Santa Barbara Luxury Real Estate Activity. The Santa Barbara luxury real estate market is seeing brisk sales activity. This week a Montecito oceanfront property just closed escrow at $19,870,000. This Montecito oceanfront property is on 3.5 acres with 300 feet of pristine Montecito oceanfront. There is an small old home in the background, and remnants of a construction started and halted many years ago. This Montecito oceanfront property was originally listed for $47,000,000. in 2007.
A Montecito Estate just closed escrow at $9,725,000. This Montecito Estate is located on 11 acres at the eastern end of Montecito. It was originally listed at $19,500,000 in 2009.
Another Montecito Estate just closed escrow at $8,800,000. This ocean view Montecito Estate on 5.6 acres was originally listed at $12,225,000. in 2010.
Another Montecito Estate recently closed escrow at $12,750,000. This ocean view Estate in the heart of Montecito on 2.4 acres was originally listed for $28,500,000. in 2009.
The Santa Barbara luxury real estate market is also seeing a surge in homes going into escrow. One notable escrow is a Montecito oceanfront home on 3 acres with 244 feet of ocean frontage with a home of 7,300 square feet. Its listed at $24,000,000.
To view homes for sale in Santa Barbara and homes for sale in Montecito click SEARCH SANTA BARBARA PROPERTIES For personalized attention, call or text Wendy Gragg at 805.453.3371 or email WGragg@DistinctiveRealEstateOnline.com