Big Hope Ranch Fixer Sells for $9.5 Million Off the Initial Asking Price

Last week’s sales….

4475 VIA ABRIGADA
Gracious 1963 architecture—around 6,000 square feet and nearly entirely single-level, with ocean and mountain views—on 5.5 acres in Hope Ranch. The seller paid $10.5 million in 2019, so the initial asking price was optimistic, since the property is a fixer. P.S. The hot tub must seat at least 16.
Listed: $22.5 million in September 2022, cut twice to $16 million.
Closed: $13 million.

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521 SANTA ROSA LANE
A successful floops of a lovely 2017 house in the Hedgerow that was recently renovated. The seller paid $9.3 million in June 2024.
Listed: $10.65 million in April 2025.
Closed: $10.1 million.

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1091 E. MOUNTAIN DRIVE
Uninspired 1965 house revamped with striking interiors. The seller paid $3.865 million in early 2022.
Listed: $8.2 million in April 2025.
Closed: $7.273 million.

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848 MIRAMONTE DRIVE
1992 Mediterranean three-bedroom atop TV Hill.
Listed: $6.995 million in January 2025, cut twice to $5.995 million.
Closed: $5.85 million.

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1595 MIRAMAR LANE
Floops of a Hedgerow three-bedroom for which the seller paid $4.7 million in November 2024.
Listed: $5.395 million in January 2025, cut to $5.1 million in April 2025.
Closed: $4.89 million.

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722 WOODLAND DRIVE
Eucalyptus Hill four-bedroom with Cima Linda Lane on the other side. The seller paid $3.433 million in November 2021.
Listed: $4.3 million in March 2025.
Closed: $4.37 million.

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2040 MISSION RIDGE ROAD
Adorable 1923 project on the Riviera.
Listed: $3.15 million in May 2025.
Closed: $3.8 million.

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921 EL RANCHO ROAD
Woodsy retreat on Hale Park. The seller paid $2.951 million three years ago.
Listed: $3.595 million in April 2025.
Closed: $3.65 million.

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98 LOMA MEDIA ROAD
1952 Riviera two-bedroom with an apartment over the garage. The seller paid $2.85 million in November 2023.
Listed: $3.45 million in May 2025.
Closed: $3.3 million.

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And a few others worth checking out:
••• 171 Alameda Padre Serra: $2.63 million.
••• 221 La Marina: $2.365 million.
••• 350 Chapala Street #301: $2.35 million.
••• 1080 Diamond Crest Court: $2.275 million.
••• 523 Santa Barbara Street: $1.9 million.

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