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Montecito Real Estate Update - Latest Weekly Trend

November 9, 2023

The Montecito real estate market currently has 63 actively listed properties, 5 of which are newly listed, 3 closed properties, 2 pending properties, and 3 coming soon.

Four of our Favorite New Listings:

  • Welcome to 627 Stone Meadow Lane a newly rebuilt estate that offers 5 bedrooms, and 5 bathrooms. This single-level custom home was built using only fresh modern materials and is nestled at the top of a quiet and private cul-de-sac off Montecito's coveted Picacho Lane. The soaring ceilings at this modern home where indoor and outdoor living seamlessly integrate are an entertainer’s dream. An oversized living room with abundant natural light serves as the center of the home. Floor-to-ceiling pocket doors open to connect the living room to the ''California Room,'' an indoor-outdoor living area taken to the next level. Located in the Golden Quadrangle of Montecito, in Montecito Union School District, and near the Upper Village. Offered at $13,995,000.

  • 640 Ashley Road is on a quiet country road set on a +/- 1 acre just steps from the renowned Lotusland. This spacious 5100-square-foot single-level estate has sunny bedrooms and an expansive lower-level recreation area with an incredible wine room and bar. This property offers 5 bedrooms plus a guest bedroom in a luxurious 795 sq ft cabana, 6 full baths, 2 half baths, a covered patio with an outdoor fireplace, pool, spa, tennis court, and an entertaining area. Natural light beams into all the rooms overlooking the patio and lush gardens. A cozy, warm library/media room greets all with front patio garden views. A three-car garage, motor court, and abundant storage throughout add to the amenities. Close to both of Montecito's villages and convenient to restaurants, shopping, and Cold Spring Elementary School. Offered at $10,995,000.

  • 86 Seaview Drive offers gorgeous ocean & island views, which are enjoyed from this newly redone single-level condo at the beach. A sun-drenched, south-facing private terrace celebrates the unparalleled indoor/outdoor living perfected in this top-floor beach home. The great room has soaring cathedral ceilings that accentuate its feeling of spaciousness & light. The striking kitchen, with all Bosch appliances, features dramatic Thunder Marble for the counters, backsplash & ocean-view island. The primary suite has ocean & island views with terrace access. The large guest suite has a balcony, office area, walk-in closet & laundry. This exceptional beach home includes central AC, an attic for storage, luxurious wool carpet, and white Oak floors! A rare update/fresh find in Montecito Shores. Offered at $5,850,000.

  • This private and serene Montecito home at 900 Toro Canyon Road offers 3 bedrooms, and 2.5 baths. Nestled on approximately +/- 4 acres, this estate offers breathtaking ocean, island, and mountain views. The living room features exposed wood vaulted ceilings, built-in seating, an inviting fireplace, and sliding doors that connect to patios with ocean views, the pool area, and lush gardens. The dining room offers stunning ocean views and opens to beautiful patios. The kitchen boasts high-end appliances, mahogany cabinets, and an adjacent butler's pantry with convenient access to the outdoor dining area on the patio. A detached guest house offers 1 bedroom and 1 bathroom with high ceilings, large windows, and a kitchen. The grounds are meticulously landscaped with vibrant, impeccably maintained oak trees that filter the sunlight. Additional amenities include a glistening pool, built-in BBQ, fruit trees, and solar panels. This sanctuary is a graceful and peaceful retreat conveniently located to beaches, dining, and shopping. Offered at $5,295,000.

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: October 30th - November 5th

Listing & photo courtesy of The Agency & the MLS.

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

Listing & photo courtesy of Compass & the MLS.

Listing & photo courtesy of Berkshire Hathaway Home Services & 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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