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 $4,250 160 days
No address 6 11 10,000 $42,500,000 $4,250 160 days
848 Hot Springs Rd 4 4 11,947 $29,000,000 $2,427 96 days
1368 E Mountain 8 9 11,351 $28,500,000 $2,510 260 days
700 Park 6 9 N/A $27,500,000 Unknown 95 days
650 Picacho 6 10 N/A $22,450,000 Unknown 222 days
900 Knollwood 6 12 N/A $17,750,000 Unknown 246 days
691 Picacho 7 8 6,394 $16,500,000 $2,580 222 days
848 Picacho 5 8 7,270 $15,000,000 $2,063 138 days
2697 Sycamore Canyon 5 7.5 9,879 $13,650,000 $1,381 196 days
705 Riven Rock 5 8 10,044 $12,900,000 $1,284 320 days
308 Ennisbrook 4 4.5 3,129 $12,750,000 $4,074 113 days
956 Mariposa 5 7 8,716 $12,495,000 $1,433 184 days
1398 Oak Creek Canyon 6 7 7,130 $10,900,000 $1,528 86 days
121 Olive Mill 5 6.5 5,124 $10,750,000 $2,097 120 days
715 Ladera 5 10 7,500 $9,650,000 $1,286 99 days
355 Ortega Ridge 5 6 5,231 $8,750,000 $1,672 351 days
1556 Miramar 2 2.5 N/A $8,400,000 Unknown 85 days
1237 E Mountain 5 5 N/A $8,290,000 Unknown 296 days
830 Park 5 4.5 7,559 $7,995,000 $1,057 15 days
1130 Garden 5 7 N/A $7,975,000 Unknown 309 days
2600 Bella Vista 4 5 5,738 $7,950,000 $1,385 285 days
1930 Jelinda 5 5.5 5,729 $6,995,000 $1,220 9 days
854 Park 6 8 7,170 $6,995,000 $975 16 days
1185 Fife 5 6 6,875 $6,950,000 $1,010 126 days
Average: 4.2 5.0 4,990 $7,042,290 $1,415 165 days
Viewing 1 - 25 of 86
Viewing 1 - 25 of 86
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
881 San Ysidro 7 11 9,454 $19,500,000 $1,724 322 days
1491 Edgecliff 3 3.5 N/A $18,950,000 Unknown 243 days
985 Hot Springs 6 6.5 9,535 $18,500,000 $1,670 411 days
710 Picacho 5 8 11,545 $17,900,000 $1,372 328 days
1803 Fernald Point 5 6 6,865 $17,500,000 $2,036 122 days
815-817* Romero Canyon N/A N/A N/A $17,150,000 Unknown 142 days
815 Cima Del Mundo 5 10 12,055 $17,000,000 $1,451 38 days
765 Rockbridge 9 19 18,671 $16,975,000 $909 274 days
900 Hot Springs 6 8 8,425 $14,900,000 $1,661 69 days
1127 Hill 4 6 4,442 $13,000,000 $2,926 31 days
1260 E Mountain 5 8.5 N/A $12,950,000 Unknown 672 days
1260 E Mountain 5 8.5 N/A $12,950,000 Unknown 672 days
1592 E Mountain 5 8 7,479 $12,900,000 $1,530 237 days
888 Cold Springs 5 6.5 N/A $12,750,000 Unknown 248 days
639 Hot Springs 3 2.5 4,995 $12,000,000 $2,402 0 days
860 Picacho 7 11 10,120 $11,300,000 $956 192 days
848 Park 5 5.5 N/A $9,975,000 Unknown 264 days
925 Lilac 5 6 7,388 $9,975,000 $1,150 217 days
764 San Ysidro 7 10 9,435 $9,900,000 $767 737 days
570 Meadow Wood 6 7 11,687 $9,750,000 $693 192 days
1735 Glen Oaks 9 12 8,884 $9,495,000 $940 91 days
1270 Pepper 6 8 6,640 $8,950,000 $1,295 140 days
803 Picacho 3 6 4,591 $8,900,000 $1,938 75 days
760 Riven Rock 4 6 5,804 $8,750,000 $1,326 153 days
760 Riven Rock 4 6 5,804 $8,750,000 $1,326 160 days
Average: 3.7 4.2 4,178 $4,412,037 $1,071 163 days
Viewing 1 - 25 of 282
Viewing 1 - 25 of 282