990 Mariposa Lane sold on Friday, April 19 with only 9 days on the market.

JUST SOLD! This magnificent ocean view Montecito home just closed on Friday, April 19 after only 9 days on the market. Congratulations to our sellers and the new buyers!

The home was newly constructed when it was purchased in 2016. The buyers paid $16 million with multiple offers, and then began a three-year remodel spending over $8 million. The property was offered as is in its current renovated condition for $12,500,000.

The single-level contemporary home is situated on approximately 2.73 acres with panoramic ocean views. Take advantage of Santa Barbara’s unique climate and quintessential indoor/outdoor living as this home brings the outdoors in through expansive living spaces, soaring ceilings, and large floor-to-ceiling French doors that open to panoramic views, modern loggias, an outside lounge with a pool retreat, and a private well.

There is an approx. 2,335 sq. ft. master bedroom suite with two baths, two closets, and an ocean view exercise room and office. There’s a second office nearby and two additional guest suites. The grand living room, club room with dining area, kitchen and breakfast room all enjoy panoramic ocean views.

The property was co-listed by Suzanne Perkins (DRE#01106512) and Ron Brand (DRE#01466064) of Compass in Montecito.