Noteworthy new listings….
You get a lot for the money at 1142 N. San Marcos Road ($9.95 million): 10.24 acres with a five-bedroom house, stables for 22 horses, dressage arenas, “an extensively remodeled manager’s dwelling, spacious tack rooms, locker rooms, feed station, wash ties, offices, workshop and hay barn.” This ain’t exactly Hope Ranch, though: your nearest neighbor is Cascade Well & Pump.
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The apparent spec reno at 1560 La Vista Del Oceano Drive ($3.85 million), just above Cliff Drive, has striking moments and an ocean view. The seller bought the house for $1.73 million two years ago—that’s $2.12 million less than the current ask.
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How nuts is the Montecito market? We’ll see what happens with 400 Hot Springs Road ($6.495 million), a dated 1970 house on .75 acre right on busy Hot Springs Road. It would seem to be overpriced, except parents have been frothing to get their kids into Montecito Union School, right down the street.
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Why do agents trumpet a property as having never been on the market? Without fail, it means you’re looking at a project. Case in point: 1338 East Valley Road ($4.995 million), built in 2000 but coming off even older. The pool house has charm, though.
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Speaking of projects, 1215 Northridge Road ($4.75 million), way above San Roque, invites the question: was there a sale at the paint store? P.S. I’m not sure what’s going on in the last photo. A putting green?
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Another week, another Hope Ranch fixer: 4638 Via Roblada ($5.995 million), on two acres. The knock on Hope Ranch has always been that the housing stock isn’t as nice as the land. That may change if people keep buying these properties and fixing them up. P.S. Is that a bathtub?!
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Same goes for the even grimmer 1435 Estrella Drive ($4.895 million), on a less enticing 3.4-acre lot.
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Built in 1956 and surely added onto, 1075 San Antonio Creek Road ($4 million) is so big it looks like an entire townhouse community. It’s one of those Mediterranean-ish houses more likely to exist in California than Europe. P.S. The listing suggests you “graze the grounds”…?
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It’s easy to see how to make 1897 San Leandro Lane ($3.895 million), a 1968 Hedgerow house, more appealing by changing out surfaces. But with the three guest rooms sharing one bath, the floor plan is not for everyone.
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The fireplaces are the star of 2620 Las Encinas Road ($2.195 million), a mini compound near Rocky Nook Park.
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A cute 1924 bungalow, 508 E. Micheltorena Street ($2.295 million) is big—four bedrooms, three baths—for the Bungalow Haven District.
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The listing for the new 28 W. Figueroa Street ($3.25 million) explains the sitch: “This two-story property is currently permitted as commercial, but the owner is in the process of obtaining a permit for a residential use for the entire second floor (given the new City ordinance) which will allow for the creation of an amazing urban-loft-style suite with magnificent open floor plan consisting of Master Suite, kitchen, living room plus office/computer area.” It reminds me of Tribeca, where apartments converted from old industrial lofts tended to be long, narrow, and windowless in the middle.
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The interiors of 1164 Camino del Rio ($2.695 million), near the San Marcos Foothills Preserve, aren’t as wacky as the roofline, which is good; bonus points for the diving board.
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At the quirky eastern end of E. Canon Perdido is 1011 East Street ($1.695 million), a 1948 three-bedroom ready for a makeover. It’s already in escrow.
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Located between the Westside and Elings Park, 1530 Marquard Terrace ($1.595 million) is a 1932 house with period details an a sleeping loft out of “American Ninja Warrior.”
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And a few others worth checking out:
••• 1739 Clearview Road ($1.42 million): 1930 Westside cottage with nice details.
••• 2700 Holly Road ($1.995 million): Mission Canyon Mediterranean that needs updating.
••• 616 Fremont Place ($1.095 million): Attractively renovated Westside cottage.
••• 327 Pacific View ($1.759 million): Mesa house that’s not totally charmless, despite the impression given below.
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