Riviera Luxury Real Estate Market Report

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Bridging the 2 mile span that separates Mission and Sycamore Canyons, the sylvan uplift which padres knew as the “mission ridge” has for the past 65 years been known as “the Riviera” due to its resemblance to slopes along the Mediterranean coast of France and Italy. Santa Barbarians are lucky enough to live on this ridge attach premium value to their homes because of their unsurpassed views of the city, mountains, ocean, and islands.

The Riviera is famous for its semitropical appearance. The flowing curves at the west end of Alameda Padre Serra today mark the old streetcar right of way, the curves being essential to provide a gradient which electric cars could negotiate. 

One of the older and more stabilized neighborhoods in the city, the Rivera also ranks as one of the wealthiest and best-educated. “We know how lucky we are not to have to go to Europe to enjoy the Riviera life-style,” one cosmopolitan commented. “We’ve got a better Riviera right here in Santa Barbara.” 

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
1326 Hillcrest 4 6 4,819 $15,750,000 $3,268 99 days
1111 Mission Ridge 5 5 6,688 $9,250,000 $1,383 90 days
20 Camino Alto 4 5 N/A $7,999,000 Unknown 118 days
20 Camino Alto 4 5 4,090 $7,999,000 $1,955 118 days
1530 Franceschi 4 4 5,340 $6,850,000 $1,282 28 days
1326 Hillcrest N/A N/A N/A $5,000,000 Unknown 99 days
821 & 823 E Pedregosa N/A N/A N/A $4,500,000 Unknown 20 days
1493 Sycamore Canyon 5 6 5,909 $4,495,000 $760 124 days
1403 Alameda Padre Serra 4 3 2,971 $4,395,000 $1,479 20 days
1708 Paterna 5 4 3,216 $3,997,000 $1,242 17 days
1212 E De La Guerra 5 3 3,018 $3,495,000 $1,158 102 days
1322 Dover N/A N/A N/A $3,297,000 Unknown 76 days
845 Alameda Padre Serra 3 2 2,463 $2,950,000 $1,197 22 days
300 Loma Media 5 3 2,774 $2,695,000 $971 6 days
908 California 2 2 1,672 $2,250,000 $1,345 1 day
908 California 2 2 1,672 $2,250,000 $1,345 1 day
419 Alameda Padre Serra 6 5 N/A $1,895,000 Unknown 230 days
419 Alameda Padre Serra N/A N/A N/A $1,895,000 Unknown 231 days
130 Camino Alto N/A N/A N/A $1,850,000 Unknown 258 days
823 Via Granada 3 4 2,028 $1,795,000 $885 85 days
1131 Las Alturas 3 5 5,100 $1,180,000 $231 140 days
1131 Las Alturas 4 5 5,100 $1,099,000 $215 385 days
Average: 4.0 4.1 3,790 $4,403,909 $1,248 104 days
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Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
1810 Loma 3 2 2,132 $2,265,000 $1,062 13 days
739 Alturas Del Sol 4 3 2,917 $1,798,000 $616 179 days
1013 E Cota 3 1 989 $995,000 $1,006 27 days
Average: 3.3 2.0 2,012 $1,686,000 $894 73 days
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Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
20 Camino Verde 4 4.5 5,612 $8,875,000 $8,500,000 $1,514 155 days 4/7/23
2065 Mission Ridge N/A N/A N/A $6,000,000 $6,000,000 Unknown 26 days 8/8/23
1121 Las Alturas 5 5 4,549 $5,995,000 $5,575,000 $1,225 67 days 8/14/23
1403 Alameda Padre Serra 4 3 2,971 $4,599,000 $4,465,000 $1,502 187 days 6/7/23
1048 Las Alturas 4 4 3,823 $3,995,000 $3,900,000 $1,020 30 days 9/14/23
2150 Foothill 4 3 2,600 $3,795,000 $3,500,000 $1,346 17 days 8/1/23
624 Las Alturas 3 2 2,406 $2,885,000 $3,150,000 $1,309 48 days 8/18/23
210 Las Alturas 5 4.5 3,511 $3,445,000 $3,132,000 $892 0 days 9/19/23
929 Arbolado 3 3 1,495 $2,350,000 $2,800,000 $1,872 15 days 6/16/23
914 Medio 4 3 2,511 $2,895,000 $2,722,000 $1,084 63 days 8/25/23
519 E Pedregosa 4 2 2,172 $2,795,000 $2,630,000 $1,210 52 days 7/3/23
10 Rincon Vista 4 3.5 3,060 $2,895,000 $2,600,000 $849 48 days 4/19/23
810 Largura 3 2 2,479 $2,495,000 $2,550,000 $1,028 37 days 8/18/23
1111 Garcia 2 1 2,802 $2,799,999 $2,550,000 $910 73 days 4/26/23
1905 Mission Ridge 3 2 1,689 $2,195,000 $2,425,000 $1,435 20 days 8/8/23
34 Rubio 4 3 2,096 $2,500,000 $2,405,000 $1,147 92 days 9/8/23
620 Sierra 2 3 1,249 $2,100,000 $2,125,000 $1,701 21 days 5/4/23
1259 Dover 3 2 1,277 $1,695,000 $1,900,000 $1,487 45 days 4/11/23
504 Chiquita 3 1.5 1,239 $1,695,000 $1,700,000 $1,372 28 days 7/21/23
1752 1/2 Prospect 2 3 1,360 $1,695,000 $1,695,000 $1,246 65 days 8/18/23
1824 Grand 3 3 1,743 $1,749,000 $1,680,000 $963 79 days 6/7/23
919 N Alisos 2 2 730 $1,175,300 $1,305,443 $1,788 30 days 7/6/23
Average: 3.4 2.9 2,446 $3,210,149 $3,150,429 $1,281 54 days
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