Incorporated in 1924, the Hope Ranch Park Homes Association watches over this elite residential area filled with magnificent estates. This wonderful area has an abundance of lush and gently rolling hills hosting approximately 700 homes, most of them luxurious Hope Ranch estates with gorgeous landscaped grounds.
Many of these estates sit perched on these low hills that provide expansive views of both the Santa Ynez Mountains and The Pacific Ocean. Membership in the association is automatic upon purchasing a home and brings many privileges: the private beach, a polo field, tennis courts, a soccer field, and the advantages of the Hope Ranch Riding Trails Association. The riding association has laid out over 20 miles of riding trails traversing throughout the area, including access to the private Hope Ranch beach.
You enter Hope Ranch passing through the arched gate and under the infamous sign suspended across Las Palmas Drive. Planted in the early 1900s, towering palms line the main boulevard, Las Palmas Road. Wearing jodhpurs and shiny black boots, young girls on horseback gallop along a tree-lined trail. An early morning jogger circles serene Laguna Blanca Lake. A golfing foursome takes a private stroll at the La Cumbre Country Club with its wonderful course set around beautiful Laguna Blanca. The gentle hills provide a great venue to ride bikes with numerous viewing opportunities. Most homes have either ocean views or mountain views and almost all with great settings.
Santa Barbara and its world-class shopping, dining, cultural and recreational amenities are all within a few minutes drive.
Hope Ranch Real Estate values average around $1.25 to $3.5 million. Spectacular view homes, estates and ocean front property start at around $3 million and can exceed this amount fivefold, tenfold or more…
If you are interested in real estate here in Hope Ranch, 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.
Read About: Hope Ranch Oceanfront Areas
Search: Properties in Hope Ranch
View: Map Hope Ranch Area
Schools in the Hope Ranch Area:
To Continue Reading Updated Articles About Hope Ranch Scroll Down
Here are the latest 3rd quarter real estate updates for the Hope Ranch area here in Santa Barbara. As the graph shows, the market in Hope Ranch has been slower than the rest of the Santa Barbara area. Both the average list price and sold price have been down a fair amount compared to the last 2 years. Overall sales have also dropped compared to the previous 2 years. Currently as of November 6th, 2013, there are: 29 Active Listings ranging in... Continue Reading >
Below is a detailed market comparison of Santa Barbara real estate that lays out the yearly market comparison of Sold Listings as well as New Listings. This comparison takes in all the areas from Goleta, to Santa Barbara, to Hope Ranch, to Montecito, to Summerland and Carpinteria. These numbers are then broken down further to include: Dollar volume of New and Sold Listings Median sales price of New and Sold Listings If you have any further questions about these statistics, please let me... Continue Reading >
Every year here in the Santa Barbara / Montecito / Hope Ranch / Carpinteria areas, we see some very exclusive high end real estate sales. Often some of these sales top the $20 million mark which is a lot to be said for the demand for exclusive luxury property in our area. Although we see sales above the $20 million price point, more often than not, the "high end" sales tend to be in the $10 to $20 million price... Continue Reading >
Our 2013 Santa Barbara real estate market has started off exactly where 2012 ended...strong in pretty much every area and in most every price point. One of our stronger areas is the Hope Ranch area, especially in the entry / lower level price point of around $1.3 to $2.75 million. Most everything is selling right away in this price point and the reality is that most any listing that is staying on the market in this price point is simply believed... Continue Reading >
High end sales are nothing new for Santa Barbara and our surrounding communities. Within Hope Ranch, Montecito and along the coastline, we see some very exclusive high end real estate sales each and every year. Many of these sales are topping out above the $10 million mark. I just read a recent article by CNBC, that once again ranks Montecito and 93108 as the 3rd rated zip code in America when it comes to the number of homes that are... Continue Reading >
A little late to be doing a recap of the 2012 real estate market here in the Santa Barbara area, but with the last 5 weeks filled with a combination of my family getting sick, being extremely busy with work and the lack of sleep because of our new little baby...that is what unfortunately happens. So what happened in 2012? In hindsight it is now very clear to see that anyone who had the foresight to buy property from around October 2011 - April 2012... Continue Reading >
Here is a great simple graph that looks at the overall average selling prices for homes here in the Santa Barbara area. The graph breaks down the prices into the main neighborhoods of Santa Barbara...Montecito, Santa Barbara proper, Carpinteria / Summerland, Hope Ranch and Goleta. One of the first obvious looks shows that our high end properties are really starting to see a big increase in demand. Both Hope Ranch and Montecito have seen prices increase a good amount in the last... Continue Reading >
Hope Ranch real estate has seen a good amount of activity so far in 2012. All across the board from the entry level homes (for the area) up to $20 million estates, properties are selling. The highest sale year to date was a magical 14 acre "Trophy Estate" set along the bluff top that closed for just over $18 million. Outside of this, 25 other properties have closed sale this year with many "fixers" and entry level homes priced in the... Continue Reading >
Here are the latest CORT report statistics for real estate here in Santa Barbara, Montecito, Goleta and Hope Ranch. The overall market also continues to be very strong with most well priced homes selling within a few days to a few weeks. Buyers continue to be very comfortable with prices and are taking advantage of incredibly low interest rates. Other strong signs for the market is that many investors are now buying again as well as cash investors. We are also... Continue Reading >
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 >
So where has the market been in Hope Ranch here in Santa Barbara? Overall, the real estate market in the Hope Ranch area has been a little slower than normal and most sales have been in the lower end price point for this area. Here is simple to view summary of the real estate market for Hope Ranch for the summer months through until the end of October 2011. Closed Sales in the Hope Ranch Area During these 5 months from June... Continue Reading >
Here are some of the latest statistics for the CORT reports for real estate here in Santa Barbara, Montecito and Hope Ranch CA. These statistics give a quick overview of comparative price changes in the real estate market in the month of July for the last 8 years. Further Reading: Cort Report Summerland, Carpinteria, Goleta Sotheby's Int'l Realty - Santa Barbara and Montecito Is My Realtor a Santa Barbara Neighborhood Specialist? Santa Barbara Real Estate Market Statistics How Difficult is it to Get a Loan These... Continue Reading >