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Montecito Real Estate Update - Latest Weekly Trend

July 3, 2023

The Montecito real estate market currently has 59 actively listed properties, 6 of which are newly listed, 1 property went pending, 3 properties closed, and 1 property coming soon.

Three of Our Favorite New Listings:

  • Exquisite, timeless, and romantic Mediterranean villa and detached cottage, 733 Knapp Drive, is nestled on a private road in the coveted Arcady estates offering breathtaking ocean and coastline views. Situated on approximately 1.19 +/- acres and featuring 5 bedrooms, 4.5 baths; this property offers a grand living room for cozy retreats or intimate gatherings, a gourmet kitchen with top-of-the-line appliances, and a spacious den with a wet bar. The property effortlessly blends indoor and outdoor living, allowing for a seamless transition between spaces. Offered at $9,975,000.

  • The ultimate Montecito experience at 1800 East Mountain Drive offers 4 bedrooms including a private primary bedroom suite plus office & sitting room occupying the main house, 2 additional bedrooms with exterior entrances & a spacious guest studio over the garage. This property offers a picturesque panorama, and great expectations are met & exceeded at this Montecito architectural masterpiece. Only moments to world-class hiking, biking, Montecito's Upper & Lower Villages, & the renown San Ysidro Ranch, this property is the ideal destination. Offered at $6,450,000.

  • A relist at a lower price, this estate located on one of the most coveted streets in Montecito nearby Butterfly Beach (but also near the cemetery), 940 Channel Drive, offers 4 bedrooms and 4 bathrooms. This home offers nearly 4,000 +/- of renovated interior living space with over a third of an acre of grounds. Offering Montecito's vacation lifestyle, with a successful history as a short-term vacation rental. The outdoor kitchen and meandering koi pond contribute to the estate's relaxing and quiet ambiance. Offered at $5,495,000.

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: June 26th - July 2nd

Listing & photo courtesy of Village Properties & the MLS.

Listing & photo courtesy of Berkshire Hathaway Home Services & the MLS.

Listing & photo courtesy of Village Properties & the MLS.

Listing & photo courtesy of Coldwell Banker & the MLS.

*Please note that these links expire in 90 days.*

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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