Montecito Real Estate Update - Latest Weekly Trend

Emily Kellenberger
May 3
5 min read

April 30, 2025

The Montecito real estate market currently has 108 actively listed properties, 6 of which are newly listed, 7 closed listings, and 8 pending properties.

Two of our Favorite New Listings:

Located at 2749 Sycamore Canyon Road, this beautifully renovated Cape Cod-style home offers over 4,000 square feet of elegant living space between Montecito's Upper and Lower Villages. Enclosed by lush landscaping designed by Isa Bird, the home features a spacious layout with abundant natural light and a seamless indoor-outdoor flow. The living and dining areas boast vaulted ceilings and a cozy fireplace. At the same time, the expansive kitchen includes top-of-the-line appliances, wine storage, and a breakfast area leading to the outdoor patio. A custom bar area and family room provide additional comfort. The main level includes an en suite bedroom or office, laundry facilities, and a 3-car garage. Upstairs, the luxurious primary suite features dual walk-in closets, a sitting area, a gas fireplace, and a private balcony with backyard views. Two additional bedrooms share a hall bath and have walk-in closets. Set on nearly an acre of park-like grounds, the property includes a bocce court, gas fire pit, vegetable beds, and room for an ADU. Located in the desirable Cold Spring school district, this exceptional property combines premium renovations, tranquil surroundings, and convenient access to Montecito and Santa Barbara. Offered at $7,795,000.
Step into this dreamy, restored retreat located at 1575 E Valley Road. It is just a stone's throw from Montecito's charming Upper Village. Circa 1883, the 3-bedroom, 2.5-bath home with a separate 1-bed/1 bath cottage blends timeless vintage appeal with modern updates. The living area with a stone fireplace flows into a sunlit dining room featuring French doors, while the adjacent kitchen makes a stylish statement. The ground-floor primary suite is a light-filled retreat, and upstairs, two bedrooms and an office/media room enhance the layout. Set on a gated, beautifully landscaped parcel, the gardens are ideal for entertaining, and a private guest cottage adds to the property's appeal and versatility. Highlighting understated luxury throughout, this Montecito gem invites you to embrace that effortless California lifestyle immediately! Offered at $5,495,000.

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 27 active rental listings, and 10 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:

A rare find located at 1444 School House Road is a charming cottage compound nestled between Montecito Union School and Manning Park, this gated retreat offers timeless charm and serene privacy. The single-level main home features 3 bedrooms and 2.5 baths, complemented by two 1-bedroom guest cottages—each with its own fireplace. Set on a beautifully landscaped, flat lot, the estate includes a solar-heated pool, hot tub, vibrant mature gardens, fruit trees, and multiple outdoor spaces. A true sanctuary in the heart of Montecito, perfect for relaxed luxury living or a multi-residence retreat. This incredible opportunity is now available for a long-term lease starting on August 15, 2025. Offered at $42,500 per month. To inquire about booking or learn more about this exceptional property-please contact the listing agent.
Abundant natural light soars into this 1922 George Washington Smith-crafted Montecito estate located at 1098 Golf Road. With a private +/- 1.25 acres, this property offers a gated entrance. Spanning over +/- 4,750 sq ft, this furnished home features 4 bedrooms, 5 bathrooms, and an office, providing a sanctuary for both relaxation and productivity. The heart of the home is the remodeled chef's kitchen, seamlessly flowing into the spacious family room and dining area, ideal for intimate gatherings or grand entertaining. Three fireplaces, gleaming hardwood floors, and updated systems throughout add to the allure of this distinguished residence. Enveloped by lush landscaping, this oasis boasts meticulously manicured grounds, including amenities such as a pool, jacuzzi, bocce ball court, a picturesque English garden, and an indoor playroom. This incredible opportunity is now available for a long-term lease starting September 2025. Offered at $55,000 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:

565 El Bosque Road: Escape to a charming 3 bedroom, 2 bathroom home with a detached office/lounge area, perfect for a summer getaway. This California cottage, set among the majestic Oaks on Montecito's enviable El Bosque Road, offers a unique blend of relaxation and entertainment. Enjoy the fun sport court, challenge friends and family to a game of bocce, or unwind in the jacuzzi. The property's .79-acre level lot provides ample space to roam and explore, with a circular driveway that evokes the classic charm of Old Montecito. The main house features three spacious bedrooms and two bathrooms, perfect for families or groups of friends. The detached office/lounge area provides a quiet retreat for work or relaxation. The property also includes a barn/garage and paddocks, adding to its charm. Located in the heart of Montecito, this property is conveniently close to San Ysidro Ranch, Montecito's Upper Village, Knollwood Tennis Club, and Montecito's beaches and hiking trails. With its unique character and prime location, this summer monthly rental is the perfect opportunity to experience the best of Montecito.

This property is available for a Summer monthly rental. Don't miss out on the chance to experience this unique and historic property. This incredible opportunity is now available for weekly or monthly lease, from June 15 2025 to August 15, 2025. Offered at $25,000 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.