Another $75 Million in Real Estate Changed Hands This Week

Here are the notable sales from the past seven days. (And the $75 million in the headline doesn’t even include properties under $2 million.)

4305 MARINA DRIVE
10,143 oceanfront square feet in Hope Ranch.
Listed: $27.5 million in March 2020.
Closed: $25.373 million.

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956 MARIPOSA LANE
Nearly $6 million off the initial ask.
Listed: $14.5 million in July 2019, cut eight times till it was at $9.15 million.
Closed: $8.78 million.

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457 EASTGATE LANE
Chateau on the fourth tee of Birnam Wood.
Listed: $7.995 million in March 2020, reduced in November to $7.695 million.
Closed: $7.392 million.

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1491 BONNYMEDE DRIVE
Appealing three-bedroom on Eucalyptus Lane.
Listed: $5.495 million in October 2020.
Closed: $5.225 million.

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627 STONE MEADOW LANE
Midcentury architecture once again proves a major draw, selling for $1.35 million over ask.
Listed: $2.95 million in December 2020.
Closed: $3.985 million.

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974 PARK LANE
A fascinating conundrum of how to make the two structures cohere; the “main house” wants to be torn down.
Listed: $5.5 million in September 2016, most recently at $3.795 million.
Closed: $3.855 million.

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4131 CRESTA AVENUE
“Newly renovated,” says the listing of this Hope Ranch house.
Listed: $3.05 million in September 2020.
Closed: $3.04 million.

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812 DE LA GUERRA TERRACE
Closed in two weeks and $205,000 over ask.
Listed: $2.795 million in December 2020.
Closed: $3 million.

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1018 MONTE DRIVE
Hope Ranch fixer/teardown on the market for the first time in fifty years.
Listed: $2.575 million in November 2020.
Closed: $2.75 million.

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1626 MIRAMESA DRIVE
A.k.a the one with the weird entry.
Listed: $2.495 million in November 2020.
Closed: $2.535 million.

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And a couple more to bear in mind:
••• 4519 Via Maria: $2.3 million (above).
••• 4609 Via Gennita: $2.225 million.
••• 241 Los Alamos Avenue: $2.2 million (below).

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