Montecito's Sweet Spot !
Latest Montecito Sale: 857 Picacho Lane
In the heart of Montecito’s Golden Quandrangle, 857 Picacho has just closed escrow at $5,432,650 after starting out asking $8.5M almost a year and a half ago. Built in 2010 by DD Ford, this home offers quality, elegance and a stunning view over the Pacific. What more could you want?
PROPERTY HISTORY:
This was the first time 857 Picacho Lane has sold since it was built in 2010. It was on the market for 380 days, selling for 36% less than its original asking price.
FEATURES:
• Sold for $5,432,650
• Last list price: $5,700,000
• 5 Bed/ 5.5 Bath
• Built in 2010
• 6,181 Square Feet
Gracefully tucked away on two interior hillside acres, off the esteemed Picacho Lane, this stately compound mixes Southern California living with Southern hospitality. A long, gated driveway leads past manicured oaks, specimen fruit, and ornamental trees to a sprawling motor-court, the approximately 5,790sf main residence and a detached three car garage with spacious 800sf guest house above. Built in 2010 by DD Ford, the attention to detail and careful choice of materials emits a timeless elegance not to disappoint. Entry foyer w/ access to 2 entry level bedroom suites & the main entertaining rooms that seamlessly lead into each other. Chef's dream kitchen w/ marble countertops & spacious pantry, formal living & adjoining dining rooms w/ fireplace.
