Four Near $4.2… Million, that is
One price range I constantly find to deliver a high value for the price paid is the 4-to-5-million-dollar range. This week, four listings in the $4,200,000 range caught my eye as seeming to offer a lot of value for the current asking price. These four listings have all had recent price reductions, bringing them into the $4,200,000 range, and the value in size of home, amenities, and address are evident when compared to other listings. In this price range one can expect to find a home generally over 3,500 sq ft, perhaps a guest house, pool and/or views, a prime location, etcetera.
All homes featured here are in the Montecito Union School District.
210 Miramar Avenue: $4,200,000
This is an opportunity to own two antique barns that were originally built in the 1700s, brought over from Surrey, England and reconstructed on this private 1.35-acre property. There is nothing like this on the market in Montecito.
The garden was designed by landscape architect Tom Nielsen, and features stone and specimen tree-lined shade gardens created to honor all the seasons with surprise blossoms throughout the year. The L’Orangerie connects the two barns which makes an inspired and seamless tie between the living spaces. Asking price has been marked down from $4,750,000.
197 Tiburon Bay Lane: $4,249,000
This contemporary farmhouse (recently priced at $4,495,000) compound rests on a serene one acre +/- lot within the 40-acre Montecito Avocado Ranch. A circular motor court surrounds an island of white roses and leads to a yard with expansive lawns and mature trees, all served by a private irrigation well. There is a main residence of 4,100+/- sq ft as well as an 800 sq ft pool house, and a 3-car garage.
The home features gently-stained new oak floors, high ceilings, and an abundance of French doors. All guest suites are on the entry level, while the second level is dedicated to the master suite. The chef’s kitchen hosts abundant cabinetry, stainless appliances and a butler’s pantry. A pool, spa, and fruit trees complete this compound.
1570 San Leandro Lane: $4,250,000
This sprawling, single-level home is just a few blocks from Miramar Beach and offers 5,200+/- sq ft of living space on a level, ¾-acre lot. Light-filled rooms, mountain views, verdant gardens, and indoor/outdoor living spaces pay homage to the Southern California lifestyle. The home has four bedrooms, five full and one half bathrooms, a paneled study, a sitting room, and an open kitchen/family room.
The formal dining room is adjacent to the wine room that features a custom wine refrigerated storage unit. Expansive patios, low water usage gardens, and an abundance of skylights add additional appeal. Down from $4,750,000.
1399 School House Road: $4,295,000
This Japanese farmhouse style compound was completely gutted and remodeled recently and is located near Montecito Union School. The home includes five bedrooms, three and one half bathrooms and guest quarters on 1 +/- acre of gardens. Exotic plants, palms and succulents are dissected by numerous winding pathways and surround the pool that features custom tile to match the roof.
The kitchen is equipped with new appliances and is warmed by custom bamboo cabinetry. Air conditioning and over 3,600 sq ft of living space, privacy, prime location and a vacation home feel, add to the appeal, as well as new plumbing and electric connections to the street, replaced during the remodel. Down from $4,450,000.
For more information on any of these listings or to have me arrange a showing with the listing agents, please contact me directly, Mark@Villagesite.com or call/text 805-698-2174. Please view my website, www.MontecitoBestBuys.com, from which this article is based.
