Chic New Construction Off Picacho Lane

Noteworthy new listings….

I haven’t seen 620 Stone Meadow Lane ($19.995 million) in person yet, but the photos make a strong case: the interiors manage to be both minimalist and warm, and the five-bedroom layout is single-level, with an appealing courtyard pool. The whole thing is chic—midcentury for the current century—in a way we don’t come across often in Montecito, and you truly could move in tomorrow. The $20 million question is the location: Stone Meadow Lane (and its sister street, Green Meadow Road) form a T-shaped micro-community off prestigious Picacho Lane, and while they surely benefit from the proximity, they have a relatively suburban feel. That’s changing, and quickly, but the lots will always be far smaller (under one acre) than at the estates nearby.

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Handsome finishes breathe new life into the 1974 four-bedroom at 1103 Camino Viejo Road ($6.499 million), and it’s very livable if you don’t mind the various sets of stairs, including a half-flight to reach the kitchen and dining room, and being on the north side of a slope, with the majority of the outdoor space in front. Access to Cold Spring School is a plus, and there are plans for an ADU up near the street.

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Don’t be put off by the columns at 2010 Birnam Wood Drive ($7.45 million): inside, the rooms are generously proportioned, with high ceilings. An interior designer could take it a long way. Rare for Birnam Wood, it has stairs—up to a flex room and down to the garage.

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The “European country manor” at 1486 Cantera Avenue ($8.995 million) in Hope Ranch could use a good defoofing, inside and out, the better to get out of the way of that view. I’m hoping to make it to today’s broker’s open, in which case I’ll add more thoughts here. UPDATE: It doesn’t need a defoofing so much as a general updating; the interiors feel suburban for the excellent setting.

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The 1956 house at 636 Oak Grove Drive ($4.795 million) will go fast, not because it’s turnkey (it’s not), but because the potential is obvious and hardly anything in Montecito comes online for under $5 million. That’s a bridge in the first photo—the driveway passes over a creek on its way to the house.

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About as perfect as a small San Roque house can be, 433 Paseo del Descanso ($3.295 million) looks great down to the smallest detail. There are technically three bedrooms, but one is a far likelier office and the other has built-in full-size bunk beds; also the garage has been converted to a family room. While the primary bedroom is tight, its bath is not.

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The 1,000 acres at 1000 Calle Real ($70 million) include 220 legal parcels, but developing them is no easy task, and credit to the listing for acknowledging as much: “Legal development rights were established in the late 20th and early 21st centuries, yet large-scale buildout repeatedly stalled as a result of economic cycles, land constraints, and resistance to development from environmental groups and the local community.” As a result, the owner is “now engaging with buyers whose vision aligns with the land’s history, legal reality, and future.” Assuming that $70 million is an opening bid, perhaps a dozen of our local gazillionaires could agree to pony up $5 million to buy and preserve it forever…? P.S. I walked some of the area a while back.

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Also worth checking out:
••• 1145 Alameda Padre Serra ($3.495 million): Floops of a 1968 four-bedroom with widescreen views; some updates have been made. The seller paid $3 million in April 2025.
••• 1803 Grand Avenue ($1.995 million): 1923 Lower Riviera fixer (below) with a two-bedroom house and a separate one-bedroom apartment.

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