Montecito Mansion With Observation Tower Sells for $11.5 Million

Last week’s sales….

465 HOT SPRINGS ROAD (ABOVE)
14,907-square-footer built in 1910 on 6.27 acres in prime Montecito.
Listed: $15.995 million in March 2022, cut twice to $12.9 million.
Closed: $11.5 million.

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281 SCHULTE LANE
5,386-square-foot four-bedroom with a lot of decor in Upper San Roque.
Listed: $4.995 million in July 2022.
Closed: $4.5 million.

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2260-2262 SAN MARCOS PASS ROAD
41 acres with two houses.
Listed: $3.95 million in June 2022.
Closed: $3.473 million.

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4296 RANCHO ASOLEADO DRIVE
1988 house in a gated community.
Listed: $3.495 million in August 2022, cut to $3.195 million a month later.
Closed: $3.1 million.

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2406 FOOTHILL LANE
1962 four-bedroom between Mission Canyon and Cielito.
Listed: $3.299 million in July 2022, cut twice to $2.75 million.
Closed: $2.495 million.

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975 PASEO LOS SANTOS
1992 three-bedroom.
Listed: $3.175 million in August 2022.
Closed: $2.4 million.

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1527 CRESTLINE DRIVE
Midcentury three-bedroom in Bel Air Knolls.
Listed: $2.395 million in October 2022.
Closed: $2.37 million.

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