Natalie Portman Sells 10-Acre Montecito Property for Healthy Profit

The local real estate market is even hotter than it was six months ago: everything is selling, often going into escrow before officially being listed and selling above ask with a quick close. So if you think you might want to sell—and you have somewhere else to live—now is the time. You can always insist on leasing your house back for a few months….

705 TORO CANYON ROAD
Actress Natalie Portman paid $6.5 million for the Barton Myers–designed house in mid-2017. This sale happened off-market.
Listed: N/A.
Closed: $8 million.

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1630 E. MOUNTAIN DRIVE
Nearly 10,000 square feet, way above E. Mountain Drive. There was a time when the fire risk would’ve scared people more….
Listed: $22 million in November 2020.
Closed: $19.385 million.

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849 SAND POINT ROAD
2011 Cape Cod on two-plus beachfront acres in Carp.
Listed: $14.249 million in November 2020.
Closed: $12.75 million.

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830 ROMERO CANYON ROAD
Pretty house on 1.7 acres, but two years ago this would’ve gone in the sixes.
Listed: $7.995 million in January 2021.
Closed: $8.479 million.

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4277 CRESTA AVENUE
1980s mansion in Hope Ranch. I still love the shape of that pool but trust me when I say that in this climate, it’s far preferable to have a pool you can cover—because without one, you’ll pay through the nose to heat the pool.
Listed: $7.5 million in November 2020.
Closed: $6.8 million.

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677 EL BOSQUE ROAD
Off-market flip; the sellers, who paid $5.45 million in September, traded up for a house with a view.
Listed: N/A.
Closed: $5.75 million.

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1020 VIA TRANQUILA
Hope Ranch Mediterranean that needs updating.
Listed: $4.25 million in September 2020.
Closed: $4 million.

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2984 ARRIBA WAY
Mission Canyon midcentury spec reno; the seller paid $1.71 million in March 2019.
Listed: $3.259 million in November 2020.
Closed: $3.264 million.

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950 ANDANTE ROAD
1965 house with appeal (and sexy cabinet pulls).
Listed: $3.1 million in January 2021.
Closed: $3.2 million.

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7350 SHEPARD MESA ROAD
Mediterranean in outermost Carp with a master bedroom that looks like you could bowl in it.
Listed: $3 million in January 2021.
Closed: $3.05 million.

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And a few others worth checking out:
••• 116 Arroqui Road: $2.715 million (below).
••• 165 La Vista Grande: $2.7 million.
••• 3758 Lincolnwood Drive: $2.13 million.

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