Montecito Luxury Real Estate Market Report

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Full of mystique and grandeur, history and beauty, Montecito, approximately eight square miles of hidden neighborhoods and expansive estates, has been the destination of choice for celebrities and the affluent for over one hundred years.

Located a couple of miles east of Santa Barbara, “Montecito”, which is Spanish for “little mountain”, first received attention from wealthy Easterners and Midwesterners, in the late 1800’s. These early settlers developed large & lavish estates. 

Today, Montecito offers many and varied options for residential living, such as an easy-care condominium just steps from the beach, a hidden cottage down a tree-shaded lane, as well as large estates on many acres, both old and new.

The pace of life here is unhurried, and it is easy to see why Montecito has become a desirable second home location for big city dwellers. Whether you’re a famous movie star or a curious traveler, you’ll find Montecito to be truly a lush paradise. 

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
670 Hot Springs 7 14 20,000 $59,900,000 $2,995 103 days
875/885 Park 10 14 19,001 $43,500,000 $2,289 0 days
1104 Channel 5 10 7,883 $38,500,000 $4,883 39 days
875 Park 7 10 15,431 $37,000,000 $2,397 0 days
595 Picacho 7 11 9,653 $36,500,000 $3,781 7 days
1260 E Mountain 5 8.5 13,231 $25,500,000 $1,927 77 days
3599 Padaro 5 5.5 5,540 $24,800,000 $4,476 246 days
1502 E Mountain 5 7 N/A $23,500,000 Unknown 84 days
1492 E Mountain N/A N/A N/A $18,000,000 Unknown 53 days
1492 E Mountain 4 5 4,475 $18,000,000 $4,022 67 days
1035 Alston 7 6 7,070 $16,850,000 $2,383 105 days
910 Buena Vista 5 7 5,773 $14,750,000 $2,554 176 days
167 Pomar 7 7 5,603 $12,800,000 $2,284 15 days
238 Miramar 5 5.5 N/A $11,850,000 Unknown 54 days
303 Meadowbrook 5 6.5 7,143 $11,495,000 $1,609 360 days
850 Romero Canyon 5 8 6,947 $10,995,000 $1,582 140 days
920 Hot Springs 3 2.5 3,109 $9,999,999 $3,216 482 days
1564 Ramona 5 6 4,710 $9,500,000 $2,016 85 days
2222 E Valley 5 6 5,098 $8,895,000 $1,744 165 days
680 Cowles 5 4 5,545 $8,495,000 $1,532 60 days
175 Miramar 4 4.5 2,858 $8,000,000 $2,799 98 days
448 Court 2 2.5 2,643 $7,995,000 $3,024 48 days
1975 Inverness 3 5 4,014 $7,995,000 $1,991 28 days
301 San Ysidro 3 3 3,391 $7,300,000 $2,152 155 days
1180 High 5 6 3,044 $6,495,000 $2,133 20 days
Average: 4.8 5.5 6,357 $13,986,105 $2,390 97 days
Viewing 1 - 25 of 38
Viewing 1 - 25 of 38
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
550 Freehaven 5 7 8,117 $21,750,000 $2,679 195 days
2170 Ortega Ranch 4 6 9,684 $15,450,000 $1,595 173 days
719 Lilac 5 5.5 N/A $9,500,000 Unknown 116 days
1074 Cold Spring 3 5 3,550 $8,950,000 $2,521 118 days
1274 Eleven Oaks N/A N/A N/A $6,700,000 Unknown 75 days
1274 Eleven Oaks 4 4 1,918 $6,700,000 $3,493 84 days
242 Ortega Ridge 3 3 2,911 $3,495,000 $1,200 19 days
465 B Hot Springs N/A N/A N/A $2,750,000 Unknown 328 days
465 A Hot Springs N/A N/A N/A $2,250,000 Unknown 328 days
981 Coyote N/A N/A N/A $650,000 Unknown 361 days
Average: 4.0 5.1 5,236 $7,819,500 $2,297 180 days
Viewing 1 - 10 of 10
Viewing 1 - 10 of 10
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
1741 Glen Oaks 5 8 9,905 $19,750,000 $18,500,000 $1,867 115 days 9/15/23
2957 E Valley 5 7 6,512 $17,600,000 $16,000,000 $2,457 68 days 9/8/23
1045 Cold Springs 5 6 5,958 $16,900,000 $15,900,000 $2,668 66 days 5/23/23
256 Las Entradas 6 8 8,716 $16,950,000 $15,585,000 $1,788 56 days 8/15/23
2692 Sycamore Canyon 7 9 9,701 $15,500,000 $14,350,000 $1,479 88 days 4/19/23
909 Lilac 4 8 5,641 $11,500,000 $13,300,000 $2,357 34 days 5/23/23
747 Via Manana 4 5 4,513 $9,995,000 $10,750,000 $2,382 53 days 7/18/23
2035 Creekside 6 9 6,698 $10,500,000 $10,250,000 $1,530 135 days 6/8/23
2035 Creekside 6 9 6,698 $10,500,000 $10,250,000 $1,530 135 days 6/8/23
1496 San Leandro Park 4 4 3,446 $8,950,000 $8,910,000 $2,585 0 days 7/17/23
1970 Lemon Ranch 3 5 4,958 $10,000,000 $8,848,000 $1,784 77 days 8/1/23
120 Summit 4 4.5 3,810 $7,385,000 $7,385,000 $1,938 0 days 7/2/23
549 Hodges 4 4 3,726 $6,850,000 $6,975,000 $1,871 22 days 5/8/23
2005 Birnam Wood 3 3 4,903 $6,950,000 $6,500,000 $1,325 122 days 6/13/23
1800 E Mountain 4 5 3,719 $6,450,000 $6,125,000 $1,646 23 days 7/21/23
790 Ayala 4 6 3,251 $6,200,000 $6,100,000 $1,876 83 days 5/16/23
1381 Plaza Pacifica 2 2.5 1,686 $4,995,000 $5,700,000 $3,380 20 days 5/26/23
166 Butterfly 4 3.5 2,358 $5,995,000 $5,700,000 $2,417 67 days 5/23/23
415 Meadowbrook N/A N/A N/A $6,295,000 $5,700,000 Unknown 126 days 6/1/23
2946 Hidden Valley 3 3 3,332 $5,550,000 $5,297,000 $1,589 141 days 9/28/23
279 Santa Rosa 3 3 N/A $5,575,000 $5,295,000 Unknown 97 days 5/23/23
900 Toro Canyon 3 3 2,536 $5,995,000 $5,050,000 $1,991 121 days 5/3/23
723 Via Manana 4 3.5 3,764 $5,450,000 $5,000,000 $1,328 254 days 5/5/23
1410 School House 3 2 2,116 $4,995,000 $4,995,000 $2,360 28 days 5/17/23
127 Loureyro 5 4.5 3,500 $5,385,000 $4,850,000 $1,385 55 days 8/22/23
Average: 3.8 4.0 3,560 $6,214,962 $5,984,084 $1,831 80 days
Viewing 1 - 25 of 53
Viewing 1 - 25 of 53
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