NEW LISTING! 2682 Montrose Pl, Santa Barbara CA

Awash with rustic charm and timeless elegance, this romantic Tuscan villa is one of Mission Canyon’s hidden treasures with its breathtaking ocean views and architectural grandeur reminiscent of an Italian grotto. Unique, magical and supremely inviting, this three bedroom, three-and-a-half bath home was meticulously constructed in 2005 by a local contractor.

The builder demonstrated remarkable attention to detail and employed the finest elements of the earth to create an enchanting home where Old World craftsmanship meets modern-day functionality. The woodwork alone is enough to swoon even the most discerning buyer, from Cedar doors and windows to vaulted Douglas Fir ceilings and handcrafted vanities throughout the home. Add to that a hand-cut stone entry and wide-plank Pine hardwoods; custom wrought-iron handrail, sconces and chandeliers; intricate travertine tile work in every bathroom; and a massive stone fireplace — these are among the home’s abundance of artisan effects that deliver richness of character while reflecting the utmost quality of craft.

The home lives comfortably, thanks to a circular floor plan, exterior access from nearly every room, and strategic separation of the entry-level master suite from the guest quarters and family room downstairs. A balcony spans the length of the house and complements the sun-drenched backyard and brick patio below. Innately one of a kind, yet perfectly in tune with neighboring luxury homes, this young estate has the birthright to become a lasting piece of Santa Barbara’s history.

Offered At: $2,300,000

BROKERS OPEN THURSDAY 7/20 10AM-1PM

OPEN HOUSE SUNDAY 7/23 2-4PM

MISSION CANYON NEIGHBORHOOD

Located in the beautiful Mission Canyon neighborhood, Santa Barbara Travel Guide explains, “The Mission Canyon area of Santa Barbara is one of the prettiest neighborhoods in the city. Home to the Santa Barbara Mission, this spot was chosen by missionaries for its prime location on a rise of land situated between the Pacific Ocean and the Santa Ynez mountains. The views in this primarily residential region are spectacular.”

Please contact us today with any of your real estate needs, view all of our current listings, search Santa Barbara listings and open house guide today!

Thank you,

Randy & Kellie

santa barbara and santa ynez VALLEY market stats

 

July 2017 Real Estate Roundup

Welcome to summer! One of the questions that we are often asked is what home improvements gives us the biggest and fastest jump in home value. While the first thoughts are usually adding a new room or putting in a new kitchen or bathroom, this is not always the case. According to the most recent nationwide research, the following home remodeling projects will give you the best “Return on Investment” for your remodeling projects this year.  

Number one, in a surprising first place finish was installing or adding loose-fill fiberglass insulation. Few buyers want to move into a home that has delayed maintenance problems. Buyers know a well-insulated home has been kept up well and properly maintained.  

At number two, the second best remodeling improvement is replacing your home’s front door. First impressions count a great deal. When a buyer walks up to the front of your home, they want to be impressed. Buyers know if they are impressed when they walk up to their new home, their visiting friends and family will be as well.

And, at number three, is remodeling or refreshing the exterior siding of your home. Whether painting, finishing the stucco or repairing cracks, just like the front door, the exterior of your home shows pride of ownership and curb appeal.

Santa barbara prices:

Single family and planned unit development:

Total Current Listings 418
# of Single family & Planned development homes priced under $1,000,000 60
Lowest priced $599,000 fixer in SB
Highest Priced $85,000,000 29,000 sq ft estate on 237 acres in Montecito

condos:

Total Current Listings 101
# of Condos priced under $1,000,000 61
Lowest Priced $368,000 2 bedroom 1 bath in Carp
HIghest Priced $5,550,000 2 bedroom 2.5 bath Bonnymeade Condo in Montecito

santa ynez Valley prices:

single family:

Total Current Homes 165
# of Single family homes priced under $1,000,000 62
Lowest Price $489,000 2 bedroom home in Alisal Ranch - Lease land
Lowest Priced $525,000 3 bedroom home in Rancho de Maria, Buellton
Highest Priced $14,900,000 8,000 sq ft home on 192 acres

condos:

Total Current Listings 7
Lowest Priced $315,000 1 bedroom condo in Buellton
Highest Priced $550,000 4 bedroom condo in Solvang

santa barbara real estate update:

 

single family homes:

# of Sales Median List Price Average List Price Median Sold Price Average Sold Price
June-2017 135 $1,350,000 $1,976,988 $1,325,000 $1,891,587
June-2016 105 $1,197,000 $1,742,898 $1,173,000 $1,685757

single family homes: january 1st-june 30th

2016 2017 % up or down
# Sold Properties: 540 583 Up + 8.0%
Median Sold Price: $1,195,000 $1,250,000 Up +4.6%
Median Sold Price: $1,015,000 $1,073,500 Up +5.75% w/o Hope Ranch & Montecito
Average Sold Price: $1,750,552 $1,748,056 Down -0.14%
Average Sold Price: $1,258,325 $1,369,286 Up +8.8% w/o Hope Ranch & Montecito

residential: january-june 2013-2017

Year # of Properties Sold Median Sold Price
2017 583 $1,250,000
2016 540 $1,195,000
2015 583 $1,175,000
2014 518 $1,120,500
2013 651 $ 915,000

condos:

