Weekly Market Snapshot
Off market sales were the talk of the town last week, as 4 of the 8 sales never hit the open market. Not only were off market sales hot, but price points spanned high to low. 2080 Birnam Wood Drive was the highest sale at $14,636,745 and 1220 Coast Village Road was the lowest, a condo selling for $1M - both of which were never in the MLS.
What happened in Montecito Last Week?
August 1st - August 7th
Pending sales were down by 50% last week.
New listings remained relatively consistent last week.
FUN FACT: There are approximately 49 active listings in Montecito.
Newly Listed at $3,250,000
White sand beaches, sunny sea breezes and moments to Montecito’s lower village, this Bonnymede condominium opens the door to creating your dream coastal getaway. Set in a private beachside community, the 2 bedroom/ 2.5 bathroom home offers a lifestyle of inspired carefree living, ideal for either a vacation home or main residence. Infused with natural light and spacious living spaces, the floor plan invites the coastal breezes in and takes full advantage of the exceptional location on the ocean and next to the famed Coral Casino Beach Club. Unleash your imagination, this condo is a blank canvas just waiting to be transformed. With windows on three sides, two balconies, and views of the Pacific from the primary bedroom and living room, as well as sunsets from the kitchen window, this special townhouse invites a fresh perspective on luxury coastal living. Unwind in complete privacy and security, stroll down the beach, through the gardens, play tennis or take a swim, Bonnymede has it all. Limited only by your imagination, now is the moment to take the reins and create the perfect seaside sanctuary.