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Montecito Real Estate Update - Latest Weekly Trend

May 4, 2023

Of the 31 properties for sale in Montecito last week, there were 3 listings new to the market. 4 sales went pending, 3 sales closed, and 1 property was listed as a “coming soon.”

New Listings:

  • Located in the Eucalyptus Hill neighborhood is 8 Cedar Lane, a +/- 1,819 square foot home with 3 bedrooms and 2 bathrooms. Upon entering, you’ll find a living room with tall ceilings, original oak floors, and a lovely primary bedroom with built-ins. Additional features include French doors that lead out to the gardens, and an exterior deck perfect for entertaining. Offered at $2,350,000.

  • 756 Hot Springs Road, a 4 bedroom, 3 bathroom, +/- 4,034 square foot home is located on a private lane in Montecito and sits on over one acre of land. The Mid-Century styled home has a living room with walls of windows, a large primary suite with a fireplace, and an expansive lower level that has the potential of being transformed into a gym, studio, or wine cellar. Additionally, the property has a finished guest cottage. 756 Hot Springs Road was previously listed on the market in July of 2022 before being cancelled. The property is now back on the market and offered at $4,997,000.

  • Built in 2008, 301 San Ysidro Road is a +/- 3,391 square foot modern home with 3 bedrooms and 3 bathrooms. Situated on ¾ of an acre, the property features tall ceilings and windows bringing in natural light. The spacious kitchen includes modern features and appliances. The outdoor space features an outdoor fireplace, a spacious patio space, a bocce court, and lovely mountain views. Offered at $8,300,000.

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: April 24th - April 30th

Listing & photo courtesy of Berkshire Hathaway & Sotheby's International Realty & the MLS.

Listing & photo courtesy of Compass & the MLS.

Listing & photo courtesy of Village Properties & the MLS.

Listing & photo courtesy of Berkshire Hathaway & Sotheby's International Realty & the MLS.

Listing & photo courtesy of Douglas Elliman & the MLS.

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


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