Why Live in Montecito
Montecito, CA, a luxurious enclave in the foothills of the Santa Ynez Mountains, is renowned for its opulent estates and stunning Pacific Ocean views. This community attracts high-profile residents like Oprah Winfrey and the Duke and Duchess of Sussex, yet maintains a tight-knit atmosphere where generations of families have lived. The area features palatial properties with expansive lots, long driveways, and styles ranging from Spanish Revivalist to contemporary mansions. The highly rated Montecito Union Elementary and Cold Spring Elementary School serve the community, while the prestigious Laguna Blanca School offers private education from kindergarten through 12th grade. Outdoor enthusiasts can enjoy sandy beaches like Butterfly Beach, hiking trails in San Ysidro Canyon, and Manning Park’s picnic areas and playgrounds. Montecito's Upper and Lower Villages feature charming small businesses and upscale dining options, including Montecito Coffee Shop and Lucky’s Steakhouse. The community is just 5 miles from downtown Santa Barbara and Carpinteria, with Santa Barbara Cottage Hospital nearby for medical needs. Public transportation options include buses and bike shares, and the Pacific Coast Highway provides a 90-mile route to Los Angeles and its airport. Montecito combines luxury living with convenient access to surrounding areas and California landmarks.
Home Trends in Montecito, CA
On average, homes in Montecito, CA sell after 45 days on the market compared to the national average of 70 days. The median sale price for homes in Montecito, CA over the last 12 months is $5,050,000, down 65% from the median home sale price over the previous 12 months.
Median Sale Price
$5,050,000
Median Single Family Sale Price
$3,149,000
Average Price Per Sq Ft
$2,551
Number of Homes for Sale
2
Last 12 months Home Sales
8
Median List Price
$3,149,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
-65%