Kevin Schmidtchen

Village Properties

1250 Coast Village
Montecito, CA 93108
Phone or Text

(805) 689-6877

The 3 Most Expensive Homes Currently For Sale in The Santa Barbara Area

Every year here in the Santa Barbara / Montecito / Hope Ranch / Carpinteria areas, we see some very exclusive high end real estate sales.  Often some of these sales top the $20 million mark which is a lot to be said for the demand for exclusive luxury property in our area.  Although we see sales above the $20 million price point, more often than not, the “high end” sales tend to be in the $10 to $20 million price range.

In just the last 12 months, our MLS has reported 4 closed sales over the $13.5 million mark.

  1. 3165 Padaro Lane, Carpinteria CA sold in September 2012 for $16.9 million
  2. 888 Lilac Drive, Montecito CA sold in April 2013 for $14.6 million
  3. 4257 Avenue Del Mar, Carpinteria CA sold in February 2013 for $14 million
  4. 1453 Bonnymede Drive, Montecito CA sold in March 2013 for $13.5 million

*The caveat to this is that there are usually some even higher end sales not reported in the MLS such as the $26 million Ellen DeGeneres just paid for a home here in Montecito CA in the last few months.

So what are the most expensive homes currently for sale in our area?

As of right now, the 3 most expensive homes on the market here in the Santa Barbara area are listed as:

  • 3443 Padaro Lane, Carpinteria CA listed for $28.9 million.  Completely remodeled in 2008, the breathtaking oceanfront architecture delights the senses with walls of glass which showcase the entire Padaro cove.  Entry level includes 3 bedrooms and great room where the living, dining and kitchen spaces are “as one” with the beach . Upper level is a sublime master suite where office, bedroom, closet and bath share spectacular views.  Detached guest house overlooks the clay court.
Padaro Lane Real Estate

Padaro Lane Real Estate 

  • 690 Picacho Lane, Montecito CA listed for $27 million.  Elegant Provincial living, steps from Montecito’s Upper Village! 9 private acres w/sweeping ocean & mtn views in the heart of Montecito’s Golden Quadrangle. Vast & impressive, yet immensely livable, this French Provincial style home offers perfect scale throughout. 5beds/5.5baths main hse + gst hse, 2bd apartment, pool, cabana, tennis ct, orchards & exceptional greenhouse great as gym/art studio.
Picacho Lane Montecito CA Real Estate

Picacho Lane Montecito CA Real Estate

Picacho Lane Montecito CA Real Estate

Picacho Lane Montecito CA Real Estate 

  • 1685 Fernald Point Lane, Montecito CA listed for $26 million.  A rare jewel, this significant Fernald Point residence with 244+/- linear ft. of ocean front, sits on 3 flat acres and includes a 7,300± sq.ft., 5 bedroom, 6 bath home with pool, tennis court and beach cabana plus 2 bedroom guest or servants quarters.  This unique estate is an oasis of rolling lawns and specimen palms all facing South to the sand and surf.
Fernald Point Lane, Ocean Front Montecito Real Estate

Fernald Point Lane, Ocean Front Montecito Real Estate

Further Reading:

  1. Montecito Real Estate 93108 Zip Code Once Again Among the Richest in America at #3
  2. Benefits of Pocket Listings Here in Santa Barbara and Montecito
  3. Santa Barbara Real Estate Seriously Rebounding – Article
  4. High End Luxury Montecito Sales Continue Strong Pace
  5. What Are Considered The Higher End Neighborhoods in Santa Barbara

Subscribe: Receive Personal Listings of Santa Barbara Real Estate

Search: The Santa Barbara Area MLS

For more information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our wonderful town, 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.