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
1620 Westerly Road 8 14 20,081 $64,500,000 $3,211 41 days
465 Hot Springs Road 9 14 13,560 $52,000,000 $3,834 41 days
1084 Golf Road 8 10 7,299 $33,500,000 $4,589 73 days
888 Lilac Drive 6 8 13,599 $29,995,000 $2,205 87 days
888 Lilac Drive 6 8 13,599 $29,995,000 $2,205 87 days
1360 E Mountain Drive 8 12 11,424 $27,000,000 $2,363 69 days
1640 E Mountain Drive 7 12 14,008 $26,000,000 $1,856 2 days
280 Las Entradas Drive 6 9 9,300 $22,850,000 $2,456 24 days
1502 E Mountain Drive 5 7 8,528 $21,900,000 $2,568 113 days
770 San Ysidro Lane 3 6 N/A $19,500,000 Unknown 23 days
890 Park Lane 4 5 7,649 $16,500,000 $2,157 51 days
1893 Eucalyptus Hill Road 4 6 6,314 $16,500,000 $2,613 90 days
910 Buena Vista Drive 5 7 6,835 $14,750,000 $2,158 66 days
843 Park Hill Lane 4 6 6,038 $14,200,000 $2,351 121 days
1682 E Valley Road 7 7 6,336 $13,995,000 $2,208 28 days
7200 Casitas Pass Road 4 3 3,926 $12,750,000 $3,247 107 days
849 Ashley Road 6 5 5,126 $12,650,000 $2,467 90 days
2125 Ten Acre Road 4 3 3,714 $11,200,000 $3,015 80 days
2220 Bella Vista Drive 4 6 4,073 $10,995,000 $2,699 14 days
3091 Hidden Valley Lane 4 7 6,902 $10,495,000 $1,520 29 days
238 Miramar Avenue 5 5 4,387 $10,250,000 $2,336 23 days
1514 E Mountain Drive 3 4 4,085 $9,950,000 $2,435 185 days
645 Olive Road 4 7 5,424 $9,500,000 $1,751 136 days
920 Hot Springs Road 3 2 3,109 $8,995,000 $2,893 771 days
1586 San Leandro Lane 4 5 3,821 $8,950,000 $2,342 43 days
Average: 4.2 5.0 4,816 $10,057,000 $2,295 106 days
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Viewing 1 - 25 of 76
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
680 Buena Vista Drive 8 11 8,425 $10,900,000 $1,293 44 days
Average: 8.0 11.0 8,425 $10,900,000 $1,293 44 days
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Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
1104 Channel Drive 5 10 5,630 $33,000,000 $30,250,000 $5,373 284 days 6/4/24
595 Picacho Lane 7 11 7,799 $33,000,000 $30,242,500 $3,877 190 days 4/3/24
749 Fuera Lane 5 5 6,771 $19,450,000 $17,425,000 $2,573 224 days 5/29/24
749 Fuera Lane 5 5 6,771 $19,450,000 $17,425,000 $2,573 231 days 5/29/24
1530 Mimosa Lane 6 6 5,995 $16,500,000 $16,500,000 $2,752 56 days 3/5/24
1983 Inverness Lane 3 3 N/A $15,900,000 $15,740,004 Unknown 0 days 6/29/24
1781 Glen Oaks Drive 6 4 4,555 $16,000,000 $14,470,000 $3,176 164 days 6/28/24
375 Ortega Ridge Road 3 5 6,200 $12,800,000 $12,250,000 $1,975 63 days 4/2/24
1946 E Valley Road 5 10 7,897 $11,950,000 $11,100,000 $1,405 112 days 6/14/24
303 Meadowbrook Drive 5 6 7,143 $10,200,000 $9,650,000 $1,350 495 days 2/15/24
521 Santa Rosa Lane 5 6 N/A $9,500,000 $9,300,000 Unknown 31 days 6/13/24
1569 E Valley Road 8 11 9,285 $9,000,000 $9,000,000 $969 0 days 5/30/24
3660 Toro Canyon Park Road 4 4 N/A $9,950,000 $8,675,888 Unknown 172 days 5/17/24
690 San Ysidro Road 5 8 4,308 $8,495,000 $8,400,000 $1,949 220 days 5/24/24
1839 E Mountain Drive 4 5 3,912 $8,350,000 $8,300,000 $2,121 30 days 4/25/24
1352-1362 Danielson Road N/A N/A N/A $8,995,000 $8,200,000 Unknown 98 days 5/15/24
1564 Ramona Lane 5 6 4,710 $9,500,000 $8,200,000 $1,740 102 days 3/19/24
2222 E Valley Road 5 6 5,098 $8,000,000 $7,700,000 $1,510 42 days 4/12/24
909 Park Lane 3 5 4,457 $8,300,000 $7,122,053 $1,597 46 days 6/4/24
433 Alcala Lane 3 3 3,700 $6,950,000 $6,550,000 $1,770 68 days 3/20/24
454 Meadowbrook Drive 2 3 2,788 $5,750,000 $5,950,000 $2,134 49 days 2/27/24
602 Parra Grande Lane 3 4 2,411 $6,200,000 $5,800,000 $2,405 56 days 3/19/24
170 Butterfly Lane 4 3 2,325 $6,195,000 $5,550,000 $2,387 50 days 5/28/24
1020 Ladera Lane N/A N/A N/A $5,500,000 $5,500,000 Unknown 0 days 6/26/24
1020 Ladera Lane N/A N/A N/A $5,500,000 $5,500,000 Unknown 132 days 6/24/24
Average: 4.0 4.5 3,978 $8,487,711 $7,951,565 $2,036 104 days
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Viewing 1 - 25 of 45