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
848 Hot Springs Rd 4 4 11,947 $29,000,000 $2,427 36 days
296 Las Entradas 6 11 14,837 $28,500,000 $1,920 129 days
1583 S Jameson 9 9 6,488 $17,900,000 $2,758 115 days
900 Knollwood 6 12 N/A $17,750,000 Unknown 381 days
945 Lilac 5 7.5 9,448 $16,995,000 $1,798 107 days
1188 E Mountain 3 5 N/A $13,995,000 Unknown 52 days
848 Picacho 5 8 7,270 $13,750,000 $1,891 274 days
956 Mariposa 5 7 8,716 $11,450,000 $1,313 319 days
2697 Sycamore Canyon 5 7.5 9,879 $10,900,000 $1,103 331 days
705 Riven Rock 5 8 10,044 $10,900,000 $1,085 456 days
1379 Oak Creek Canyon 5 9 8,353 $10,850,000 $1,298 75 days
735 Fuera 5 7 N/A $9,950,000 Unknown 35 days
1398 Oak Creek Canyon 6 7 7,130 $9,950,000 $1,395 76 days
2662 Sycamore Canyon 5 5 5,216 $9,875,000 $1,893 60 days
610 Cima Vista 6 8 8,572 $8,995,000 $1,049 68 days
1556 Miramar 2 2.5 N/A $8,400,000 Unknown 221 days
457 Eastgate 4 6 5,441 $7,995,000 $1,469 68 days
1684 San Leandro 4 5 7,552 $7,995,000 $1,058 107 days
830 Park 5 4.5 7,559 $7,995,000 $1,057 151 days
2600 Bella Vista 4 5 5,738 $7,950,000 $1,385 420 days
770 Ladera 3 3.5 4,079 $7,500,000 $1,838 96 days
854 Park 6 8 7,170 $6,995,000 $975 152 days
705 Oak Grove Drive 5 7 6,707 $6,495,000 $968 36 days
1845 East Mountain 6 7 5,227 $6,495,000 $1,242 71 days
915 Park 5 6 5,981 $6,150,000 $1,028 102 days
Average: 4.1 4.8 5,234 $5,931,309 $1,205 157 days
Viewing 1 - 25 of 84
Viewing 1 - 25 of 84
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 $909 409 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
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
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
860 Picacho 7 11 10,120 $11,300,000 $956 192 days
970 Brooktree 5 6.5 8,426 $10,500,000 $1,032 0 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
Average: 3.8 4.2 4,145 $4,358,618 $1,067 161 days
Viewing 1 - 25 of 326
Viewing 1 - 25 of 326