Montecito

Full of beauty, history and grandeur, Montecito, approximately eight square miles of hidden neighborhoods and expansive estates, has been the destination of choice for celebrities and millionaires for over one hundred years. Montecito offers an unhurried pace of life, breathtaking scenery and two very quaint shopping and dining “villages” that make some locals feel that even the trip a few miles east to Santa Barbara is a small journey.

Montecito is certainly a desirable second and third home location for big city dwellers, but mostly the town is filled with locals who live in Montecito year round and feel truly fortunate.  Two of the finest public schools in the country serve Montecito, and there are three golf courses (two are private), 2 private tennis clubs, a YMCA, luxury spas and several spectacular beaches within the immediate area.  Several private schools are also within the town of Montecito as well as Westmont College, a smaller liberal arts college.  Montecito gently slopes up away from the ocean with gorgeous tree lined streets, great for walking and riding bikes.  Many homes have ocean views and/or mountain views, with most homes hidden behind mature foliage, hedges and trees.

Montecito Real Estate values average around $ 1.5 to $5.5 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 Montecito, Santa Barbara, 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: Montecito and Santa Barbara Oceanfront Areas

Search: Properties in Montecito

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View: Map of Montecito Area

View: Photo Tour of Montecito and Santa Barbara

Schools in the Montecito Area:

Montecito Union School

Cold Springs School

Laguna Blanca

Crane Country Day School

View: All Schools in the Santa Barbara Area

To Continue Reading Updated Articles About Montecito Scroll Down


Aug 29th

Luxury Real Estate Sales $10 Million and Up – Santa Barbara, Montecito, Hope Ranch and Carpinteria CA

2010

Categories: Carpinteria, Hope Ranch, Luxury Real Estate, Montecito, Santa Barbara

When talking about luxury real estate here in the Montecito and Santa Barbara areas, everyone will have their own opinion of what this means and at what price point luxury real estate starts at.  While many other luxury resort areas have very expensive exclusive homes from $3-10 million, Santa Barbara is one of the few areas that also has numerous inventory and sales in the ultra high-end price point...$10 Million and above. Here is a breakdown of the ultra luxury real estate activity here in 2010 as of August 28th (MLS Statistics): Current Active Listings $10 Million and above - 28 Current Pending... Read more

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Aug 9th

Montecito Real Estate Sales – First 6 Months of 2010

2010

Categories: Market Statistics / Updates, Montecito

For the first 6 months of 2010, there were a total of 77 closed real estate sales in the Montecito area.  This is in comparison to only 55 closed sales in the first 6 months of 2009. Below I have broken down these closed sales into price points for comparison of the last 2 years and to see how our upper end real estate market has really started to stabilize and rebound here in Montecito in the last several months. First 6 Months Comparison 2009 vs. 2010 Sales up to $1,000,000 2009 - 6 Sales 2010 - 12... Read more

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May 26th

A Recent History of the Median Price Point for Montecito Real Estate

2010

Categories: Market Statistics / Updates, Montecito

Here is a quick glance over the last 30 years of the median price point for single family homes in the Montecito area. Further Reading: Median Sales Price East of State - Last 30 Years Hope Ranch CA Real Estate Home Sales Statistics - 2009 Montecito CA Real Estate Home Sales Statistics - 2009 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... Read more

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Apr 27th

The Exclusive Valley Club of Montecito – Private Golf Course Montecito CA 93108

2010

Categories: Lifestyle / Things to Do, Montecito

Why is The Valley Club here in Montecito CA ranked on the top 100 list? Simple... Alister MacKenzie.  The Valley Club was designed in 1929 by Alister MacKenzie who was then at the height of his career, having completed Augusta National the same year and Cypress Point the previous year. Some of the defining characteristics of The Valley Club are the high quality small greens, subtle breaks due to the mountain/ocean effect, peaceful setting with mtn. backdrops, as well as MacKenzie-designed bunkers which works into the course with a 'camouflage' effect. The ... Read more

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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

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

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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

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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

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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

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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

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

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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

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