The Santa Barbara luxury real estate market is seeing tremendous demand. Inventory is down, and buyer demand is extremely high with buyers are coming from Los Angeles, San Francisco, New York & other parts of the country. The pandemic and the stay at home order has made a home more important than ever before & the data is proving that out.
RECENTLY SOLD…
A Vineyard Estate on 55 acres in Toro Canyon closed escrow in June for $11,000,000.
An Estate in the heart of Montecito’s Upper Village closed escrow in June for $11,250,000.
A Hope Ranch Equestrian Estate closed escrow in May for $10,500,000.
An oceanfront home in Montecito closed escrow in June for $9,000,000.
Two ocean view Estates in Montecito closed escrow in May. One at $8,800,000., the other at $8,700,000.
A Mediterranean Estate in Toro Canyon closed escrow in June for $7,900,000.
A Barton Myers Contemporary in Toro Canyon closed escrow in June for $7,200,000.
A Valley Club home in Montecito closed escrow in June with multiple offers $6,961,171.
Ellen DeGeneres bought a Montecito home for $3,607,413 in January. After a short remodel, she sold it to Ariana Grande for $6,750,000 in May.
IN ESCROW…
An oceanfront fixer upper in Montecito listed at $17,900,000.
A blufftop home in Hope Ranch listed at $11,750,000.
A fixer on 20 acres in Carpinteria listed at $11,750,000.
A Montecito beach house listed for $8,350,000.
A Montecito Mediterranean listed for $7,495,000.
A historic Montecito home listed for $6,995,000.
Call or text Wendy Gragg at 805.453.3371 to discuss your housing needs. Click EXCLUSIVE LISTINGS to view my listings.