In lieu of a roundup of open houses—which haven’t started up again yet—here are some noteworthy properties that have just come on the market.
Located between Summerland and Toro Canyon, 450 Lambert Road ($11.75 million), a.k.a. Live Oaks Ranch, is a 21.62-acre property with four buildings: the main residence, a secondary residence that incorporates part of the original 1800s ranch house, an accessory structure, and a workshop.
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The well-designed new-build at 529 Santa Rosa Lane ($5.295 million) went pending before it was even officially listed—undoubtedly a beneficiary of the hot market for turnkey Montecito. I do wish the developer had budgeted more for better bathrooms and roof.
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Can the newly renovated 380 Woodley Road ($6.495 million) in Pepper Hill get some of that same magic? It’s a lot of house—8,620 square feet, with seven bedrooms—but not a lot of usable yard. Swell mountain views, though.
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And then there’s the .8-acre compound at 735 Ashley Road ($5.195 million), with a main house, guest house, and detached garage with studio above. It was tastefully renovated in 2018. Only the various stairs give pause.
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The two-bedroom starter home at 4015 Ramitas Road ($1.599 million) at Hope Ranch needs attention, but maybe the bones are good?
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247 Olive Mill Road is a 2.5-acre property divided into two: Parcel 18 ($2.635 million) is a circa-1890 house on one acre; Parcel 19 is a 1982 barn converted into a home on 1.5 acres. The former definitely needs to be redone, and the latter probably does, as there are no interior shots.
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Moody Sisters cottages don’t come up that often, so it’s exciting to see 539 Periwinkle Lane ($1.295 million). I doubted that anyone would pay that price for a one-bedroom, one-bath house in this kind of shape, but it already has a pending offer. Maybe a neighbor is buying it as a she-shed or a guesthouse.
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