Exclusively offered luxury homes in Santa Barbara » Montecito view properties for sale

Santa Barbara Luxury Real Estate Market is Rebounding

psaraca — Fri, 12 Mar 2010 06:41:56 +0000

The Wall Street Journal has stated that Greenwich, Connecticut had a phenomenal end to 2009 with huge increases in sales volume in the luxury real estate market. The west coast has also seen some large sales with a recent Beverly Hills property selling to the tune of $35,000,000. More specifically, in the Santa Barbara luxury real estate market we have seen 4 major estates go into escrow in the past month. The first property in Montecito is a recently built 8500 sf. Tuscan Villa with dramatic ocean, city, harbor, island and mountain views. Located at the end of a private lane off Hot Springs Road this luxury home on a 3 acre site also boasts a pool, spa, and guest house. This Montecito view home was offered at $11,900,000 when it went into escrow. The next Montecito estate to go under contract is an impressive Mediterranean in Ennisbrook with 6 bdrms and 11 baths in the main house. In addition to all the amenities of the previously mentioned estate this Montecito property also has a tennis court with pavilion and a garage for 9 cars. This luxury estate was offered at $14,750,000.The 3^rd Montecito estate that has just gone into escrow is a knoll top Tuscan Villa with captivating views and over 10,000 square feet of luxury. It offers the utmost in privacy being on approx. 40 acres. This estate’s current list price is $8,750,000. The 4^th estate is a 1929 Reginald Johnson on the Riviera which was listed at $8,900,000. It is the quintessential old world charmer on 3 acres with gently rolling lawns overlooking the fabulous ocean, city, and mountain views. Yes, there is a pool and guest house, too! Quoted in the fore mentioned Wall Street Journal article a representative for residential real estate at U.S.Trust Bank of America Private Wealth Management commented that they have experienced an increase in buying over the past few months. It seems that the luxury real estate market overall may be starting to rebound! We will keep you posted on the Santa Barbara, Montecito, and Hope Ranch estate market. Watch for the closed sales prices in a future blog.

Montecito ocean view estate property. Gated Montecito estate compound exclusively offered by RareEstates.com

Stephen Downarowicz — Thu, 01 Jan 2009 17:23:56 +0000

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 this magnificent Montecito estate, with lesser views and an original home built in 1961, just sold in May, 2008 for $10.5 million it is understandable why this is considered such a tremendous value. It has the very rare amenity of having the most desirable Montecito surround views of the Pacific Ocean, Channel Islands, Santa Barbara Harbor, Downtown city, and Santa Ynez Mountains. Unique Montecito vistas that are elevated and yet close in and so just a short distance to Montecito’s stylish Coast Village Road shops and restaurants and the Montecito upper village on East Valley Road, with its quaint village atmosphere and shopping area, Montecito Country Club, and close by Oprah’s Montecito estate compound, Promised Land, now valued at over $90 million. The mature landscaped lush and private gated compound with multiple private sitting areas. outdoor fireplaces and awe inspiring views in all directions complete this unique package. As a most desirable Montecito estate parcel within the Santa Barbara estates market segment, it is really quite a rare find.

View property details and 60 photos here

There are only 6 other view properties available within the coveted Montecito Cold Springs School District. Perched on the best elevation for a Montecito estate parcel in the desirable Pepper Hill neighborhood, with its awe inspiring sweeping view vistas from all vantages within the lush gated compound, this rare Santa Barbara estates offering has not been available for 15 years and has been extensively updated within that time to become one of the premier Montecito estates offerings within the Montecito real estate market place. It shares the same ridge line and views and is within sight, just 2 properties away, from the historic and majestic Brooks Institute Estate campus, which is a truly magnificent property of approximately 7 estate acres built in 1920 by an associate of famed architect George Washington Smith and is quite reminiscent of the Smith style. It is a large and magnificent example of period Mediterranean architecture. After being converted to the Brooks Institute of Photography college facility some time in the 1950’s and reconfigured and used as such since that time, it will entail a huge redevelopment undertaking to convert it back to the exquisite estate home it once was. That multimillion dollar undertaking, combined with its $12 million acquisition cost, again highlight the true value of this Pepper Hill Montecito estate on Woodley Road, a turn key Montecito estate offering at $8.5 million. Additionally the parcel between the Brooks Institute estate and 350 Woodley Road, situated at 351 Woodley Road was just sold in May of 2008 for $10.5 million, which included a 5 bedroom, circa 1961 home needing much help and offering lesser views at a 30 to 40 ft lower elevation as compared to 350 Woodley Road. Clearly this privately offered estate is a genuine value even in today’s market conditions and should prove an excellent investment moving forward.

