A New Chapter for the Palms Building in Carpinteria

Last week’s sales….

701 LINDEN AVENUE
The Palms building in Carpinteria, “offered as a complete package of real estate, business and brand,” was purchased by an LLC registered by Mark Armenante, who owns at least two houses in the area with his wife, Young Sohn. Here’s hoping they have plans for a restaurant in the space, as they’re also behind the much-lauded One White Street restaurant in New York City.
Listed: $8.95 million in November 2021, cut to $7.75 million a month later.
Closed: $5.65 million

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415 MEADOWBROOK DRIVE
1.8-acre vacant lot in Ennisbrook with approved “approved plans and permits ready to issue for one-level, 6,000-square-foot home.”
Listed: $6.9 million in January 2023, cut to $6.295 million in April 2023.
Closed: $5.7 million.

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265 RAMETTO ROAD
1939 compound on 1.38 acres on Eucalyptus Hill.
Listed: $4.75 million in April 2023.
Closed: $4.75 million.

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3538 CAMPANIL DRIVE
Off-market sale of a 1975 four-bedroom on 1.11 acres.
Listed: N/A.
Closed: $4.35 million.

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910 FLORA VISTA DRIVE
1965 four-bedroom.
Listed: $2.5 million in April 2023.
Closed: $2.435 million.

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1426 MOUNTAIN AVENUE
1929 Westside three-bedroom.
Listed: $2.125 million in May 2023.
Closed: $2.25 million.

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546 RANCHO ALISAL DRIVE
Alisal Ranch three-bedroom.
Listed: $1.895 million in April 2023.
Closed: $1.9 million.

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