Last week’s sales….
285 OLIVE MILL ROAD
New-build four-bedroom at the corner of Olive Mill and Hot Springs (across from Casa Dorinda).
Listed: $11.695 million in August 2026.
Closed: $11.25 million.
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2740 ONTIVEROS ROAD
1996 compound on 10 acres between Los Olivos and Ballard; the seller paid $5.5 million in October 2024.
Listed: $7.995 million in July 2026.
Closed: $7.6 million.
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16 SEAVIEW DRIVE
Off-market sale of a Montecito Shores two-bedroom condo.
Listed: N/A.
Closed: $5.85 million.
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3165 EUCALYPTUS HILL ROAD
1980 four-bedroom, three-and-a-half-bath near Sycamore Canyon Road; the lot is .93 acre and has a well.
Listed: $4.795 million in April 2026, cut twice to $4.495 million.
Closed: $4.25 million.
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3884 OAK TERRACE
One of six new houses in the works west of San Roque.
Listed: $4.007 million in June 2026.
Closed: $4.007 million.
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1712 PAYERAS STREET
Off-market sale of a 1958 house abutting Cliff Drive in unknown condition.
Listed: N/A.
Closed: $3.2 million.
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1225 BEL AIR DRIVE
1980s colonial in Bel Air Knolls with curb appeal but only two and a half baths for the five bedrooms.
Listed: $3.395 million in July 2026.
Closed: $3.128 million.
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And a few others worth checking out:
••• 33 Loma Media Road: $2.9 million.
••• 460.5 El Cielito Road: $2.42 million.
••• 333 Conejo Road: $2.35 million (below).
••• 518 E. Islay Street: $2.3 million.
••• 1529 De La Vina Street: $1.9 million (further below).
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My family lived in that Bel Air Knolls Colonial in the 90’s. We were told that the original builders used the exact blueprints from a house in the southeast regardless of what made sense for the property here in SB. Hence fewer bathrooms than would be expected and the best views being given to a non-master bedroom (which was my bedroom, so I didn’t mind!).