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Montecito Real Estate Update - Latest Weekly Trend

May 8, 2024

The Montecito real estate market currently has 53 actively listed properties, 8 of which are newly listed, 1 closed property, and 3 pending properties.

Three of our Favorite New Listings:

  • Villa Cascina estate is located at 1084 Golf Road. It is set on +/- 3 acres on a private lane in a prestigious Montecito neighborhood boasting breathtaking views of the surrounding mountains and ocean. This 1920s estate underwent an extensive renovation in 2016, ensuring the preservation of its timeless charm while embracing contemporary comforts. The 7,299-square-foot primary residence features 6 bedrooms, an office, and 6 full bathrooms (plus two half-bathrooms). The main level is welcoming with a bright and open floor plan, highlighted by a grand foyer, beamed ceilings, and hardwood floors. Enjoy a fully equipped gourmet kitchen, formal dining and living rooms, and a dedicated media room. The generously sized primary suite finishes out the ground floor and is fitted with a luxurious bathroom and grand walk-in closet. Upstairs, four spacious and private ensuite bedrooms await. The lower level houses a sizable wine cellar. Amenities outside include a swimmer's pool and cabana, sauna, and a North/South championship tennis court. Multiple additional structures on the 3-acre parcel offer a separate two-bedroom, one-bath guest house that offers privacy and comfort for visitors, an ample gym space that provides wellness, and spacious four-car garages with ample parking. This historic Montecito estate is a rare opportunity! Offered at $33,500,000.

  • Located at 680 Cowles Road, nestled on one of Montecito's most scenic ridges, Villa Cortina presents breathtaking mountains and ocean views from nearly every room. It features 5 bedrooms and 4 full bathrooms, with the primary suite being a retreat of its own, offering a large sitting area with a cozy fireplace and picturesque views. With its inviting French doors, the expansive living room opens onto a sheltered patio ideal for relaxation. A gourmet kitchen offers custom cabinetry and premium appliances. The property is designed for outdoor living with meandering pathways leading to an approx. 45-foot swimming pool, a putting green, a fruit tree orchard, and tranquil oak groves offer an unparalleled lifestyle in Montecito. Villa Cortina features a wine room, a secluded guest room, and ample parking with a 4-car garage. It is conveniently located near Lotusland, Lower and Upper Villages, and world-class beaches. Offered at $7,995,000.

  • Located at 740 Hot Springs Road, this single-story Montecito farmhouse has been entirely reimagined and transformed. This stunning property includes 3 bedrooms, 2 full bathrooms, vaulted ceilings, modern fixtures, a Lutron home system, a wood-burning fireplace, generous use of natural materials, a media room off the downstairs bedroom, and exceptional finishes. You will be swept away by the tranquility of this freshly landscaped +/- 2/3 acre lot behind the gates on Tejas Lane, including a rope swing to the pergola, sauna, two outdoor showers, redwood hot tub, koi pond, BBQ, and fire pit. The property offers unlimited opportunities to relax and enjoy all the Golden Quadrangle has to offer! Offered at $5,775,000.

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 29th - May 5th

Listing & photo courtesy of The Agency & the MLS.

Listing & photo courtesy of Goodwin & Thyne Properties & the MLS.

Listing & photo courtesy of Village Properties & the MLS.

Listing & photo courtesy of Coldwell Banker Realty & 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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