MAY SALES SUMMARY & MONTECITO POOL HOMES

Posted on Jun 8, 2018
MAY SALES SUMMARY & MONTECITO POOL HOMES

REAL ESTATE

By: Mark Ashton Hunt

Originally published in the Montecito Journal, 06/07/18

 

MAY SALES SUMMARY & MONTECITO POOL HOMES

I am pleased to report that in May of 2018, there were 15 homes that closed escrow (sold/changed owners) in Montecito, according to the Multiple Listing Service (MLS). This is up considerably from just 4 homes that sold in April, yet the number is down about 30% from the 22 homes that sold in the same month (in the MLS) during 2017.

Non-the-less, these 15 sales were welcomed, having had our Real Estate market affected, following the tragic storm events of January 9th that put Montecito on the FEMA Disaster Zone List. Recovering in all areas, including the Real Estate market it might seem, the people of this town and those providing services and support are proving once again that we are, Montecito Strong.

Recently sold homes in our area range from a townhouse in East Montecito, in the Montecito Union School District (selling for just under $700,000) to a rarely offered beach front property (marketed with plans for a new home) just a few doors down from the Four Seasons Biltmore hotel on Butterfly Beach (that sold for an impressive $11,500,000). May was the month that our Real Estate market started looking like itself again… brisk with sales, new listings and May gray, heading into Summer.

June began on a positive note day one, with a smaller home selling in the Cold Spring School District of Montecito. Fingers crossed for continued sales and recovery in the area.

Often in this article, I like to focus on a specific segment of our housing market. Today that is the entry level Montecito estate. As I would define this, it would most usually be a property offering a top location, with a significant home or opportunity to remodel or build, complete with amenities such as a pool and views or privacy, architectural or design significance, etc…

While not full blown multi acre estates, these homes are a step above the average Montecito home price/experience (which might be approx. $2,500,000+/- with a modest home and grounds). When one is spending approximately $4,800,000 – $6,000,000 (the price range covered today), one can expect to enter the realm of Montecito Dream homes.

These homes featured here, all deliver, with terrific locations, pools, privacy, views or setting, architectural and design features and more.

2084 Alisos Drive – $4,895,000 

Tropical Villa / Modern Touches

Listed with Berkshire Hathaway Home Services California Properties

This home is located on a small lane, off Lilac Drive, through iron gates, and up a palm-lined driveway. The Andalusian-style villa is surrounded by lush landscaping and majestic oaks on a park-like acre, within the Montecito Union School District.

The interior features Mediterranean and Moroccan influences. Hardwood, tile, marble and stone floors as well as darker ceiling beams are attention grabbing design features. The home includes a living room, chef’s kitchen, luxurious bedroom suites (a total of 3 bedrooms and 4 and a half baths), imported light fixtures, and hand painted tiles.

French doors open to a courtyard & pool area replete with jasmine, bougainvillea and landscaped gardens as well as complete privacy.

1636 Moore Road – $4,995,000

Contemporary Design Set In Nature

Listed with Village Properties

This one-story home blends disciplined architectural lines with the landscaped grounds of its 1.7-acre mountain view setting. The 3 bedroom, 5 and a half bath home includes approximately 4,665 square feet of living space (as advertised) within what is described as open concept living, open spaces blending the indoor with the outdoor.

There is a chef’s kitchen with skylights and picture window and near the great room there is a den with fireplace, that with the en-suite bath, can serve as an additional bedroom. The mountain view master suite includes a family/media room, 2 bathrooms and 3 walk-in closets. The bedroom with exterior access is ideal for guests, a gym, office, etc…

The home is surrounded by live oaks, serene grounds, a pool/area and mountain views and is in the Montecito Union School District, just a few short blocks to the upper village shopping and dining.

835 Park Lane – $5,295,000

Ocean Views On A Park Lane Acre

Listed with Village Properties

This is a rare opportunity to find a substantial home (over 5,900 square feet as advertised) on an ocean view acre on Park Lane for under $6,000,000 (citing a recent sale).

The Mediterranean style home includes multiple outdoor destinations, and a coveted, close in location. The open floor plan provides ocean views from nearly all living spaces. Upstairs, the ocean view master suite features dual closets and dual bathrooms. There is also an attached cabana for entertaining off the pool area.

With a south facing terrace, central courtyard, two outdoor BBQs, and poolside patio, there are ample places to enjoy Montecito’s coveted indoor/outdoor lifestyle.

This home is gated with a private drive and located in the Montecito Union School District just a few blocks from the knowlwood tennis club and the upper village.

745 Fuera Lane – $5,995,000 

Private Compound, A+ Location

Listed with Berkshire Hathaway Home Services California Properties

A prime location, on a private lane just off San Ysidro Lane, is the setting for this mountain view compound in the Montecito Union School District. Set on just under an acre and surrounded by other significant estates, this home is just a block from the San Ysidro Ranch Hotel, and a few short blocks in the other direction, to the upper village shops and restaurants in Montecito.

The gated, verdant sanctuary includes the main home with an open, easy living floorplan, including 4 bedrooms in just over 4,100 square feet of living space (as advertised). There is also a guest house and a pool and pool pavilion, all behind gates and surrounded by lush gardens.

The Mediterranean design carries throughout the residence with tile floors, plaster walls and multiple doors leading to patios, terraces and gardens.

Please feel free to contact us directly regarding any Real Estate needs, or to set up a showing with the listing agents to see any of the properties featured here –

Mark@Villagesite.com or call/text 805-698-2174.

Sheela@Villagesite.com or call/text 805-698-3767

Please view our website, www.MontecitoBestBuys.com, from which this article is based.