Montecito Real Estate Update - Latest Weekly Trend

February 2, 2023

Leading into the month of February, the Montecito market had two closings, along with two new listings. In addition, 2 sales went pending, and 1 property had a price reduction. There are currently 28 active listings available in Montecito.

New Listings:

• 900 Park Lane, a sleek and modern home that was recently renovated features walls of glass, tall ceilings, high-end finishes, and impeccable views of the ocean. The home consists of +/- 5,479 sq ft, and has 4 bedrooms, 7 bathrooms, two outdoor fireplaces, an infinity pool and luxurious gardens. Offered at $16,900,000.

• Back on the market after a short break, is 491 Pimiento Lane. This property is gated with an abundance of privacy, offering an extensively renovated 4 bedroom, 5 bathroom home with nearly +/- 4,553 sq ft. Unique to the market, the property has a bohemian-modern style, equipped with tile floors, a minimalistic and modern kitchen, bathrooms with sleek materials, and a large backyard with a swimming pool. Offered at $9,450,000.

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 23rd - January 29th

28 Active Listings

Listing & photo courtesy of Berkshire Hathaway & the MLS.

2 New Listings

Listing & photo courtesy of Berkshire Hathaway & the MLS.

2 Pending Sales

Listing & photo courtesy of Berkshire Hathaway & the MLS.

2 Price Reductions

Listing & photo courtesy of Village Properties & the MLS.

2 Closings

Listing & photo courtesy of Berkshire Hathaway & the MLS.

If you would like the same statistics for surrounding areas such as Carpinteria, Summerland, Santa Barbara, Hope Ranch & Goleta, please contact us!