The $2.2’s… Million, That Is

As we move further into the New Year, we are seeing new homes come on the market, as well as listings that had expired at the end of last year and are coming back on. Inventory is generally low right now, but not far off averages for past years overall.

Additionally, many of the homes for sale have been on the market a while now or are back on the market after a pause or break from active marketing. In my recent articles, I have focused on specific price points, comparing homes in that price range. This practice allows me as well as readers to compare homes that are basically priced the same, though usually offering different styles, features, number of bedrooms, level of finishes, etc…

Whether a home is contemporary, Spanish, ranch, or other style of home, it is nice to see options of homes priced similarly. Today I focused on a very popular price point in our market, the low two million dollar range.

760 Hot Springs Road – $2,275,000

This contemporary, two-story home offers just over an acre of land down a shared drive, surrounded by more expensive homes. There are four bedrooms and three bathrooms in the home and the interior has high ceilings with large windows.

Modern and open, the living room enjoys a fireplace, and many windows to enjoy views of the mountains and setting. The kitchen offers two Wolf-Range ovens, a Sub-Zero refrigerator, Sub-Zero wine refrigerator and stainless steel countertops. The master bedroom includes a private balcony and ocean views. There is a grassy yard, pool and spa and the home is within the Montecito Union School District.

130 Santo Tomas Lane – $2,295,000

Here is a newly remodeled, single-level, ranch style home, nestled on a corner lot in the heart of the Montecito Oaks Neighborhood. This area is very near to Coast Village Road, Butterfly and Miramar Beach, all of which can be accessed using the new pedestrian path on North Jameson Lane.

The home offers three bedrooms and three bathrooms in approximately 2,100 square feet of living space. There is air conditioning, an outdoor deck, additional guest parking, grassy yard, and within the Montecito Union School District.

2825 Hidden Valley Lane – $2,295,000

This is a unique opportunity in East Montecito with two separately walled and gated private sites on one parcel. One site has a Spanish style cottage offering approximately 860 square feet of living space in a lovely setting. The other site is awaiting a new main home to be built.

Encompassing over an acre of mostly level, buildable land, the cottage site and the main home site are separated by Hidden Valley Lane, and are basically across the street from each other.

Approved building plans for a new, ocean view main home on the upper site are included in the sale. The casita site includes landscaped gardens and mature trees, a peaceful park like setting with patios and gardens and could be lived in while building the main home across the street.

740 Skyview Drive – $2,295,000

This remodeled three-bedroom, two-bath ranch style home is in the Cold Spring School District and is set among gardens with a small pool and is available for a new owner for the first time in over 30 years.

Stone pathways lead through lavender gardens to a wisteria covered arbor. The property is located on a private lane and enjoys a quiet setting with small ocean views. The home offers a multi-room audio system, security system, air conditioning and water softener. The property is fenced and has an attached two-car garage with storage.

For more information on any of these listings or to have me arrange a showing with the listing agents, please contact me directly, Mark@Villagesite.com or call/text 805-698-2174. Please view my website, www.MontecitoBestBuys.com, from which this article is based.