Santa Barbara Real Estate Voice
Luxury Real Estate
Here is an easy to view summary of the real estate market in the Carpinteria area from the summer months through until the end of October 2011. Normally this time of year sees a lot of activity in June and July, then slowing a little in August as many people are on vacation, sending kids off to school, paying bills from all the summer activities etc. Then in mid September through until about Thanksgiving we have a relatively strong real estate market on average. Overall, the Carpinteria market has been very strong in the price range from $200,000 to $750,000...
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| Oct 18th |
Montecito CA. Real Estate Once Again Finds Itself in Top 10 Wealthiest Zip Codes in the U.S. |
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2011
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Categories: Luxury Real Estate, Montecito, The Oceanfront Areas |
Once again, America's most expensive zip codes includes Montecito CA. Coming in this year at #9, statistics show that the median home price here in Montecito to be at $3,099,000. So far this year, the most expensive sale in Montecito was a dated, but clean ocean front home located at 1473 Edgecliff Lane that closed for $10,750,000. Other significant sales were a brand new Mediterranean Estate with privacy and panoramic ocean views located at 1379 Oak Creek Canyon Road. This wonderful Estate closed for $9,000,000. Another gorgeous Italian Villa located at 2959 Sycamore Canyon Road closed at $7,900,000.
Overall there have...
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| Jul 3rd |
What Are Considered the Higher End Neighborhoods in Santa Barbara? |
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2011
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Categories: Hope Ranch, Luxury Real Estate, Montecito, The Riviera Neighborhood, The Upper East Neighborhood |
When talking about Santa Barbara proper, the high end real estate market is usually referred to as home prices $2 million and above, although this is obviously pretty subjective. For example, within Montecito proper, most people would consider the high end there to start at around $ 5 million.
So what are the highest priced neighborhoods in Santa Barbara?
Number 1 on the list is Montecito with Hope Ranch not being too far behind. Montecito continuously finds itself within the top 10 zip codes nationally with the "average priced home" selling somewhere in the $2 - $4 million price point. One of...
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| Jun 2nd |
Good Activity on Beach Front and Ocean Front Homes from Carpinteria to Santa Barbara |
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2011
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Categories: Carpinteria, Luxury Real Estate, Montecito, Santa Barbara, The Oceanfront Areas |
During the last 60 days, beachfront real estate here in and around Santa Barbara has picked up quite a bit with a lot of activity. Just in the last 2 months we have seen 9 new Active ocean front listings, 4 closed sales and 1 pending (in escrow).
Of these listings, 7 have been in Carpinteria mainly along Padaro Lane and Sand Point Road.
Of these listings, 7 have been in the Santa Barbara or Montecito areas.
Here is a list below of the Current New Active Listings
4975 Sandyland Road #205, Carpinteria CA. priced at $999,500. Exceptional ocean front property at Carpinteria...
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| Mar 8th |
Most Significant Luxury Montecito and Santa Barbara Real Estate Sales in 2011…So Far |
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2011
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Categories: Goleta, Hope Ranch, Luxury Real Estate, Montecito |
2011 has started off the year once again with the upper end of our market feeling fairly active. There seem to be a bunch of buyers looking around above the $3 million price point, with several homes going into escrow. So far in 2011, we have had our share of significant closed sales here in the upper end in Montecito, Santa Barbara, Goleta and Carpinteria.
Montecito Sales
770 San Ysidro Lane, Montecito CA 93108. Listed price $6,300,000. Sales price $5,650,000. This 6 bedroom / 8 bathrooms gated estate is located near San Ysidro Ranch in Montecito's Golden Quadrangle. This stylish home lends...
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The dream of living on the ocean. For most, this is the ultimate...especially if it is here in our wonderful home of Santa Barbara. Fresh air, pounding waves, sand at your toes...
With 2009 being a pretty tough year for oceanfront real estate sales in the Santa Barbara, Carpinteria and Montecito areas, 2010 has seen solid sales for most of the year. Prices on average have come down anywhere from 35-40% from their peak in 2007, but now seem to hit good stable price benchmarks. Almost anything above these price benchmarks are simply sitting on the market.
Here are the top 10...
