Hope Ranch Hot Potato Sells for Fourth Time in Five Years

Last week’s sales….

2946 HIDDEN VALLEY LANE (ABOVE)
1984 three-bedroom on three acres.
Listed: $5.7 million in May 2023, cut to $5.5 million after two months.
Closed: $5.297 million.

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4200 MARINA DRIVE
Off-market sale of teardown on 3.77-acre lot in Hope Ranch; this is the fourth time the property has changed hands since 2019.
Listed: N/A.
Closed: $5.25 million.

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940 CHANNEL DRIVE
1965 four-bedroom across from the cemetery and the Montecito Sanitary District.
Listed: $6.495 million in June 2022, cut twice to $5.495 million.
Closed: $5.25 million.

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2627 CASPIA LANE
Four-bedroom in the Cottages at Summerland.
Listed: $3.995 million in September 2023.
Closed: $4.6 million.

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667 OAK GROVE DRIVE
1957 three-bedroom in Montecito.
Listed: $4.25 million in August 2023.
Closed: $4.425 million.

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925 EL RANCHO ROAD
Renovated four-bedroom abutting Hale Park.
Listed: $4.5 million in July 2023, cut twice to $4.15 million.
Closed: $4.2 million.

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218 E. PADRE STREET
1904 Upper East house with so many rooms.
Listed: $3.75 million in May 2023, cut to $3.495 million after two months.
Closed: $3.1 million.

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67 OLIVE MILL ROAD
Three-bedroom townhome.
Listed: $2.875 million in September 2022, cut to $2.8 million after a year.
Closed: $2.84 million.

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And a few others worth checking out:
••• 5556 Canalino Drive: $2.295 million.
••• 2505 Borton Drive: $2.17 million.
••• 1511 Santa Rosa Avenue: $2.05 million.

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