Montecito Real Estate Update - Latest Weekly Trend

Emily Kellenberger
Apr 2
6 min read

April 2, 2025

The Montecito real estate market currently has 93 actively listed properties, 6 of which are newly listed, 7 closed listings, and 6 pending properties.

Two of our Favorite New Listings:

Tucked away on a private lane in the prestigious Lower Village, 1084 Golf Road known as Villa Cascina, is a breathtakingly beautiful estate embodying Montecito's rich history. Set on +/- 3 acres of lush, sprawling gardens, this magnificent 1920s estate has been meticulously restored to preserve its timeless charm while incorporating contemporary comforts. As you enter the gates, you'll be greeted by the stunning views of the surrounding mountains, perfectly complemented by the property's proximity to Coast Village Road's famed restaurants and boutiques. The estate's thoughtful design ensures a seamless blend of indoor and outdoor living, with a gourmet kitchen, courtyard, wine cellar, pool, and cabana, all carefully crafted to create an unparalleled lifestyle experience. In addition to the primary residence, Villa Cascina features multiple additional structures, each designed to provide intentional spaces for all life's necessities. These include a guest house, perfect for accommodating friends and family; A large gym, equipped with state-of-the-art equipment and ample space for workouts and wellness activities; and Four-car garages, providing ample storage for vehicles and other belongings. Villa Cascina is a true masterpiece of Montecito's architectural heritage, offering a rare opportunity to own a piece of history that has been meticulously restored and updated for modern living. With its stunning natural beauty, luxurious amenities, and thoughtful design, this estate is the epitome of luxury and refinement, perfect for those seeking a genuinely unparalleled lifestyle experience. Offered at $33,500,000.
Escape to a Montecito Paradise: tucked away at the end of a picturesque cobbled drive, 1360 E Mountain Drive is a stunning ocean-view estate that embodies the essence of Montecito's luxury and charm. This exquisite +/- 2.8-acre property is a masterpiece of timeless architecture, courtesy of renowned designer Marc Appleton. It is set amidst lush grounds and specimen trees, creating a sense of serenity and wonder. The estate's formal spaces are perfect for entertaining, with beautifully appointed rooms that exude elegance and refinement. Yet, the casual moments make this property unique, with indoor/outdoor spaces that seamlessly blend to create a sense of effortless living. Whether you're looking to relax in the serene primary suite or enjoy quality time with family and friends in one of the five additional suites, this property has everything you need to live your best life. The thoughtful floor plan offers ample private spaces for work, fitness, media, and play, ensuring every family member has a sanctuary. Multiple terraces showcase the verdant gardens and provide breathtaking views of the surrounding landscape, allowing you to take full advantage of California's year-round climate. With a two-bedroom guest house, pool, cabana, and private well, this property truly has everything on your wishlist and more. Located near hiking trails, the Villages, and the prestigious San Ysidro Ranch, this property offers seclusion and convenience. Imagine spending your days exploring the beautiful outdoors and your evenings enjoying the finest dining and entertainment Montecito offers. This is a once-in-a-lifetime opportunity to own a piece of Montecito's history and create memories that will last a lifetime. Offered at $22,000,000.

In our ongoing effort to provide comprehensive and up-to-date information, we are introducing a new rental listings section for Montecito as part of our current market update. This addition will allow us to better serve our users and offer a more complete picture of the local rental market.

There are 18 active rental listings, and 7 new rental listings in the Montecito area. These listings include a variety of properties, ranging from luxurious estates to charming cottages, ensuring there is something for every taste and budget.

Our Favorite New Rental Listings:

Tucked away at the end of a quiet cul-de-sac in the coveted Golden Quadrangle, 734 Via Manana offers an unrivaled blend of privacy, serenity, and effortless luxury. Set on nearly an acre of lush, oak-studded grounds, this gated, single-level retreat captures the essence of Montecito living with seamless indoor-outdoor flow, fully landscaped yard with pool, and an A+ location just moments from the San Ysidro Ranch, hiking trails, and the Upper Village. Inside, soaring ceilings and ample windows bathe the home in natural light, while rich hardwood floors, a stone fireplace, and wood detailing create an ambiance of warmth and sophistication. The gourmet kitchen is designed for both culinary excellence and casual gathering, featuring high-end appliances, sleek stone countertops, and a layout that flows seamlessly into a dining area and outdoor patios. The primary suite offers a private sanctuary that opens up to the garden with its own outdoor spa and sauna. The remaining 3 bedrooms are spacious and conveniently located near an additional outdoor patio.The real showstopper of the home is the backyard which boasts multiple outdoor living spaces, built-in BBQ, fire pit, a European Bocce court and a most idyllic pool and jacuzzi. Studded with native oaks and landscaped to perfection, the outdoor areas highlight everything Montecito has to offer. Nestled in one of Montecito's most sought-after neighborhoods, this residence offers proximity to world-class dining, pristine beaches, and top-tier schools, including the Montecito Union School District. Experience refined coastal living in a home that epitomizes the timeless elegance and natural beauty of Montecito. This incredible opportunity is now available for a long-term lease starting on August 1, 2025. Offered at $48K per month. To inquire about booking or learn more about this exceptional property-please contact the listing agent.
Nestled on a private lane, Knollwood Drive, is a stunning French villa that offers an exceptional living experience on +/- 1.21 acres of beautifully landscaped grounds. With 3,831 sq. ft. of living space, this two-story residence features three bedrooms (or two bedrooms plus an office) and four baths, including a sprawling primary suite with breathtaking ocean and mountain views, dual closets, and a luxurious primary bath with a soaking tub and steam shower. Inside, beamed ceilings, French doors, and three fireplaces create an inviting ambiance, while the formal dining room with built-in storage adds elegance. The gourmet kitchen boasts granite countertops, a center island, a large wine fridge, and seamlessly adjoins the family room. Outdoor living is equally enchanting, with a grassy yard, oak trees, a seasonal creek, decks, and a charming courtyard, all surrounded by a variety of fruit trees. Enjoy ample parking for up to eight vehicles. Located in the coveted MUS school district and just moments from scenic trails, this extraordinary home offers the perfect blend of luxury, privacy, and natural beauty. This incredible opportunity is now available for a long-term lease starting April 2025. Offered at $28,000 per month. To inquire about booking or learn more about this exceptional property-please contact the listing agent.

Our Favorite Luxury EK&A Rental Listing:

8096 Puesta Del Sol is an exceptional oceanfront home behind the gates of Rincon Point, offering 4 bedrooms, 3.5 bathrooms, an office, a 'tower' room perfect for reading or yoga, home gym area, outdoor sauna, a hot tub and outdoor fireplace set under a covered outdoor deck (just off the great room), along with a sprawling grass yard, all overlooking the beauty of the ocean, coastline, and Channel Islands. High quality construction with designer interiors. Rincon Point is a coveted beach community known as 'The Queen of the Coast' and a world class surfing destination. Fully furnished. Minimum 1-year lease. Other amenities include a gas fire pit by the ocean, surfboard storage and heated surf shower, top of the line appliances, two dishwashers, two sets of washer/dryers, a large off-street parking area, two available garage bays, automatic backup generators, air conditioning, high power vehicle charging plug, gas BBQ, and more. This incredible opportunity is now available for a minimum 1-year long-term lease, starting March 2025. Offered at $45,000 per month. To inquire about booking or learn more about this exceptional property-please contact the listing agent.

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.