The luxury real estate market in Montecito continues to show momentum as a sprawling estate on San Ysidro Lane hit the market for $12 million.
The property’s asking price has more than doubled since it last sold in 2012, according to a listing on Redfin. The home sold for $5 million in 2012, marking a whopping 140% jump over the past 14 years.
Designed by architect Jon Sorrell, the estate was built in the tradition of George Washington Smith’s iconic Spanish Colonial Revival style…