Reduced and Ready to Sell

By Mark Ashton Hunt   |   November 30, 2017

For whatever reason, the available housing inventory for sale under $10 million in Montecito continues to be low, and this time of year, we don’t expect to see a lot of new homes hitting the market. That said, there are plenty of properties to choose from in most price ranges over a million dollars. 

So, while you are lamenting the lack of home choices on the market in your price range, remember that to live in Montecito is to be lucky enough, regardless of the roof you are under. These properties presented here are all located in the Montecito Union School District and represent a few of the areas in town that make Montecito such a desirable place to live.

27 Seaview Drive: $2,595,000 

This ocean-view Montecito Shores condo was remodeled in 2015 and offers one of, if not the largest, floor plans in this beachside community, with approximately 2,360 square feet of living space. 

Enjoy convenient access to Butterfly Beach, the Four Seasons Biltmore Hotel, Coral Casino members-only club, and the restaurants and shops of the lower village. The community at Montecito Shores offers tennis, swimming, oceanfront benches and picnic tables, social areas, and more. 

27 Seaview Drive includes 2 bedrooms plus a den, 2 full and one-half bathroom and ocean views from the sun-room area. Enjoy privacy and sunset views, as this unit faces west and looks out over a greenbelt and mature trees. This unit was originally listed at $3,100,000 and has been reduced over the past 10 months to the current listing price.

529 Santa Rosa Lane: $2,695,500 

This is a rare opportunity to own a home just a block from the Montecito YMCA, public parks, and Montecito Union School. The 2,800+/- square foot, single-level California cottage is also just blocks from the restaurants, shops, and conveniences of Montecito’s upper village. 

Features include a lighted garden pavilion, lower maintenance landscaping with mature trees, a spacious, drive-thru parking area, 2-car garage, and more. The interior boasts 2 fireplaces, a den/library, spacious living, dining rooms and master suite, a charming bedroom suite, storage areas, and laundry facilities. 

The kitchen is light and bright and looks out over the private backyard and unique tea pavilion. This home was recently reduced from the original listing price of $2,950,000.

1389 Plaza Pacifica: $5,250,000

Views and sounds of the ocean waves come with this rarely available, oceanfront, 2-bedroom, 2-and-a-half-bath Bonnymede condo. The ocean views on the first level can be enjoyed from the living room or from the private balcony.

The first level includes an eat-in kitchen with granite countertops, in-closet stackable laundry, half bath, and a wet bar. The second level has the master suite with a private balcony and ocean and island views and a second bedroom with en-suite bath. There is also a private, 2-car garage with room for storage as well. Bonnymede, just as with the Montecito Shores complex, offers numerous shared property amenities such as tennis court, swimming pool, and pathways leading to the beach.

The property is adjacent to the Coral Casino and Four Seasons Biltmore Hotel and is close to the shopping and conveniences of Coast Village Road. This unit has been reduced in price numerous times over the past two years from the original list price of $7,995,000.

1478 East Mountain Drive: $13,950,000 

A gated driveway leads to a motor court with parking for guests. The location, architectural pedigree, and single-level living, are just a few of the key selling points offered at Le Ciel (The Sky). 

The 2.5-acre property rests two blocks from the San Ysidro Ranch Hotel. The estate includes an impressive, 6,000+/- square-foot main residence designed by architect John Elgin Woolf. The circa 1960s Hollywood Regency estate has been extensively remodeled (in both 2008 and 2014) into a sophisticated, contemporary oasis, featuring indoor/outdoor living with dining areas, outdoor kitchen, fire pits, a fully tiled swimming pool, a 2-bedroom cabana (1,080 sq ft), and a 2-bedroom guest house (926 sq ft), all complemented by lush landscaping and private lawns, maintained courtesy of a private well. 

This listing was originally priced at $15,995,000.

For more information on any of these listings or to have me arrange a showing with the listing agents, please contact me directly, or call/text (805) 698-2174. Please view my website,, from which this article is based.


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