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Montecito Real Estate Market Snapshot


Our first full week of 2023 ended with 4 New Listings in Montecito and more promised for next week. With the year just ramping up, there were No Pended or Closed Sales last week, but I anticipate that shifting as we move further away from the Holidays.


All New Listings were under $10 Million, two listings are under $5.2 Million and located in the highly-coveted Hedgerow neighborhood. If this is any indication of what's to come this next month, I've already laced up my running shoes!


160 Miramar Avenue: A Montecito jewel, this 1955 Spanish Hedgerow Property abounds with character and style, featuring vaulted ceilings, an open floor plan, large bay windows and numerous French doors leading to patios, lawns, fruit trees and a sparkling pool and spa. Offered at $5,175,000.


472 Santa Rosa Lane: The perfect Montecito fixer. Ideally located, this home offers nearly 3,500 sqft of single level living, a great floor plan with beautifully proportioned spaces on a flat, usable lot, in close proximity to MUS, Manning Park and the Upper Village. Offered at $4,495,000.


36 Seaview Drive: Sophisticated top floor condo with loft office offering breathtaking ocean views located in the esteemed and gated beachfront enclave of Montecito Shores. The spacious and stunning 3 bed, 2.5 bath condo has been extensively remodeled with unmatched quality & finishes. Offered at $7,750,000.


1220 Coast Village Road, Unit 303: Located in the heart of Coast Village Road, this single-level 2 bed/ 2 bath condo is light and bright. This extensively renovated top floor unit features beautiful garden views, a bright, contemporary kitchen, an ensuite primary bedroom with dual closets and a spacious living room that opens up to a private balcony. Offered at $1,495,000.



THERE ARE 29 ACTIVE LISTINGS IN MONTECITO. Below are quick links to luxury listings (+$2M), around town:


And, for a summary of the numbers in Montecito last week, here is our weekly Montecito Market Summary.


 

That sums it up for last week!

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