Santa Barbara Real Estate Voice
Luxury Real Estate
| Jul 21st |
Santa Barbara and Montecito CA. Luxury Real Estate Sales Update – First 6 Months 2009 |
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2009
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Categories: Luxury Real Estate, Market Statistics / Updates |
--For our purposes here, I am going to refer to the luxury market here in our area as anything over $5 million.
For the first 6 months of 2009, there were a total of 14 closed sales of luxury single family homes and condos here in Carpinteria, Montecito, Santa Barbara and Goleta CA. As of July 1st, 2009, there were 3 properties in this luxury market that were pending sale (under contract).
The highest sale within this luxury market was a French Country Estate built over 5 years with exceptional grounds and quality throughout, 7.5 acres, pool, spa, tennis court, privacy, views,...
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| Jul 17th |
Santa Barbara CA. Oceanfront / Beachfront Real Estate Sales Update – First 6 Months 2009 |
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2009
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Categories: Luxury Real Estate, Market Statistics / Updates, The Oceanfront Areas |
For the first 6 months of 2009, there were only 3 closed sales of single family homes and condos directly along the Oceanfront here in Carpinteria, Montecito and Santa Barbara CA. As of July 1st, 2009, there were 0 properties directly along the Oceanfront area that were pending sale (under contract).
The highest sale directly along the Oceanfront was a Mediterranean style home located in the cove in Montecito located at 1631 Posilipo Lane, Montecito CA., 93108. The sales price was $8,300,000.
Overall, this market directly along the Oceanfront was much slower than the last few years. Also, prices on average have...
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| May 20th |
Beach House Anyone? Major Price Cuts and Slow Sales Along Santa Barbara’s Premier Oceanfront |
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2009
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Categories: Luxury Real Estate, The Oceanfront Areas |
Where have all the good - Oceanfront - times gone?
One of the major impacts from the Financial Crisis that we have seen here in the last 12-18 months is the slow sales and major price reductions that have taken place within the luxury high-end market here in Santa Barbara, Hope Ranch, Montecito, and Carpinteria CA.
One major part of this luxury market is the true oceanfront and beachfront property here along our coastline.
Being a Realtor here in Santa Barbara CA., I am fortunate and privileged to see some very impressive properties sitting atop some of the most amazing coastline parcels...
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| May 11th |
Has The Santa Barbara CA. Luxury Real Estate Market Been Effected by the Financial Crisis? |
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2009
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Categories: Luxury Real Estate, The Oceanfront Areas |
Yes...to anyone who is paying attention and knows this luxury market here in Santa Barbara.
For our purposes, I will refer to the the high end luxury real estate market here in the Santa Barbara CA. area as any property over the $5 million price point.
Most of our high end luxury market here in Santa Barbara CA. is found in Montecito CA, Hope Ranch CA, the foothills of Santa Barbara, anywhere directly on the water from Goleta to Carpinteria, or any type of extensive ranch / equestrian property.
Where we have been:
Since 1998, the high end luxury real estate market in Santa...
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| Oct 13th |
Montecito in the Top 10 Most Expensive Real Estate Zip Codes in the United States |
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2008
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Categories: Luxury Real Estate, Montecito |
People in general will always be attracted to beautiful areas within the United States when it comes down to real estate. For many, these places are also a great place to invest in when times are as uncertain as they have been in the last 18 months.
One reality about the real estate market in the more exclusive and expensive areas in our country that seems to hold true is this -- values tend to rise the fastest when times are good and these areas also hold onto their real estate values the best when times are not as good.
Over the last year here in Montecito and...
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| Aug 22nd |
Naples Development Becoming a Reality Along the Santa Barbara Coastline? |
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2008
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Categories: Luxury Real Estate, The Oceanfront Areas |
After years and years of heated talks and debates, Orange County Developer, Matt Osgood, had his vision of the historic Naples Property approved by the Santa Barbara County Planning Commission this week.
The outline of the plan calls for and equestrian center, several other "structures" and the alocated 72 spots for large luxury "mansion type" multi-million dollar homes stretching along the Santa Barbara Coastline from the coastal bluffs up to the local foothills.
The project still needs to go through the California Coastal Commission (especially for the bluff top homes) as well as seek approval from the Board of Supervisors, scheduled for October 7th. ...
