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Montecito, CA Multifamily Home for Sale

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    $5,100,000

    1315 Virginia Rd, Santa Barbara, CA 93108

    Perfectly positioned in Montecito's sought-after Lower Village, 1315 Virginia Road places you just moments from the best of coastal living. Just a 5-minute walk to the iconic Coral Casino and Butterfly Beach, the property also sits within easy reach of the renowned restaurants and shops on Coast Village Road. Set on a single lot, the property features two beautifully maintained, single-level

    Tony Miller Compass

    1315 Virginia Rd, Santa Barbara, CA 93108

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

Housing Trends

Median Sale Price
$6,000,000
Median Single Family Sale Price
$11,850,000
Median 2 Bedroom Sale Price
$2,635,000
Average Price Per Sq Ft
$2,515
Number of Homes for Sale
4
Last 12 months Home Sales
13
Months of Supply
3.70
Median List Price
$7,395,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
63%
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