Montecito House/PUD Sales
Year to Date Sales 2017:
Median Sales Price: $3,275,000
As of May 4, 2017:
110 Active Listings
25 Sales Pending
4.4 Months of Inventory
Nestled in the foothills of the Santa Ynez Mountains and extending to an uninterrupted series of breathtaking California beaches, Montecito has been home and a vacation retreat for many of the world’s business tycoons, entertainment moguls and celebrities since just after the turn of the 20th century. One of the most prestigious and exclusive communities in the United States, it is renowned not only for its privileged residents, but also for its impressive, often extraordinary homes and estates significant for their history, architecture and notable owners.
Immediately adjacent to Santa Barbara, this 8-square-mile enclave is home to approximately 10,000 year-round and part-time residents, including visitors from all over the world who come to enjoy its two world-class hotels: Four Seasons Biltmore Resort and Spa and the worldwide acclaimed San Ysidro Ranch.
Its two charming commercial hubs – referred to by locals as The Upper Village and The Lower Village – are treasure troves of upscale shops, art galleries, fine restaurants and sidewalk cafes. The community’s private and public schools, as well as its private Westmont College, are ranked among the finest learning institutions in California. Montecito’s two public school districts, Montecito Union Elementary (with a 2013 API score of 947) and Cold Spring Elementary (with a 2013 API score of 946) are both noteworthy for their excellence.
The community’s recreational facilities include two public parks, hiking and horseback riding trails, three private golf courses and a private tennis club.