Feb 12th

Montecito CA Beach Property in High Demand

2008

Categories: Market Statistics / Updates, Montecito

The demand for beach property and beach estates along the Carpinteria, Summerland and Montecito CA coastline in the last several years has been extremely strong.  We have seen some amazing price points established in the very high end market, with the highest reported sale in the last year being $35 Million for a 9 bedroom, 6 bath newly built home on the bluff on Padaro Lane.  Conversely, the lowest reported sale was $895,000 for a 1 bedroom condo in the desirable Bonnymede complex next to The Coral Casino and The Four Seasons Biltmore Resort. I have summarized below an easy to look at brief... Read more

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