Santa Barbara Luxury Real Estate Sales Activity

Santa Barbara Luxury Real Estate Sales Activity.  The Santa Barbara luxury real estate market has enjoyed a very good year.  So far this year, the following luxury estates in Santa Barbara have closed escrow.   A recently built Estate with terrific views on 5 acres closed escrow at $23.5 million. It was listed at $22.5 million for over 2 years before selling over asking price!  A Montecito Estate in the process of a major remodel closed escrow at $19.5 million and the remodel was far from being finished!  An oceanfront Estate in Hope Ranch on 14 acres sold at $18.1 million.  An oceanfront Estate on 2 acres on Padaro Lane sold at $16.9 million.  A historic Estate in Montecito closed at $16.8 million.   A famous designers home in Montecito closed escrow at $16.5 million.  A home within walking distance to the famed San Ysidro Ranch closed escrow at $16.1 million, a celebrity Estate in Montecito sold at $15.9 million, a recently constructed Estate in Montecito on 12 acres sold at $13.9 million, a Montecito home on 3 acres sold at $12.5 million, a 15,000 square foot Estate in Montecito closed at $10.9 million,  a historic Estate in Montecito closed escrow at $10.5 million, a recently built Montecito home on 24 acres closed escrow at $10 million.  A Montecito home on 2.4 acres sold at $9.5 million, a Montecito home on 2.5 acres sold at $9.2 million, a high end foreclosure in Montecito closed at $9 million and was on the market for only 21 days from the first list date to the closing.  A home in the exclusive gated beach community  of Sea Meadow in Montecito closed escrow at $8.7 million.  A fixer in Montecito on 6.5 acres closed escrow at $8.2 million, a home in Montecito on 1.3 acres sold for $7.5 million, and a former celebrity home on just under an acre sold at $7.3 million.   There are many more in escrow.    2012 has been a great year for high end Santa Barbara luxury real estate.   To view homes for sale, click  SEARCH SANTA BARBARA LUXURY REAL ESTATE   From there you can search homes matching the specific criteria you provide.  For personalized attention, call Wendy Gragg  805.453.3371 or email WGragg@DistinctiveRealEstateOnline.com