8,480-Square-Foot Mediterranean Sells for $12.25 Million

Last week’s sales….

869 KNOLLWOOD DRIVE
8,480-square-foot Mediterranean with four bedrooms (all en suite) in the main house and an apartment above the garage; needs a refresh throughout.
Listed: $12.25 million in January 2026.
Closed: $12.25 million.

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1383 SCHOOL HOUSE ROAD
Floops of a 1965 three-bedroom near Montecito Union School; the seller paid $5.75 million in September 2025.
Listed: $6.1 million in October 2025, cut to $5.95 million after two months.
Closed: $5.8 million.

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5344 RINCON BEACH PARK DRIVE
Oceanfront four-bedroom near Hobson Beach Park.
Listed: $5.495 million in April 2025, cut twice to $4.998 million.
Closed: $4.75 million.

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1429 SHORELINE DRIVE
On the bluff’s edge directly east of the Thousand Steps, a 1971 two-bedroom in the shape of a hexadecagon (16 sides), with the wedged-shaped rooms radiating around the center.
Listed: $6 million in June 2025, cut three times to $4.95 million.
Closed: $3.8 million.

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8105 BUENA FORTUNA STREET
Floops of a 1978 four-bedroom, two-and-a-half-bath in Rincon Point; the seller paid $3.1 million in January 2025.
Listed: $4.695 million in March 2025, cut five times to $3.45 million.
Closed: $3.45 million.

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1535 LOMA STREET
1950 fixer on California Street with huge views from the deck.
Listed: $1.695 million in January 2026.
Closed: $1.834 million.

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And a few others worth checking out:
••• 2415 Borton Drive: $2.3 million.
••• 4248 Encore Drive: $2.275 million.
••• 1477 Las Positas Place: $2.225 million.
••• 720 Circle Drive: $2.115 million.
••• 333 Palisades Drive: $2.035 million.

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