Westmont College Expansion Approved in Montecito, CA.

Westmont College, located in high-end residential area of Montecito, CA., won a ruling in Superior Court on Tuesday, December 18th, 2007 to allow the expansion of its master plan.  In the first stage, the plan calls for 165,000 sqft. of new building starting with The Adams Center for the visual arts, The Winter Hall for science and mathematics, a residence hall and a chapel.  Over the coming 20 years, current plans call for an additional 200,000 sqft. of building.  Construction of the first stage is... Continue Reading >

Santa Barbara Real Estate Market Update for the Montecito Real Estate Area – Overall Yearly Sales Statistics for 2007

Santa Barbara Real Estate for the Montecito area for January 1, 2007 - December 31st, 2007. I have summarized below an easy to look at brief outline of the overall statistics for the Santa Barbara Real Estate market for the Montecito area: The total number of single family homes sold was 191.  Overall the average sales price in 2007 was at $3,690,095.  The average days on the market were 113 in 2007. The total number of condos / townhomes sold was 29.  Overall the... Continue Reading >

Ellen DeGeneres Sells Montecito Estate for $20 Million.

After purchasing her Montecito estate just over 1 year ago for $15.75 Million, Ellen Degeneres is on the move.  A buyer has closed on her property in November 2007 for a reported $20,000,000.  The beautiful George Washington Smith Mediterranean-style Montecito estate was built in 1926 by George Washington Smith, a famous architect that has designed several outstanding homes in Santa Barbara and Montecito CA.  The estate had been thoroughly renovated in 2004 and consists of a four-bedroom main house including... Continue Reading >