Midcentury Style on Two Prime Montecito Acres

Noteworthy new listings….

Even though the 1956 house needs work—definitely surfaces and possibly more, seeing as how it hasn’t changed hands in nearly thirty years—555 Valley Club Road ($10.95 million) seems destined to find many interested buyers. The single-level floor plan is solid, and the 2.11-acre lot, in a highly desirable location, is Schwing City. P.S. The structure in the last photo is an observatory.


The sellers of 325 San Ysidro Road ($7.595 million) paid $4.66 million in October 2021 and redid everything, and aside from some overzealous bathroom choices, it’s a textbook example of how to make an unremarkable house appealing. I do wish that the front and back yard had more in common, but the herringbone brick terrace makes up for a lot.


A careful restoration could do wonders at 1718 Garden Street ($5.395 million), a 1905 Upper East house where the exterior appears to have been stripped of period detail, but much of inside has been left alone. It’d be a big project, though; the house is 4,815 square feet. P.S. Those red stairs!


Further up in the Upper East is 2314 Anacapa Street ($3.595 million), a 1929 Spanish house said to have four bedrooms and three-and-a-half baths. (The listing photos show two bedrooms and an office, which makes me fear the fourth is in the basement or worse.) The kitchen and baths could stand to be freshened up.


For sale by owner: 3350 Foothill Road ($4.5 million), 15 acres with a three-bedroom, two-bath house “designed and constructed for off the grid living and a self-sufficient lifestyle.” The ocean views are tremendous, but the architecture and interiors are uninspired.


And a few others worth checking out:
••• 3062 Lucinda Lane ($1.995 million): Upper San Roque three-bedroom with a how’d-that-happen roofline (above).
••• 1208 Bel Air Drive ($3.15 million): 3,844-square-foot Bel Air Knolls house in need of updating; in escrow almost immediately.
••• 800/802 Oak Grove Drive ($6.995 million for both, or $2.895 million and $4.295 million, respectively): Two lots, each around an acre, that form the shape of an hourglass; 802 has a fixer of a house.
••• 361 Hot Springs Road ($2.575 million): .89-acre vacant lot.
••• 1385 Oak Creek Canyon ($5.5 million): Attempted flip of 6.2 acres above E. Mountain Drive; the seller paid $3.625 million a year ago.
••• 1295 Spring Road ($3.595 million): Turnkey two-bedroom townhome—with elevator!—walkable to Butterfly Beach.
••• 125 La Plata ($2.295 million): Total fixer in a great Mesa location.
••• 1790 Eucalyptus Hill Road ($2.395 million): 1958 fixer with walls of windows to showcase the neat views (below).


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There are a number of very expensive homes listed on Padero Lane that don’t appear to be moving. Is there an issue with that street or with the pricing?

Erik Torkells

Houses at that price point ($20-$100 million) take a lot longer to sell, even in a hot market.