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
670 Hot Springs 7 14 20,000 $74,000,000 $3,700 32 days
2535 Sycamore Canyon 10 10 N/A $72,500,000 Unknown 112 days
851 Buena Vista 7 14 12,168 $29,950,000 $2,461 83 days
560 Toro Canyon Park 6 10 10,261 $26,500,000 $2,582 88 days
1395 Oak Creek Canyon 4 8 9,261 $21,500,000 $2,321 194 days
2285 Bella Vista 4 6 7,794 $14,950,000 $1,918 73 days
595 Picacho 6 11 8,354 $14,900,000 $1,783 31 days
7200 Casitas Pass Rd 4 3.5 3,926 $14,500,000 $3,693 229 days
1188 E Mountain 4 5 N/A $12,995,000 Unknown 474 days
1010 Hot Springs 5 7 8,500 $12,000,000 $1,411 43 days
2069 China Flat 5 6 5,042 $8,500,000 $1,685 193 days
663 Lilac 4 8 N/A $7,950,000 Unknown 131 days
256 Las Entradas 6 8 8,716 $6,900,000 $791 34 days
400 Hot Springs 4 6 4,556 $6,495,000 $1,425 152 days
797 Ashley 4 5 6,000 $6,390,000 $1,065 244 days
2900 Sycamore Canyon 3 5 4,030 $6,250,000 $1,550 0 days
1123 Glenview 4 3 2,917 $5,995,000 $2,055 2 days
537 Hot Springs N/A N/A N/A $5,750,000 Unknown 94 days
1371 Danielson 4 3 2,288 $5,495,000 $2,401 38 days
3 Seaview 2 3 2,234 $4,295,500 $1,922 397 days
415 Meadowbrook N/A N/A N/A $3,700,000 Unknown 157 days
813 Ashley 4 3 3,587 $3,695,000 $1,030 26 days
412 Lemon Grove 3 4 N/A $2,650,000 Unknown 6 days
412 Lemon Grove 3 4 N/A $2,650,000 Unknown 6 days
2025 Creekside N/A N/A N/A $2,585,000 Unknown 38 days
Average: 4.4 6.2 6,697 $12,287,854 $1,931 115 days
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Viewing 1 - 25 of 31
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
1655 Fernald Point 5 8.5 7,986 $45,000,000 $5,634 0 days
2845 Sycamore Canyon 8 12 18,302 $39,750,000 $1,762 113 days
1104 Channel Drive 5 9 N/A $32,000,000 Unknown 227 days
700 Park 9 11 N/A $27,500,000 Unknown 118 days
296 Las Entradas 6 11 14,837 $26,500,000 $1,786 551 days
605/607 Cowles 5 5 N/A $23,500,000 Unknown 48 days
605/607 Cowles 5 5 N/A $23,500,000 Unknown 53 days
605/607 Cowles N/A N/A N/A $23,500,000 Unknown 73 days
605/607 Cowles 5 5 N/A $23,500,000 Unknown 73 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
743 San Ysidro 6 8 8,577 $17,900,000 $1,842 65 days
1583 S Jameson 9 9 6,488 $17,900,000 $2,466 425 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
745 Ashley Rd. 4 3 N/A $15,975,000 Unknown 69 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
Average: 3.8 4.4 4,285 $5,050,273 $1,160 154 days
Viewing 1 - 25 of 551
Viewing 1 - 25 of 551