Montecito Luxury Real Estate – Buying Opportunity!!! The Montecito luxury real estate market offers a really good buying opportunity. While the Santa Barbara real estate market and Montecito real estate market are performing well, the luxury segment of Santa Barbara real estate and Montecito real estate provide ample opportunity. There is a terrific supply of luxury homes for sale in Santa Barbara and Montecito. The Montecito luxury real estate market just reported its first sale of the year. This luxury Montecito Estate was originally listed at $28,500,000. in 2009. It just closed escrow at $12,750,000. That is a 55% discount!! This Montecito luxury estate is designed appointed, approximately 5,800 square feet and on 2.43 acres with ocean views. To view luxury homes for sale in Santa Barbara and Montecito, click SEARCH MONTECITO LUXURY REAL ESTATE For personal attention, call or text Wendy Gragg at 805.453.3371 or email WGragg@DistinctiveRealEstateOnline.com
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