Montecito Real Estate Update - Latest Weekly Trend

April 4, 2024

The Montecito real estate market currently has 49 actively listed properties, 5 of which are newly listed, 4 closed properties, and 1 pending property.

Four of our Favorite New Listings:

This Montecito Villa, located at 290 Sheffield Drive, is an impressive sanctuary with an impressive gate; a scenic drive unfolds with olive trees and Santa Barbara stonework, leading you to the ultimate retreat. This estate offers 5 bedrooms and 5.5 bathrooms. It has a regal entrance, a sweeping staircase, soaring ceilings, barrel-shaped hallways, Italian tiles, and radiant heated floors, complemented by alder wood flooring and wrought iron fixtures. Meticulously crafted, every detail was noticed in creating this +/- 1.3-acre haven. This estate offers the ultimate indoor/outdoor living with a gourmet kitchen, an inviting outdoor dining area with a fireplace, an ozone pool, and majestic oak trees. This is an entertainer's dream with a luxurious home theater, formal living and dining spaces, a laundry room, and a cozy den featuring a breakfast nook and a well-appointed bar conveniently stocked from the 800-bottle wine cellar. A two-car attached garage and a detached one-car garage offer versatility for a home gym or office. Enjoy the orchard on the grounds, featuring apple, apricot, plum, and avocado trees. Crafted with impeccable artistry, this villa is a turnkey masterpiece. Located in the Montecito Union School District and near hiking trails and the beach, this property embodies the epitome of luxury living in Montecito. Offered at $10,975,000.
Located in the heart of Montecito's Golden Quadrangle, this private and tranquil retreat at 1845 E Mountain Drive offers a 3 bedroom and 4 bathroom primary residence, a charming 2 bedroom, 2 bathroom cottage, and an inviting studio above the garage. Two bedrooms are currently converted into a large closet but can be easily converted back. It was designed by the premier Los Angeles closet designer, Lisa Adams, and constructed at a considerable expense; the primary closet spans nearly 500 square feet, offering an expansive, one-of-a-kind space meticulously curated to store and showcase one's wardrobe. The home's classic California architecture and interiors offer a laid-back elegance. With a thoughtful floor plan emphasizing luxurious entertainment spaces, the home seamlessly connects to the outdoors, allowing optimal enjoyment of the natural beauty of the surrounding lush +/- 1.14 acres. This private oasis is just minutes from the Lower and Upper Villages of Montecito and a mere stone's throw away from the renowned San Ysidro Ranch Resort. Enjoy the solitude of this idyllic property while being just moments away from the vibrant life and all the amenities that Montecito has to offer. Offered at $8,950,000.
This charming home was renovated to perfection, located at 1839 E Mountain Drive, offering a 4 bedroom, 4.5 bathroom retreat that provides a seamless fusion of sophistication and comfort, ensuring a lifestyle of unparalleled refinement. Step into the inviting ambiance of classical elegance married with modern amenities. An impressive foyer sets the stage, leading you to the spacious living room, adorned with open-beam ceilings, large windows offering ocean views, and a built-in wet bar and fireplace, perfect for intimate gatherings and grand entertaining. The culinary masterpiece kitchen features gorgeous oak cabinetry, top-of-the-line appliances, a pantry, and a wine refrigerator, while a sizable adjacent laundry and mudroom add convenience and functionality. Descend a few steps from the kitchen to find a soaring, open-beam family room with a Santa Barbara stone fireplace, offering seamless indoor-outdoor living with access to the pool, terraces, and multiple outdoor entertainment areas. Your private paradise awaits outside with a pool and spa, outdoor kitchen, fire pit, and an outdoor dining area on the terraces overlooking lush surroundings. Located on coveted East Mountain Drive, steps away from the prestigious San Ysidro Ranch and enchanting hiking trails, this residence offers the quintessence of Montecito living. Offered at $8,350,000.
Located in the ultra-private Bonnymede condominium complex, 1308 Plaza De Sonadores offers a ground floor, south facing, 1 bedroom, 1 bath unit. This bright, open condo was recently remodeled, including custom cabinets, countertops, and fixtures. The amenities include a 24-hour Guard-Gated Security, pool, spa, tennis, private beachfront patio, and pathway to the sand. A proper lock and leave home. Ready for summer! Close to the Rosewood Miramar, Coral Casino, and Coast Village Rd.'s finest shops & restaurants. Enjoy the California coastal lifestyle at this lovely beachside retreat in Montecito. Offered at $2,350,000.

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