Weekly Market Snapshot
Last week was all about the lucky number 8, with 8 closed sales and 8 new pending sales. The second highest sale of the month closed last week, 1530 Mimosa Lane ($11,700,000). Inventory is low and demand is high, it is sure to be an interesting month. Check back next week for our next update.
What happened in Montecito Last Week?
January 31st - February 6th
Closed sales were up 50% last week.
FUN FACT: The highest sale Montecito saw in January 2021 was 650 Picacho Lane, which sold for $15,750,000.
Offered at $16,500,000
Primoya Farms is a coastal estate of unrivaled beauty and splendor prominently sited above the Pacific Ocean and overlooking vast swaths of rolling hillsides and breathtaking mountain and ocean views. Originally conceived as a Palladian style West Coast residence for Dame Judith Anderson, this magnificent estate now plays host to a Cherimoya orchard, avocado trees and a petite vineyard all surrounded by serenity, peace and privacy in Carpinteria.
