Weekly Market Snapshot
We are halfway through August already and by this point last year there were 15 closed sales in Montecito. This year we are slightly outpacing 2020 with 17 closed sales so far this month. The largest sale last week was 296 Las Entradas Drive, which has been on the market since the beginning of January 2020. This 6 bedroom/ 11 bathroom estate, sits on nearly 3 acres with 360 degree views of the ocean, coastline and mountains and sold for $22,114,000.
What happened in Montecito Last Week?
August 8th - August 14th
This is 797 Ashley Road's fourth price reduction - the asking price is now $5,995,000.
FUN FACT: Of all the active listings in Montecito, 30 of them are over the $5M mark.
Newly Listed at $6,150,000
Refined and relaxed with spectacular mountain views and Birnam Wood’s 18th fairway as a backdrop, this luxurious residence captures the magic of Montecito. Stunning gardens transport and soothe with sunlight filtering through the trees, trickling fountains and the scent of citrus all right outside your doors. Evoking a polished state of mind, the 3 bedroom and 4 bathroom home offers ample room for entertaining, as well as private spaces for retreat and reflection. Waking up to a stunning view of the Santa Ynez Mountains and the sun-drenched patio
overlooking a botanical wonderland, everyday will feel like paradise in the primary bedroom suite. Located only a short distance to Birnam Wood’s clubhouse, tennis courts and gym, you may never want to leave.