Noteworthy new listings….
I’m no fan of the nouveau Tuscan style of 4280 Via Esperanza ($11.211 million)—and heaven knows we’ve seen worse—but the house is 9,400 square feet and it appears to be in good shape. The price is aggressive given there’s neither an ocean view nor a guest house, but turnkey Hope Ranch is rare these days. N.B. The house sold for $8.6 million two years ago.
745 Lilac Drive ($6.995 million) is well off the road, with swell mountain views and a clean floor plan, if you’re OK with all the bedrooms upstairs (i.e., a family). I didn’t love how the house is wedged into the back of the triangular lot, embraced by its neighbor a bit too tightly for comfort, and I couldn’t shake the fear that once you start ripping out surfaces—and they all want to be redone—you might not like what you find underneath. For all that, in this market, the price is right.
The exterior of 1110 Via Del Rey ($4.195 million) calls to mind a timeshare complex, and the inside has some unfortunate choices, such as the concrete hearths and pretty much every inch of flooring. In its favor is size: five bedrooms and 5,800 square feet.
The 1911 house at 770 Coyote Road ($2.45 million) is a teardown, but the 4.73-acre lot is very appealing. Personally, I’d try to change the address, because who wouldn’t want to live on Banana Road?.
The 1922 house at 428 E. Islay Street ($1.375 million) needs a total redo, but there are hints of period charm.
The 40-acre White Lotus Foundation at 2529 San Marcos Pass Road ($8.75 million) is being marketed as suitable for “a wide variety of uses that may include private estate, art school, group retreat, meditation center, health spa, photography, educational center, etc. A rare 1952 conditional use permit nearly unattainable today, runs with the land and allows for business activities related to health, yoga the arts and more.” With the exception of the yurts, it’s difficult to imagine most of the existing buildings surviving under a new owner. P.S. At the risk of showing my age, I’m getting strong “Land of the Lost” vibes from the yoga cave.
730 Alameda Padre Serra ($2.795 million) is asking a hefty price considering it needs updating and it’s right on APS. Perhaps the views will carry the day.
And a few others worth checking out:
••• 101 Jorgensen Lane ($1.35 million): Attempted flip of a vacant 2.23-acre lot in Cielito; the seller paid $1.01 million in December.
••• 32 E. Valerio Street ($1.85 million): 1970s house at the corner of Anacapa.
••• 605 Willowglen Road ($2.45 million): Blue five-bedroom in San Roque.
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