Home of the Day: A grand chateau in Montecito for $34.5 million
Briefly

A wide lane paved with hand-cut Santa Barbara stone leads past cypress trees and rose gardens and through a grand archway arriving at this 18,671-square-foot residence known as the Chateau at Riven Rock. Encompassing more than seven acres, the sprawling grounds feature a swimming pool and spa, a tennis court, rolling lawns and a tea house/meditation area built over a pond.
About the area: The median sale price for single-family homes in the 93108 ZIP Code in April was $2.56 million based on 17 sales, according to CoreLogic. That represents a nearly 10% drop in median price compared with the previous year. Agents: Catherine Marcus and Suzanne Perkins, Sotheby's International Realty
Read at Los Angeles Times
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