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6/16/15
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Escondido Creek Conservancy purchased Cielo Del Norte, a 242-acre property located southeast of Elfin Forest Rd and Harmony Grove Rd in Rancho Santa Fe, for $13 mil. The land was sold by Cielo Del Norte LLC.
The property was originally approved for a 77-lot residential development but will become designated open space as a part of the Escondido Creek Conservancy. The mission of the Escondido Creek Conservancy is to protect and restore the Escondido Creek watershed, a 26-mile creek that forms at Lake Wohlford and meets the Pacific Ocean at the San Elijo Lagoon.
Cielo Del Norte is located just north of Cielo, a 1,740-acre private community with more than 528 luxury homes and 60% open space. The area has seen more than 75 lots purchased by some of Southern California’s top homebuilders, including Taylor Morrison and California West Communities, among others. Also located nearby is the Lusardi Creek Preserve.
Ann Van Leer of Land Conservation Brokerage represented the Escondido Creek Conservancy in the purchase. Ciara Trujillo, David Santistevan, and Gunder Creager of Colliers International’s San Diego Land Team repped the seller in the deal. According to Colliers, with this deal the land will remain in pristine condition as open space in perpetuity.
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