Ranch & Coast Magazine

March 2023

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Page 57 of 91

A Home to Love Opportunity awaits in this striking 3,500-square- foot single-level home situated on more than two acres of beautifully manicured grounds within the gated community of Horseman's Valley, a private enclave comprised of six homes within Rancho Santa Fe. The main house features 4 bedrooms and 3½ baths that wrap around a stunning interior courtyard perfect for al fresco dining and entertaining guests. Freshly painted exteriors complement interiors with new carpet and hardware throughout, and ample room for expansion. The property includes a pool, spa, grotto, and a detached 1,000-square- foot building with the potential to become a guest house, gym, music studio, or ADU. Situated within minutes of the Village of Rancho Santa Fe amid 60 miles of walking and equestrian trails and within close proximity to the beach, this desirable property is priced to sell. The home is currently listed with Ian Arnett of Compass. 858.204.0965, ianarnett.com e Giving Home On February 2, it was announced that the San Diego Foundation has received a transformative, unrestricted $100 million cash gift from the estate of local entrepreneur Jay Kahn, the largest-ever gift of its kind to a San Diego nonprofit. And on the heels of that historic donation, the late multimillionaire is giving even more — proceeds from the sale of Kahn's $5.9 million 5,300-square-foot oceanfront home on the cliffs south of the Ocean Beach Pier will also go to the San Diego Foundation. Listing agent Catrina Russell of Coldwell Banker West says there were four purchase offers within the estate's first 12 days on the market, and it quickly went into escrow for an undisclosed price. "It is in pending status, but I have gotten a few calls to show it for back up offers, which I'm happy to accommodate," Russell says, adding, "I do love going there!" When asked if prospective buyers are interested in the home due to the philanthropic nature of the sale, Russell says, "I am finding buyers that either love the mid- century modern style or the fact that it is literally ocean front. The view is unsurpassable. Everyone loves the story behind it, but mostly people are coming because the house is so amazing." When the sale closes, proceeds will be added to the foundation's Jay Kahn Endowment Fund for ongoing improvement of San Diego's quality of life. MIA PARK Indulge real estate ranchandcoast.com 58 MARCH 2023 RANCH & COAST MAGAZINE KAHN HOUSE: PHOTOGRAPHY BY RANCHO PHOTOS/COURTESY OF CATRINA RUSSELL IAN ARNETT: COURTESY PHOTOGRAPHY

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