Another strong week of closings in Montecito last week with six sales. 796 Hot Springs Road was the highest sale, closing for $11M (for those who are paying close attention, that is over $1M above its last list price of $9,950,000). But, that’s not all in the category of jaw dropping sale prices – 1180 Mesa Road was the talk of the town. This dated, single-level 2 bedroom/ 2.5 bathroom home on ⅓ of an acre sold for $4M – $1,125,000 over the asking price!
What happened in Montecito Last Week?
March 20th – March 26th
6 HOMES SOLD
5 LISTINGS WENT INTO ESCROW
4 NEW LISTINGS
2 PRICE CHANGES
FUN FACT: The highest priced property in Montecito currently is 631 Parra Grande Lane – listed at $39,995,000.
701 Linden Avenue | Offered at $8,950,000
That sums it up for last week!
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