How’s the Montecito Real Estate Market?

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Fall in Montecito - 4 Trends to Watch

There’s a quiet confidence in Montecito this fall. With approximately 91 homes on the market and more discerning buyers, homes that embody design, privacy, and legacy are defining the season.

Here are the trends we’re seeing:

#1 | Warm Modernism

Smooth plaster, oak beams and stone underfoot, design is leaning organic and textured. The look is modern yet grounded, a style epitomized by The Well in Summerland and Montecito - natural, rugged, and quietly luxurious.

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#2 | Private by Design

Behind lush hedges and iron gates, Montecito’s privacy and Mediterranean gardens are a main attraction. Properties like 1399 School House Road capture what buyers are craving — calm, secure spaces that are deeply connected to their surroundings.

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#3 | Legacy & Land

This season we are seeing a focus on the long-term. Properties with acreage, privacy, and the potential to evolve, like 450 Lambert Road, are in demand. With a focus on legacy living, refinement, and roots, homes built to last, expand, and be passed down are defining the next level of luxury.

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This week’s high and low sales capture what’s defining Montecito this season: timeless architecture, quiet privacy, and an enduring sense of place.

HIGH SALE

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700 Picacho Lane | $60,000,000

Always a show stopper, this Montecito estate continues to attract multiple buyers and sold for an impressive $60 million, ranking among one of the highest sales in Montecito’s history. Originally designed for Rob and Sheryl Lowe and later owned by Adam Levine and Behati Prinsloo, Oakview last sold in 2022 for $52 million and after some design changes, debuted for $65M this summer and closed escrow last week after 82 days on the market.

LOW SALE

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925 Chelham Way | $2,700,000

In Montecito’s Cold Spring district, this contemporary residence sold for $2,700,000 after 126 days on market, marking a 1.8% decrease from its last sale in 2021 at $2,750,000. The property previously sold earlier that same year for $2,505,000, reflecting an overall 7.8% gain over the past four years.


What Happened in Montecito Last Week?

October 5th – October 11th

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weekly spotlight

Life in Full Color

150 Cedar Lane | Newly Priced for $4,250,000

Living RoomMasterfully designed by distinguished Santa Barbara architect Robert Senn and interior designer Monica Senn as their personal residence, this coastal retreat reflects impeccable design and exquisite craftsmanship. With stunning sight-lines capturing endless ocean, harbor, and city views, every detail reflects a commitment to quality and precision.

Kitchen

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That sums it up for last week!

Click here to view more of our current featured listing

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