one of the most exclusive resorts in California. A very interesting proposition for someone who wants to be here part time.

Check out their site http://www.villasranchovalencia.com/press/pressDetail.php?It…

Don Clark
760 815-0723
0 votes Thank Flag Link Mon Oct 18, 2010
Hello Peter,

The Villas at Rancho Valencia are the homes you are referring to. The Villas allow for fractional ownership within Rancho Valencia which is part of the Timbers Resorts collection. The Timbers Reciprocity Program is extended to owners of Rancho Valencia Villas allowing owners the opportunity to not only stay at Rancho Valencia but also experience the entire portfolio of Timbers Resorts destinations through a an online trading system. There are currently 8 Timbers resort properties globally.

Additionally, maintenance, housekeeping and upkeep are all included with ownership as well as access to the private Clubhouse, pool, luxury spa, tennis, golf and dining.

Hope this information is helpful!

Priscilla Wood
Polly Rogers & Associates
Prudential California Realty
16915 Avenida De Acacias
Rancho Santa Fe, CA 92067
Office: 858. 756.1113
Direct: 760.777.2696
0 votes Thank Flag Link Mon Oct 18, 2010
HOA fees at 1,000 a month for grocery shopping, housekeeping, laundry, 24 hour room service, in residence dining, private chefs, ned tennis program, golf, hiking, bocce, croquet, pool with barbeque area, and the spa at Rancho Valencia... et al.
Web Reference: http://ihousesandiego.com
0 votes Thank Flag Link Mon Oct 18, 2010
Peter,

Yes the Villas at Rancho Valencia are classified as Fractional Ownership aka Time Share. There are two active listings currently in the MLS for $380K. HOA fees are $1000 per month and the terms are cash.

Kind Regards,
Marcie Sands, REALTOR
SImply The Best Real Estate Co., Inc.
760-644-1562
0 votes Thank Flag Link Mon Oct 18, 2010
Essentially they are 1/4 shares.

Chris
0 votes Thank Flag Link Mon Oct 18, 2010
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