In the Santa Barbara real estate market, an estate offering of this magnitude, at this price point has rarely been seen in the Montecito Estates market segment below $10 million in the last 8 to 10 years. Montecito estate properties, with close in views and desirable flatter land parcels like this are rare, and are seldom within the Montecito Cold Springs School District, which creates additional value. View details and over 60 photos of this Montcito estate for sale. This Premier Montecito estate is privately offered at $8.5 million. Please contact us directly here for exclusive information and opportunity to view this spectacular Montecito view estate and compound.

Santa Barbara properties, privately offered Santa Barbara estates, Santa Barbara ocean front for sale, Montecito estates, and the signature Santa Barbara properties market, is one which requires well informed local expertise and knowledge, crucial to successful acquisition, lease or sale of these rare estates. Custom searches of Santa Barbara properties on the beach, Santa Barbara estates, Montecito properties for sale, Hope Ranch real estate, Carpinteria beach estates information and anaylsis of Santa Barbara CA homes for sale, is available at this site and http://www.RareEstates.com, a fine home sale transaction network, with specialized resources and knowledge of unadvertised Santa Barbara properties and qualified Santa Barbara estates property investors. For exclusive comprehensive analysis and information about Santa Barbara ocean front for sale, privately offered Montecito estates, Santa Barbara estates, or the Hope Ranch properties, inquire here.

Montecito ocean front homes for sale

Stephen Downarowicz — Mon, 29 Dec 2008 05:59:25 +0000

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 previously sold in July 2000 for $5,150,000 – perhaps a better investment for the owner than the S & P 500?? Yes, that is double in just over 8 years which shows the resiliency of the Montecito Oceanfront Estate Market.

This photo is linked to all Montecito oceanfront properties for sale. Click to preview.

There are currently just 22 oceanfront homes listed for sale in the Santa Barbara MLS, this includes Carpinteria, Montecito, Summerland, Santa Barbara, and Goleta. There are a few other privately offered oceanfront homes for sale in the area including one in Hope Ranch. Santa Barbara oceanfront estates remain extremely rare since Santa Barbara has such a limited supply and as Santa Barbara and Montecito continue to be a choice destination for buyers from all over the world looking for luxury real estate.

The Santa Barbara estates and unique signature property market requires well informed local expertise that is essential for the finding, successful acquisition, sale, and value analysis of these rare estate properties. Custom searches of Santa Barbara beach properties, estates, Montecito homes for sale, luxury real estate in Montecito or Hope Ranch real estate information are available at http://www.RareEstates.com, a fine home purchase and sale network with specialized local resources and knowledge of unadvertised luxury properties and qualified estate property investors searching for properties to acquire.

Montecito estate properties offer significant buying opportunity

Stephen Downarowicz — Fri, 19 Dec 2008 03:45:03 +0000

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 are currently 178 properties including Montecito estates and condominiums, in our local multiple listing service as actively for sale, with an additional 17 currently in escrow. The number of Montecito home sales this year is down 22% from 2007 which combined with the increase in inventory of Montecito estates may very well present an extremely favorable time for estate buyers. There are also luxury Montecito properties that are quietly for sale such as a prime Pepper Hill Estate, a prestigious Montecito neighborhood, with stunning close-in views of the ocean, city, harbor, and mountains. This Montecito Estate is gated and private with a 4 or 5 bedroom main residence, separate guest suite, detached office and art studio/workshop plus pool and spa – all with incredible views! Close to the Montecito Country Club, Four Seasons Biltmore, the quaint Upper Village of Montecito and chic Lower Village of Montecito. This is a very rare find in Cold Springs School District.

RareEstates.com also recently previewed another fantastic luxury Montecito Estate comprised of an exceptional Mediterranean style home and exquisite grounds. This property features a sparkling glass mosaic pool with pavilion, guest house, kitchen, fireplace plus a tennis pavilion with guest cottage complete with fireplace & service bar. This is on a very private 4 acre Montecito Estate site with ocean, island, and mountain views. A recent price reduction puts this at $19,500,000 making it one of the finest opportunities to acquire a rare Montecito estate property. It has strong personal ties to Oprah Winfrey’s Montecito estate which is now estimated to be valued at over $90 million, so now may be the time to pursue a dream of purchasing a premier Montecito Estate property similar to Oprah’s Montecito property she calls "Promised Land". Contact us now to get more details on these privately offered Montecito Estates and other Santa Barbara Estates. Or if you’re inclined we can be reached directly at 805-560-9951.

