Lower Riviera Spec Reno Sells for More Than a Million Over Ask

Last week’s sales….

810 LARGURA PLACE
Lower Riviera spec reno that performed spectacularly; the seller paid $2.55 million in August 2023.
Listed: $3.895 million in February 2024.
Closed: $4.95 million.

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1320 PLAZA PACIFICA
Single-level, two-bedroom condo in Bonnymede.
Listed: $4.5 million in February 2024.
Closed: $4.5 million.

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229 MOHAWK ROAD
Impressive price for a non-view West Mesa house; it’s a new-build four-bedroom, two-and-a-half-bath house with a one-bedroom guest house.
Listed: $4.25 million in January 2024.
Closed: $4.1 million.

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3236 LAUREL CANYON ROAD
Another successful spec reno: Mission Canyon three-bedroom with ADU on the lower level.
Listed: $3.995 million in February 2024.
Closed: $3.995 million.

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3040 GIBRALTAR ROAD
From the listing: “REO Foreclosure Builder Investor Fix and Flip with income property potential. Live in or Rent out Guest House while finishing Construction. Incomplete new construction builder states approximately 80% completed. […] The Builder ran out of money during Covid restrictions and could not complete the buildout.”
Listed: $1.495 million in July 2017; the price changed 12 times over the years, most recently to $3.28 million.
Closed: $3.5 million.

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227 HOT SPRINGS ROAD
1952 four-bedroom sold off-market.
Listed: N/A.
Closed: $3.3 million.

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845 WOODLAND DRIVE
1957 four-bedroom in need of updating on Eucalyptus Hill; the seller paid $2.34 million in June 2022.
Listed: $3.595 million in November 2023, cut four times to $3.195 million.
Closed: $3.075 million.

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0000 CAMPANIL DRIVE
One-acre ocean-view lot across from the north end of Sea Ranch Drive.
Listed: $2.75 million in February 2024.
Closed: $2.75 million.

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And a few others worth checking out:
••• 4601 More Mesa Drive: $2.62 million.
••• 1224 Calle Cerrito: $2.26 million.
••• 970 Veronica Springs Road: $2.25 million.
••• 231 Constance Lane: $2.1 million (above).
••• 7 St. Ann Drive: $2.094 million (below).

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