Shoreline Park Neighbor Sells for $8.5 Million

Last week’s sales….

1409 SHORELINE DRIVE
Oceanfront four-bedroom next to Shoreline Park. It was originally offered alongside neighboring 1413 Shoreline Drive (different owner, not oceanfront), in the hope someone would buy both, but only 1409 got snapped up.
Listed: $10.775 million in May 2022, cut four times to $8.995 million.
Closed: $8.5 million.

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605 COWLES ROAD, 607 COWLES ROAD, AND 621 COWLES ROAD
Off-market sale of a knoll-top compound on five acres behind Eucalyptus Hill. In March 2021, 605 and 607 Cowles were put on the market for $27.9 million; the price got cut to $23.5 million a month later, and it sold for $19.999 million in May 2021. A few months later, the word on the street was that the new owner would be tearing the half-built estate down and starting over; and the following summer, he/she picked up the adjacent property at 621 Cowles. But there must have been a change of heart, for the trio of lots—with a “partial built” estate—has just sold for $27 million.
Listed: N/A.
Closed: $18 million, $4.75 million, and $4.25 million.

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41 RIDGE VIEW ROAD
Off-market sale of spec reno by the Cove House folks, who paid $2.2 million in April 2023.
Listed: N/A.
Closed: $4.15 million.

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1708 PATERNA ROAD
1920 Riviera five-bedroom in the news a while back; the seller paid $2.7 million in late 2020.
Listed: $4.75 million in January 2021, raised twice to $5.759 million, relisted at $3.997 million.
Closed: $3.813 million.

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4673 SIERRA MADRE ROAD
Five-bedroom, three-bath house south of San Antonio Canyon Park.
Listed: $3.295 million in September 2023.
Closed: $2.995 million.

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98 LOMA MEDIA ROAD
1958 two-bedroom with guest apartment.
Listed: $2.675 million in October 2023.
Closed: $2.85 million.

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939 MISSION RIDGE ROAD
1958 two-bedroom on the back of the Riviera.
Listed: $2.25 million in October 2023.
Closed: $2.388 million.

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3603 CAPRI DRIVE
1960 four-bedroom in San Roque.
Listed: $2.2 million in July 2023.
Closed: $2.2 million.

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2516 STATE STREET
1977 two-bedroom between Constance and Quinto.
Listed: $1.985 million in September 2023, cut to $1.85 after a month.
Closed: $1.8 million.

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