Santa Barbara Real Estate Voice » The Riviera Neighborhood

New Lower Rivera / Upper East Townhomes with Ocean Views and Close to Downtown Santa Barbara

kevinschmidtchen — Tue, 07 Feb 2012 21:44:41 +0000

Looking for a new built townhome or condo close to Downtown Santa Barbara? with views etc.?

Welcome to Bella Riviera.

Bella Riviera is a brand new community located here in Santa Barbara sandwiched in between The Upper East and The Lower Riviera neighborhoods. Bella Riviera just opened this past week for sales with a total of 115 residences being offered. Not all of these wonderful homes will be open to the public, as a portion have been set aside as housing for Cottage Hospital. The site of Bella Rivera itself sits atop the old grounds of the St. Francis Hospital. Santa Barbara Cottage hospital bought the land years ago with these exact plans…to offer wonderful housing to the community of Santa Barbara with a portion of the residences set aside for sale exclusively to employees of Cottage Health System.

Santa Barbara Bella Riviera

Most of the units look to have a combination of both good indoor and outdoors spaces. Square feet varies falling roughly between 750 and 1570 sqft, 1 to 3 bedrooms with 1 to 3 baths. Some of the homes will overlook the entire community as well as have wonderful panoramic ocean & city views from both living levels. The residences are being marketed as townhomes, villas, and cottages with two-and three-story designs.

Bella Riviera Santa Barbara site plan

So far everything looks very nice with the first finished units scheduled to close around May 2012. Right now there exists 3 finished show homes. Other units will continue to follow and the entire community should be completed sometime in the Fall of 2012. Bella Riviera is also a development built to Santa Barbara green standards.

Prices so far are set around $600,000 to $985,000.

If you have any further questions about the properties, would like to view more pictures, look at design details and/or would like to view the homes in person etc….please feel free to give me a call at # 805-689-6877.

Additionally, there are 2 other newer smaller complexes (8 units and 15 units) being developed here in Santa Barbara that will be a little more spacious and higher end with prices around the $1.1 to $1.5 million range and sqft around 1500 to 2400.

View: Santa Barbara Condos and Townhomes $300,000 to $750,000

View: Santa Barbara Condos and Townhomes $750,000 to $1.5 million

View: Santa Barbara and Montecito Condos and Townhomes $750,000 to $4 million

Further Reading:

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 Realty.

Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.

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What Are Considered the Higher End Neighborhoods in Santa Barbara?

kevinschmidtchen — Sun, 03 Jul 2011 20:01:46 +0000

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 the things that sets Montecito apart from most high end areas around the country is the extreme high end values. Within Montecito there is a legitimate real estate market of homes in the $12 – $20 million price point. Only a handful of areas in our country have this and most all of them sit next to a major city.

Hope Ranch follows Montecito as the second most exclusive area within Santa Barbara. Most of the “average homes” in Hope Ranch tend to sell somewhere between $1.7 and $3 million. Hope Ranch also has a very high end with values within this high end ranging from $7 to $20 million.

The next highest end neighborhood is most likely The Riviera. This is the beautiful “hill” that lines the town of Santa Barbara with most likely 50-70% of homes having gorgeous island and ocean views. The “average home” on The Riviera tends to sell for somewhere between $1.4 and $2.8 million.

The Upper East is considered the oldest established in-town residential area just off State Street. Most of the homes simply have larger yards and wonderful settings, but tend to be much bigger homes on average. The “average home” here also tends to sell for somewhere between $1.4 and $2.8 million.

The final higher end neighborhood is a little nook of a neighborhood along the ocean just outside of Hope Ranch called Campanil Hill and Braemar. Most of the homes that tend to sell here have spectacular ocean views and range from $1.3 to $3 million on average with the highest end most likely around the $4-7 million price point.

These 5 areas are not the only high end areas in Santa Barbara as many other areas have homes selling easily above the $1.5 million price point such as The Mesa, The Foothills, scattered ranches and anything along the ocean front. With that said, Montecito, Hope Ranch, The Riviera, Campanil Hill and The Upper East are for most people considered the “higher end neighborhoods” within Santa Barbara.

View: Santa Barbara Real Estate $1-3 Million

View: Santa Barbara Real Estate $3-5 Million

View: Santa Barbara Real Estate $5 million and Above

Further Reading:

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Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.

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

kevinschmidtchen — Fri, 10 Jun 2011 16:48:46 +0000

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 of us are blessed with having homes with wonderful ocean and island views. With all the different null tops around our town, there are also many different “ocean views.” Locals have become somewhat jaded with their opinions on what constitutes a “good ocean view”, and thus begs the question…How Much Does an Ocean View Home Cost here in Santa Barbara?

Generally speaking, the areas of town that have the most legitimate ocean views are The Mesa, The Riviera, Montecito, Hope Ranch and Summerland. There are pockets of ocean view homes everywhere, but these are the main areas with an abundance of ocean view property.

On The Mesa you are generally looking at a starting point of around $900,000 to find an ocean view home with the bulk ranging from around $1,000,000 to $1,300,000. On The Mesa you can easily go up to $2 million for a great ocean view home as well as $3 million for a bluff top ocean view home.

Santa Barbara - The Mesa Ocean View

On The Riviera you are generally looking at a starting point of around $1,000,000 million for an ocean view home with the bulk of ocean view homes from around $1,200,000 to $2,000,000. The high end ocean view homes on the Riviera generally fall into the $1,700,000 to $3,500,000 price point.

