Sotheby's International Realty
1436 State Street
Santa Barbara, CA 93101
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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. ... Continue Reading >
The American Architect, George Washington Smith and His Life and Work in Santa Barbara and Montecito CA.
George Washington Smith, (February 22, 1876 – 1930), was an American architect that has an extremely prominent name and history here in Santa Barbara and Montecito CA. Most of his noted work here is most likely for popularizing the Spanish-Colonial Revival style in early 20th Century America. George Washington Smith was born and raised in Pennsylvania. He studied architecture at Harvard University, but reportedly never graduated due to personal reasons. In his mid 30's after various jobs making ends meet, he... Continue Reading >
The Top 10 Most Expensive Beachfront Real Estate Sales in Santa Barbara, Montecito and Carpinteria CA.
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... Continue Reading >
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... Continue Reading >
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... Continue Reading >
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... Continue Reading >
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... Continue Reading >