Montecito Real Estate Update - Latest Weekly Trend

February 23, 2023

The number of new listings and active listings in total has been climbing week by week in Montecito, as expected during this time of year. Last week there were 33 active listings in total, 4 of which were new listings. In addition, 4 sales went pending and 1 property closed.

New Listings:

Located near Montecito’s Lower Village is 269 Oak Road, a +/- 1,192 sq ft cottage featuring 2 bedrooms, 1 bathroom, and a charming 1930s style. Sitting on a lot of +/- 8.700 sq ft, the property also features two 1 bedroom, 1 bathroom cottages in the rear. Close to Butterfly Beach, restaurants, shopping, and more! Offered at $3,500,000.
Privately located on a cul-de-sac near Montecito’s Upper & Lower Villages, 1903 Coyote Circle is a Mediterranean-style home with a total of 3 bedrooms, 2.5 bathrooms, and +/- 2,351 sq ft. The spacious home features tall vaulted ceilings, skylights that bring in plenty of natural light, and a large kitchen with a butler pantry. Offered at $3,750,000.
790 Ayala Lane is a warm and inviting renovated home with a gorgeous contemporary design. With +/- 3,251 sq ft and 4 bedrooms and 6 bathrooms, the home features vaulted ceilings with exposed beams, hardwood floors, skylights, and a chef’s kitchen. Outside you’ll find a pool, bocce, a courtyard, lawn space, and incredible views of the nearby mountains. Located at the end of a quiet street, just minutes from Lotusland and Westmont College. Offered at $6,200,000.
1027 Cima Linda Lane is an incredible Tuscan-villa estate with ocean, island, and harbor views. With +/- 8,850 sq ft, the spacious estate consists of 4 bedrooms, 4.5 bathrooms, grand living and dining rooms, and an elevator. Other features include a gourmet kitchen, a library, ocean-view terraces, and a pool overlooking the city. Newly staged and repriced, this estate is now offered at $12,500,000.

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.