Mason Morfit's ValueAct Capital Acquires Montecito SFR For $9.2M

Located in Montecito, the property at 1188 Summit Rd. has been sold in a recent transaction. This single-family residence (SFR) spans across 7,749 square feet, offering ample space for its future owners. The sale price for this property was $9,200,000, resulting in a price per square foot (PPSF) of $1,187.

Summary of Transaction Details

• Property Type: Single-Family Residence (SFR)
• Transaction Amount: $9,200,000
• Square Footage: 7,749
• Price Per Square Foot: $1,187
• Address: 1188 Summit Rd.
• Market: Montecito

Mason Morfit, representing ValueAct Capital, has acquired this property. The transaction was facilitated by the Grubb Campbell Group and Emily Kellenberger from Village Properties acted as the buyer's representative in the deal. The involvement of these key individuals and companies added to the successful completion of this property sale in Montecito.