The Real Estate Market Shows No Signs of Slowing Down

Everything continues to sell—high, low, turnkey (often above ask), and not (often below). The county assessor’s online database hasn’t been updated in over three weeks, so more may yet come to light.

1564 RAMONA LANE
Lovely 1939 Harriet Moody house in the Hedgerow. Someone presumably paid to get out of the “3 year lease with a short term rental company.” Also, the listing says that the price included the furniture.
Listed: $6.599 million in December 2020.
Closed: $7 million.

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9525 CALLE REAL
The bargain of the year: 207 acres just west of the Ritz-Carlton Bacara—with limited allowable development, but still.
Listed: $30 million in July 2018, most recently $25 million.
Closed: $6.6 million.

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940 CANON ROAD
1950 four-bedroom in Hope Ranch with a guest cottage.
Listed: $3.75 million in December 2020.
Closed: $4 million.

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499 CROCKER SPERRY DRIVE
Split personality in Birnam Wood: contemporary exterior with a baroque interior.
Listed: $4.95 million in October 2019, subsequently cut three time still it was at $3.995 million.
Closed: $3.85 million.

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4002 CUERVO AVENUE
Hope Ranch five-bedroom built in 1950; first time on the market.
Listed: $4.65 million in January 2020.
Closed: $3.65 million.

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602 PARRA GRANDE LANE
1917 single-level sold off-market. The seller bought it in 2009 for $4.025 million.
Listed: N/A.
Closed: $3.525 million.

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475 BARKER PASS ROAD
Six-bedroom on busy street and could use updating.
Listed: $3.995 million in October 2020, then cut to $3.495 million.
Closed: $3.35 million.

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2081 N. SAN MARCOS ROAD
6,000 square feet on six acres up near Route 154 and “as seen on the ‘Real Housewives of Beverly Hills'” (or not, preferably).
Listed: $3.495 million in October 2020.
Closed: $3.2 million.

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1712 OLIVE STREET
Appealing spec reno of a 1933 house where the Upper East meets the Lower Riviera.
Listed: $2.6 million in November 2020.
Closed: $2.65 million.

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350 LAS ALTURAS ROAD
Fascinated to see how this one turns out, assuming the buyer plans on changing things….
Listed: $3.875 million in August 2019; cut three times till it was at $2.795 million.
Closed: $2.585 million.

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2326 WELLINGTON AVENUE
Cute 1936 three-bedroom just off State Street.
Listed: $1.6 million in January 2021.
Closed: $1.755 million.

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And a few others worth checking out:
••• 1745 Grand Avenue: $1.585 million (above).
••• 189 Hermosillo Drive: $1.9 million.
••• 866 Paseo Ferrelo: $1.72 million.
••• 411 San Roque Road: $1.29 million.
••• 884 Cheltenham Road: $1.1 million (below).

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