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| Oct 21st |
Montecito Beachfront Town Homes and Condos at Bargain Prices!! Bonnymede & Montecito Shores |
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2010
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Categories: Luxury Real Estate, Montecito, The Oceanfront Areas |
As the run up in real estate values continued through early 2008 here in the Montecito area, the exclusive condominium enclaves of Bonnymede and Montecito Shores (the only 2 oceanfront condo / town home complexes we have in the Montecito area) saw prices comfortably in the $2.5 - 5 Million range. Many of these units seemed to be selling to either 2nd home buyers or Montecito residents downsizing from larger estates.
As the market has changed over the last 2 years, values here within both the Bonnymede and Montecito Shores complexes have been hit very hard. It is difficult to...
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| Sep 30th |
Montecito CA Among Top 10 Most Expensive Zip Codes in America – 93108 |
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2010
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Categories: Luxury Real Estate, Montecito |
According to an article in the latest addition of Forbes, Montecito, here in Santa Barbara CA is once again among the top 10 Most Expensive zip codes in America. Six of the top 10 zip codes are in California while the other 4 zip codes reside around the New York area.
Top 10 List:
Duarte/Bradbury, California 91008: Median Home Price $4.27 Million
Atherton, California 94027: Median Home Price $4.01 Million
Rolling Hills, California 90274: Median Home Price $3.89 Million
Alpine, N.J. 07620: Median Home Price $3.81 Million
New York, New York 10014: Median Home Price $3.78 Million
Beverly Hills, California 90210: Median Home Price $3.68 Million
New...
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| Sep 23rd |
Santa Barbara CA. Among Top 10 Most Expensive Real Estate Markets in the U.S. |
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2010
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Categories: Luxury Real Estate, The Oceanfront Areas |
A recent real estate home listing report looked at thousands of four-bedroom, two-bathroom properties early in 2010 across nearly 300 various real estate markets. To most of us here that live along the coast in California, the findings did not prove to be surprising...The most expensive markets are mainly found here in California, and many along the coastline.
The Most Expensive Cities - Top 10 List
At the top of the list of most expensive real estate markets is Newport Beach, while 5 other California cities also made the list with Santa Barbara wrapping up the top 10.
Below are the most...
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| Sep 8th |
Helpful Tips When Looking for Your Perfect Montecito Home or Estate |
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2010
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Categories: Buyer's Resources & Advice, Luxury Real Estate, Montecito |
Location, Location, Location
Everyone has heard this tip before and it pretty much always holds true. Simply stated, consider the home's exact location before you are won over by a spectacular interior. Also, maybe look for the exact location you want and completely redo the home etc. Do views and setting out way walking distance to the beach or vice versa? Can you "bike home" from town and/or the beach? Etc.
Check Your Immediate Neighborhood
It is very obvious...when you purchase a home, you not only get a house, you also buy into a neighborhood. Walk around the area at morning time, dinner...
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| Aug 29th |
Luxury Real Estate Sales $10 Million and Up – Santa Barbara, Montecito, Hope Ranch and Carpinteria CA |
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2010
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Categories: Carpinteria, Hope Ranch, Luxury Real Estate, Montecito, Santa Barbara |
When talking about luxury real estate here in the Montecito and Santa Barbara areas, everyone will have their own opinion of what this means and at what price point luxury real estate starts at. While many other luxury resort areas have very expensive exclusive homes from $3-10 million, Santa Barbara is one of the few areas that also has numerous inventory and sales in the ultra high-end price point...$10 Million and above.
Here is a breakdown of the ultra luxury real estate activity here in 2010 as of August 28th (MLS Statistics):
Current Active Listings $10 Million and above - 28
Current Pending...
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| Mar 31st |
Beachfront / Blufftop Real Estate Sales Santa Barbara CA – 1st Quarter 2010 |
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2010
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Categories: Luxury Real Estate, The Oceanfront Areas |
With limited resources, there are naturally only a few beach / bluff top real estate sales here in the Montecito and Santa Barbara area every few months. After quite a fall in prices this last year as much of our beachfront real estate remained sitting on the market, sales have started to pick up. Here in the first quarter of 2010 we have had the following sales / pending sales of oceanfront property.
2010 - 1st quarter Beach Front Sales
1801 Fernald Point Lane, Montecito CA 93108 - This wonderful beachfront Montecito property is located in one of the most desired...
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Kevin Schmidtchen
Realtor - Sotheby's International Realty
1436 State Street
Santa Barbara, CA 93101
Phone # 805-689-6877
[email protected]
Luxury Real Estate
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