Montecito House With Chardonnay Vineyard Sells for $12 Million

Last week’s sales….

1492 AND 1496 E. MOUNTAIN DRIVE
Six-acre lot in a prime location at the top of San Ysidro Road; there are two parcels—one with a 1956 house and the other with a Chardonnay vineyard—and the likely move is to scrape and start over.
Listed: $18 million in August 2023, cut to $15 million after two months.
Closed: $12 million.

·············

530 EASTGATE LANE
Pocket listing of French country two-bedroom on 1.42 acres in Birnam Wood.
Listed: $8.2 million.
Closed: $8.1 million.

·············

1641 EAST VALLEY ROAD
1954 house with ADU abutting Knowlwood Tennis Club.
Listed: $5.5 million in October 2023.
Closed: $5.46 million.

·············

400 HOT SPRINGS ROAD
The 1963 French Normandy four-bedroom that looks like it’s below street level; the seller paid $4.8 million in June 2022.
Listed: $4.995 million in October 2023.
Closed: $5.3 million.

·············

987 CHELTENHAM ROAD
Mission Canyon three-bedroom.
Listed: $2.2 million in October 2023.
Closed: $2.2 million.

·············

18 W. VICTORIA STREET #215
Off-market sale of renovated one-bedroom condo in the Alma del Pueblo complex; the seller paid $1.6 million in August 2021.
Listed: N/A.
Closed: $2.05 million.

·············

Love real estate? Sign up for the Siteline email newsletter.

Comment: