Park Lane House Sells for Nearly $6 Million Off the Initial Asking Price

Last week’s sales….

890 PARK LANE
7,649-square-footer on a prestigious Montecito street; the seller paid $5.35 million in 2019 and renovated away most of the exotic architectural flourishes.
Listed: $16.5 million in May 2024, cut three times to $10.9 million.
Closed: $10.54 million.

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1522 KNOLL CIRCLE DRIVE
Three-bedroom (or maybe four-) with pool deck and big views on Eucalyptus Hill.
Listed: $6.25 million in July 2025.
Closed: $6.2 million.

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1363 PLAZA PACIFICA
Oceanfront 911-square-foot one-bedroom in Bonnymede; the seller paid $3.499 million in May 2023.
Listed: $4.95 million in August 2025.
Closed: $4.25 million.

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4756 5TH STREET
“One-of-a-kind luxury wellness retreat”—a.k.a. a 1947 three-bedroom given a nice renovation—in Carpinteria.
Listed: $3.195 million in July 2025.
Closed: $3.32 million.

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1336 PLAZA DE SONADORES
Ground-floor two-bedroom in Bonnymede.
Listed: $2.95 million in August 2025.
Closed: $2.95 million.

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60 VEREDA CORDILLERA
1980 five-bedroom out near the Ritz-Carlton Bacara.
Listed: $2.799 million in August 2025.
Closed: $2.825 million.

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1740 CLEARVIEW ROAD
Four-bedroom, two-bath on the Westside.
Listed: $2.15 million in July 2025.
Closed: $2.375 million.

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