Meg Ryan Sells Picacho Lane House for $5.7 Million Off the Initial Asking Price

Last week’s sales….

857 PICACHO LANE
Actress Meg Ryan bought the property—built by the late novelist Sue Grafton and her husband, Steve Humphrey, in 2010—in August 2021 for $9.5 million. She then gave it a beautiful makeover and listed it with an undisclosed address.
Listed: $22.5 million in February 2025, cut to $19.5 million a month later.
Closed: $16.8 million.

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790 BUENA VISTA DRIVE (ABOVE)
Romantic 1927 house by George Washington Smith.
Listed: $8.5 million in May 2025.
Closed: $8.5 million.

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4731 SAN ANTONIO COURT
Four-bedroom, three-and-a-half-bath house built in 1990, with pool house and resort-style grounds.
Listed: $4.995 million in April 2025.
Closed: $5.426 million.

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2041 DERMANAK DRIVE
Four-bedroom house and two-bedroom guest house on 5.25 acres between Solvang and Ballard.
Listed: $5.595 million in April 2025, cut to $4.85 million after five weeks.
Closed: $5.175 million.

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20 SEAVIEW DRIVE
Off-market sale of ground-floor two-bedroom condo in Montecito Shores.
Listed: N/A.
Closed: $4.205 million.

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2301 ANACAPA STREET
Upper East fixer on a corner lot (at E. Pueblo), with a two-story, one-bedroom guest house.
Listed: $3.34 million in April 2025.
Closed: $3.35 million.

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And a few others worth checking out:
••• 3956 Foothill Road: $2.855 million.
••• 4513 Atascadero Drive: $2.55 million.
••• 1040 May Court: $2.3 million.
••• 517 Carriage Hill Court: $2.085 million.

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