Sotheby's International Realty
1436 State Street
Santa Barbara, CA 93101
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There are many different reasons why we all choose to live here in Santa Barbara. Each and everyone one of them add up to a great quality of life. Among the most obvious are the medium sized town, the culture and arts, the restaurants, the weather, all the outdoor pursuits…you name. There are many wonderful realities of a life here on The American Riviera.
Although the beach and the ocean are never more than a few minutes away for all of us, some of us are blessed with having homes with wonderful ocean and island views. With all the different null tops around our town, there are also many different “ocean views.” Locals have become somewhat jaded with their opinions on what constitutes a “good ocean view”, and thus begs the question…How Much Does an Ocean View Home Cost here in Santa Barbara?
Generally speaking, the areas of town that have the most legitimate ocean views are The Mesa, The Riviera, Montecito, Hope Ranch and Summerland. There are pockets of ocean view homes everywhere, but these are the main areas with an abundance of ocean view property.
On The Mesa you are generally looking at a starting point of around $900,000 to find an ocean view home with the bulk ranging from around $1,000,000 to $1,300,000. On The Mesa you can easily go up to $2 million for a great ocean view home as well as $3 million for a bluff top ocean view home.
On The Riviera you are generally looking at a starting point of around $1,000,000 million for an ocean view home with the bulk of ocean view homes from around $1,200,000 to $2,000,000. The high end ocean view homes on the Riviera generally fall into the $1,700,000 to $3,500,000 price point.
In both Montecito and Hope Ranch, you are generally looking at at least $1,700,000 for a starting point for an ocean view home and at this price point it will be a fixer. A quality ocean view home in both these areas will start at around $2,200,000 with the bulk of “good ocean view” homes going much higher.
In Summerland most all of the homes are ocean view homes. Prices generally start at around $600,000 for a fixer ocean view home with the bulk of these being around $800,000 to $1,500,000. The biggest issue with Summerland is that most homes have some freeway noise.
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- Has The Santa Barbara Luxury Real Estate Market Been Effected by the Financial Crisis?
- The Riviera Year End Sales Statistics – 2009
Search: The Santa Barbara Area MLS
For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.