Santa Barbara - Riviera Ocean View

In both Montecito and Hope Ranch, you are generally looking at at least $1,700,000 for a starting point for an ocean view home and at this price point it will be a fixer. A quality ocean view home in both these areas will start at around $2,200,000 with the bulk of “good ocean view” homes going much higher.

In Summerland most all of the homes are ocean view homes. Prices generally start at around $600,000 for a fixer ocean view home with the bulk of these being around $800,000 to $1,500,000. The biggest issue with Summerland is that most homes have some freeway noise.

Further Reading:

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Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.

A Recent History of the Median Price Point for Santa Barbara Real Estate – East of State

kevinschmidtchen — Fri, 28 May 2010 20:06:45 +0000

Here is a quick glance over the last 30 years of the median price point for single family homes for Santa Barbara Real Estate – East of State.

Further Reading:

Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.

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Santa Barbara Real Estate Home Sales Statistics – The Riviera Neighborhood Year End 2009

kevinschmidtchen — Thu, 07 Jan 2010 16:20:29 +0000

In 2009, there were a total of 40 closed sales of single family homes and condos in The Riviera Neighborhood here in Santa Barbara CA. As of year end, there were 2 properties in The Riviera Neighborhood that were pending sale (under contract).

The lowest sale on The Riviera was essentially a lot located at 581 Las Alturas Road, Santa Barbara CA., 93103. The sales price was $415,000. This was probably one of the best deals seen all year.

The highest sale on The Riviera was an architecturally significant 1920′s Spanish Villa located at 2211 Las Tunas Road, Santa Barbara CA., 93103. The sales price was $3,295,000.

Overall, the market on The Riviera was pretty normal as far as activity the entire year.

If you would like a more complete update on The Riviera market, specific information about the general neighborhood and/or any other areas within Santa Barbara, Montecito, Carpinteria, Goleta, Hope Ranch, Summerland, and/or The Santa Ynez Valley, please feel free to contact me.

Further Reading:

Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.

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The Riviera Real Estate Sales Update, Santa Barbara CA. – First 6 Months 2009

kevinschmidtchen — Thu, 16 Jul 2009 10:39:22 +0000

For the first 6 months of 2009, there were a total of 13 closed sales of single family homes and condos on The Riviera here in Santa Barbara CA. As of July 1st, 2009, there were 8 properties on The Riviera that were pending sale (under contract).

The lowest sale on The Riviera was a lot and a foundation with good ocean views in which a buyer got one of the best deals we have seen here in Santa Barbara located at 581 Las Alturas Road, Santa Barbara CA., 93103. The sales price was $415,000.

The highest sale on The Riviera was an exquisite Spanish Style ocean view home with a pool located at 939 Arbolado Road, Santa Barbara CA., 93103. The sales price was $3,225,000.

Overall, the market on The Riviera was a little slower than normal as far as activity in the first 6 months. Part of this is due to the fires both in late 2008 as well as May 2009. If you would like a more complete update on The Riviera market and/or any other areas within Santa Barbara, Montecito, Carpinteria, Goleta, Hope Ranch, Summerland, and/or The Santa Ynez Valley, please feel free to contact me.

Further Reading:

Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.

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Santa Barbara CA Real Estate – The Riviera Neighborhood Sales Statistics Year End 2008

kevinschmidtchen — Thu, 29 Jan 2009 15:42:28 +0000

Here is a brief visual view of the overall 2008 sales in The Riviera Neighborhood of Santa Barbara CA.
The highest sale in the Santa Barbara MLS for 2008 in The Riviera Neighborhood was a single family home for $ 3.4 Million on Las Tunas. The lowest sale in The Riviera Neighborhood was a fixer for $650,000 on East Street.

Further Reading:

For a complete summary of the Santa Barbara Real Estate Market in 2008, information in general on Santa Barbara Real Estate, Montecito Real Estate 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 International Realty.

Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.

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Santa Barbara CA Neighborhoods – The Riviera

kevinschmidtchen — Wed, 12 Mar 2008 16:11:14 +0000

The Riviera

Bridging the two mile span which separates Mission and Sycamore Canyons, the sylvan uplift which the padres knew as the “mission ridge” has for the past 65 years been known as “the Riviera” due to its resemblance to slopes along the Mediterranean coasts of France and Italy. Residents lucky enough to live on this ridge attach premium value to their homes because of their unsurpassed views of the city, mountains, sea and islands. Most of the area has curving streets with mature trees and foliage. The topography of the Riviera is relatively steep and not easily reached via walking or biking.

The Riviera Real Estate values average around $ 900,000 to $ 8 million. The Riviera view homes and estates start at around $ 1.25 million and can go up to $ 8 million.

If you are interested in real estate here in Santa Barbara, Montecito and our surrounding areas, as well as any other aspects of life here, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.

View: Real Estate on The Riviera

Receive: Personal Listings of Real Estate from The Riviera or other Santa Barbara Areas

Read: Articles About The Riviera Neighborhood

View: Map of The Riviera Neighborhood

Schools in The Riviera Area:

Cleveland School

Marymount

View: All Schools in the Entire Santa Barbara Area

Read About Other Santa Barbara Neighborhoods and Schools:

Downtown, The Mesa, The Westside, Mission Canyon, San Roque, Samarkand,

The Upper East, Campanil Hill and Yankee Farm, The Oceanfront

Further Reading:

Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.

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