Montecito is a lovely community nestled between the mountains and the beach. Most lots are 1/2 to 1 acre or more, with some neighborhoods having smaller homes on 1/4 and 1/5th acre lots. Prices range from $1,000,000 to $25,000,000 or more. Elementary schools include Montecito Union School and Cold Springs School (Sheffield Drive to Sycamore Cyn Road are the approximate boundaries). Small markets, restaurants and shops make this town a paradise, close to LA and close to all that downtown Santa Barbara provides.