The Oceanfront Areas Category

High End Luxury Montecito Real Estate Sales Continue Their Strong Pace

The very high end luxury real estate market here in Montecito is seeing a great deal of activity and sales here in the first part of the year.  This is in pretty stark comparison to the sales here in the last year(s). 2009 - 10 Total sales over $7.5 million 2010 - 14 Total sales over $7.5 million 2011 - 4 Total sales over $7.5 million In 2012, we have already seen 8 total closed sales over the first 5 months of the year, 5 of which... Continue Reading >

Montecito Real Estate – Luxury Market Update First 10 weeks in 2012

After a relatively slower luxury high end real estate market here in 2011 in the Santa Barbara area, 2012 has started out with a fair amount of activity in our luxury high end market.  For purposes of this post, I will be referring to the luxury high end real estate market as home values of $7,500,000 and above. In the Santa Barbara area, the areas in which we find these higher values tend to be pretty much centralized in Montecito, Hope Ranch, along the... Continue Reading >

Santa Barbara Real Estate – Carpinteria Real Estate Market Update June – October 2011

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... Continue Reading >

Montecito CA. Real Estate Once Again Finds Itself in Top 10 Wealthiest Zip Codes in the U.S.

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... Continue Reading >

How Much Does an Ocean View Home Cost in Santa Barbara CA?

There are many different reasons why we all choose to live here in Santa Barbara.  Each and everyone one of them add up to a great quality of life.  Among  the most obvious are the medium sized town, the culture and arts, the restaurants, the weather, all the outdoor pursuits...you name.  There are many wonderful realities of a life here on The American Riviera. Although the beach and the ocean are never more than a few minutes away for all of us, some... Continue Reading >

Good Activity on Beach Front and Ocean Front Homes from Carpinteria to Santa Barbara

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... Continue Reading >

2010 Top 10 Oceanfront Real Estate Sales For Montecito, Santa Barbara, Hope Ranch and Carpinteria

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... Continue Reading >

Montecito Beachfront Town Homes and Condos at Bargain Prices!! Bonnymede & Montecito Shores

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... Continue Reading >

Santa Barbara CA. Among Top 10 Most Expensive Real Estate Markets in the U.S.

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,... Continue Reading >

Beachfront / Blufftop Real Estate Sales Santa Barbara CA – 1st Quarter 2010

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... Continue Reading >

The Top 10 Most Expensive Beachfront Real Estate Sales in Santa Barbara, Montecito and Carpinteria CA.

Year to date, here is a list of the top 5 most expensive beachfront real estate sales for 2009 here in the Santa Barbara, Montecito, Summerland and Carpinteria CA areas.  Most of the beachfront sales in the last 15 months have been at prices about 30-40% from the peaks in early 2008.  Of all the markets here in the Santa Barbara area, our luxury beach front real estate has most likely taken the hardest hit in values.  4385 Marina Drive, Santa... Continue Reading >

Santa Barbara CA. Oceanfront / Beachfront Real Estate Sales Update – First 6 Months 2009

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... Continue Reading >