$11M ‘mega mansion’ burned in fire once on Airbnb

$11M ‘mega mansion’ burned in fire once on Airbnb


RANCHO SANTA FE, Calif. (KGTV) – A Fairbanks Ranch home damaged in a fire was once listed on Airbnb as a ‘mega mansion’ for rent, multiple sources show.

The home in the 6800 block of Spyglass Lane caught fire Sunday night and burned for two hours until the flames were knocked down. A cleaning crew was in the home but escaped without injury.

A Zillow listing for the 20,000 square foot house indicated it was on sale for almost $11 million. It was previously available for rent for $2,500 per week.

“Magnificent Venetian palace in chic guard-gated Del Rayo Estates in the exclusive enclave Rancho Santa Fe, minutes from the Golf Course, Del Mar Racetrack & Beach,” the listing on

Zillow

reads. “In the past, the property has generated $300,000 in income from short term rentals.”

RELATED:

Crews knock down Fairbanks Ranch mansion fire

Although a previous Airbnb listing was removed by Monday, an article about the most expensive U.S. rentals on

farandwide.com

reported the home had been available for rent as of November 2018. There was no immediate word on whether the home had been rented Sunday.

“This vast property in Rancho Santa Fe is 21,000 square feet, can accommodate up to 14 guests in seven bedrooms, and has an acceptable eight and a half bathrooms,” according to the article.

Other amenities listed on Zillow included a bowling alley, yoga studio, wine cellar, elevator, guest house, 3,000 square foot kitchen, tennis court, and a pool with a waterfall.

The cause of the fire remains under investigation.

Read the Original Article Here


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