Golden Quadrangle Megamansion Asks $74 Million

Noteworthy new listings….

Designed by Francis T. Underhill in 1917, 670 Hot Springs Road ($74 million) is a wow and a half: a seven-bedroom, 20,000-square-foot mansion on 10.5 acres of primest Montecito. While many surfaces need updating, they seem pretty fixable. That said, the closest comp I can think of sold for $32 million. Then again, that was back in October….

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While the exterior of 805 Picacho Lane ($20 million) screams “I won the lottery!”, the interiors call to mind a Bavarian inn redone in the 1990s. The prestigious address and off-street location (on 1.65 acres) may be enough to get close to the asking price.

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The 2005 house at 995 Lilac Drive ($10.9 million) is more of the faux-Italian style you see all over Montecito. And it’s at the corner of Romero Canyon Road. And there’s no guest house.

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Far more elegant than any of the above, but in a lesser location, is the dreamy 1936 Spanish compound on four acres at 460 El Cielito Road ($7.9 million). Wrap it up—I’ll take it.

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One thing is for sure about 1175 E. Mountain Drive ($3.995 million), at the corner of Riven Rock Road: you don’t have to worry about parking at the Hot Springs trailhead. Your own car, that is; other hikers are another matter. I suspect it’ll end up getting torn down. Maybe the neighbors should buy it and convert it to a parking lot.

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One look at 804 Rametto Lane ($3.85 million) and you’ll be humming “Think Pink!” At least the mancave was spared. P.S. The portrait in the dining room is pretty fabulous.

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Owen Road is that street that dangles off of Cima Vista Lane on Eucalyptus Hill, affording the houses wonderful ocean views, and 504 Owen Road ($3.3 million) is no exception. It’s a total redo, but there’s innate style.

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There’s a reason the exterior shots of 611 Holmcrest Road ($2.175 million) show up last: the building is a drab box. But inside is a nice surprise, with classic Riviera views—that is, if you don’t mind the ratio of three bedrooms to one-and-a-half bathrooms. (It’s possible there was no way to round that half-bath up in the renovation; nonetheless, it reminds me to remind you that before you embark on a renovation, have a real estate agent over to see how it might affect resale value.)

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1371 Danielson Road ($5.495 million) is a 1925 Monterey Colonial with an appealing demeanor, although I’m a bit concerned about construction on the vacant lots to the east, one of which just sold for $5.5 million.

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If the 1919 carriage house at 1829 Loma Street ($2.2 million) on the Lower Riviera had cheeks, we’d be lining up to pinch them. I remain unconvinced that it’s a functional three-bedroom, though.

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564 Santa Angela Lane ($3.595 million) looks intriguing till you realize that it abuts a parking lot with more than 50 spaces. And there are no interior shots yet…. The location and floor plan—with two shared baths—point this one toward the family demo.

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And a couple others worth checking out:
••• 2541 Whitney Avenue ($2.995 million): Nice Summerland views.
••• 2025 Creekside Road ($2.585 million): Vacant lot in the U formed by Sheffield Drive and Ortega Hill Road.

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