Hotel-Like Hope Ranch House Sells for $18.15 Million

Last week’s sales….

4160 LA LADERA ROAD (ALSO ABOVE)
11,394-square-foot Hope Ranch contemporary.
Listed: $23 million in April 2021, cut three times to $18.995 million.
Closed: $18.15 million.

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695 VIA HIERBA
Hope Ranch four-bedroom with two-bedroom guest house, four-stall barn, and a hot tub big enough for everyone.
Listed: $11.9 million in August 2021, removed a couple of months later, then relisted at $12.5 million in June 2022.
Closed: $11.85 million.

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200 MONTECITO RANCH LANE
Unbuilt five-bedroom in Summerland. UPDATE: Word is that the buyer did some customization, which explains the price increase.
Listed: $7.95 million in October 2019.
Closed: $9.4 million.

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870 ARCADY ROAD
Midcentury house in need of rethinking.
Listed: $4.5 million in May 2022, cut to $4.1 million after two weeks.
Closed: $3.8 million.

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3992 MARICOPA DRIVE
Two houses on one lot near Bishop Diego Garcia High School; the seller paid $1.4 million in July 2019.
Listed: $2.875 million in June 2022.
Closed: $3 million.

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272 SHERWOOD DRIVE
Recently remodeled three-bedroom (a.k.a. the one with the upstairs front door); the seller paid $1 million in September 2021.
Listed: $2.395 million in June 2022.
Closed: $2.3 million.

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