The Sale Exclusive
Every month there are certain sales that catch our eye, whether they are off-market sales, unique properties, less expensive than average or just plain news we want to share.
Take a look below for three of the most notable off-market sales we have seen in Montecito in awhile!
700 Picacho Lane, Montecito | $52,000,000
Year to date this is the highest sale in Santa Barbara County, by far! At nearly 11,000 +/- Sq. Ft. and almost 3.5 acres - this Montecito estate is breathtaking. It sold in 2020 and kicked off the new world order for Montecito estate pricing. The buyers never moved in and got an off-market offer they couldn’t refuse!
677 El Bosque Road, Montecito | $9,005,000
Sold just over a year ago for $5,750,000, this Monterey Colonial compound was getting ready to come on the market at $8,750,000 (virtually unchanged from a year ago) but never made it to the open market. It had multiple offers prior to hitting the MLS, selling for a whopping 36% above its sales price from only a year ago!
196 La Vereda Road, Montecito | $3,750,000
An enchanting 4 bedroom property in Montecito's beloved Hedgerow neighborhood sold privately and continued the stampede of buyers wanting to live in this charming lower Montecito neighborhood.