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Montecito Real Estate Update - Latest Weekly Trend

May 15, 2024

The Montecito real estate market currently has 51 actively listed properties, 5 of which are newly listed, No closed listings, and 2 pending properties.

Three of our Favorite New Listings:

  • This gorgeous estate at 1360 E Mountain Drive is set on +/- 2.6 acres with incredible ocean views. This estate offers a 6 bedroom, 6 bathroom main house with +/- 9,695 sq ft and a 2 bedroom guest house, pool cabana, providing everything on your wishlist, and more.  Formal spaces are perfect for entertaining, while beautifully indoor/outdoor spaces blend. The main floor primary bedroom is a serene escape, and 5 additional suites are ideal for family or guests. The thoughtful floor plan offers ample private spaces for work, fitness, media, & play. Multiple terraces showcase the verdant gardens & let you enjoy the year-round California climate. Near hiking trails, the Villages & the San Ysidro Road! Offered at $27,000,000.

  • Located at 521 Santa Rosa Lane, this home is nestled in one of Montecito's most sought-after neighborhoods. This dreamy architecture and classic design combine to create the ultimate storybook estate!  This estate offers a 4 bedroom, 4.5 bathroom main house with +/- 4,742 sq ft, a 1 bedroom guest house, and a detached garage. The 1st-floor primary opens to a private spa and firepit, and the exterior offers stone steps and wildflowers that lead you to a romantic wrap-around porch and a chic board and batten exterior, together offering the spirit of the San Ysidro Ranch. An expansive great room leads to the family room, dining room, kitchen, and nook with effortless ease, an open layout, and vaulted ceilings. Opening to patios on three sides, every moment is filled with light and air for an al fresco lifestyle. Upstairs, the ultimate flex space is perfect for media, play, or overflow guests. Together with the ADU and detached 3-car garage, this estate is a modern take on traditional living. It is conveniently located in central Montecito and offers easy proximity to the beach where you can enjoy biking to the beach, meandering to the shops and restaurants of the Upper Village, or simply taking in the beauty of the Hedgerows; this A+ location is as good as it gets. Offered at $9,500,000.

  • This Quintessential Santa Barbara single-level estate located at 20 Alston Place was meticulously reimagined with an open floor plan and an exceptional indoor/outdoor feel. The stunning property includes 4 ensuite bedrooms and 4.5 bathrooms. With a lush +/- 1.25 acres and ocean views, it contains fruit trees, ancient oaks, and olives. Light and bright with spectacular entertaining areas and the joy of indoor-outdoor living. It includes a Redwood hot tub, bocce ball court, and room for a pool! Private, serene, and centrally located - a magical retreat just minutes from the Villages of Montecito and all that Santa Barbara has to offer. Low-key luxury in the heart of the highly desirable Central California coast. Offered at $6,995,000.

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: May 6th - May 12th

Listing & photo courtesy of Village Properties & the MLS.

Listing & photo courtesy of Village Properties & 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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