Santa Barbara Luxury Home Sales
The numbers are in for Santa Barbara Estates that sold in the final quarter of 2009. The high end, luxury estate market in Santa Barbara includes the areas of Montecito and Hope Ranch as well as Carpinteria(lots of oceanfront) and Summerland. There were a total of 7 properties that closed escrow above the $5,000,000 mark [...]
Montecito Real Estate Sales Up
According to recent MLS data, Montecito had a 33% increase in number of homes sold in the 3rd quarter as compared to the 2nd quarter. There were some major Montecito Estates that closed escrow during this period. A fantastic, brand new Montecito ocean view estate sold for $18,500,000. This 12,000 s.f. estate had been on [...]
Santa Barbara & Montecito Real Estate on Rebound?
Housing starting to show a recovery in Santa Barbara and Montecito? Some indicators sure do point in that direction. Existing home sales increased in July by 7.2% – this is the biggest single month increase on record. Two additional impressive items of note – July pending home sales increased to a 2 year high and [...]
Montecito Estate Buyer’s Market
The Santa Barbara Association of Realtors recently held its Real Estate & Economic Review & Forecast for the Santa Barbara real estate market at the Montecito Country Club. This review of the recent Santa Barbara Real Estate market dynamics, including the luxury real estate market, shows the median price has come down over the last 12 [...]
Santa Barbara Real Estate and the Santa Barbara International Film Festival
The Santa Barbara International Film Festival 2009 (SBIFF) runs in Santa Barbara, California from January 22 through February 1. Along with its idyllic Mediterranean climate and setting, the SBIFF has put Santa Barbara, California on the map, providing notoriety to Santa Barbara as a resort destination. Even through today’s market conditions, Santa Barbara view, oceanfront and [...]
Montecito ocean view estate property. Gated Montecito estate compound exclusively offered by RareEstates.com
Montecito properties estate parcel thought of as one of the finest in all of Montecito, with a rare combination of spectacular elevated, close in, 360 degree vistas, this Montecito estate compound is also judged by the estate brokerage community to be the finest Montecito Estate Parcel currently available under $10 million. Considering a parcel nearly abutting [...]
Montecito ocean front homes for sale
Just sold! The most recent sale of a Montecito Oceanfront Estate was in the exclusive 22 acre gated community of Sea Meadow. This spectacular Montecito luxury home in French Normandy style was in impeccable condition & drew lots of interest. It sold for well over its asking price of $9,750,000. The selling price was $10,600,000! This Oceanfront Home [...]
Montecito estate properties offer significant buying opportunity
The following are compelling reasons to why it may now be a very opportune time to be a Montecito Estate buyer within the luxury Montecito properties market. Looking at figures comparing this year to last year shows an increase of approximately 18% more homes coming onto the Montecito real estate market in 2008 than 2007. There [...]
Montecito properties ocean view estate. Rare Montecito view estate compound privately offered.
This Montecito estate compound is considered by the estate brokerage community to be the finest Montecito Estate Parcel currently available under $10 million. It has the unique amenity of having the most desirable Montecito ocean, island, city, harbor and mountain views that are elevated and yet close in and so just a short distance to [...]
Montecito properties luxury view estate. Rare Montecito view estate compound becomes available.
This expansive Montecito estate compound is situated on one of the most desirable Montecito estate parcels in the Santa Barbara estates market segment. This magnificent Montecito estate offers spectacular ocean, island, harbor, city and mountain views, a very unique combination, all from a "close in" elevated vista close to the Montecito lower village on Coast [...]