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
830 Picacho Lane 9 13 14,083 $44,995,000 $3,194 130 days
1104 Channel Drive 5 10 5,630 $38,500,000 $6,838 185 days
595 Picacho Lane 7 11 7,799 $33,000,000 $4,231 153 days
749 Fuera Lane 5 5 6,771 $20,085,000 $2,966 131 days
749 Fuera Lane 5 5 6,771 $20,085,000 $2,966 138 days
1775, 1779 & 1781 Glen Oaks Drive 6 4 4,555 $16,000,000 $3,512 41 days
375 Ortega Ridge Road 3 5 6,200 $12,800,000 $2,064 27 days
167 Pomar Lane 7 7 5,603 $12,800,000 $2,284 161 days
663 Lilac Drive 4 9 6,052 $12,500,000 $2,065 104 days
1946 E Valley Road 5 10 7,897 $11,950,000 $1,513 3 days
1514 E Mountain Drive 3 4 4,085 $11,750,000 $2,876 42 days
920 Hot Springs Road 3 2 3,109 $9,999,999 $3,216 628 days
3660 Toro Canyon Park Road 4 4 N/A $9,950,000 Unknown 91 days
1352-1362 Danielson Road N/A N/A N/A $9,500,000 Unknown 19 days
690 San Ysidro Road 5 8 4,308 $8,995,000 $2,087 132 days
2222 E Valley Road 5 6 5,098 $8,895,000 $1,744 311 days
2815 E Valley Road 6 6 4,757 $7,499,000 $1,576 91 days
1545 Ramona Lane 5 3 2,880 $7,495,000 $2,602 105 days
175 Miramar Avenue 4 4 2,858 $6,900,000 $2,414 244 days
975 Mariposa Lane 4 3 3,438 $6,895,000 $2,005 125 days
501 Hodges Lane 4 4 3,055 $6,750,000 $2,209 4 days
602 Parra Grande Lane 3 4 2,411 $6,200,000 $2,571 34 days
000 Pimiento Lane N/A N/A N/A $5,995,000 Unknown 164 days
000 Pimiento Lane N/A N/A N/A $5,995,000 Unknown 164 days
266 E Mountain Drive 3 5 N/A $5,695,000 Unknown 25 days
Average: 4.3 5.0 4,245 $9,206,795 $2,369 115 days
Viewing 1 - 25 of 44
Viewing 1 - 25 of 44
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
1530 Mimosa Lane 6 6 5,995 $16,500,000 $2,752 48 days
1564 Ramona Lane 5 6 4,710 $9,500,000 $2,016 80 days
433 Alcala Lane 3 3 3,700 $6,950,000 $1,878 45 days
454 Meadowbrook Drive 2 3 2,788 $5,750,000 $2,062 48 days
756 Hot Springs Road 4 3 4,034 $4,799,000 $1,189 301 days
Average: 4.0 4.2 4,245 $8,699,800 $1,979 105 days
Viewing 1 - 5 of 5
Viewing 1 - 5 of 5
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
550 Freehaven Drive 5 7 7,112 $21,750,000 $20,350,000 $2,861 198 days 10/6/23
1741 Glen Oaks Drive 5 8 8,892 $19,750,000 $18,500,000 $2,080 116 days 9/15/23
2957 E Valley Road 5 7 5,175 $17,600,000 $16,000,000 $3,091 69 days 9/8/23
2170 Ortega Ranch Lane 4 6 7,926 $15,450,000 $14,100,000 $1,778 174 days 10/4/23
1492 E Mountain Drive 4 5 4,475 $15,000,000 $12,000,000 $2,681 115 days 11/20/23
1492 E Mountain Drive N/A N/A N/A $15,000,000 $12,000,000 Unknown 101 days 11/20/23
930 Knollwood Drive 6 6 N/A $12,850,000 $11,500,000 Unknown 46 days 12/8/23
303 Meadowbrook Drive 5 6 7,143 $10,200,000 $9,650,000 $1,350 495 days 2/15/24
719 Lilac Drive 5 5 5,193 $9,500,000 $8,697,000 $1,674 144 days 10/31/23
530 Eastgate Lane 2 5 4,293 $8,200,000 $8,100,000 $1,886 0 days 11/21/23
1074 Cold Spring Road 3 5 2,644 $8,950,000 $7,695,000 $2,910 126 days 10/11/23
1975 Inverness Lane 3 5 4,014 $7,995,000 $7,550,000 $1,880 94 days 12/8/23
551 Crocker Sperry Drive 3 4 3,770 $7,500,829 $7,500,829 $1,989 0 days 10/24/23
1274 Eleven Oaks Lane 4 4 1,918 $6,700,000 $6,500,000 $3,388 86 days 10/6/23
1274 Eleven Oaks Lane N/A N/A 1,918 $6,700,000 $6,500,000 $3,388 78 days 10/6/23
1180 High Road 5 6 3,044 $6,495,000 $6,212,500 $2,040 65 days 11/17/23
301 San Ysidro Road 3 3 3,391 $6,850,000 $5,700,000 $1,680 68 days 1/2/24
160 Butterfly Lane 3 4 4,119 $5,495,000 $5,535,000 $1,343 49 days 12/15/23
2946 Hidden Valley Lane 3 3 3,332 $5,550,000 $5,297,000 $1,589 142 days 9/28/23
1365 Virginia Road 3 2 1,538 $4,795,000 $4,675,000 $3,039 66 days 1/12/24
2070 E Valley Road N/A N/A N/A $4,150,000 $4,300,000 Unknown 78 days 9/19/23
2070 E Valley Road 3 2 1,760 $4,150,000 $4,300,000 $2,443 97 days 9/19/23
925 El Rancho Road 4 4 2,400 $4,150,000 $4,200,000 $1,750 65 days 9/27/23
1330 Plaza Pacifica 2 3 1,678 $3,850,000 $3,695,000 $2,202 109 days 10/3/23
1330 Plaza Pacifica 2 3 1,678 $3,850,000 $3,695,000 $2,202 57 days 10/3/23
Average: 3.4 3.8 3,192 $6,575,234 $6,092,198 $2,091 110 days
Viewing 1 - 25 of 42
Viewing 1 - 25 of 42