21-Acre Compound in Toro Canyon Sells for $9.25 Million

The week’s notable sales…. A couple of these closed earlier but haven’t been entered into MLS (yet?), so we had to wait till they showed up in county records.

450 LAMBERT ROAD
Twenty-one acres in Toro Canyon with an 1800s ranch house and a late-20th-century main house that needs updating.
Listed: $11.75 million in May 2020, then reduced to $9.95 million and $8.75 million.
Closed: $9.25 million.

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416 MEADOWBROOK DRIVE
9,180-square-foot Mediterranean on two acres in Ennisbrook.
Listed: $11.75 million in January 2017, then cut four times till it was $9.495 million.
Closed: $8.955 million.

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830 PARK LANE
Big villa on prestigious Park Lane.
Listed: $7.995 in January 2020, subsequently cut to $7.4 million.
Closed: $7.05 million.

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2900 EAST VALLEY ROAD
Off-market sale; the lot is 12 acres, and there’s a decent-size house visible on Google Maps satellite view.
Listed: N/A.
Closed: $6.9 million.

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705 OAK GROVE DRIVE
California-cottage style compound.
Listed: $6.495 million in May 2020, then cut to $6.345 million and raised to $6.845 million.
Closed: $6.845 million.

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1522 KNOLL CIRCLE DRIVE
Off-market sale of Eucalyptus Hill house.
Listed: N/A.
Closed: $5.5 million.

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850 SAN YSIDRO ROAD
Two-acre lot sold off-market; the seller paid $3.9 million just nine months ago.
Listed: $5.4 million.
Closed: $5.4 million.

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4015 MARIPOSA DRIVE
Big Hope Ranch fixer.
Listed: $6.295 million in September 2020, then cut three times to $5.495 million.
Closed: $5.3 million.

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650 STODDARD LANE
Four-bedroom house next to Cold Spring School.
Listed: $4.795 million in March 2017, then raised to $4.998 million in January 2019, and raised again to $5.129 million in July 2020.
Closed: $5.035 million.

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4395 VIA ESPERANZA
Lucrative flip in Hope Ranch: the seller paid $3.8 million in March 2020.
Listed: $4.95 million in February 2021.
Closed: $4.95 million.

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5 ROSEMARY LANE
Cute 1941 Moody Sisters house on a third of an acre on Ecualyptus Hill.
Listed: $3.995 million in March 2021.
Closed: $3.9 million.

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533 LAS FUENTES DRIVE
1993 three-bedroom in Birnam Wood.
Listed: $4.175 million in July 2020.
Closed: $3.786 million.

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222 ORTEGA RIDGE ROAD
2000 four-bedroom with great ocean views.
Listed: $3.595 million in February 2021.
Closed: $3.605 million.

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825 JIMENO ROAD
Off-market sale of 1939 Spanish-style house on the Lower Riviera.
Listed: $2.895 million.
Closed: $3.06 million.

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1135 HARBOR HILLS LANE
Alta Mesa four-bedroom that needs work.
Listed: $2.995 million in February 2021.
Closed: $3 million.

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And a few others worth checking out:
••• 1930 Emerson Avenue: $2.6 million (above).
••• 2117 Summerland Heights Lane: $2.45 million.
••• 2336 Bella Vista Drive: $2.3 million.
••• 1524 East Valley Road: $2.156 million (below).
••• 957 Via Los Padres: $2.037 million.
••• 2217 Mission Ridge Road: $2.03 million.
••• 2319 Wellington Avenue: $1.6 million.

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