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 68 days
No address 6 11 10,000 $42,500,000 $4,250 68 days
848 Hot Springs Rd 4 4 11,947 $29,000,000 $2,427 4 days
1368 E Mountain 8 9 11,351 $28,500,000 $2,510 168 days
700 Park 6 9 N/A $27,500,000 Unknown 3 days
650 Picacho 6 10 N/A $22,450,000 Unknown 130 days
900 Knollwood 6 12 N/A $19,250,000 Unknown 154 days
765 Rockbridge 9 19 18,671 $16,975,000 $909 182 days
691 Picacho 7 8 6,394 $16,500,000 $2,580 130 days
1188 E Mountain 3 5 6,919 $16,250,000 $2,348 393 days
370 Ortega Ridge 4 5 N/A $15,995,000 Unknown 378 days
370 Ortega Ridge 4 5 N/A $15,995,000 Unknown 378 days
848 Picacho 5 8 7,270 $15,000,000 $2,063 46 days
2697 Sycamore Canyon 5 7.5 9,879 $14,500,000 $1,467 104 days
705 Riven Rock 5 8 10,044 $13,900,000 $1,383 228 days
1569 E Valley 8 11 6,344 $12,950,000 $2,041 491 days
956 Mariposa 5 7 8,716 $12,900,000 $1,480 92 days
308 Ennisbrook 4 4.5 3,129 $12,750,000 $4,074 21 days
904 Camino Viejo 5 6 6,725 $12,250,000 $1,821 133 days
1050 Cold Springs 7 8 13,953 $11,950,000 $856 420 days
1050 Cold Springs 7 8 N/A $11,950,000 Unknown 420 days
3007 Vista Linda 6 8 N/A $10,900,000 Unknown 822 days
121 Olive Mill 5 6.5 5,124 $10,750,000 $2,097 28 days
416 Meadowbrook 7 11 9,180 $9,995,000 $1,088 952 days
735 Fuera 5 6.5 N/A $9,950,000 Unknown 1 day
Average: 4.3 5.2 5,092 $6,965,894 $1,317 173 days
Viewing 1 - 25 of 123
Viewing 1 - 25 of 123
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
900 Hot Springs 6 8 8,425 $14,900,000 $1,768 27 days
760 Riven Rock 4 6 5,804 $8,750,000 $1,507 144 days
760 Riven Rock 4 6 5,804 $8,750,000 $1,507 151 days
540 Mclean 3 5.5 5,962 $5,295,000 $888 203 days
1147 Glenview 4 5.5 7,671 $4,500,000 $586 168 days
646 Romero Canyon 4 4 4,370 $3,950,000 $903 141 days
1077 Alston 4 4 N/A $3,495,000 Unknown 126 days
32 Hammond 3 3 3,243 $3,495,000 $1,077 147 days
820 Riven Rock 4 4.5 3,779 $3,295,000 $871 71 days
1156 Hill 4 4 N/A $3,175,000 Unknown 136 days
1211 E Valley 5 6 4,075 $2,999,000 $735 253 days
2275 Featherhill 5 2.5 N/A $2,295,000 Unknown 15 days
4 Sunrise Hill N/A N/A N/A $2,200,000 Unknown 1336 days
514 Parra Grande 2 3 N/A $1,895,000 Unknown 175 days
180 Sheffield 3 2.5 4,080 $1,675,000 $410 58 days
Average: 3.9 4.6 5,321 $4,711,266 $1,025 210 days
Viewing 1 - 15 of 15
Viewing 1 - 15 of 15