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| Jul 28th |
Dreaming of Ocean View Homes and Estates in the Santa Barbara and Montecito CA Areas!! |
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2008
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Categories: Buyer's Resources & Advice, Luxury Real Estate |
Santa Barbara with OCEAN VIEWS!!!
Some of the most prized real estate to be found here in the Santa Barbara and Montecito areas is the abundant ocean and island view homes and estates that exist. With numerous hills and bluff tops throughout the town, the back drop of the Santa Ynez Mountains and the gorgeous coast line and local islands that stretch out to the horizon, it is no wonder that ocean view homes are extremely desirable in our area.
With so much varied terrain, I have tried to outline below the many options when looking for a property with an ocean view.
Montecito - Full of...
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| May 7th |
The New Expansion of Luxury Townhomes and Condos in Santa Barbara CA. |
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2008
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Categories: Downtown Neighborhood, Luxury Real Estate |
In the last 3-5 years, Santa Barbara has seen several small mixed-use style projects consisting of 2-10 residential townhome units sprout up within shouting distance of State Street and the downtown area. Most of these projects finished development before the market started to soften in early 2007 and therefore had no problem finding buyers.
The Paseo Chapala project located on the Corner of Chapala Street and De La Guerra Street was the first major development in the last several years that unfortunately got caught in the downturn of the market and presently still has 7 residential units up for sale. Even with this news,...
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| Apr 15th |
Santa Barbara Luxury Property Sales Continue to Set Records Year After Year |
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2008
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Categories: Luxury Real Estate, Santa Barbara |
One market that has not been effected by all the negative national news with regards to the credit crisis and sub-prime fallout is the high-end homes and luxury estates in Montecito and Santa Barbara CA, particularly along the coastline.
This high-end real estate market is referred to as property sales in excess of $10 Million.
To illustrate the pace and volume of these sales, I have included some statistics below that show the year over year increase in sales.
2002 reported in the MLS approximately $42 Million in sales
2003 reported in the MLS approximately $65 Million in sales
2004...
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| Apr 9th |
The Secret of Santa Barbara and Montecito CA Oceanfront Property and Estates |
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2008
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Categories: Luxury Real Estate, The Oceanfront Areas |
The American Riviera...or the California Gold Coast...
Many seductive names have been used and are used to describe the coastal area here in the Santa Barbara and Montecito CA area. If you spend some time strolling the beaches and admiring the lucky few who live along the oceanfront, you will understand why many feel this area is one of the most desirable and sought after places to live and own real estate.
Below is a descriptive list of the main beaches and the real estate values in these areas, stretching from Carpinteria in the south, to Montecito and Santa Barbara and finally out to Goleta...
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| Apr 8th |
The Luxury of Santa Barbara and Montecito Oceanfront Real Estate |
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2008
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Categories: Luxury Real Estate, The Oceanfront Areas |
Santa Barbara - The Oceanfront
The oceanfront along the Santa Barbara coastline is referred to as roughly the 20 miles that stretch from Goleta and Santa Barbara to Montecito and Carpinteria. This entire coastline is blessed with some of the world's most scenic, clean and safe beaches, as well as some of the most spectacular estate sites. As a surprise to many, most of our coast and beaches in Santa Barbara face south/southwest as opposed to direct west, as most of the California beaches do. This more south facing orientation along with the Santa Ynez coastal mountain range as a backdrop allows the Santa Barbara...
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| Jan 17th |
Looking for Luxury Accommodation on your next Visit to Santa Barbara CA. |
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2008
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Categories: Luxury Real Estate, Santa Barbara |
If your looking for a top luxury accommodation on your next visit to Santa Barbara, you might think about The Simpson House Inn, named one of California's top luxury accommodations. Recently the Simpson House was named California's best bed and breakfast by the Los Angeles Times and was honored with the 2008 AAA Five- Diamond Award for its eleventh consecutive year. The Simpson House Inn is the only accommodations here in Santa Barbara to receive the award and the only bed and breakfast to receive the award in North America.
Located at 121 East Arrellaga Street, The Simpson House Inn is located close...
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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
- Santa Barbara
- The Oceanfront Areas
- Downtown Neighborhood
- Buyer's Resources & Advice
- Montecito
- Market Statistics / Updates
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- The Riviera Neighborhood
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Categories
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