Montecito

Feb 8th	CORT Report Sales for Santa Barbara CA. December 2009 & January 2010
2010	Categories: Hope Ranch, Market Statistics / Updates, Montecito, Santa Barbara

View: Detailed list of each home that has sold including price for January 2010 Further Reading: The Mesa Neighborhood 2009 Sale Statistics The Riviera Neighborhood 2009 Sales Statistics Hope Ranch CA Real Estate Home Sales Statistics - 2009 Montecito CA Real Estate Home Sales Statistics - 2009 The Riviera Neighborhood The Upper East Neighborhood Santa Barbara Market Statistics Santa Barbara Photo Tour Buyer's Resources for the Santa Barbara area Seller's Resources for the Santa Barbara area 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... Read more

0 Comments »

Feb 7th	New Luxury Bank Owned Opportunity – Montecito Foreclosure with Great Views $3.5 Million
2010	Categories: Foreclosures & Bank Owned, Luxury Real Estate, Montecito

One of the few luxury banked owned homes to come onto the market happened this last week.  The bank will be taking a look at offers early this coming week.  Wonderful ocean, harbor and city views on roughly 1.3+/-acres.  Currently under construction although much of the home is complete.  3 bedrooms, 2.5 baths with a guest home, 3 car garage which is still under construction and in the beginning stage of being converted into a 2 bedroom guest home.  Can be converted back to garage or will need to submit permits to continue work.  This is a true opportunity. View Listing Further... Read more

Tags: montecito foreclosure, montecito luxury foreclosures

0 Comments »

Feb 4th	The Top 10 Most Expensive Real Estate Sales in Montecito CA. in 2009.
2010	Categories: Luxury Real Estate, Montecito

The coastal paradise of Montecito CA. seems to always find its place in the top 10 most expensive neighborhoods in the United States.  It is not hard to argue with this based on the quality of life that it offers with the small village feel, gorgeous scenery, ocean views and coastal beaches, access to Santa Barbara etc. In 2009, after a slower start to the year, there continued to be the buyer demand we have been used to for quality properties in Montecito and Santa Barbara in general.  Although prices have dropped 20-35% from the peak a few years back, the... Read more

Tags: montecito top 10 most expensive real estate sales 2009

0 Comments »

Jan 11th	Montecito CA. Real Estate Home Sales Statistics – Year End 2009
2010	Categories: Market Statistics / Updates, Montecito

In 2009, there were a total of 155 closed sales of single family homes and condos in Montecito CA.  As of December 31st, 2009, there were 25 properties in Montecito that were pending sale (under contract). The lowest sale in Montecito was a bank owned 2 bed 2 bath condo located at 1220 Coast Village Road, Montecito CA., 93108.  The sales price was $625,000. The highest sale in Montecito was a gorgeous estate located on Rockbridge Road in the heart of Montecito.  The sales price was $25,279,165. Overall, the market in Montecito was fairly normal as far as activity the entire year after... Read more

Tags: montecito home sales statistics, montecito real estate sales, montecito sales 2009

0 Comments »

Oct 13th	Ty Warner’s Major Renovation of Montecito Country Club – Jack Nicklaus Design
2009	Categories: Lifestyle / Things to Do, Montecito

  For golf fans here in the Montecito and Santa Barbara CA. area, a treat is on the horizon.  Local billionaire developer, Ty Warner is adding to his portfolio of revamping major luxury properties here in Santa Barbara and Montecito. Having in the last few years already "done up" The San Ysidro Ranch, The Biltmore and The Coral Casino, Mr. Warner has now set his sites on golf in the form of Montecito Country Club.  Mr Warner has already received approval of the project and to everyone's delight is working with Jack Nicklaus on the new course design. Estimated dates of completion are... Read more

Tags: montecito ca golf club, montecito country club, montecito golf, ty warner golf montecito

0 Comments »

Oct 6th	Any Luxury Homes in Foreclosure in Montecito CA?
2009	Categories: Foreclosures & Bank Owned, Montecito

  A few times a month for the last year or so I have been asked by someone about the state of foreclosures in Montecito and our other luxury areas here in Santa Barbara CA.  Being that there is so much doom and gloom across the U.S. with the housing market and lately a lot of this effecting the high end neighborhoods, this is a very normal question. So what is the state of foreclosures in Montecito and our luxury areas? Not too dramatic if you ask me.  I have talked with many title reps, lenders and searched myself on several "foreclosure sites"... Read more

0 Comments »

Sep 16th	Montecito CA. Luxury Real Estate Sales – Statistics Through Sept 15th, 2009
2009	Categories: Luxury Real Estate, Market Statistics / Updates, Montecito

