Contemporary Drop-Down in Toro Canyon

Noteworthy new listings….

I wouldn’t have thought the area around the big curve where East Valley Road turns into Toro Canyon Road would be hilly enough to support a drop-down house, but here’s 2985 East Valley Road ($4 million), where only the garage is at street level, and the rest sits below. Built in 2023, it fully embraces semi-industrial contemporary finishes like a chilly kitchen and concrete walls and floors, while also making room for a Santa Barbara sandstone fireplace in the primary bedroom. I haven’t seen the property in person, but I think it could work, although—and I say this as someone who likes concrete floors—you’re going to need bigger rugs. And there’s not one photo of the three bathrooms, which causes some concern that idiosyncratic choices were made.

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Once you get past the mousy facade of 1125 High Road ($5.75 million), there are intriguing midcentury moments throughout the 1956 house. There are also enough stairs and levels that I’d reconsider the toe-stubber of a hearth, and the kitchen and baths place this firmly in the spiffer-upper category. The Lower Village location remains white hot, with new listings extremely rare.

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