Last week’s sales….
1104 CHANNEL DRIVE
Vaguely Balinese compound, built in 2008, on 1.58 acres on Butterfly Beach.
Listed: $38.5 million in August 2023, cut to $33 million in March 2024.
Closed: $30.25 million.
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909 PARK LANE
Fixer way up the hill in Montecito.
Listed: $8.3 million in April 2024.
Closed: $7.122 million.
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1117 LAS ALTURAS ROAD
2014 four-bedroom with views.
Listed: $5.65 million in April 2021, relisted for $6 million in May 2024.
Closed: $6.175 million.
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7401 FIGUEROA MOUNTAIN ROAD
2003 equestrian compound on 152 acres northeast of Los Olivos.
Listed: $4.75 million in March 2024.
Closed: $4.35 million.
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24 WADE COURT
1996 architectural statement near Hendry’s Beach.
Listed: $4.095 million in April 2024.
Closed: $3.8 million.
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4653 VIA HUERTO
Two-acre lot in Hope Ranch.
Listed: $5.25 in March 2022, cut four times to $3.95 million.
Closed: $3.6 million.
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255 ORTEGA RIDGE ROAD
1986 fixer almost certainly coming back as a spec reno.
Listed: $2.995 million in May 2024.
Closed: $3.5 million.
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18 CALLE ALAMO
The seller paid $3.3 million in July 2023 for this Cove House renovation of a 1927 San Roque house by Joseph Plunkett and William Edwards—and managed to get out without losing his/her shirt.
Listed: $3.449 million in April 2024.
Closed: $3.446 million.
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15 FRANCISCO DRIVE
1965 three-bedroom above San Roque.
Listed: $2.975 million in May 2024.
Closed: $3.2 million.
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840 WOODLAND DRIVE
Single-level Eucalyptus Hill four-bedroom in need of updating.
Listed: $3.195 million in April 2024.
Closed: $3.13 million.
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420 PLAZA RUBIO
1925 two-bedroom across from the Mission Rose Garden.
Listed: $2.987 million in May 2024.
Closed: $3.1 million.
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And a few others worth checking out:
••• 1070 Diamond Crest Court: $2.61 million.
••• 1340 Plaza de Sonadores: $2.5 million.
••• 1972 Las Canoas Road: $2.2 million.
••• 805 Soledad Avenue: $1.727 million (below).
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909 Park Lane is the house where the 2022 homicide occurred. Proceeds from the sale supposedly go to a charity.
With regards to the Rosewood Miramar, the authors comment about the ritzy, high end shops reminding him of Tom Bradley international terminal at LAX, the planned addition of Chanel & Loro Piano bring me visions of armed “Smash-n-Grab” type burglaries. Easy off, easy on, freeway access as an added bonus.