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
1104 Channel Drive 5 9 N/A $32,000,000 Unknown 215 days
848 Hot Springs Rd 4 4 11,947 $29,000,000 $2,427 309 days
605/607 Cowles N/A N/A N/A $27,900,000 Unknown 9 days
605/607 Cowles 5 5 N/A $27,900,000 Unknown 9 days
296 Las Entradas 6 11 14,837 $26,500,000 $1,786 402 days
1395 Oak Creek Canyon 4 8 9,261 $21,500,000 $2,321 45 days
743 San Ysidro 6 8 8,577 $17,900,000 $2,086 22 days
1583 S Jameson 9 9 6,488 $17,900,000 $2,758 389 days
2692 Sycamore Canyon 7 12 N/A $16,898,000 Unknown 21 days
7200 Casitas Pass Rd 4 3.5 3,926 $16,500,000 $4,202 80 days
745 Ashley Rd. 4 3 N/A $15,975,000 Unknown 8 days
545 Toro Canyon 7 10.5 4,469 $14,900,000 $3,334 122 days
848 Picacho 5 8 7,270 $13,750,000 $1,891 547 days
1188 E Mountain 4 5 N/A $12,995,000 Unknown 325 days
167 Pomar 8 7 5,388 $8,000,000 $1,484 4 days
1098 Golf 5 4 4,759 $7,850,000 $1,649 10 days
2084 E Valley 6 5.5 6,027 $7,255,000 $1,203 22 days
797 Ashley 4 5 7,500 $6,695,000 $892 95 days
256 Las Entradas 6 8 8,716 $5,750,000 $659 4 days
1437 S Jameson N/A N/A N/A $5,575,000 Unknown 466 days
1351 Plaza Pacifica 3 3 2,157 $4,995,000 $2,315 59 days
3 Seaview 2 3 2,234 $4,995,000 $2,235 248 days
700 Riven Rock N/A N/A N/A $4,950,000 Unknown 129 days
1749 Glen Oaks 4 4 3,394 $4,650,000 $1,370 36 days
2109 Stratford 3 4 4,043 $4,595,000 $1,136 25 days
Average: 4.9 6.1 6,217 $11,563,272 $1,883 143 days
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Viewing 1 - 25 of 33
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
2845 Sycamore Canyon 8 12 18,302 $39,750,000 $1,762 113 days
700 Park 9 11 N/A $27,500,000 Unknown 116 days
942 Hot Springs 8 11 N/A $22,000,000 Unknown 105 days
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
1210 Channel 6 7 N/A $18,500,000 Unknown 27 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
650 Picacho 7 13 12,000 $17,500,000 $1,312 82 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
1260 E Mountain 5 8.5 13,231 $14,950,000 $1,112 83 days
900 Hot Springs 6 8 8,425 $14,900,000 $1,661 69 days
630 Hot Springs 5 6 5,788 $14,500,000 $2,246 109 days
1127 Hill 4 6 4,442 $13,000,000 $2,926 31 days
1569 E Valley 8 11 9,285 $12,950,000 $1,211 65 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
1050 Cold Springs 7 8 13,953 $11,950,000 $630 108 days
1050 Cold Springs Road 7 8 N/A $11,950,000 Unknown 108 days
1530 Mimosa 5 5.5 N/A $11,500,000 Unknown 164 days
860 Picacho 7 11 10,120 $11,300,000 $956 192 days
Average: 3.8 4.4 4,266 $4,636,592 $1,099 161 days
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Viewing 1 - 25 of 484