Hot Off the Press
New Pending Sale: 501 Valley Club Road
Wow - 2 days on the market and in escrow!
After spending 196 days on the market from 2018-2019 with very little interest or showings, the owners of this stunning Montecito estate decided to take it off the market and just enjoy living there. Then they got out their paintbrushes and gave it a new look, put it back on the market last week, and were overwhelmed with showing requests! After multiple offers, they have gone into escrow.
The location, views, style and price made a compelling combination for today’s Montecito market.
PROPERTY HISTORY:
501 Valley Club Road previously closed in 2006 for $3,400,000. It was then listed in 2018 for $7,750,000 - it did not move after 196 days on the market and was taken off in 2019 after being reduced to $6,450,000. Trying their luck again with a 7.2% higher listing price of $6,950,000 just over a year later, after giving it a fresh look, it went into escrow in 2 days!
FEATURES:
• Listed for $6,950,000
• 5 Bed/ 5.5 Bath
• Built in 1999
• 6,339 Square Feet
• 1.86 Acres
Stunning, newly remodeled, Mediterranean architecture, dramatic mountain views, sparkling pool & spa, privacy, & extraordinary quality throughout – this house has it all. The moment you arrive at the impressive gated entry, you feel the character of this exceptional estate. 1.86 beautifully landscaped acres & over 6,300 sq ft of living space. An abundance of natural light & spaciousness combines wonderfully in the interior spaces: impressive new chef's kitchen opens to an outdoor dining terrace with stone fireplace & BBQ; stunning living room with fireplace; relaxing den/media room; master suite with fireplace, luxurious master bath, & dual walk-in closets; large wood-paneled office & generous first floor en-suite bedrooms. Newly painted, inside & out, this home is move-in ready. MUS.
