Montecito Compound Sells for $14.5 Million, Doubling Value in a Year

Last week’s sales….

830 RIVEN ROCK ROAD
Six-bedroom house in Montecito for which the seller paid $7.3 million a year ago.
Listed: $14.95 million in February 2022.
Closed: $14.5 million.

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4689 VIA ROBLADA (ABOVE)
Hope Ranch five-bedroom with more style than you usually see in the neighborhood.
Listed: $13.9 million in January 2022.
Closed: $12 million.

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1890 JELINDA DRIVE
Pocket listing of Ennisbriook five-bedroom that last sold in December 2020 for $5.855 million.
Listed: $12 million.
Closed: $11.5 million.

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602 PARRA GRANDE LANE
Pocket listing of a three-bedroom house built in 1915.
Listed: $5.5 million.
Closed: $5.425 million.

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1530 WILLINA LANE
Hedgerow two-bedroom; listed April 11, closed two days later. The seller paid $2.2 million in January 2020.
Listed: $4.995 million in April 2022.
Closed: $5.4 million.

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1485 MONTE VISTA ROAD
Renovated three-bedroom was listed on April 5 and closed six days later. The seller paid $3.7 million in February 2021.
Listed: $5.2 million in April 2022.
Closed: $5.2 million.

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1440 IRVINE LANE
Off-market sale of three-bedroom above E. Mountain Drive.
Listed: N/A.
Closed: $5.05 million.
Update 4/24: I hear this was an intra-family transfer.

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1497 ISABELLA LANE
Three-bedroom townhouse in the Upper Village (but right on San Ysidro Road).
Listed: $4.25 million in April 2022.
Closed: $4.525 million.

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826 DOLORES DRIVE
1960 Mesa three-bedroom with a broad backyard pool area.
Listed: $3.75 million in March 2022.
Closed: $4.301 million.

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837 ARBOLADO ROAD
Off-market sale of a Riviera house that was initially listed by the owner in January for $3.58 million.
Listed: $3.58 million.
Closed: $3.45 million.

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And a few others worth checking out:
••• 543 1/2 Arroyo Avenue: $3.05 million.
••• 6290 Momouth Avenue: $2.625 million.
••• 2424 Calle Galicia: $2.5 million.
••• 2921 Serena Road: $2.45 million.
••• 5015 Whitney Court: $2.35 million.

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