Another $125 Million in Real Estate Changed Hands Last Week

Just when you think the market might be calming down, it roars back to new heights…. Here are the noteworthy sales of the past week.

942 HOT SPRINGS ROAD
Beige on beige, but what a location….
Listed: $22 million in July 2020.
Closed: $18 million.

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2955 EAST VALLEY ROAD
Ellen and Portia found a buyer quickly; more on the topic here.
Listed: $39.9 million in October 2020.
Closed: $33.308 million.

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1260 E. MOUNTAIN DRIVE
A.k.a. the one with a concession stand outside the home theater.
Listed: $14.95 million in August 2020.
Closed: $14.725 million.

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1460 BONNYMEDE DRIVE
Big and stylish in Sea Meadow.
Listed: $7.95 million in February 2019.
Closed: $7.315 million.

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4235 CRESTA AVENUE
Hope Ranch gut reno or maybe teardown.
Listed: $6.199 million in September 2020.
Closed: $5.9 million.

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1671-1675 SAN LEANDRO LANE
Large 1920 Hedgerow house with guest house on adjacent parcel; both need a lot of work.
Listed: $6.4 million in July 2018.
Closed: $4.98 million.

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110 SUMMIT LANE
California cottage done right.
Listed: $4.975 million in September 2020.
Closed: $4.975 million.

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3030 HIDDEN VALLEY LANE
Spec reno in east Montecito.
Listed: $4.825 million in June 2019.
Closed: $4.75 million.

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1333 SCHOOL HOUSE ROAD
Yet another house on School House Road changed hands.
Listed: $4.495 million in September 2020.
Closed: $4.5 million.

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860 ASHLEY ROAD
Provençish.
Listed: $4.9 million in July 2019.
Closed: $4.49 million.

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575 BRAEMAR RANCH LANE
Good luck with it.
Listed: $4.25 million in April 2020.
Closed: $3.833 million.

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And a few other notable closings:
••• 1469 La Vereda Lane (above): listed for $3.2 million, closed at $2.8 million.
••• 1708 Paterna Road (below): listed for $3.495 million, closed at $2.7 million.
••• 527 E. Micheltorena Street: listed for $2.599 million, closed at $2.5 million.
••• 120 Tiburon Bay Lane: off-market sale closed at $2.475 million.
••• 2450 Whitney Avenue: listed as high as $2.8 million and as low as $2.365 million; closed at $2.46 million.
••• 750 Ladera Lane: listed for $2.695 million, closed at $2.42 million.
••• 2434 Santa Barbara Street: listed for $2.4 million, closed at $2.36 million.
••• 419 E. Arrellaga Street: listed for $2.295 million, closed at $2.295 million.
••• 151 Hermosillo Road: off-market sale closed at $2.27 million.

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