facebook
Traded Co logo
Submit a Deal
5951 Linea Del Cielo - The Inn at Rancho Santa Fe
SOLD

Steve Hermann Hotels Sells The Inn At Rancho Santa Fe Luxury Boutique Resort For $100M

5951 Linea Del Cielo - The Inn at Rancho Santa Fe

Hotel
clock iconSold 1 year ago
Elliot Eichner
David Sonnenblick
the dealplayerscompscontact
share iconContact now

Summary

Sale
CALIFORNIA
Hotel

The Inn at Rancho Santa Fe, a luxury boutique resort in north San Diego County, has been sold by Steve Hermann Hotels for a price of $100 million. The property, which consists of 85 rooms, was initially acquired by Steve Hermann Hotels in May 2022 for $42.7 million. Situated at 5951 Linea Del Cielo, the resort is located in the sought-after market of Rancho Santa Fe, known for its high entry barriers and five-star luxury offerings.

Summary of transaction details

The sale attracted the attention of an undisclosed institutional investment fund, which recognized the value in acquiring a five-star luxury resort with a strong market presence. The transaction highlights the lucrative nature of the Rancho Santa Fe market, where top-tier properties command significant interest and premium prices.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Elliot Eichner's profile picture
Elliot Eichner
Sonnenblick-Eichner Company-image
Co-Founder and Principal
$100M Sold

Details

Deal Summary
minus icon
SOLD
IMAGE: Elliot Eichner & David Sonnenblick DATE: 07/24/2023 ADDRESS: 5951 Linea Del Cielo - The Inn at Rancho Santa Fe MARKET: Rancho Santa Fe ASSET TYPE: Hotel SELLER: Steve Hermann Hotels BROKERS: David Sonnenblick & Elliot Eichner - Sonnenblick-Eichner Company SALE PRICE: $100,000,000 KEYS: 85 ~ PPK: $1,176,471 NOTE: Steve Hermann Hotels sold The Inn at Rancho Santa Fe, an 85-room luxury boutique resort in north San Diego County, for $100 million, after acquiring it for $42.7 million in May 2022. The buyer, an undisclosed institutional investment fund, recognized the opportunity to acquire a five-star luxury resort with high entry barriers in the market.

View on map

Loading...

Address5951 Linea Del Cielo - The Inn at Rancho Santa Fe

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want