1930s Picacho Lane Compound Sells for $2.5 Million Under Ask

Last week’s sales….

595 PICACHO LANE
8,354-square-foot house built in 1933 on 3.09 prime acres.
Listed: $14.9 million in July 2021.
Closed: $12.363 million.

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2815 EAST VALLEY ROAD
Four-bedroom house with a two-bedroom guest house.
Listed: $4.895 million in July 2017, and it’s been several prices since—the most recent was $4.425 million.
Closed: $4.15 million.

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220 HOT SPRINGS ROAD
Three-bedroom in the Coast Village part of Montecito.
Listed: $3.9 million in September 2021.
Closed: $3.8 million.

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66 HOLLISTER RANCH ROAD
Two-bedroom, one-bath house on a one-third share.
Listed: $3.25 million in July 2021.
Closed: $3.28 million.

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564 SANTA ANGELA LANE
Six-bedroom house built in 1954.
Listed: $3.595 million in June 2021.
Closed: $3.275 million.

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180 NOGAL DRIVE
1983 house in Hope Ranch Annex.
Listed: $3.395 million in June 2021, cut to $3.295 million and then $2.895 million.
Closed: $3.05 million.

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1826 LOMA STREET
Four-bedroom house with four one-bedroom apartments.
Listed: $3.245 million in August 2021, cut to $2.995 million a month later.
Closed: $2.92 million.

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And a couple others worth checking out:
••• 214 Salida del Sol: $2.4 million.
••• 201 Temple Street: $2.25 million (below).

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