Montecito Real Estate Update - Latest Weekly Trend
August 8, 2024
The Montecito real estate market currently has 87 actively listed properties, 2 of which are newly listed, 0 closed listings, 3 pending properties, and 0 coming soon listings.
New Listings:
Welcome to Villa Farfalla, a breathtaking coastal retreat in Montecito's most exclusive neighborhood at 90 Butterfly Lane. This extraordinary property offers the ultimate luxury living and unparalleled proximity to Butterfly Beach, the Biltmore Hotel, and Coral Casino Beach Club. As you enter through your private gated motor court, you'll be immediately captivated by the villa's elegant interior design, which effortlessly marries sophistication and comfort. The optimal floor plan features a spacious formal living room, dining area, gourmet kitchen, family room, home office, and lavish primary suite – all on the main level. Upstairs, two generously sized secondary bedrooms offer ample space for guests or family members. Meanwhile, the lower level boasts an impressive home theater with plush seating and state-of-the-art audiovisual equipment. The pub area is perfect for casual gatherings, featuring a full bar and game table, while the gym provides a private space to maintain your wellness routine. Step outside onto the expansive outdoor patio, where you'll find a cozy fireplace, tranquil fountains, and lush greenery, creating an idyllic oasis. This serene setting is just steps away from pedestrian pathways leading to Coast Village Road's shops, restaurants, and boutiques – providing the ultimate convenience for Montecito's finest experiences. With Villa Farfalla, you'll have a stunning home and a gateway to the best of Montecito living. This exceptional property is an opportunity you won't want to miss – experience it for yourself today. Offered at $7,485,000.
Nestled atop a ridge, boasting panoramic views of the mountains and the ocean in Montecito, 581 Freehaven Drive presents a modern minimalist retreat. Thoughtfully remodeled in 2021, this elegant estate exudes sophistication with its expertly curated design elements and neutral color palette. Upon entering, natural light floods the spacious interior, highlighting the property's solid craftsmanship and refined details. This stunning four-bedroom, four-and-a-half-bathroom residence spans approximately +/- 4,578 square feet and offers a truly unique living experience. The heart of the home is its gourmet kitchen, where custom cabinetry and premium appliances meld seamlessly with luxurious finishes and colors to create an inspiring culinary space that opens directly onto the pool terrace. Here, family and friends can gather to enjoy al fresco dining while savoring exquisite meals prepared in this artful setting. Additional highlights include a generously sized studio/office/bonus room with ample storage and one of the home's most spectacular views of the meticulously landscaped grounds. This exceptional residence embodies the quintessential essence of coastal living – an unparalleled blend of luxury, privacy, and serene natural beauty. Offered at $11,950,000.
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.
Market Recap: July 29th - August 4th
Listing & photo courtesy of Village Properties & the MLS.
Listing & photo courtesy of Sotheby's International Realty & the MLS.
Listing & photo courtesy of Berkshire Hathaway Home Services & the MLS.
*Please note that these links expire in 90 days.*
If you would like the same statistics for surrounding areas such as Carpinteria, Summerland, Santa Barbara, Hope Ranch & Goleta, please contact us!
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