Hot Properties: Rancho Santa Fe mansion valued at $20M to be auctioned

Our Hot Properties series wraps up for July with an exclusive look inside one of the most magnificient homes in all of San Diego County.  It’s a 21,000-square-foot mansion in Rancho Santa Fe called El Milagro, which means “the miracle” in Spanish.

Driving up the long, winding drive of El Milagro, you know you’re heading to a home of distinction. You enter the home through a spacious courtyard.  Pacific/Sotheby’s realtor Seth O’Byrne showed San Diego 6 around this stunning property.  The first thing he showed us was a false wall in the foyer, and behind it, a large bank-style vault.

The home is owned by Billy Walters, who made more than $100 million gambling, primarily on sports.  Sitting at Walters’ huge granite desk in his office, O’Byrne showed us another cool aspect of the house.

 ”In this room, Billy Walters made tens of millions of dollars on sports betting.  He would sit here for hours, and when he got tired of sitting, he would stand up and the desk would come up to him,” said O’Byrne, who demonstrated how the huge desk could be raised or lowered using a pedal on the floor.

There’s the game room with a poker table complete with four chairs representing the four suits in a deck of cards, and of course there’s a beautiful bar.  But that’s not all.

 ”Here in the game room, there’s another false wall and behind it, a beautiful wet bar,” O’Byrne said.

But as magnificent as the interiors are of El Milagro, the grounds that surround it, all 9 acres of them, are equally as specactular.  The 80-foot-long pool is graced by arching fountains, and an enormous Jacuzzi at one end.  Close by, there’s a pavilion featuring two barbecue stations.  Of course, there is a tennis court.


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