Montecito properties ocean view estate. Rare Montecito view estate compound privately offered.

Stephen Downarowicz — Sat, 13 Dec 2008 02:03:36 +0000

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’s chic Coast Village Road shops and restaurants and the Montecito upper village on East Valley Road, with its quaint village atmosphere and shopping area. As a most desirable Montecito estate parcel within the Santa Barbara estates market segment, it is really quite a rare find.

View property details and 31 photos here

There are only 6 other view properties available within the coveted Montecito Cold Springs School District. Perched on the uppermost Montecito estate parcel in the desirable Pepper Hill neighborhood, with its awe inspiring sweeping view vistas from all vantages within the gated compound, this rare Santa Barbara estates offering has not been available for 15 years and has been extensively updated within that time to become one of the premier Montecito estates offerings within the Montecito real estate market place. It shares the same ridge line and views and is within sight, just 2 properties away, from the historic and majestic Brooks Institute Estate campus, which is a truly magnificent property of approximately 7 estate acres built in 1920 by an associate of famed architect George Washington Smith and is quite reminiscent of the Smith style. It is a large and magnificent example of period Mediterranean architecture. Having been converted to the Brooks Institute of Photography college facility some time in the 1950’s and reconfigured and used as such since that time, it will entail a huge redevelopment undertaking to convert it back to the exquisite estate home it once was. That multimillion dollar undertaking, combined with its $12 million acquisition cost, highlight the true value of the 350 Woodley Road property, a turn key Montecito estate offering at $8.5 million. Additionally the parcel between the Brooks Institute estate and 350 Woodley Road, situated at 351 Woodley Road was just sold in May of 2008 for $10.5 million, which included a 5 bedroom, circa 1961 home needing much help and offering lesser views at a 30 to 40 ft lower elevation as compared to 350 Woodley Road. Clearly this privately offered estate is a genuine value even in today’s market conditions and is an excellent investment moving forward.

In the Santa Barbara real estate market, an estate offering of this magnitude, at this price point has rarely been seen in the Montecito Estates market segment below $10 million in the last 8 to 10 years. Montecito estate properties, with close in views and desirable flatter land parcels like this are rare, and are seldom within the Montecito Cold Springs School District, which creates additional value. View details and over 30 photos of this Montcito estate for sale. This Premier Montecito estate is privately offered at $8.5 million. Please contact us directly here for exclusive information and opportunity to view this spectacular Montecito view estate and compound.

Montecito properties luxury view estate. Rare Montecito view estate compound becomes available.

Stephen Downarowicz — Mon, 08 Dec 2008 00:17:13 +0000

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 Village Road in Montecito as well as the upper village on East Valley Road in Montecito. Perched on the most sought after Montecito estate parcel in the desirable Pepper Hill neighborhood, with its awe inspiring sweeping view vistas from all vantages within the gated compound, this rare Santa Barbara estates offering has not been available for 15 years and has been extensively updated within that time to become one of the premier Montecito estates offerings within the Montecito real estate market place.

The Santa Barbara real estate market, estates offerings has rarely seen an estate property of this magnitude within the Montecito estates for sale market segment at any price point, much less below the $10 million ceiling within the last 8 years. Montecito estate properties like this are truely rare indeed, particularly in the Montecito Cold Springs Schol District. View details and over 30 photos of this Montcito estate for sale. This Premier Montecito estate is offered at $8.5 million.

This quintessential Montecito view estate includes 5+ bedrooms, 4 full and 3 ½ baths, with full guest suite. Detached opulent office, work shop and fire placed entertainment area. Gated entry. Pillared stone lined motor court. Two 2+ car garages. And gracious, matured landscaped grounds. An extraordinary Montecito estate situated on one of the most desirable Montecito estate parcels, with a prime location close to Upper and Lower Montecito Villages.

Property Highlights

Prestigious view estate compound
5 Bedrooms + 4 full and 3 1/2 baths
Detached guest area, office suite. Ferrari bar.
Attached 2 car garage
Several separate private gardens with outdoor fireplaces
Sweeping ocean, island, harbor, city and mountain views
Main house office suite
Detached workshop and 2 car garage w/ magnifident views
Full guest suite. Outdoor room. Screened yacht storage area.
Gated privacy yet open secluded, lush, gardens and grounds

