Every month there are certain sales that catch our eye, whether they are off-market sales, unique properties, less expensive than average or just plain news we want to share.
Take a look below for three of the most notable off-market sales we have seen in Montecito in awhile!
most notable off-market sales
700 Picacho Lane, Montecito | $52,000,000
Year to date this is the highest sale in Santa Barbara County, by far! At nearly 11,000 +/- Sq. Ft. and almost 3.5 acres – this Montecito estate is breathtaking. It sold in 2020 and kicked off the new world order for Montecito estate pricing. The buyers never moved in and got an off-market offer they couldn’t refuse!
677 El Bosque Road, Montecito | $9,005,000
Sold just over a year ago for $5,750,000, this Monterey Colonial compound was getting ready to come on the market at $8,750,000 (virtually unchanged from a year ago) but never made it to the open market. It had multiple offers prior to hitting the MLS, selling for a whopping 36% above its sales price from only a year ago!
196 La Vereda Road, Montecito | $3,750,000
An enchanting 4 bedroom property in Montecito’s beloved Hedgerow neighborhood sold privately and continued the stampede of buyers wanting to live in this charming lower Montecito neighborhood.
the inside scoop
Let us know how we can help you navigate the real estate market in Montecito and Santa Barbara. We have information on market stats, upcoming listings and more – please don’t hesitate to reach out.
