Ellen Puts Estate on Market
By Richard Mineards   |   October 29, 2020

TV talk show host and serial real estate flipper Ellen DeGeneres and her longtime wife-actress Portia de Rossi have put on the market their latest acquisition in our rarefied enclave for $39.9 million. They purchased the bulk of the Bali-esque Montecito spread last year for $27 million, but since then have expanded the complex, which […]

Homes in the $4 to $5 Million Range
By Mark Hunt   |   July 23, 2020

The months of May and June, and now into July 2020, are proving to be the most active real estate months that many can remember in Montecito during the past 15+/- years. Whether it be Boomers flexing their buying muscle and finally committing to a place in Montecito, perhaps Ellen’s celebrity friends, the Bay Area […]

 

Recently Trending

More from Montecito

Real Estate Snapshot
By Kelly Herrick   |   June 25, 2020

Montecito Market Update Real estate transactions in Montecito have been steadily increasing over the last two months, reflecting an influx of out-of-town buyers flocking to purchase in the 93108 zip code since the COVID-19 pandemic shutdown began mid-March. The last few weeks have been incredibly active, with 28 homes going into escrow in Montecito since […]

Mortgage Happenings
By Jon McCuskey   |   June 25, 2020

We as consumers have plenty to talk about in our current environment. The world overall has shifted into a new existence with many changes affecting our personal, business, and political lives. The mortgage world is no exception. Since March, lenders have seen their pipelines swell with refinance business due to absurdly low interest rates, while […]

Montecito Gets Its Mojo Back
By Peter Kiefer   |   June 25, 2020

One of the handful of go-to real estate agents for Montecito, Dan Encell has been studiously observing the ebb-and-flow of the crown jewel of Santa Barbara’s luxury housing market for more than three decades. He’s seen it all, but even Encell was surprised by the insistent ringing of his cell phone at a time when […]

Real Estate Appraiser Greg Brashears: Appraising Your Home’s Value During a Pandemic
By Claudia Schou   |   June 25, 2020

As we wrestle with the evolving ramifications of the COVID-19 pandemic, Santa Barbara’s commercial real estate world is learning how to conduct business at a distance, leaving previously on-site activities on the sidelines. MJ recently caught up with Santa Barbara native and real estate appraiser Greg Brashears to discuss navigating through a pandemic and all […]

$8 and up… Million, That Is
By Mark Hunt   |   June 25, 2020

To say it has been an active spring in the Montecito Real Estate market would be an understatement. Without even taking into considering the recent, national challenges, and even when comparing to most 45+/- day periods, regardless of market conditions in recent years, it has been a good six weeks in the Montecito Real Estate […]

Advertisement
How Hot is Today’s Real Estate Market?
By Michael Phillips   |   June 18, 2020

The Montecito Heat Index measures present demand for Montecito single-family homes. By focusing upon buyer contracts, rather than closed escrows which typically lag a month or longer from accepted contracts, the Heat Index provides a forward-looking indicator of both market strength and direction. At five distinct price points, we look at where value is most […]

How to Buy a Montecito Mansion During a Global Pandemic
By Nick Schou   |   May 7, 2020

Last Friday, I took a guided tour of a charming abode hidden at the end of a long and curving driveway on East Mountain Road. Located just a block away from the San Ysidro Trailhead, the property included an historical guest cottage (believed to have once belonged to Priscilla Presley), and a home office above […]

Read more...

Best Buys SOLD!
By Mark Hunt   |   April 23, 2020

While there are many listings from “pre-stay-at-home order” days, and there are some few new listings on the market, I thought it might be a good time to focus on what has been selling here in Montecito since the stay at home order fell into place. Of course, many of the sales between March 15 […]

Montecito Market Update
By Kelly Herrick   |   April 16, 2020

Here’s an update on the state of the real estate market, as our community continues to adhere to the statewide shelter-at-home order. Like most other industries, the real estate industry has slowed significantly due to the COVID-19 pandemic. As of press time, there are currently 109 properties on the market in Montecito, with nine of […]

Newer Listings in Montecito
By Mark Hunt   |   March 26, 2020

The homes that comprise the Montecito Real Estate market offer great diversity in terms of style, price and amenities, as well as the varied topography and neighborhoods this lovely area offers to homeowners. From a canyon side home to a level lot in a private setting, a hill top view home, a historic property resting […]

Montecito & SB Real Estate Update Amid Covid-19
By Kelly Herrick   |   March 26, 2020

It goes without saying that the last few weeks have been a tumultuous time for everyone, and the global pandemic and associated social distancing and quarantines have had far reaching consequences for nearly every type of trade or commerce. The local real estate market in Santa Barbara and Montecito is no exception; here’s what’s happening […]

Estate Offerings in Montecito
By Mark Hunt   |   February 27, 2020

2018 and 2019 saw solid years for sales in the $10,000,000+ range. In 2019 there were 10 homes that sold over $10,000,000 in the Montecito, 93108 zip code, and 14 over $10,000,000 if you include homes sold in the Padaro Lane area. In 2018 there were seven sales in Montecito over the $10,000,000 price point. […]

Advertisement