Hot Property

March 20, 2021

High-Priced Montecito House Sells for $1.7 Million Over Ask

Yet another huge week for local real estate, with noteworthy sales also including a 1928 Tudor on three acres; a new-build just off Olive Mill Road; a five-acre Picacho Lane estate; two Mediterranean villas that went for at least $8 million; a glam 1919 villa; a sweet, sunny house in Toro Canyon; the Sears kit house on Wellington Avenue; and more.

March 13, 2021

Maroon 5’s Adam Levine Spent $22.7 Million on a Historic Montecito Estate

Other noteworthy closings this week: Someone dropped $45 million on a Fernald Point compound; 105 oceanfront acres in Hollister Ranch; Hedgerow house that sold for $2.5 million more than it did just last summer; an architectural statement in Hope Ranch; and many more.

March 6, 2021

1929 Riviera Stunner Sells for Almost $10 Million

Noteworthy sales this week also include one of the most stylish houses in Montecito, a glamour puss on Pepper Hill, a compound near the Miramar resort, Ladera Lane spec reno on the market for nearly two years, a Riven Rock fixer, and more. 1

February 27, 2021

Natalie Portman Sells 10-Acre Montecito Property for Healthy Profit

The local real estate market is even hotter than it was six months ago: everything is selling, often going into escrow before officially being listed and selling above ask with a quick close. So if you think you might want to sell—and you have somewhere else to live—now is the time.

February 20, 2021

Midcentury on the Riviera Ready for a Transformation

Other noteworthy sales in the past week include a 1947 house on Picacho Lane, another Hope Ranch teardown, turnkey in Cielito with indoor pool and gym, a dazzling mountain setting above Carp, and the Coyote Road hovel.

February 13, 2021

1980s Hexagon With Wraparound Views Finally Sells for Half Off

Other notable sales this week: a one-day flip on Middle Road, a pink villa atop Hidden Valley Lane, a fast closing for over ask in central Montecito, a spec new-build on the market for two years, a bunch of fixers, and more.

February 6, 2021

This Hedgerow Seller Played the Market Like a Fiddle

Notable closings also include a Park Lane flip for a tasty profit; Hope Ranch teardown on five acres; fast sales over ask on the Mesa and in the Hedgerow; and a slew in the twos. Plus: several off-market sales from the past month or so.

January 30, 2021

The Real Estate Market Shows No Signs of Slowing Down

Everything continues to sell—high, low, turnkey, and not. Among the interesting properties to change hands: a Hedgerow charmer, the weirdest house on the Riviera, a split personality in Birnam Wood, a Hope Ranch fixer in its first time on the market in 70 years, and a cute 1936 house on a secret downtown street.

January 23, 2021

French Country Estate in the Golden Quadrangle Sells for $15.75 Million

Notable closings also include a 1905 estate on East Valley Road, a secretive transaction on Ashley Road, a teardown on 11 acres in the hills above Summerland, and an architectural fever dream.

January 16, 2021

Another $75 Million in Real Estate Changed Hands This Week

The residential market remains on fire, with notable sales including Hope Ranch oceanfront for $25 million, a Mediterranean sprawler that went for nearly $6 million off the initial ask, a midcentury fixer that sold for $1 million over the listing price, a Birnam Wood chateau, the Park Lane conundrum, and many more.