East Montecito above East Valley Road
By Mark Ashton Hunt   |   August 15, 2019

In our continuing look at the various neighborhoods around Montecito we have recently taken a look at western Montecito, homes in the Cold Spring School District, estates near the San Ysidro Ranch and beach area homes. Now let’s direct attention to homes just a mile or two from the upper village in Montecito, all within […]

On the Market
By Richard Mineards   |   July 18, 2019

A 400-acre estate in the Santa Ynez Valley that belonged to the late actor James Garner is up for grabs. Garner, star of the TV series The Rockford Files, who died in 2014, commissioned the property, Rancho La Zaca, in the ‘90s with architect Hugh Newell Jacobsen designing a 8,000 sq. ft. house showcasing the […]

 

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Montecito Beach Area Homes
By Mark Ashton Hunt   |   July 4, 2019

Nothing says summer like a day at the beach and no beaches that I know of are more cherished by residents and visitors alike than the beaches of Montecito: Butterfly Beach with the Four Seasons Biltmore Hotel and Miramar Beach with the newly opened Rosewood Resort at Miramar Beach.  The beach area in Montecito can […]

House Hunters
By Richard Mineards   |   June 27, 2019

A Montecito listing represented by Riskin Partners real estate group of Village Properties has been selected as a finalist in the HGTV Ultimate House Hunt 2019 for its curb appeal. The competition is held annually on HGTV.com and features extraordinary homes in eight categories, including amazing kitchens, countryside retreats, waterfront homes, and modern masterpieces. The […]

Rad Pad
By Richard Mineards   |   June 27, 2019

Tech entrepreneur Sean Rad is selling his Montecito home for $12.67 million. The former Tinder CEO and co-founder purchased the estate for $11 million from TV talk show host Ellen DeGeneres and Portia de Rossi. Rancho San Leandro boasts two main residences, totaling 6,764 sq. ft. Built in the 1800s, the main hacienda-style residence has […]

Real Estate
By Richard Mineards   |   June 27, 2019

A ten-acre Montecito estate, with seven bedrooms and eight bathrooms, has just come on the market for $17 million. The 13,932 sq. ft. property is just a tiara’s toss or two from the homes of TV talk show titans Oprah Winfrey and Ellen DeGeneres. The expansive grounds include terraced gardens, a pool, spa with a […]

How Hot is Today’s Market?
By Michael Phillips   |   June 20, 2019

The Montecito Heat Index identifies today’s demand for Montecito single family homes in five price sectors. By measuring buyer demand (pending sales), rather than sales (closed escrows), which is lagging typically thirty days, we create a forward looking indicator of both market strength and direction. The Heat Index metric shows us the price point(s) where […]

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  • Up By The Ranch
    By Mark Ashton Hunt   |   June 20, 2019

    If you do not live in Montecito, or if you are not a repeat visitor of the San Ysidro Ranch, then you might not know how big a deal it is that the San Ysidro Ranch has re-opened for business (after being closed for over a year for repairs to some structures following the debris […]

    The Montecito Heat Index: How Hot is Today’s Market?
    By Michael Phillips   |   April 25, 2019

    The Montecito Heat Index identifies demand for Montecito single family homes in five price sectors. By measuring buyer demand (signed contracts) rather than sales (closed escrows), we create a forward looking indicator of both market strength and direction rather than sold data which is typically a month or more old. This metric also shows us […]

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    Montecito’s $2- to $3-Million Sweet Spot
    By Mark Ashton Hunt   |   April 18, 2019

    There are many homes for sale right now in Montecito that very probably could not be replaced for the price sellers are asking. This means that existing homes are in some cases less expensive than if one were to buy the land and build. Additionally, some homes are historic in nature so you literally can’t […]

    The Montecito Debris Flow One Year Later: Housing Market Impact and Recovery
    By Robert Niehaus   |   April 4, 2019

    The Thomas Fire and subsequent debris flow on 9 January 2018 devastated portions of Montecito and surrounding communities. The debris flow killed 23 people and damaged or destroyed hundreds of homes and commercial properties. As of April 2018, insurance claims total $421.9 million, including 107 homes declared total losses (California Department of Insurance, 2018). Those […]

    For Sale On or Near Miramar Beach
    By Mark Ashton Hunt   |   March 21, 2019

    Well everyone, the wait is over. After one of the fastest construction periods I’ve ever seen (to offset the 12 years of planning and approvals) the new Rosewood Miramar Beach Resort is here, and it’s impressive.  The grounds at the new Miramar resort are vast and open, the pools are well positioned on the property […]

    New and Reduced Listings
    By Mark Ashton Hunt   |   February 21, 2019

    There are two categories of real estate offerings that grab the most attention from agents and buyers alike, and these are new and/or reduced in price listings. When a property hits the market, everyone wants to see inside, judge the value, make an offer or wait and see… When a property has been sitting for […]

    Comparison Shopping
    By Mark Ashton Hunt   |   February 7, 2019

    While available housing inventory in Montecito may be lower these days (about 120 homes and condos currently on the market; in years past that number would be 150 or more in a January), there are still options of styles and conditions of homes in every price range.  Each day I find it is interesting to […]

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