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
No address 6 11 10,000 $42,500,000 $4,250 7 days
No address 6 11 10,000 $42,500,000 $4,250 7 days
1368 E Mountain 8 9 11,351 $28,500,000 $2,510 106 days
650 Picacho 6 10 N/A $22,450,000 Unknown 68 days
1491 Edgecliff 3 3.5 N/A $19,995,000 Unknown 187 days
900 Knollwood 6 12 N/A $19,250,000 Unknown 93 days
765 Rockbridge 9 19 18,671 $16,975,000 $909 120 days
691 Picacho 7 8 6,394 $16,500,000 $2,580 69 days
1188 E Mountain 3 5 6,919 $16,250,000 $2,348 332 days
370 Ortega Ridge 4 5 N/A $15,995,000 Unknown 316 days
370 Ortega Ridge 4 5 N/A $15,995,000 Unknown 316 days
1569 E Valley 8 11 6,344 $15,500,000 $2,443 430 days
705 Riven Rock 5 8 10,044 $14,900,000 $1,483 167 days
956 Mariposa 5 7 8,716 $14,500,000 $1,663 31 days
2697 Sycamore Canyon 5 7.5 9,879 $14,500,000 $1,467 42 days
1050 Cold Springs 7 8 13,953 $11,950,000 $856 358 days
1050 Cold Springs 7 8 N/A $11,950,000 Unknown 359 days
3007 Vista Linda 6 8 N/A $10,900,000 Unknown 761 days
416 Meadowbrook 7 11 9,180 $9,995,000 $1,088 891 days
848 Park 5 5.5 N/A $9,975,000 Unknown 222 days
1270 Pepper 6 8 6,640 $9,950,000 $1,498 17 days
1954 E Valley 6 8 8,306 $9,850,000 $1,185 23 days
355 Ortega Ridge 5 6 5,231 $8,900,000 $1,701 198 days
760 Riven Rock 4 6 5,804 $8,750,000 $1,507 83 days
760 Riven Rock 4 6 5,804 $8,750,000 $1,507 89 days
Average: 4.2 5.0 4,958 $6,389,457 $1,243 149 days
Viewing 1 - 25 of 129
Viewing 1 - 25 of 129
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
1127 Hill 4 6 4,442 $13,000,000 $2,926 31 days
1690 San Leandro 3 3 N/A $7,495,000 Unknown 118 days
1167 Summit 5 8 5,743 $5,995,000 $1,043 297 days
625 Stonehouse 4 4.5 4,219 $5,250,000 $1,244 36 days
2694 Sycamore Canyon 4 5 5,881 $4,700,000 $799 158 days
698 El Rancho 3 2.5 N/A $3,900,000 Unknown 23 days
32 Hammond 3 3 3,243 $3,495,000 $1,077 85 days
723 Lilac 4 5 5,098 $3,200,000 $627 198 days
1211 E Valley 5 6 4,075 $2,999,000 $735 192 days
2866 E Valley 3 3.5 2,952 $2,895,000 $980 105 days
1388 Wyant 5 3.25 2,760 $2,295,000 $831 38 days
4 Sunrise Hill N/A N/A N/A $2,200,000 Unknown 1275 days
29 Via Alicia 4 3.5 3,975 $1,930,000 $485 94 days
1355 Santa Clara 3 3 1,757 $1,799,000 $1,023 15 days
Average: 3.9 4.2 3,877 $4,243,200 $1,068 186 days
Viewing 1 - 14 of 15
Viewing 1 - 14 of 15