Montecito Real Estate Update - Latest Weekly Trend
October 28, 2024
The Montecito real estate market currently has 97 actively listed properties, 3 of which are newly listed, 3 closed listings, 7 pending properties, and 1 coming soon listing.
Three New Listings:
Welcome to 840 Ivy Lane, an estate nestled within the tranquil confines of Riven Rock Park. Inspired by the timeless elegance of Frank Lloyd Wright's Prairie architectural design, this home has been updated to reflect the style and craftsmanship of its iconic predecessor. The English garden, complete with a charming breakfast room, invites you to linger over morning coffee or enjoy an al fresco meal. The gourmet kitchen features Viking and Miele appliances, copper faucets, and hardware that exudes sophistication and charm. The open floor plan is perfect for modern family living, with ample space for gathering and relaxation. This 4-bedroom, 2.5-bathroom residence boasts a 2-story design that maximizes natural light and offers views of the park-like setting. Custom windows, contemporary craftsman design, and matching French doors create a sense of seamless integration between the indoors and out. The backyard is an oasis, featuring a pool and spa, natural stone fire pit, and a charming guest house. This exceptional property is a rare find, offering the perfect blend of location, design, and amenities. Offered at $7,995,000.
Introducing 84 Seaview Drive, a breathtaking second-story single-level condo perched above the beach, offering unparalleled ocean views. This private retreat boasts a sun-drenched, south-facing ocean-view terrace, designed for indoor/outdoor living. This unit features 3 bedrooms, including a luxurious master suite with its own en-suite bathroom and private access to the expansive terrace. The additional bedrooms and 2.5 bathrooms provide ample space for family and friends. The formal dining room is perfect for entertaining, while the covered ocean-view balcony offers a tranquil spot to unwind and take in the breathtaking views. Located just steps from Butterfly Beach, the charming shops and restaurants of Coast Village Road, and the elegant Miramar Beach and Hotel, this condo offers the perfect blend of privacy, luxury, and convenience. Offered at $6,250,000.
939 Arcady Road: As you make your way along the private road, you'll find yourself thinking of the possibilities. The approximately 6,000 square foot estate offers 5 bedrooms, 4.5 bathrooms, and a welcoming living area that invites relaxation and connection. Floor-to-ceiling windows frame the views of the Santa Ynez mountains. The expansive deck, perfect for hosting gatherings or intimate moments, offers a nice transition between indoor and outdoor living. This canvas of a property is ready for transformation, whether you choose to update or embark on a full-scale renovation. The gently sloping lot, which covers +/- 2 acres, presents endless opportunities for enhanced landscaping, outdoor amenities, or even expansion. With its coveted location, vast grounds, and existing structures, this property offers a rare investment opportunity. Whether you're seeking a private sanctuary or an entertaining space; explore the possibilities! Offered at $5,875,000.
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: October 21st - October 27th
Listing & photo courtesy of Berkshire Hathaway Home Services & the MLS.
Listing & photo courtesy of Berkshire Hathaway Home Services & the MLS.
Listing & photo courtesy of Sotheby's International Realty & the MLS.
Listing & photo courtesy of Village Properties & 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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