Sotheby's International Realty
1436 State Street
Santa Barbara, CA 93101
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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 $1.75 to $5 million. Spectacular view homes, estates and ocean front property start at around $3-4 million and can exceed this amount fivefold or tenfold.
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.
Montecito Real Estate & Homes For Sale
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When it comes to looking at condo options in Montecito CA, there are only a handful of complexes that do exist. If you are looking for a condo or town home style home directly on the beach, there are only 2 options. Both of these options are located on some of the most pristine coastal areas we have in CA. The names of the two complexes are Bonnymede and Montecito Shores. Bonnymede The Bonnymede condominium complex is located just next to the spectacular... Continue Reading >
The estate that became truly iconic through Al Pacino’s “Scarface” has just been re-listed at a much deeper discounted price from the original $35 million asking price several years back. The home is currently listed at $17.9 million and is situated on a rather private feeling 10-plus acre property located in Montecito CA...not in Tony Montana’s decadent (yes fictional) corner of Miami. The home has seen a very extensive and elaborate remodel (including ornate moldings and gold leaf ceiling details), boasting over 9,000 square feet of living... Continue Reading >
Here and there I am still asked by potential buyers, certain clients and/or in just basic conversation about the short sale and REO/Foreclosure market in the Santa Barbara area...Santa Barbara, Goleta, Carpinteria, Montecito, Summerland, Hope Ranch. The questions all seem to have the same theme of whether we see anymore distressed sales in our area or not. The reality is is that there really is no longer per say a "market" anymore for distressed real estate in our area. As the overall real estate market... Continue Reading >
As a real estate agent in the Santa Barbara area, I have the priviledge of viewing a lot of wonderful homes across all price points. We live in a town in which there is a good amount of disposable income and wealth which leads to the fact that there are a lot of people that build and / or remodel some very magical properties. The end product is often a pleasure to see. One of the more popular style homes over the... Continue Reading >
Good Question. We as real estate agents often talk about "overpriced" listings that are on the market here in Santa Barbara, Montecito etc. We also tend to talk often about certain agents that tend to be the ones that take a lot of "overpriced" listings in our area. So what is an overpriced listing? The problem with this question is that there really is no concrete answer. This is especially true here in the Santa Barbara area in general and then more so... Continue Reading >
Just like Santa Barbara proper, Montecito once again in 2014 has seen a fabulous year for anyone who owns real estate in the 93108 area zip code. After the down market starting in September 2008 (Lehman Bros disaster) until about May 2012, Montecito has simply been on a steady rise with regards to values. The latter half of 2012 and the entire 2013 had very strong gains which has now continued through the entire 2014. Statistics show that prices rose somewhere on average between... Continue Reading >
Here are the latest real estate market statistics for the 3rd quarter 2014 for Montecito area. As seen below, the average sales price has been very strong over the last year once again and continued to rise. Overall the market feels that it finally has taken a break in the last few months but time will tell. Inventory continues to be lower than normal, but seems to fluctuate month to month. In the Montecito area homes need to be presented well, priced... Continue Reading >