Picacho Lane Spec Reno Sells for Over $30 Million

Last week’s sales….

595 PICACHO LANE
The seller of the 1933 house on 3.09 prestigious acres paid $12.363 million in November 2021 and turned it into a compound.
Listed: $36.5 million in September 2023, cut to $33 million after a month.
Closed: $30.243 million.

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1581 S. JAMESON LANE
Julia Louis-Dreyfus and Brad Hall sold their Miramar Beach house—two doors down from the Miramar Club—in an off-market deal.
Listed: $21.995 million.
Closed: $21.01 million.

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375 ORTEGA RIDGE ROAD
1986 house on 2.2 acres with a sweet view.
Listed: $12.8 million in January 2024.
Closed: $12.25 million.

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4300/4200 ROBLAR AVENUE
Two 20-acre lots, one with a sorta-Moroccan main house and a smaller house nearby.
Listed: $10.95 million in January 2023 (4300 Roblar alone came on the market for $8.6 million in October 2022).
Closed: $9 million.

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3455 MARINA DRIVE
Four-bedroom house split into a two-bedroom main house and a two-bedroom ADU on the stub of Marina Drive that’s not in Hope Ranch. (A.k.a. the one with the party potty in the backyard.)
Listed: $8.5 million in February 2024.
Closed: $8.275 million.

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4040 MARINA DRIVE
1992 Hope Ranch five-bedroom.
Listed: $9.475 million in May 2023, cut to $8.995 million after two months.
Closed: $8 million.

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900 TORO CANYON ROAD
1989 three-bedroom with guest house; the seller listed it a month after paying $5.05 million in May 2023.
Listed: $5.295 million in June 2023.
Closed: $5.1 million.

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4026 SAN MIGUELITO ROAD
425 acres with six-bedroom house southwest of Lompoc; notable for being marketed as “Space Ranch—where the future takes shape and exploration knows no limits! Nestled atop a mountain next to the Vandenberg Space Force Base […] a front-row seat to engage with humanity’s new frontier into the cosmos. [….] Just five miles from the launch pads, one mile from the deep space listening stations, and surrounded by clean energy wind turbines.”
Listed: $6.8 million in November 2020, with several subsequent price changes, both up and down.
Closed: $4.25 million.

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3427 CHUPAROSA DRIVE
1938 San Roque three-bedroom sold in nine days.
Listed: $2.395 million in March 2024.
Closed: $2.425 million.

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Comment:

One Comment

Christine!

The vomitorium on Roblar should be burnt to the ground with the architect glued to the entryway before they strike that golden match. Hideous! Whoever bought it best call Frank Palmer and get his heavy equipment out there PRONTO.

The San Miguelito home- what a beautiful area that was, before the wind farm & the doomful whirly things #visualpollution

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