Weekly Market Snapshot
Last week in Montecito there were 6 closed sales, this is higher than the previous week. Three of the sales closed off market and the highest sale was a beachside home in Sea Meadow, 1453 Bonnymede Drive, which sold for $26.5M. The value of this home has nearly doubled in less than ten years, previously closing in 2013 for $13.5M. Another big sale was 1188 E Mountain Drive. After coming on the market in September 2018, this one of a kind contemporary estate sold last week for $11.8M.
What happened in Montecito Last Week?
December 12th - December 18th
FUN FACT: There have been 12 closed sales in Montecito so far this month.
Â
796 Hot Springs Road
Offered at $11,250,000
