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Sold for $6,375,000 · Dec 2019

SOLD

Listed at $6,495,000

Sold

707 PARK Lane, Montecito, CA 93108

Montecito, CA

MLS# 19496430

4,944 Sq Ft • Single Family Home5bd • 7ba
119 days on market

Listing Agent

Marsha Kotlyar

Listing Agent

Berkshire Hathaway HomeServices California

DRE #: 01426886

Brokerage: Berkshire Hathaway HomeServices California

Property Details

5

Bedrooms

7

Bathrooms

4,944 sqft

Square Feet

2019

Year Built

N/A

Lot Size

$1,289

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

Quietly tucked off prime Park Lane, behind hedges and private gates, is a newly constructed architectural villa that redefines Montecito fine living. Completed in 2019 by acclaimed firm Becker Studios, the home takes inspiration from coastal Mediterranean regions, with a harmonious blend of soothing & organic textures that weave old with new. Custom steel folding glass doors integrate the central great room with the peaceful outdoors. With four bedroom suites & a media room in the main home, the dreamy master bedroom soaks in every desire. High-end finishes extend to the detached cabana with a voluminous living room, a guest bedroom, kitchenette, & a spa-like bathroom. Sited on one lush acre with a swimming pool & spa, this estate will rival your favorite resort.

Listing description from the December 2019 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
CentralAir
View
Mountains

Sale history for 707 PARK Lane

2 recorded sales

$6,375,000
Sold December 2019 · listed $6,495,000, orig. $6,995,000, on market August 2019, 119 days on market · MLS #19496430 · Source: CRMLS
Listing Agent: Marsha Kotlyar · Listing Office: Berkshire Hathaway HomeServices California · Contact: 805-969-5026 · Bought with: Robert Riskin · Village Properties
$1,500,000
Sold April 2016 · listed $1,795,000, on market February 2016, 51 days on market · MLS #16980045 · Source: CRMLS
Listing Agent: Robert Riskin · Listing Office: Village Properties · Contact: 805-969-8900 · Bought with: Non member Out of Town · SY Non Member

How this sale compares

707 PARK Lane sold for $6,375,000 in December 2019, 1.8% under its $6,495,000 list price, after 119 days on the market. It was first listed at $6,995,000. That works out to $1,289 per square foot on 4,944 square feet. Across 30 closed sales in 93108 over the last 12 months, the median sold price is $6,596,500 and the median is $1,963 per square foot, 52% above this sale's $1,289.

$1,289
This sale, per sq ft
$1,963
93108 median per sq ft (12 mo)
$6,596,500
93108 median sold price (12 mo)
30
Closed sales in 93108 (12 mo)
119
Days on market
−1.8%
Sold vs. list price
QuarterClosed sales in 93108Median sold price
Q1 20264$4,330,000
Q2 202614$10,400,000
Q3 202610$6,750,000
Q4 20262$5,025,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Montecito · Homes for sale in 93108

Recent sales near 707 PARK Lane

Closed sales reported in 93108, nearest first, last 12 months. All recent sales in Montecito →

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