Megavilla Ripe for Makeover Sells for $16.25 Million

It was looking like a relatively slow week for sales until yesterday afternoon, when some big ones came in. And there are more on the way, judging from what I’ve seen on social media that has yet to hit the MLS. Moreover, the county assessor’s site hasn’t been updated in two weeks, so even more may bubble up in time. P.S. Note how many sold over ask; tight inventory is still squeezing prices upward, even down in the twos and far from Montecito.

1015 E. MOUNTAIN DRIVE
Twelve-thousand-square-foot villa built in 2002.
Listed: $16.95 million in October 2020.
Closed: $16.25 million.

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810 BUENA VISTA DRIVE
Big, boxy contemporary on 1.35 acres. That toilet….
Listed: $9.95 million in March 2020, then cut twice to $8.495 million.
Closed: $7.6 million.

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2123 FORGE ROAD
French-style house (with guest house) in Birnam Wood.
Listed: $4.75 million in February 2021.
Closed: $4.6 million.

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1777 SAN LEANDRO LANE
Highly Instagrammable Hedgerow compound.
Listed: $4.5 million in March 2021.
Closed: $4.589 million.

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1105 LAS ALTURAS ROAD
Four-bedroom house on the Riviera.
Listed: $4.375 million in April 2021.
Closed: $4.65 million.

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4601 VIA CLARICE
Off-market sale of three-bedroom house near San Antonio Creek.
Listed: N/A.
Closed: $2.825 million.

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16100 CALLE REAL
Seventy-six acres out by Gaviota, across the freeway from the water.
Listed: $3.95 million in February 2020, then cut twice to $3.49 million.
Closed: $2.8 million.

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520 LA MARINA DRIVE
Alta Mesa four-bedroom that could use updating.
Listed: $2.45 million in March 2021.
Closed: $2.581 million.

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316 NORTHRIDGE ROAD
Ranch house on 1.4 acres.
Listed: $2.095 million in March 2021.
Closed: $2.5 million.

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1660 SHORELINE DRIVE
1958 four-bedroom walkable to Thousand Steps Beach.
Listed: $2.395 million in February 2021.
Closed: $2.475 million.

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1790 LAS CANOAS ROAD
Cielito Mediterranean that wants updating.
Listed: $2.495 million in January 2021.
Closed: $2.415 million.

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1616 GRAND AVENUE
Sweet 1910 Craftsman on the Lower Riviera. The interior below is from an early listing; click the link above to see the power of a good staging and better photography.
Listed: $1.995 million in March 2020.
Closed: $2.4 million.

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715 N. HOPE AVENUE
Cute 1918 San Roque house.
Listed: $2.3 million in April 2021.
Closed: $2.4 million.

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And a few others worth checking out:
••• 330 Mohawk Road: $2.365 million.
••• 2431 Calle Galicia: $2.325 million.
••• 2340 Sycamore Canyon Road: $2.3 million.
••• 4063 Naranjo Drive: $2.01 million.
••• 727-747 Garden Street: $1.995 million.
••• 28 Rosemary Lane: $1.72 million (below).

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