Midcentury Conundrum on a Prime Lot Sells for $8.9 Million

Sales from the past two weeks….

618 HOT SPRINGS ROAD
Pre-pandemic, 618 Hot Springs had a hard time selling—it started at $6 million in mid-2019, got cut twice to just under $5.2 million, then finally sold in July 2020 for $4.343 million. The 2.28-acre flag lot is super prime, but the midcentury house at the north end needed a total redo, and if I recall correctly, you can’t build anything on the southern half of the property. The house got fixed up nicely enough to rent, presumably while the owner developed plans with an architect, but then he/she had a change of heart—and came out smelling like a rose.
Listed: $9 million.
Closed: $8.925 million.

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1855 SAN LEANDRO LANE (ALSO ABOVE)
Marvelous 1923 Hedgerow house with guest house.
Listed: $6.8 million in November 2022, cut to $6.25 million the following month.
Closed: $5.55 million.

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260 CLOYDON CIRCLE
Three-bedroom below Westmont College.
Listed: $2.695 million in January 2023.
Closed: $2.71 million.

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44 VIA ALICIA
Eucalyptus Hill three-bedroom.
Listed: $2.995 million in November 2022, cut to $2.795 million a month later.
Closed: $2.7 million.

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438 SEAVIEW ROAD
1976 three-bedroom walkable to Montecito Union School.
Listed: $2.85 million in December 2022.
Closed: $2.45 million.

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308 COOPER ROAD
West Mesa three-bedroom.
Listed: $2.75 million in November, cut to $2.65 million a month later.
Closed: $2.335 million.

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3204 CALLE PINON
1926 San Roque Craftsman with an oddly situated oven.
Listed: $2.5 million in November 2022.
Closed: $2.315 million.

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3952 STACY LANE
2000 four-bedroom near Hope Elementary School; the seller paid $1.75 million in January 2021.
Listed: $2.35 million in November 2022.
Closed: $2.25 million.

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2536 BORTON DRIVE
1957 three-bedroom in West Mesa.
Listed: $1.96 million in January 2023.
Closed: $1.95 million.

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2205 OAK PARK LANE
Nicely remodeled 1920 three-bedroom in Oak Park.
Listed: $1.9 million in December 2022.
Closed: $1.825 million.

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361 HOT SPRINGS ROAD
.89-acre vacant lot north of Dorinda Triangle.
Listed: $2.575 million in August 2022.
Closed: $1.75 million.

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