Property Description

Montecito luxury estate home and compound, in a private, graceful, serene setting with unmatched, elevated close in views of ocean, island, harbor, city and mountains. This Expansive Montecito estate is your own resort retreat setting with a private full guest suite on beautiful Montecito estate acreage with incredible views, enchanted pathways through inspiring lush mature grounds and landscape to Zen gardens, secret alcoves, and the redwood lined gated entry. The magnificent views spilling from the breathtaking yard are overlooked by a heated outdoor room with fireplace adjacent to pool & spa. The prominent estate compound, includes multiple living areas both indoor and out. A detached office suite, Ferrari bar and shop with vaulted wood beamed ceilings and its own spectacular views, a beautiful, separate, private full guest suite. All impeccably constructed of the highest quality with massive exposed wood beams and immaculate yet casual finishes, with magnificent views from every vantage. There are 2 outdoor and 4 indoor fireplaces for wonderful choices in entertaining and get-togethers. There is even a secluded and well screened, private 50 ft. +- area for yacht storage. An extraordinary Montecito estate situated on one of the most desirable Montecito estate parcels, with a prime location close to Upper and Lower Montecito Villages. Contact us for a private showing and more information.

350 Woodley Road, Montecito, CA 93108

All information in this site is deemed reliable but is not guaranteed and is subject to change.

Montecito properties offer Montecito estate parcel for sale after Tea Fire

Stephen Downarowicz — Thu, 27 Nov 2008 20:16:03 +0000

121 West Mountain Drive

Santa Barbara, CA 93108

Montecito estates acreage with ocean and mountain views

7 acre Montecito estate parcel adjoining Parma Park, separated by a babbling creek. Great horse property potential. Build your custom Montecito estate with guest house. Previous plans available for 4900 sq. ft. main structure and 1200 sq. ft. guest home. A rare opportunity to purchase this magical Santa Barbara real estate paradise!

Property Highlights

360 degree ocean, harbor, island, and mountain views
Possible main home of 4900 sf. and 1200 sf. guest home for custom Montecito Estate property
Serene setting with privacy and tranquility
Hike private trails and Parma Park
Extensive Italian masonry walls and stone work
Rare Montecito estate acreage, 7 acres total.
over 150 producing fruit, avocado and olive trees
Building envelope designated with tremendous views
6 minutes to Montecito Village or downtown Santa Barbara
Gated private road with true cobblestone drive

Property Description

Live on your own secluded knoll, with an ideal southern exposure, and unobstructed ocean, island, harbor and mountain views from sunrise to sunset, while enjoying the sanctuary, peace and quiet from your very own Montecito estate compound. Relish in serene privacy. Bask, in the sun, above the fog. Keep your horses on site.

Enjoy inspiring picturesque, mountain roads, while viewing the Pacific Ocean. Just out your front door, pick fruit and avocados out of your established orchard of over 150 fruiting trees. Process olives and lavender from the existing orchards. Hike down or ride your horses on your private trails to a babbling creek and, up the mountain to Parma Park. Lie on a hammock at night and watch the stars fall and the moon rise over the ocean.

Driving through an electric gated, stone wall entrance, off of West Mountain Dr, brings you to a private lane, an exclusive community of five properties. Your charming ridge top can have a 4,900 s.f main home and a 1,200 s.f guest house.

Enter 121 West Mountain Drive through a European style rock wall, into an olive orchard and lavender lined driveway. From there, it is 360 degree views. This prime location is extremely private yet only six minutes to Montecito Village or Santa Barbara. Potential abounds for more lawns, tennis court, pool, gardens or orchards and corals.

For Sale

$3,800,000

MLS#: 08-2616

Bedrooms:

Bathrooms:

garage:

S. Downarowicz Pat Saraca
Broker agents
ABR

Contact

121 West Mountain Drive, Santa Barbara, CA 93108

All information in this site is deemed reliable but is not guaranteed and is subject to change.

Equal Housing Opportunity

Montecito Properties offers a magnificent Montecito view estate for lease

Stephen Downarowicz — Wed, 26 Nov 2008 04:39:58 +0000

A magnificent Montecito estate of approx. 6000 Sq. Ft. fully furnished with guest suite and a detached office suite and workshop. On nearly 2 acres with incredible views, lush, mature grounds, gardens, gated and private. Wonderful outdoor room with fireplace adjacent to pool & spa. Prestigeous estate compound. This is one of the areas of Montecito real estate that is a most desirable location close to Upper and Lower Montecito Villages. 4 or 5 bedrooms 4 baths, three 1/2 baths with several separate and private suite areas.

