E. Mountain Drive House Sells Off-Market for $17.5 Million

Last week’s sales….

1616 E. MOUNTAIN DRIVE
Off-market sale of a 2002 house on three acres. (Here’s a laugh: “Based on Redfin’s Montecito data, we estimate the home’s value is $5,402,034.”)
Listed: N/A.
Closed: $17.5 million.

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805 AYALA LANE (ALSO ABOVE)
1917 house on 12 acres (three of which are a landscape easement) in the Cold Spring area of Montecito. There’s a big building pad with broad views.
Listed: $23.5 million in April 2022, cut to $19.95 million.
Closed: $15.4 million.

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2001 LAS TUNAS ROAD
Lovely 2007 house on the Riviera.
Listed: $5.895 million in November.
Closed: $6.3 million.

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VALLEY CLUB ROAD
Off-market sale of a two-acre vacant lot; not sure of the address.
Listed: N/A.
Closed: $6.25 million.

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620 STONE MEADOW LANE
A project on a cul-de-sac off Picacho Lane.
Listed: $5.3 million in September 2022.
Closed: $5.8 million.

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2165 ALISOS ROAD
Off-market sale of a 1959 four-bedroom.
Listed: N/A.
Closed: $4.7 million.

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2310 SANTA BARBARA STREET
Grand 1917 house with four bedrooms.
Listed: $5 million in July 2022, cut to $4.795 million two months later.
Closed: 4.35 million.

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2233 CAMINO DEL ROSARIO
Off-market sale of east Montecito four-bedroom.
Listed: N/A.
Closed: $4.2 million.

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3059 SEA CLIFF
Yankee Farm fixer/teardown on 1.16 acres.
Listed: $3 million in November 2022.
Closed: $3.55 million.

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1003 SANTA BARBARA STREET #A
Funky house downtown.
Listed: $2.995 million in September 2021, removed a month later.
Closed: $3.210 million.

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487 HOT SPRINGS ROAD
Teardown compound on East Valley Road.
Listed: $2.9 million in November 2022.
Closed: $3.075 million.

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22 E. ISLAY STREET
1923 three-bedroom in the Upper East.
Listed: $2.495 million in November 2022.
Closed: $2.4 million.

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2540 VARLEY STREET
Summerland three-bedroom.
Listed: $2.395 million in October 2022.
Closed: $2.313 million.

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