The Oceanfront Areas

Nov 18th

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

2009

Categories: Luxury Real Estate, Santa Barbara, The Oceanfront Areas

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 Barbara CA., 93108.  Sold for $12,800,000.  Rising from a sun-drenched promontory overlooking the Pacific, "Terra Bella" is a magical romantic... Read more

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Jul 17th

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

2009

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... Read more

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May 20th

Beach House Anyone? Major Price Cuts and Slow Sales Along Santa Barbara’s Premier Oceanfront

2009

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... Read more

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May 11th

Has The Santa Barbara CA. Luxury Real Estate Market Been Effected by the Financial Crisis?

2009

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... Read more

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Nov 9th

Things to Do in Santa Barbara, California – The Waterfront

2008

Categories: Lifestyle / Things to Do, The Oceanfront Areas

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 third 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 third installment will be focusing on... Santa Barbara Waterfront: The Waterfront runs along the coastline from Leadbetter Beach to Buttefly Beach.  This scenic area is a natural fit for... Read more

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Aug 29th

Heal The Ocean Here in Santa Barbara CA.

2008

Categories: Green Housing & Living, Lifestyle / Things to Do, The Oceanfront Areas

Looking for a great organization to get behind here locally in Santa Barbara.   Heal The Ocean should be at the top of your list for too many obvious reasons to list. What Does Heal The Ocean Do? (as taken from their website)  Their philosophy is simple...The ocean can no longer be used as a dump. Heal the Ocean is doing all it can to attack all sources of ocean pollution.  Their basic premise consists of lobbying the government for action on ocean-pollution issues, studying the problems themselves and recommending practical solutions. They undertake scientific studies to identify sources of pollution - from leaking sewer... Read more

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Aug 22nd

Naples Development Becoming a Reality Along the Santa Barbara Coastline?

2008

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. ... Read more

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Aug 4th

Any Decision on The Miramar Project in Montecito CA? Update August 4, 2008

2008

Categories: Montecito, The Oceanfront Areas

Despite a marathon meeting last week, no decision has been made on the hottest topic in Montecito Real Estate...Will Mr. Caruso have his proposed plan for The Miramar project be approved.   For a complete story, Chris Meagher from The Independent, has the latest update and information on where the project stands. Further Reading: Real Estate Market Update for Montecito CA - First 6 Months 2008, Concerns Rise Again About the Proposed Development of the Miramar Hotel in Montecito CA., The Secret of Santa Barbara and Montecito Oceanfront Property and Estates View: Map of Miramar Hotel For information on Real Estate here in Santa Barbara, Montecito and/or our... Read more

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May 14th

Concerns Arise Again About The Proposed Development of The Miramar Hotel in Montecito CA.

2008

Categories: Montecito, The Oceanfront Areas

First it was Ian Schrager, the big city boutique hotelier... Next it was local billionaire Ty Warner, the famous toy maker and hotelier... And now developer Rick Caruso is learning first hand about the long path it will take to please all sides for a proposed development to "revamp" The Miramar Hotel located on the beach in Montecito CA. From the start in 2006 when Mr. Caruso purchased the property from Ty Warner, he has pleased many residents and the city by holding open forums and meetings with community members regarding the development plans for The Miramar Hotel.  The problem is, that to date it... Read more

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May 13th

Will Santa Barbara’s Beloved Rincon Point Real Estate Switch to Sewer in the Near Future?

2008

Categories: Carpinteria, The Oceanfront Areas

Nearing 10 years of at times rather heated controversy, the debate to switch from Septic to Sewer at Rincon Point has taken a large step to becoming a reality.  Rincon Point is home to one of the best waves in all of California and definitely stirs up emotions for many when talking about the health of the ocean.  Ethan Stewart, from The Independent, has written a very informative article about the latest up to date developments. For many, Rincon is the pride and joy when it comes to the ocean for many locals both here in Santa Barbara and in Ventura. ... Read more

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Apr 9th

The Secret of Santa Barbara and Montecito CA Oceanfront Property and Estates

2008

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... Read more

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Apr 8th

The Luxury of Santa Barbara and Montecito Oceanfront Real Estate

2008

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 coastline... Read more

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