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Montecito Real Estate Update - Latest Weekly Trend

January 20, 2023

Last week, the Montecito market had a slight increase in inventory, with 28 active listings. Of those 28, there were 3 new listings, 1 sale went pending, and there were no closings.



New Listing:


  • Just a short distance to Rosewood Miramar Beach Resort and Miramar Beach, 160 Miramar Avenue is a lovely 4 bedroom, 3 bathroom home with +/- 2,696 sq ft. Features include vaulted ceilings, a large open floor plan, incredible lawns and fruit trees, and a pool and spa. 160 Miramar Avenue previously sold in August of 2021 for $4,174,332. It is now offered at $5,175,000.

  • 472 Santa Rosa Lane is a wonderful offering near Montecito’s Upper Village. This spacious home features 4 bedrooms, 3 bathrooms, and +/- 3,433 sq ft. Other features include tall ceilings, a large primary suite, and spacious lawns. Offered at $4,495,000.

  • 36 Seaview Drive is a 3 bedroom, 2.5 bathroom top-floor condominium within the gated community of Montecito Shores. The +/- 2,999 sq ft condo has both ocean and mountain views, and overlooks Hammond’s Beach. Features include a loft office, vaulted ceilings, a gourmet kitchen, a marble fireplace, and a wall of windows. Conveniently located near Montecito shopping, beaches, restaurants, and more! Offered at $7,750,000.



Are you interested in hearing about off-market opportunities in the Montecito area? Let’s connect! We have knowledge of off-market listings on a regular basis.



Market Recap: January 9th - January 15th


28 Active Listings


Listing & photo courtesy of Village Properties & the MLS.


3 New Listings


Listing & photo courtesy of Berkshire Hathaway & the MLS.


1 Pending


Listing & photo courtesy of Compass & the MLS.