Montecito Real Estate Update - Latest Weekly Trend

Emily Kellenberger
12 minutes ago
6 min read

May 20, 2025

The Montecito real estate market currently has 100 actively listed properties, 7 of which are newly listed, no closed listings, and 4 pending properties.

Two of our Favorite New Listings:

Nestled atop one of Montecito's most sought-after locations, 937 Cima Linda Lane, this ultra-private estate seamlessly blends sophistication and serenity. In collaboration with Lenvik & Minor Architects and built by Giffin & Crane, visionary owners have crafted a residence where exceptional craftsmanship and timeless elegance are evident in every detail. The main living spaces, including five en-suite bedrooms, are thoughtfully designed on a single level. They effortlessly connect to expansive terraces that frame breathtaking panoramic ocean and coastline views. Soaring ceilings and glass walls bathe the interiors in natural light, fostering an indoor-outdoor flow perfect for relaxation and entertaining. Strategically positioned between Santa Barbara and Montecito, this estate offers a rare opportunity to reside in one of the most desirable enclaves. With unparalleled privacy, stunning views, and meticulous attention to detail, this property is a masterpiece of modern luxury living. Offered at $23,500,000.
Discover your private oasis at 655 Oak Springs Lane, a serene Mid-Century estate tucked behind gates on a tranquil lane in the heart of Montecito. This single-level sanctuary harmoniously blends nature and luxury, offering a resort-like atmosphere with lush tropical landscaping, curated pathways, and peaceful outdoor spaces. Inside, soaring ceilings and walls of glass frame stunning garden views, while a gourmet chef's kitchen, dramatic agate fireplace, and effortless indoor-outdoor flow create an elevated living experience. The spa-inspired primary suite is a true retreat, featuring radiant heated floors, a steam shower, a ceiling-fill soaking tub, and a private garden with a hot tub and outdoor shower. With two additional en-suite bedrooms and two offices, this estate offers ultimate flexibility and comfort. Outdoor living is elevated with a sparkling pool, a modern cabana complete with a bar and home theater, an outdoor kitchen, a tennis court, and smart home systems. Immerse yourself in the ultimate Montecito lifestyle, where privacy, peace, and unforgettable experiences await. This Shangri-La is yours to enjoy! Offered at $9,995,000.

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 6 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:

Perched on over 1.3 private acres along Montecito's prestigious Park Lane, 830 Park Lane, is a gated Mediterranean-inspired estate that offers sweeping ocean views and an elegant indoor-outdoor lifestyle. French doors connect the interior to sun-drenched terraces, lush gardens, and tranquil patios, creating a harmonious blend of luxury and nature. Built in 2004 and meticulously updated, the main level features a lavish primary suite and an open-concept kitchen, dining, and living area, perfect for entertaining. The expansive lower level boasts four additional bedrooms, a state-of-the-art theater, a gym, and a gallery, providing ample space for both relaxation and recreation. Terraced grounds lead to a secluded pool, spa, and charming pool house, offering a private oasis to enjoy the coastal beauty. This exceptional property is available for a long-term lease beginning July 2025 and is zoned for the highly sought-after Montecito Union School District. Experience the rare combination of elegance, comfort, and coastal living at its finest. This incredible opportunity is now available for a long-term lease starting July 1, 2025. Offered at $49,500 per month. To inquire about booking or learn more about this exceptional property-please contact the listing agent.
Bright & Stylish retreat located at 1681 E Valley Road is equipped with solar-powered efficiency and is set on a serene private road in the heart of Montecito. This single-level Mid-Century home offers a rare combination of natural beauty, thoughtful design, & functionality all within minutes of Coast Village Road, Butterfly Beach & some of Santa Barbara's finest dining. 4 spacious bedrooms & 3 bathrooms across +/- 3,049 sq. ft. Highlights include soaring ceilings & natural light. Oversized windows & multiple sliding glass doors fill the home with sunlight & mountain views. Chef-Ready outdoor kitchen, huge wrap-around deck with built-in grill, countertop, cabinetry & sink ideal for entertaining. Spacious guest suite with cozy brick fireplace, built in shelving, private access to the garden with kitchenette & laundry room. Craftsman Charm: Original end grain wood kitchen flooring, two fireplaces, and lush mature landscaping offer character & comfort throughout. Additional perks include driveway parking, on-site laundry & a gardener included in rent. Utilities not included. Energy-Efficient Living: Equipped with solar panels, keeping electricity bills typically under $10/month. This incredible opportunity is now available for a long-term lease starting August 15, 2025. Offered at $19,950 per month. To inquire about booking or learn more about this exceptional property-please contact the listing agent.
A contemporary reimagining of classic California ranch-style living, 3155 Eucalyptus Hill Road blends timeless elegance with modern comforts. Fully remodeled in 2024, the home spans approximately +/- 2,300 square feet and features 3 bedrooms, 3 bathrooms, plus a dedicated office. Originally taken down to the studs and rebuilt in 2012, the property was thoughtfully expanded to include a voluminous primary suite, an inviting family room, and a versatile modern workshop/studio could also be used as a 4th bedroom. Set on roughly one acre and perfectly positioned to capture breathtaking mountain views over the treetops of Lotusland, this beautifully updated residence offers a rare combination of tranquility, privacy, and convenience within walking distance to Cold Spring School and just minutes from Coast Village Road and downtown Santa Barbara. Recent upgrades enhance both style and functionality, including all-new Wolf and Sub-Zero appliances, a new washer and dryer, oak wood floors, custom walnut cabinetry, fresh paint inside and out, and professionally designed, drought-resistant landscaping with a top-tier irrigation system. This incredible opportunity is now available for a long-term lease starting on July 1, 2025. Offered at $25,000 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.