Here and there I am proposed various questions from clients about the luxury market here in Montecito CA., such as where are the most famous homes located and/or what is the most expensive home to sell this year or any year for that matter.  Many times though it is as "simple" as what is the true definition of luxury real estate here in the Montecito area.  The answer is that there is no exact definition of luxury real estate and this varies greatly depending on the circumstances, whom you talk to, location in our town etc.  But in order to... Read more

Tags: montecito luxury real estate, Montecito Luxury Real Estate Sales 2009

1 Comment »

Jul 7th	Montecito Real Estate Sales Update, Santa Barbara CA. — First 6 Months 2009
2009	Categories: Market Statistics / Updates, Montecito

For the first 6 months of 2009, there were 55 closed sales of single family homes and condos in Montecito CA.  As of July 1st, 2009, there were 12 properties in Montecito that are pending sale (under contract). The lowest sale in Montecito was a decent 3 bedroom 2 bath condo located at 1930 North Jameson Lane, Montecito CA, 93108.  The sales price was $679,000. The highest sale in Montecito was an exceptional French Country estate with expansive gardens and ocean views located on Rockbridge Road, Montecito CA, 93108.  The sales price was $25,279,000. Although the market in Montecito overall has been a... Read more

Tags: montecito ca real estate, montecito ca real estate sales, montecito real estate market

0 Comments »

Feb 16th	Santa Barbara CA Real Estate – Montecito CA Area Sales Statistics Year End 2008
2009	Categories: Market Statistics / Updates, Montecito

Montecito CA Real Estate - Year End Sales Statistics for 2008 I have summarized below an easy to look at brief outline of the overall Santa Barbara MLS statistics for both single family homes and condos in the Montecito CA. area for the year 2008.  The comparisons are drawn against the previous year's statistics (2007) for Montecito CA Real Estate. SINGLE FAMILY HOMES: Single family home listings were up 21% from 336 listings to 408 listings compared to 2007 Single family homes sold were down 18% from 191 to 156 single family homes sold The average sales price was up 16% from $3,690,095 to $4,316,684 The... Read more

Tags: montecito ca real estate, montecito ca real estate sales 2008, montecito ca real estate statistics 2008

0 Comments »

Dec 21st	Sotheby’s International Realty – Santa Barbara and Montecito CA.
2008	Categories: Montecito, Santa Barbara

Sotheby's International Realty in Santa Barbara CA. is the areas largest real estate company and has been selling prestigious homes in our area for over 4 decades, first as the largest locally owned company Pitts & Bachmann Realtors, and now as Sotheby's Int'l Realty.  Placing client needs at the center of our business philosophy, Sotheby's Int'l Realty in Santa Barbara and Montecito CA. is committed to providing superior service with the highest ethical and professional standards. Why do people locally in Santa Barbara and Montecito choose to work with Sotheby's Int'l Realty for their real estate needs?  ---Many of the comments I receive include... Read more

Tags: sotheby's int'l realty montecito ca, sotheby's int'l realty santa barbara ca, sotheby's realty montecito california, sotheby's realty santa barbara california

2 Comments »

Dec 10th	Things to Do in Santa Barbara, California – Montecito and Shopping
2008	Categories: Lifestyle / Things to Do, Montecito

Whether you are a local, in town visiting family and/or friends, or here on vacation in Santa Barbara, California, there is never a lack of activities and things to do in our wonderful seaside resort community.  Here below is the fourth installment in a series of articles that point out some of Santa Barbara's most prominent local attractions.  Some of these will be cultural, some dining, some active pursuits and some I am still deciding on.  This fourth installment will be focusing on... The Montecito Area and Shopping: Montecito has taken a huge accent into the high-end luxury real estate world in the last 10... Read more

Tags: montecito attractions, montecito local attractions, montecito real estate, montecito shopping, montecito things to do, things to do in santa barbara, vacation in montecito california

0 Comments »

Oct 30th	The Premier Gated Golfing Community of Birnam Wood Country Club, Montecito CA.
2008	Categories: Lifestyle / Things to Do, Montecito

Birnam Wood is located in the heart of Montecito CA., and is considered the premier gated golfing community within Santa Barbara.  Birnam Wood first started development in the early 1970's and is made up of only single family homes and estates and consists of a total of 142 unique homes with currently 2-3 vacant lots left to build on.   Most of the homes in Birnam Wood are very private feeling and line the golf course.  All homes primarily sit on 1 acre parcels (although the net land of these parcels is less as easements often extend into the golf course and/or road).  All homes must... Read more

Tags: birnam wood, montecito gated community, montecito golf, santa barbara gated community

1 Comment »