With Santa Barbara real estate seeing rising prices in pretty much every area here in Santa Barbara
since the beginning of the year, I wanted to break down some of the recent sales and current activity in the different areas of town over the coming weeks.
Here I wanted to show a quick glance of what you can expect with prices in the desirable Riviera neighborhood
. For most of us, we tend to break down The Riviera into lower (below APS) and upper (above APS). For my purposes here, I will group all listing statistics below into The Riviera. Since the beginning of the year to date we have seen:
- 21 closed sales on The Riviera ranging in price from $866,000 to $3.1 million
- 5 current pending sales on The Riviera ranging in price from $970,000 to $1.695 million
- 15 current active listings on The Riviera ranging in price from $845,000 to $7.45 million
Here below are a few examples of some of the nicer higher end sales year to date on the Riviera
1105 Las Alturas Road - Asking Price $3,295,000 - Sales Price $3,100,000 - Days on the Market 66.
This exquisite Villa in The Riviera’s estate district was recently built with utmost care & quality and designed by Thomas V. Smith to reflect the qualities of the classic Spanish Colonial architecture. The indoor/outdoor floor plan is designed to take maximum advantage of the stunning ocean, city & harbor views and the quality features & amenities are too numerous to list. Spectacular retreat!
1105 Las Alturas Road - Santa Barbara CA
1732 Paterna Road - Asking Price $2,750,000 - Sales Price $2,200,000 - Days on Market 65
The Riviera Real Estate - Santa Barbara
La Vista located on one of the most sought after streets on The Riviera. Ocean views, +/- 0.5 acres. 5 Bed 3 Bath, pool spa, +/-1000 sqft. and guest house. This is/was one of the few Short Sales on the Riviera in the last year. Beautiful home, but needed a decent amount of updating etc.
Santa Barbara - The Riviera Real Estate
1732 Paterna - Santa Barbara The Riviera
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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.