Weekly Market Snapshot
The HEAT was on last week in Montecito, and we are not just talking about the 90 degree weather! Two of the four closed sales went for over their asking price. 470 Cota Lane, a lot with a 2 bedroom/ 2 bathroom fixer, sold for almost $1M over asking price. 808 Hot Springs Road, a Mediterranean Montecito estate sold for $6.65M and last sold in 2012 for $2M. With six intriguing new listings coming on the market last week, including a stylish, contemporary gem on Hot Springs Road, we are hearing that even more noteworthy properties will continue to pop up this Spring.
What happened in Montecito Last Week?
April 3rd - April 9th
No Price Changes
FUN FACT: The highest sale last week was 2285 Bella Vista Drive, which sold for $11,125,000.
800 Hot Springs Road | Offered at $8,950,000
A fresh take on mid-century glam yields a timeless, contemporary Montecito home.
Recently remodeled and transformed into a happy retreat, this single-level modern residence radiates unpretentious sophistication - light, airy and exceptionally comfortable. Privately sited on 1 acre behind lush hedges, colorful gardens and mature trees, the property enjoys magnificent views of the Pacific Ocean and Santa Ynez Mountains from several vantage points and invites lingering on pathways and patios throughout the gardens.