View 30+ photos here

One of the most desirable locations for Montecito properties this Montecito estate has never before been offered as a lease opportunity. Now available for $16,000 per month, with length of term negotiable. The nearly 2 acre Montecito estate parcel of lush mature landscaping and grounds with Ocean, Harbor, Island, city and mountain views is truely rare and unique fully gated and fenced. This is a fully furnished Montecito estate of approx. 6000 Sq. Ft. with guest house magnificent pool and grounds. Prestigeous estate compound in and equally prestigeous estate neighborhood. Multiple suites throughout the compound offer ultimate privacy, warm, inviting living areas with large assembly areas, living room familyrooms. Great indoor outdoor flow, generous patio and pool area. 3 indoor and 3 outdoor fireplaces, did we say magnificent grounds, gated entry. Two, 2 car garages. Peacful and private. Tucked into one of the most desirable estate neighborhoods in all Montecito real estate areas. This property comes fully furnished and professionally managed by Real Property Management Santa Barbara.

Sit by the pool, on your sofa or in the Master Bedroom and witness some of the most spectacular Ocean, Island, Harbor and city views that are available anywhere in the world. This is a one of a kind Montecito estate property that is nearly impossible to duplicate and is available now. Estate property opportunities like this are rare indeed and require quick action to acquire and secure. Contact us now for more information and a portfolio of photos of this magnificent Montecito estate property. Contact us directly by email or at 805-560-9951 for details and showings.

Montecito properties for sale features a stunning Montecito estate in unique Italian Villa design

Stephen Downarowicz — Fri, 21 Nov 2008 04:42:48 +0000

RareEstates.com was out today on broker caravan looking at Montecito estate properties. In our opinion the best find was an amazing Italian Villa on 2.64 gorgeous acres complete with pool, pool house, guest house, studio, tennis court, gardens and numerous terraces. This is a true Montecito estate reminiscent of a time gone by. It is just barely 10 years new yet evokes old world character incorporating exquisite antique maple floors and other architectural details with all the modern amenities one would expect in a Montecito estate. This gated property is close to Montecito’s Upper and Lower Villages as well as beautiful Butterfly Beach. For more information on this grand Montecito Estate contact us here, or call us at 805-560-9951. Visit www.RareEstates.com for custom home searches of Montecito real estate, Santa Barbara real estate, Hope Ranch real estate and all surrounding areas.

Santa Barbara properties, privately offered Santa Barbara estates, Santa Barbara ocean front for sale, Montecito estates, and the signature Santa Barbara properties market, is one which requires well informed local expertise and knowledge, crucial to successful acquisition and sale of these rare estates. Custom searches of Santa Barbara properties on the beach, Santa Barbara estates, Montecito properties for sale, Hope Ranch real estate, Carpinteria beach estates information and anaylsis of Santa Barbara CA homes for sale, is available at this site and http://www.RareEstates.com, a fine home sale transaction network, with specialized resources and knowledge of unadvertised Santa Barbara properties and qualified Santa Barbara estates property investors. For exclusive comprehensive analysis and information about Santa Barbara ocean front for sale, privately offered Montecito estates, Santa Barbara estates, or the Hope Ranch properties, inquire here.

Montecito properties for sale offers a best Montecito estate value at Park Hill Lane

Stephen Downarowicz — Thu, 20 Nov 2008 05:01:36 +0000

There were many beautiful homes on Santa Barbara broker caravan today in the Montecito real estate market place and several of those properties fit into the prestigious Montecito Estate category. Of all the high end Montecito estates previewed today, by far the best estate value was the Montecito home for sale on Park Hill Lane. A magnificent Tuscan style Montecito estate known as Villa Nova. Beautiful sculpted into the foothills of Montecito well away from the recent Montecito wild fire area set on a 1.43 acre beautifully landscaped Montecito land parcel with ocean and Channel Island views and encompasing mountain views in a very coveted location near world famous San Ysidro Ranch as one of your close by neighbors. This a comfortable and classic design of nearly 6000 sq. ft. and compares to other homes previewed that are listed at over $15 million. This is a rare estate value available for $9,7 million.

For more information, click here.

Santa Barbara properties, privately offered Santa Barbara estates, Santa Barbara ocean front for sale, Montecito estates, and the signature Santa Barbara properties market, is one which requires well informed local expertise and knowledge, crucial to successful acquisition and sale of these rare estates. Custom searches of Santa Barbara properties on the beach, Santa Barbara estates, Montecito properties for sale, Hope Ranch real estate, Carpinteria beach estates information and anaylsis of Santa Barbara CA homes for sale, is available at this site and http://www.RareEstates.com, a fine home sale transaction network, with specialized resources and knowledge of unadvertised Santa Barbara properties and qualified Santa Barbara estates property investors. For exclusive comprehensive analysis and information about Santa Barbara ocean front for sale, privately offered Montecito estates, Santa Barbara estates, or the Hope Ranch properties, inquire here.