Sea Meadow, a small gated community of 30 homes and one lot at the beach in Montecito, saw its first sale in over two years with the January 2025 resale of 1473 Bonnymede Drive, closing 10.6% above its previous 2021 sales price, signaling continued appreciation and renewed interest in this tightly held coastal enclave.
This follows a quiet stretch with no sales in 2023 or 2024, after a standout year in 2021 with seven sales, including a record $26.5M transaction.
From 2020 to 2025, the community recorded 11 sales with an average price of $8.68M and a median of $7.08M, affirming Sea Meadow’s enduring allure in Montecito’s coastal market.
To explore more on the Sea Meadow community CLICK HERE.
What Happened in Montecito Last Week?
May 4th – May 10th
weekly spotlight
Santa Barbara Pre-Approved ADU Program
Thinking about adding a detached ADU to your property? The City of Santa Barbara just made it a whole lot easier. With the launch of its new Pre-approved ADU Program, homeowners can now access vetted designs, skip key permitting steps, and save both time and money.
Why it matters:
1. Design Confidence – Choose from architect-submitted plans already cleared by the City.
2. Faster Permits – Get approvals in half the usual time.
3. Lower Fees – Save 25% on plan check costs.
If your property qualifies, you can select a pre-approved design, submit your site-specific details, and receive approval within 10 business days. Whether you’re housing family, creating rental income, or adding value, this streamlined approach brings your ADU plans closer to reality—faster than ever. Ready to learn more? CLICK HERE
