Long Wait Pays Off for Upper East Grande Dame

Last week’s sales….

2232 SANTA BARBARA STREET (ABOVE)
8,243-square-foot Upper East grande dame built in 1904.
Listed: $4.1 million in April 2017, then cut to as low as $3.595 million, relisted for $4.2 million, cut to $3.95 million, and relisted in August 2022 for $4.495 million.
Closed: $4.889 million.

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125 SANTA ISABEL LANE
Off-market sale of Montecito Oaks three-bedroom.
Listed: N/A.
Closed: $4.4 million.

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505 EL BOSQUE ROAD
1953 three-bedroom on East Valley Road.
Listed: $3.65 million in July 2022.
Closed: $3.5 million.

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585 LAS PALMAS DRIVE
Hope Ranch fixer.
Listed: $2.75 million in July 2022.
Closed: $3.3 million.

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1789 CALLE PONIENTE
New-build three-bedroom near Elings Park.
Listed: $2.995 million in July 2022.
Closed: $2.85 million.

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9 E. QUINTO STREET
Flip of an Upper East three-bedroom; the seller paid $2.425 million in March 2022.
Listed: $2.795 million in July 2022, cut to $2.715 million a month later.
Closed: $2.69 million.

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3007 SERENA ROAD
Samarkand four-bedroom.
Listed: $2.797 million in August 2022, cut to $2.595 million after eight days.
Closed: $2.605 million.

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1234 PLAZA DEL MONTE
1975 Westside four-bedroom with potential.
Listed: $2.495 million in August 2022.
Closed: $2.6 million.

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1921 EL CAMINO DE LA LUZ (BELOW) AND 1925 EL CAMINO DE LA LUZ
Adjacent 82-acre and .41-acre vacant lots on the side of a West Mesa bluff snapped up by the buyer of adjacent 1919 El Camino De La Luz.
Listed: 1921 was listed for $2.9 million in September 2021 (and possibly included 1925, as it wasn’t listed).
Closed: $1.615 million and $1 million, respectively.

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And a few others worth checking out:
••• 5586 Retorno Drive: $2.375 million
••• 5120 Cottage Drive: $2.1 million.
••• 1418 Almond Avenue: $1.95 million.
••• 1092 Toro Canyon Road: $1.65 million.

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