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Montecito Real Estate Update - Latest Weekly Trend

November 15, 2023

The Montecito real estate market currently has 56 actively listed properties, 3 of which are newly listed, 1 closed property, 3 pending properties, and 3 coming soon.

Three New Listings:

  • This estate at 663 Lilac Drive is set on +/- 2 acres of gardens, with beautiful ocean views. The property offers a 3-bedroom main house and a Moody Sister-style 1-bedroom guest house in the woods surrounded by nature. A refreshed treehouse, a crescent-shaped pool with an in-pool spa, and a wisteria-covered pergola with a BBQ grill and a mini refrigerator can all be found in an entertainer's dream backyard. Located in the Golden Quadrangle of Montecito, in Montecito Union School District, and near the Upper Village. Offered at $12,500,000.

  • This private and tranquil retreat located at 1845 E Mountain Drive offers 3 bedrooms and 4 bathrooms in the main house, a charming 2 bedroom, 2 bath cottage, and a studio. The home's classic California architecture and interiors offer a laid-back elegance. With a thoughtful floor plan emphasizing luxurious entertainment spaces, the home seamlessly connects to the outdoors, allowing for optimal enjoyment of the natural beauty of the surrounding lush +/- 1 acre. The living room has vaulted ceilings and exposed trusses, a detailed stone fireplace, and large windows and French doors accessing two inviting outdoor terraces one with a trickling fountain and the other, with an outdoor fireplace. This sanctuary is just minutes from both the Lower and Upper Villages of Montecito and a quick walk to the renowned San Ysidro Ranch Resort. Offered at $8,950,000.

  • 1545 Ramona Lane is full of grace and beauty with the classic 1930s style home offering a 5 bedroom, 3 bath main house and a 1 bedroom guest house that sits separately from the main house with its entrance, a generous yard area, and dedicated parking. The kitchen and bathroom have undergone renovations that blend modern conveniences with the home's classic charm. The indoor/outdoor flow allows for exceptional entertainment. The backyard offers a tranquil oasis with spacious patios and a generous outdoor dining and relaxation space. A shared private well nourishes the lush landscape and lawn. Close to both of Montecito's villages and convenient to restaurants, shopping, and MUS Elementary School. Offered at $7,995,000.

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: November 6th - November 12th

Listing & photo courtesy of Compass & the MLS.

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

Listing & photo courtesy of Alemann and Associates & the MLS.

Listing & photo courtesy of eXp Realty of California, Inc. & 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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