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Montecito Real Estate Update - Latest Weekly Trend

May 22, 2024

The Montecito real estate market currently has 52 actively listed properties, 3 of which are newly listed, 2 closed listings, and 1 pending property.

Three New Listings:

  • This charming California Cottage at 380 Sheffield Drive is beautifully landscaped, gated, and private +/- .89 acres. This single-level home features abundant light, a living room with vaulted ceilings, walls of glass and mountain views, hardwood floors, great outdoor living areas, and a dining room with picturesque vistas. This estate offers 2 bedrooms, 2 bathrooms, and a 2-car attached garage. This is a truly magnificent setting, with gardens and lush landscape. A great opportunity! Offered at $3,995,000.

  • Located in one of the most desirable neighborhoods known as the Montecito Hedgerows, 1666 San Leandro Lane is an exciting opportunity. This single-level estate with 3,650 sq ft offers a 3 bedroom, 4 bathroom ranch-style main house, a 471 sq ft guest house with 1 bedroom, 1 bathroom plus office with a separate driveway, and a 533 sq ft detached artist's studio. The outdoor space includes a pool and spa, perfect for entertaining against the backdrop of mountain views. The lush garden includes lavender, artichokes, and a lawn leading to citrus trees that add natural beauty. This prime location has ample space and potential for improvement; this Montecito property offers a chance to create an exceptional estate tailored to your preferences and lifestyle. Offered at $5,000,000.

  • 751 Skyview Drive is nestled on a private road in the heart of Montecito. The property includes 4 bedrooms and 2.5 bathrooms with a beautiful mountain setting. This home offers partial ocean views and a tranquil retreat from the bustle of everyday life. Inside are expansive living areas, including a formal living room and family room, boasting cozy fireplaces, a formal dining room, and a large chef's kitchen with all brand-new appliances. Outside, the backyard patio is an entertainer's dream, perfect for gatherings with friends and family. A walkway meanders around the lower level of the backyard, leading to an outdoor reading area where you can relax and unwind in nature's embrace. The upstairs primary suite offers sunrise views over the ocean. Step out onto the private balcony and take in the full view of the large backyard, complete with mature drought-tolerant landscaping. Offered at $3,388,000.

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 13th - May 19th

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

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

Listing & photo courtesy of Coldwell Banker & the MLS.

Listing & photo courtesy of Sotheby's International 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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