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Kevin Schmidtchen

Realtor
Sotheby's International Realty

1436 State Street

Santa Barbara, CA 93101

[email protected]

Phone or Text

(805) 689-6877

Miramar Hotel Project Update for January 2011, Montecito CA.

Santa Barbara Real Estate Voice So what is happening with the Miramar Hotel?  Disrepair now for more than a decade...any plans?  I hear these questions here and there and with each update there seems to be some sign of life for the project. The current owner of the project, Rick Caruso has recently submitted a revised plan that will hopefully appease everyone.  Certain parts of the project have been scrapped such as the ballroom while other part have been moved to other areas of the site. ... Continue Reading >

Montecito Real Estate 2010 Year End Sales – Single Family Homes Year End Stats

Santa Barbara Real Estate Voice Here are the final year end statistics for single family homes sales in Montecito for 2010.   1) Overall there were a total of 153 Closed Sales (reported by the Santa Barbara/Montecito MLS) of single family homes in Montecito. 2) These 153 were slightly higher than in 2009 where we had a total of 143 Closed Sales of single family homes. 3) The lowest sale was a small Bank Owned cottage located at 1394 Danielson Road, Montecito, CA 93108 that sold for $685,000. 4) The... Continue Reading >

November 2010 Cort Reports Santa Barbara, Montecito and Hope Ranch

Santa Barbara Real Estate Voice Here are the latest Cort reports for sales here in the Santa Barbara area for the month of November 2010 for Santa Barbara proper, Montecito and Hope Ranch. Further Reading: Sotheby's Int'l Realty - Santa Barbara and Montecito Is My Realtor a Santa Barbara Neighborhood Specialist? Articles on Luxury Real Estate Articles on The Oceanfront Areas Articles for Foreign Buyers/Sellers Sotheby's Int'l Realty Tops in Sales 2010 For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of... Continue Reading >

2010 Top 10 Oceanfront Real Estate Sales For Montecito, Santa Barbara, Hope Ranch and Carpinteria

Santa Barbara Real Estate Voice The dream of living on the ocean. For most, this is the ultimate...especially if it is here in our wonderful home of Santa Barbara.  Fresh air, pounding waves, sand at your toes... With 2009 being a pretty tough year for oceanfront real estate sales in the Santa Barbara, Carpinteria and Montecito areas, 2010 has seen solid sales for most of the year.  Prices on average have come down anywhere from 35-40% from their peak in 2007, but now seem to hit... Continue Reading >

Montecito Beachfront Town Homes and Condos at Bargain Prices!! Bonnymede & Montecito Shores

Santa Barbara Real Estate Voice As the run up in real estate values continued through early 2008 here in the Montecito area, the exclusive condominium enclaves of Bonnymede and Montecito Shores (the only 2 oceanfront condo / town home complexes we have in the Montecito area) saw prices comfortably in the $2.5 - 5 Million range.  Many of these units seemed to be selling to either 2nd home buyers or Montecito residents downsizing from larger estates.  As the market has changed over the last 2... Continue Reading >

Montecito Real Estate Update – Pulse of The Market $2.5 to $4 Million

Santa Barbara Real Estate Voice As the overall market prices have fallen in the last 2 years, the heart of the Montecito Real Estate market is once again around the $2 to $4 million price point.  Currently I am working with 4 sets of clients that are looking in this price range and so I thought I would give a quick update as to where it feels that we are at. In a quick word...slow.  Year to date there have only been 15 sales in this... Continue Reading >

Montecito CA Among Top 10 Most Expensive Zip Codes in America – 93108

Santa Barbara Real Estate Voice According to an article in the latest addition of Forbes, Montecito, here in Santa Barbara CA is once again among the top 10 Most Expensive zip codes in America.  Six of the top 10 zip codes are in California while the other 4 zip codes reside around the New York area. Top 10 List: Duarte/Bradbury, California 91008: Median Home Price $4.27 Million  Atherton, California 94027: Median Home Price $4.01 Million Rolling Hills, California 90274: Median Home Price $3.89 Million Alpine, N.J. 07620: Median Home... Continue Reading >