Real Estate in the Santa Barbara area continues to be the same strong market it has been over the last 2 years. With that said, it does feel as if we are starting to see signs that prices are stabilizing in the last several months as opposed to the continuous tick upwards we have been experiencing. As far as where the buyers are…demand really continues to be strong across the board in every price point.
On the high end level, we have seen some wonderful estate sales already in the first 3 months of the year. Below I have listed the top 5 real estate sales here in Santa Barbara / Montecito in the first quarter of 2014.
1478 East Mountain Drive, Montecito CA 93108. Sold for $12,750,000. Commanding ocean and island views and enjoyed from approximately 2.5 acres, this gated estate sits in a premier Montecito location. This impeccable property has a lavish master suite, 2 additional bedroom suites in the main house, a 1 bed pool house and a 2 bed guest house. The highest building standards throughout blending a classic vintage home with exquisite taste and state of the art modern details.
1140 East Mountain Drive, Montecito CA 93108. Sold for $8,800,000. With expansive ocean and valley views, this European-style residence is privately set above East Mountain Drive on nearly 6 acres. This sophisticated home boasts high ceilings and ample gallery walls. French doors open to breathtaking views and outdoor living spaces. Exquisite details create an elegant and livable home with a first floor master, sumptuous guest suites, lush landscaping and pool.
4149 Creciente Drive, Santa Barbara CA 93110. Sold for $7,000,000. Rarely available dramatic Hope Ranch Oceanfront, single level, breathtaking views, on serene private lane, 6000+ sq. ft. , 5 bedroom suites, open kitchen and family room, formal living room and dining room, plus 4 car garage with circular driveway.
1690 San Leandro Lane, Montecito CA 93108. Sold for $6,850,000. Rare opportunity to acquire a true Hedgerow Compound. 4 flat, gated maturely landscaped acres up a quiet private lane, featuring a classic 3 bedroom, 3.5 bath Spanish-style main residence with gracious living, dining and family rooms. A large pool house with family room, office, bathroom and sauna. A 1 bedroom guest house, a large carriage house with office, bonus rooms and workshop. Horse facilities, including 5 stall barn, corral and tack room, green house, beautiful lawns and gardens, orchard, pool and spa.
931 Las Alturas Road, Santa Barbara CA 93103. Sold for $6,778,000. Impressive ocean, harbor and island views. Updated historic 1928 French villa on 2 level acres. Large light filled high ceiling public rooms, intimate master suite with 2 master bathrooms. Attached 2 bedroom guest house. Over sized 4-car garage. 4+ bedroom main house with media/family room and cozy den.
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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.