Golden Quadrangle Spec Reno Back for $3.5 Million More Than It Cost Eight Months Ago

Noteworthy new listings….

800 Hot Springs Road ($8.95 million) smells like a spec reno: the 1954 house was bought for $5.4 million last August in an off-market deal, so it’s hard to know how much has been done to the property. The walls of glass are nice, but two bedrooms share a bath and the overall feel is personality-free. That there’s no pool or guest house should go without saying—in this part of town, you have to pay well over $10 million for those nowadays.

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Built in 2010, 686 El Rancho Road ($7.75 million) has just three bedrooms but a bunch of other rooms: game room, office, bonus room, garage workshop…. In the pro column are ocean peeks and mountain views, soaring ceilings (if you’re into that) in the two main common rooms, and a lovely outdoor terrace; less appealing are the primary bedroom’s location right off the living room, the carpeting here and there, and the triangular lot with the front half taken up by motor court.

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The $3.7 million that 1485 Monte Vista Road ($5.2 million) sold for in February 2021 was impressive at the time. After being renovated to questionable effect, the house is back for $1.5 million more—and it’s already in escrow. Montecito Union School is one heck of a magnet.

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On a cul-de-sac jutting off upper Las Alturas, 17 Camino Verde ($3.85 million) is a 2010 Mediterranean in need of updating. The mountain views are lovely, as you’d expect in that location, and I love the cobblestoned motor court, even if it doesn’t really jibe with the architecture.

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The photographs of 395 Woodley Road ($5.295 million) really show off the staging—and whenever that many throws are visible, it’s definitely staging—but they don’t give much of a sense of the house, which is 3,107 square feet, with four bedrooms and three baths. It last sold for $2.347 million in September 2020, so this is conceivably another spec reno sitch. The wall-to-wall sisal makes me nervous about what’s underneath, and the architecture remains underwhelming.

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The best thing about the 1984 house at 4488 La Paloma Avenue ($5.3 million) on Pill Hill is the four-acre flag lot; also, there’s a three-bedroom guest house. It all requires attention, however. P.S. Two words come to mind whenever I see a carpeted bathroom: fingernail clippings.

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If you don’t need a lot of space, the 910-square-foot house at 2952 Ventura Drive ($1.75 million) in San Roque is pretty sweet. The listing says there are two-and-a-half baths, but the photos show three, so maybe the one in the guest house doesn’t technically exist.

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And a few others worth checking out:
••• 134 Loureyo Road ($2.5 million): Four-unit rental building in the Hedgerow fringe.
••• 611 Calle Palo Colorado ($1.699 million): Another San Roque charmer, but as the kitchen and bathrooms imply, the house hasn’t been on the market in 70 years.
••• 922 Fellowship Road ($2.15 million): 1952 Alta Mesa three-bedroom with some nice moments (above).
••• 202 Salida Del Sol ($2.395 million): Meh house but only one house away from Shoreline Drive and walkable to Thousand Steps Beach; bonus points for the teddy bear stained glass window.
••• 611 De La Vista Avenue ($1.595 million): Five bedrooms + two baths = commune.
••• 840 Cathedral Vista Lane ($2.995 million): “Located down a charming country lane”—yeah, at the corner of Foothill Road.
••• 627 Dolores Drive ($2.5 million): The architectural equivalent of conjoined twins (first photo below).
••• 1260 Northridge Road ($2.95 million): You don’t see a lot of rock walls anymore (second photo below).
••• 1215 Miracanon Lane ($3.975 million): Four million bucks to live four houses off Carrillo?!

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Comment:

2 Comments

Kjersti Powell

Those of us who lives on Pill Hill prefer to call it Mountain Ranch now

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Dianne Johnson

Hi there! Thanks for the shout out on Rancho La Paloma in the foothills! Please feel comforted in knowing that the carpeting in the house is brand new! (no clippings for you to worry about!) Also, the @4 acre parcel extends all the way to the lane and is not a flag lot. There is so much room to expand the possibilities for a country lifestyle conveniently close to town. Zoned one acre and allows horses. Thanks!

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