Surrey County Council has confirmed that Cobgates care home in Farnham will close this summer.
Cobgates is one of six council-owned care homes that will close by the summer of next year, a plan that was first revealed in March last year.
The closure programme has already seen Longfield in Cranleigh and Brockhurst in Ottershaw closed in the summer of 2015, with Cobgates in Farnham and Dormers in Caterham to be closed this year.
Park Hall in Reigate and Pinehurst in Camberley, will be closed in the summer of 2017.
Private sector care home operators and real estate investment trusts are likely to assessing whether the care homes are suitable for acquisition and redevelopment. They are all located in an affluent part of the country that has been a magnet for investment in recent years.
The council has said that all sites will be retained to serve a future role in adult social care, which is likely to be provided by private operators.
Care homes are being closed two at a time in the summer months over three years so that residents can be re-housed in the warmest weather, and in an orderly fashion that simplifies the process of finding new homes.
“We have been in discussions with all residents and their families trying to find them new places which suit their individual needs and give them the very best care. The reduction has coincided with residents deciding to move out early and staff at the home are being offered the chance to be re-deployed or transferred elsewhere.”