A Montecito House Outpacing This Crazy Market

Last week’s notable closings….

788 SAN YSIDRO LANE
Back in March, when the five-bedroom 788 San Ysidro Lane sold for $12.6 million—$1.7 million over the asking price—the thinking was, well, that’s the premium being paid for turnkey. Now the buyer has decided to part with it (in an off-market transaction) for an even higher price. And the word on the street is that the new owner plans on a thorough renovation. Update: The house was actually gutted before selling for $13.25 million.
Listed: N/A.
Closed: $13.25 million.

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1885 JELINDA DRIVE
10,823-square-footer in Ennisbrook went for well below the seller’s expectations. It needs an overhaul but still, the buyer would seem to have gotten a deal. (Also pictured at top.)
Listed: $9.75 million in June 2021, cut to $7.995 million a month later.
Closed: $7 million.

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266 PENNY LANE
Ennisbrook five-bedroom in pretty good shape. (N.B. I love to say I told you so.)
Listed: $5.995 million in August 2021.
Closed: $6.9 million.

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610-618 CASTILLO STREET
Original Queen Anne house with new outbuildings.
Listed: $6.95 million in May 2021.
Closed: $6.85 million.

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4586 VIA MARIA
Off-market sale of three-bedroom off San Antonio Creek Road.
Listed: N/A.
Closed: $3.15 million.

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And a few others worth checking out:
••• 1910 Barker Pass Road: $2.9 million.
••• 1255 Silvestre Road: $2.65 million.
••• 810 Fawn Place: $2.57 million.
••• 207 Selrose Lane: $2.209 million.
••• 2435 Golden Gate Avenue: $2.202 million (below).
••• 118 Eucalyptus Hill Circle: $2.125 million.
••• 4014 Pala Lane: $2 million.

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