Montecito Real Estate Update - Latest Weekly Trend

January 23, 2025

The Montecito real estate market currently has 68 actively listed properties, 4 of which are newly listed, 2 closed listings, and 4 pending properties.

Two of our Favorite New Listings:

Discover elegance and sophistication at 1077 Summit Road, a beautifully renovated 1920s Montecito estate. Located in the Lower Village, this gated property offers stunning views of rolling hills and ocean vistas. The main house covers approximately 7,299 sq. ft. and includes 6 bedrooms and 6 full bathrooms. A grand foyer welcomes you into well-lit rooms featuring hardwood floors. The gourmet kitchen has high-end stainless steel appliances, and the formal dining room accommodates twelve guests. There's also a cozy fireside lounge for relaxing evenings. Additional features include a media room, wine cellar, pool cabana, sauna, tennis court, guest house, gym space, and four-car garages. Surrounded by picturesque gardens, this estate offers a peaceful retreat for both relaxation and entertaining. Enjoy the convenient location near the charming shops and restaurants of the Lower Village. This exceptional estate is a rare opportunity to experience the best of Montecito living. Schedule a viewing today to explore this magnificent property. Offered at $8,995,000.
The beautifully designed turnkey carriage house at 602 Parra Grande is located near The Montecito Club, the Lower Village, and Butterfly Beach. This property features vibrant gardens created by Bob Clark, a renowned landscape architect whose work is included in the Smithsonian Collection. He conceived multiple distinct "garden rooms," which include formal rose gardens surrounding a custom gazebo, a hot tub deck, secret gardens, and a Koi pond. This refined, mostly single-level home, along with a charming guest cottage, offers approximately 4,465 square feet of living space. Highlights of the main house include a gourmet kitchen, formal dining room, wet bar, three fireplaces, a first-floor primary suite, and three ensuite bedrooms—one of which has been converted into a library/office. This property is a haven for those who cherish tranquility, elegance, and the Montecito lifestyle, all in an exceptionally convenient location. Offered at $7,395,000.

In our ongoing effort to provide comprehensive and up-to-date information, we are introducing a new rental listings section for Montecito as part of our current market update. This addition will allow us to better serve our users and offer a more complete picture of the local rental market.

Recently, there have been 10 new rental listings in the Montecito area. These listings include a variety of properties, ranging from luxurious estates to charming cottages, ensuring there is something for every taste and budget.

A few of our Favorite New Rental Listings:

Exceptional oceanfront home behind the gates of Rincon Point located at 8096 Puesta Del Sol, offering 4 bedrooms, 3.5 bathrooms, an office, a 'tower' room perfect for reading or yoga, home gym area, outdoor sauna, a hot tub and outdoor fireplace set under a covered outdoor deck (just off the great room), along with a sprawling grass yard, all overlooking the beauty of the ocean, coastline, and Channel Islands. High quality construction with designer interiors. Rincon Point is a coveted beach community known as 'The Queen of the Coast' and a world class surfing destination. This incredible opportunity is now available for lease starting January 2025 for a minimum of 1 year. Offered at $55K per month. To inquire about booking or learn more about this exceptional property-please contact the listing agent.
Stunning fully-furnished 4 bedroom, 3 bathroom home located at 1383 School House Road. First time on the rental market, this privately gated, beautifully remodeled, fully furnished home offers the perfect blend of comfort, luxury, and privacy on over an acre of lush landscape. Nestled in a highly coveted Montecito neighborhood, this elegant property is just a short walk from the renowned Montecito Union School, down a peaceful, private lane. Enjoy quick access to the best beaches, shopping & dining in Montecito and Santa Barbara. This incredible opportunity is now available for lease starting April 1, 2025 for 1 year. Offered at $35K per month. To inquire about booking or learn more about this exceptional property-please contact the listing agent.
Welcome to your dream home, where breathtaking ocean views and opulent living merge seamlessly, located on 193 E Mountain Drive. This exquisite Montecito property offers an unparalleled blend of elegance, comfort, and functionality, fully equipped to meet all your needs. Property Highlights: 3 Spacious Bedrooms & 4 Luxurious Bathrooms: Ample privacy and comfort for family and guests. Sparkling Pool: Enjoy sunny California days lounging by your private pool, surrounded by stunning vistas. Fully Equipped Gym: Stay fit and active with state-of-the-art equipment right at your doorstep. Detached Guest House: Perfect for hosting visitors or creating a private retreat. Modern Conveniences: Enjoy year-round comfort with air conditioning and cozy fireplaces. Plenty of Parking: Ample space for vehicles,ensuring convenience for you and your guests Fully Furnished: Move in and start living the high life immediately, with elegant furnishings that complement the luxurious setting. This property is more than just a home; it's a lifestyle. Ideally located in the prestigious community of Montecito, you'll enjoy tranquility and beauty while being just a short drive from vibrant city amenities. Make this spectacular ocean view retreat your own. This incredible property is now available for rent from March 2025 through July 2025 at $28K per month. To inquire about booking or learn more about this exceptional property-please contact the listing agent.

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.