Park Lane Supertuscan Sells for $36.8 Million

Last week’s sales….

875/885 PARK LANE
Telecom billionaire Craig McCaw finally sold his 14,200-square-foot Supertuscan with guest house, pool cabana, and tennis court, on 3.31 very prime acres. The buyer appears to have gotten the four-bedroom house next door as part of the deal.
Listed: $43.5 million (for both 875 and 885 Park Lane) in October 2023; 875 Park Lane was listed separately for $37 million.
Closed: $36.8 million.

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900 PARK LANE WEST
Cubist five-bedroom way up the hill in Montecito.
Listed: $8.495 million in November 2021; relisted at $7.95 million in July 2023, cut twice to $7.49 million.
Closed: $6.78 million.

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1511 ALAMEDA PADRE SERRA
3,720 square feet, with the primary bedroom on the main entry level; below, there’s a swell pool and a yard.
Listed: $3.995 million in January 2024.
Closed: $4.25 million.

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2561 GOLDEN GATE AVENUE
Summerland rarity: a house with a pool.
Listed: $3.95 million in June 2023.
Closed: $3.7 million.

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2275 ALAMO PINTADO ROAD
Three-bedroom California cottage spec reno outside Los Olivos; the seller paid $1.7 million in December 2022.
Listed: $3.485 million in November 2023, cut twice to $3.195 million.
Closed: $2.99 million.

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5634 CIELO AVENUE
1963 Goleta four-bedroom on half an acre.
Listed: $2.995 million in July 2023, cut twice to $2.499 million.
Closed: $2.555 million.

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