Weekly Market Snapshot

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The first week of February saw a total of 8 closed sales in Montecito – a strong start. As well, there were several interesting new listings that hit the market last week; 2084 E Valley Road came back on the market at $8,500,000 after closing in May 2021 for $6,905,000 and it is already in escrow. Another interesting one – 321 Ennisbrook Drive was listed for the first time at $13,900,000. The lot was purchased in 2016 and on it this chic contemporary was built.

What happened in Montecito Last Week?

January 30th – February 5th

8 HOMES SOLD

2 LISTINGS WENT INTO ESCROW

7 NEW LISTINGS

4 PRICE CHANGES

FUN FACT: The highest January sale throughout Santa Barbara County was 805 Picacho Lane, which sold off-market for $18,600,000.


Majestically positioned at the end of a private lane, Ventana de Paraiso commands the most coveted location on Ortega Ridge. With intoxicating 180 degree views of the Pacific, explosive mountain views and 5 acres as your playground, this legacy property is a unique residential compound on the Central Coast.Embracing bold lines, multiple structures and exceptional living spaces, this gated, architectural statement is both subtle and versatile complementing the land and location with a sense of ease and permanence. Along the coast and at the intersection of Summerland and Montecito, the massive views and exceptional privacy are a rarity for such a close-in location.

That sums it up for last week!

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