Montecito Real Estate Update - Latest Weekly Trend

February 10, 2023

Last week, we saw an uptick in listings in the Montecito market. 4 new listings were introduced to the market. In addition, 2 sales went pending, and there were 3 closings. In total, there are currently 30 active listings available in Montecito.

New Listings:

2005 Birnam Wood Drive is an incredible 3 bedroom, 3.5 bathroom residence located within the ultra-private and gated Birnam Wood Golf Club. Features of the +/- 4,903 sq ft home includes tall vaulted ceilings, a spacious kitchen perfect for entertaining guests, and an incredible patio and spa facing the 10th green. Full of natural light and a spacious floor plan, this property is a must-see! Offered at $7,950,000.
Located near Butterfly Beach, and also back on the market with a new price, is 1022 Fairway Road, a +/- 1,527 sq ft condo with 2 bedrooms + den/ office and 2 bathrooms. Both bedrooms are spacious in size and have an access point to the large patio. Located near the beach, restaurants, and shopping! Offered at $1,550,000.
The perfect coastal investment opportunity - 126 Loureyro Road - is a fully fenced and gated property that consists of 3 studios, a 1-bedroom unit, and a 2-bedroom unit. Each light-filled cottage has new upgrades, and beautiful landscaping surrounding the grounds. Within close proximity to the beach and Lower Village, this property has everything you can ask for! Offered at $4,995,000.
With a mix of modern and mid-century modern is 1524 E Valley Road, a 2 bedroom, 2 bathroom home near Montecito’s Upper Village. Recently renovated by Becker Studios, the property has wonderful upgrades that truly make the property stand out. The sleek kitchen has modern finishes, and the great room has walls of windows that give the property an indoor-outdoor feel. Offered at $2,695,000.

Are you interested in hearing about off-market opportunities in the Montecito area? Let’s connect! We have knowledge of off-market listings on a regular basis.