Riviera Midcentury Sells for $600,000 Over Ask

Last week’s sales….

1509 DOVER ROAD (ALSO ABOVE)
1952 Riviera house ready for a makeover.
Listed: $2.9 million in August 2022.
Closed: $3.5 million.

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525 HOT SPRINGS ROAD
2.1-acre lot with permitted plans across the street from Our Lady of Mount Carmel School.
Listed: $5.75 million in April 2021.
Closed: $5.1 million.

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985 LAS PALMAS DRIVE
Renovated three-bedroom ranch house in Hope Ranch.
Listed: $4.195 million in August 2022.
Closed: $4.195 million.

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544 SANTA ROSA LANE
Hedgerow four-bedroom.
Listed: $4.995 million in June 2022, cut twice to $3.995 million.
Closed: $3.94 million.

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900 LAS ALTURAS ROAD
2011 Mediterranean on the Riviera.
Listed: $3.8 million in May 2022.
Closed: $3.5 million.

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1405 ALAMEDA PADRE SERRA
Three-bedroom on the Riviera.
Listed: $3.795 million in June 2022, cut to $3.495 million a month later.
Closed: $3.45 million.

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101 VIA TUSA
Upper San Roque four-bedroom.
Listed: $3.695 million in June 2022, cut twice to $3.495 million.
Closed: $3.4 million.

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4669 VINTAGE RANCH LANE
Four-bedroom in Hope Ranch Annex.
Listed: $3.395 million in July 2022.
Closed: $3.3 million.

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2211 LILLIE AVENUE
Off-market flip of a stylish Summerland two-bedroom; the seller paid just $2.3 million in May 2022.
Listed: N/A.
Closed: $3.25 million.

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14 E. LOS OLIVOS STREET
Upper East three-bedroom.
Listed: $3.15 million in July 2022.
Closed: $3.15 million.

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980 HOT SPRINGS ROAD
The deed transfer report says that Oprah Winfrey sold a property (APN 011-030-10) for $2.3 million in an off-market deal, with this note: “also 980 Hot Springs, 2 hse, 4 parcels.” So I’d assume we’ll see a larger transaction soon for the whole caboodle.
Listed: N/A.
Closed: $2.3 million + TBA.

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And a few others worth checking out:
••• 2040 Las Canoas Ridge Way: $2.7 million.
••• 125 La Plata: $2.438 million.
••• 1231 Ferrelo Road: $2.425 million.
••• 329 W. Valerio Street: $2.45 million.
••• 417 Calle Palo Colorado: $2.36 million (above).
••• 440 Stanley Drive: $2.34 million (below).

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