How’s the Montecito Real Estate Market?

1_Communities Together- Montecito

1_Communities Together- MontecitoLife at the beach never looked so good!

Bonnymede and Montecito Shores stand out as two of Montecito’s most sought-after beachfront communities! Although sales volume sometimes fluctuates, the allure of the beach remains strong and data doesn’t fully reflect what’s going on behind the scenes where those in the know are sometimes buying and selling off market.

At the end of last year, 1 Seaview sold off market for $9,450,000 marking the highest sale ever recorded in the community.

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Buyers love the low key, beach front location offering a 5 star experience at a fraction of the price of a beach house.

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The average sales price in Montecito Shores has jumped 66% since 2020, up from $2.58M to $4.28M year-to-date in 2025, with 5 sales already recorded this year.

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Bonnymede has seen an even more significant rise, with the average sales price increasing from $1.77M in 2020 to $2.97M year-to-date in 2025. A 68% jump! And these are just the average prices including everything from studios to 3 bedroom units. Today the lowest priced units start at $1.85M for a studio (~$2,500 sq. ft.) and go up to $6.45M (~$3,800 sq. ft.) for a renovated townhouse on the oceanfront - and that’s if you can convince the owner to sell!

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Behind the gates, these coastal enclaves continue to reward sellers and offer an exceptional lifestyle for buyers. Neighboring some of Montecito’s most iconic destinations, from Butterfly Beach to the Rosewood Miramar, Montecito Shores and Bonnymede capture the spirit of low-key luxury.


What Happened in Montecito Last Week?

August 3rd – August 9th

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weekly spotlight

Midcentury Modern Coastal Compound

A quiet coastal compound unfolds over 1.08 serene acres, the two-residence property brings together architectural intention, curated gardens, and a panorama that moves from mountains to ocean.

Explore 3880 & 3882 Foothill Road


That sums it up for last week!

Click here to view more of our current featured listing

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