Tag archives: realty

At this point I am unsure of whether we will see enough new listings hit the market in Montecito before the last house goes up for sale and is sold. That won’t happen — will it? — but if you follow the numbers, it’s not impossible.  As of right now we only have about 47 […]

Something tells me that times they are a-changing in Montecito… Whether it’s the 50-plus cars I saw at both the Hot Springs and San Ysidro Trailheads on the same day recently, or that I could not find a parking spot at sunset near Butterfly Beach on a weekday in March, or the fact that booking […]

Considering there are fewer homes in the Multiple Listing Service (the MLS, which feeds Realtor.com, Zillow, and others) than at any other time in the past 20 years, I feel it’s an interesting time to pause and ask (as others often ask me), what’s next in our real estate market?  Will the buyers who find […]

The Santa Barbara County Executive Office is seeking to fill a vacancy on the Montecito Planning Commission, effective immediately. The vacancy is left from the departure of Charles Newman, who stepped down from the Commission at the end of his second term in December.  Newman was appointed to the Montecito Planning Commission in January 2017, […]

The desire of so many to purchase a home in Montecito, along with the phenomenal number of homes sold and sales over ten million dollars this past year, has been covered at length in many local and national publications. This rush to buy has left Montecito’s Real Estate market with very few homes for sale, […]

We will likely start February off much as we started January, with very few homes available for sale in the Multiple Listing Service (MLS) in Montecito. As of January 23, there were only 76 homes and condos on the market in all of Montecito and the entire 93108 zip code, when normally there would be […]

An interesting article in last week’s The Wall Street Journal by Amanda Eberstein about the charming red-hot tapestry of real estate ownership in Montecito. The onset of the COVID-19 pandemic and subsequent lockdown in mid-March has only bolstered our rarefied enclave’s desirability, she concludes. Marsha Kotlyar, a local realtor at Berkshire Hathaway, says: “I’ve been […]

If you do not live in Montecito, or if you are not a repeat visitor of the San Ysidro Ranch, then you might not know how big a deal it is that the San Ysidro Ranch has re-opened for business (after being closed for over a year for repairs to some structures following the debris […]

Just inside the western edge of Montecito is an area commonly referred to as the Cold Spring School District (CCSD). This area reaches from the hills around Coyote Road and West-East Mountain Drive, down through neighborhoods including the streets around Westmont College, the estates at Riven Rock, homes on Pepper Hill, Sycamore Canyon and Cold […]

Montecito may be a small town by population standards, but it is not without diversity of landscape, view options, a variety of home sizes, styles, prices, and more. From a mansion on a promontory overlooking everything, to sitting just two miles away, on the patio of an 800 sq ft beachfront home, there are many […]

There are many homes for sale right now in Montecito that very probably could not be replaced for the price sellers are asking. This means that existing homes are in some cases less expensive than if one were to buy the land and build. Additionally, some homes are historic in nature so you literally can’t […]

Well everyone, the wait is over. After one of the fastest construction periods I’ve ever seen (to offset the 12 years of planning and approvals) the new Rosewood Miramar Beach Resort is here, and it’s impressive.  The grounds at the new Miramar resort are vast and open, the pools are well positioned on the property […]

There are two categories of real estate offerings that grab the most attention from agents and buyers alike, and these are new and/or reduced in price listings. When a property hits the market, everyone wants to see inside, judge the value, make an offer or wait and see… When a property has been sitting for […]

While available housing inventory in Montecito may be lower these days (about 120 homes and condos currently on the market; in years past that number would be 150 or more in a January), there are still options of styles and conditions of homes in every price range.  Each day I find it is interesting to […]

Sotheby’s International Realty has announced that Michael Cohen has been appointed vice president and brokerage manager for the company’s Santa Barbara, Montecito, and Santa Ynez Valley brokerages. In this role, Cohen will lead 115 independent sales associates based in these offices. Cohen joins the company with a depth of experience both in the real estate […]

It may be difficult to imagine being able to own real estate in an internationally famous town such as Montecito for under a million dollars, but it is indeed very possible. From a studio condo near the beach and Four Seasons Biltmore Hotel, to a two-story townhouse or an ocean view, single level two-bedroom condo, […]

If there was a question about whether home sales have been slowing in Montecito in recent months (and other higher end areas around the country), then the dismal five escrows that closed in November and the only one home so far through December 9, together make quite a statement. Additionally, very few Montecito properties went […]

We have seen slower sales (only five closed escrows in Montecito during the first three weeks in November), and fewer new listings. Whether this is seasonal or an overall slowing market trend in higher end communities only time will tell. For now, we are happy to see prices staying strong overall, regardless of the number […]

One can find a home with a guest unit in Montecito for less than those featured here, but the focus with this group of homes is to ferret out estate-level properties with substantial homes (more than 5,000 sq ft), along with other amenities such as a swimming pool or tennis court, privacy, and most specific […]

For those in search of an estate-level home that boasts ocean views and increased acreage, the area at the eastern border of Montecito can offer a lot of both for the money. From a close-to-town, 270-degree ocean view contemporary home on nearly two acres, to an 80+ acre working ranch with pool and tennis court, […]