“Price is what you pay. Value is what you get.”
– Warren Buffett
At the end of last year, several off-market, high-end Montecito properties went into escrow, and they are closing this month — including two sales last week over $20M — underscoring the need to stay in the know!
We are currently seeing a dramatic increase in demand for all price ranges in Hope Ranch and Montecito and understandably, luxury rentals and turnkey homes are seeing a surge of activity, due to the horrific tragedy in Southern California
Here are a few of my favorites on the market right now:
BEACHFRONT LUXURY
1803 Fernald Point Lane | $34,500,000
What We Love: Premier Fernald Point Location | Impeccably Renovated | Spacious Interiors with Breathtaking Views
HOPE RANCH RETREAT
4426 Via Bendita | $12,995,000
What We Love: Timeless Spanish Architecture | Resort-Style Saltwater Pool & Spa | Private Tennis Court | 3.25 Verdant Acres in Hope Ranch
ENCHANTING UPPER VILLAGE ESTATE
605 San Ysidro Road | $6,750,000
What We Love: Expansive 1+ Acre Retreat in Montecito | Close to the Upper Village | Sunlit, Airy Living Spaces
If you are looking for more, here are a few more to explore.
What Happened in Montecito Last Week?
January 12th – January 18th
9 New Listings
3 Closed Sales
3 Pending Sales
weekly spotlight
New Swimwear Store Coming to Coast Village Road
Our new neighbor on Coast Village Road will be Everything But Water, an Orlando-based women’s swimwear brand with around 30 locations nationwide. Taking over the former Maison K space at 1253 Coast Village Road, they’ll bring a luxury retail destination for beachwear and swimsuits to the Lower Village. We can’t wait!