# of Sales Median List Price Average List Price Median Sold Price Average Sold Price
June-2017 41 $649,000 $685,104 $643,749 $676,639
June-2016 47 $625,000 $678,804 $620,000 $654,872

condos: january 1st-june 30th

2016 2017 % Up or down
# Sold Properties 203 201 Down -1.0%
Median Sold Price $635,000 $599,000 Down -5.67%
Median Sold Price $620,000 $588,300 Down - 5.1% w/o Montecito
Average Sold Price $803,134 $695,446 Down - 13.8%
Average Sold Price $701,751 $663,821 Down - 5.4% w/o Montecito

condos: january-june 2013-2017

Year # of Properties Sold Median Sold Price
2017 201 $599,000
2016 203 $635,000
2015 277 $580,000
2014 194 $542,500
2013 280 $489,500

santa ynez Valley real estate update:

(Single family homes, condos, & planned developments)

homes, condos, planned development:

# of Sales Median List Price Average List Price Median Sold Price Average Sold Price
June-2017 26 $747,000 $1,022,194 $734,500 $981,006
June-2016 34 $874,450 $2,106,982 $848,650 $1,925,333

homes, condos, planned development: January 1st-june 30th

2016 2017 % Up or down
# Sold Properties 128 119 Down - 7%
Average List Price $1,121,866 $1,337,471 Up + 16%
Average Sold Price $1,064,866 $1,270,655 Up + 11.4%
Median List Price $827,000 $798,000 Down - 4.5%
Median Sales Price $814,000 $790,000 Down - 3.0%

We would like to thank the Santa Barbara Association of Realtors, Coldwell Banker and the North Santa Barbara County MLS for providing us with our information that we use. Information is deemed reliable but not guaranteed.  As always if you are thinking of buying or selling, or know someone who is, please think of us and make sure you check out our new website at:  www.TheSantaBarbaraLifestyle.com

 

Now Sold! 3510 La Entrada, Santa Barbara, CA 93105

We are happy to announce the sale of 3510 La Entrada, Santa Barbara, CA 93105, where we represented the buyer. With it’s “Feel like you’re out in the country, yet you are only blocks away from the beach & downtown Santa Barbara” vibe- this listing boasted a secluded location down a private road and room for Horses . Rare & Unique! One Owner/Builder, adobe brick Home , made from soil on property. 3 bedroom 2 bath. This property offers over acre of land and room for horses. Comes with own private /shared water rights. Out buildings and garage plus separate carport, with work room. Must see to appreciate this rare opportunity.

SOLD FOR: $1,089,000

 

SAN ROQUE NEIGHBORHOOD

Located in the in the popular San Roque Neighborhood, As Santa Barbara Co. explains, “Bounded by Ontare Road, Foothill Road, Alamar Avenue, and State Street, the San Roque-Rutherford Park area is one of Santa Barbara’s choicest neighborhoods. It is located northwest of downtown and if you take the Las Positas exit from Highway 101 and head towards the mountains, you’ll dead end right into it. Several schools and parks pepper the area allowing for a safe environment for children to play in. Peabody School and San Roque School reside nearby, allowing children to walk to school in a safe and timely manner. Stevens, Willowglen, and San Roque Parks all provide ample opportunity for child-like fun.”

Please contact us today with any of your real estate needs, view all of our current listings, search Santa Barbara listings and open house guide today!

Thank you,

Randy & Kellie

 

Santa Barbara and Santa Ynez Market STATS

JUNE 2017 REAL ESTATE ROUNDUP

Happy June everybody! We are often asked questions about the real estate market. Is it going up or going down?  Currently it appears that prices are still going up, even though very slightly.  There was a recent article written by John Bergman, President of Bergman Euro-National Vineyards, Estates & Winery Sales. He noted that during the past nine years, the US economy has expanded, which is unusually long, as recessions typically occur every four or five years. The Fed’s zero fund rate during this time has help to create this expansion. However, with the Fed’s increasing their rate, it will be interesting to see how this affects the real estate market.

Santa barbara Prices:

Single Family & Planned unit development:

Total Current Listings: 410
# Single Family & Planned Development Homes Priced Under $1,000,000: 49
Lowest Priced Planned Development: $595,000
Lowest Priced Single Family Residence: $605,000
Highest Priced: $85,000,000 29,500 sq ft home on 237 acres

Condos:

Total Current Listings: 102
# of Condos Priced Under $1,000,000: 61
Lowest Priced: $372,000 2 bed, 1 bath
Highest Priced: $5,500,000 Plaza Pacifica

Santa Ynez Valley Prices:

Single Family:

Total Current Listings: 164
# of Single Family Homes Priced Under $1,000,000 62
Lowest Priced: $489,000
Highest Priced: $14,900,000, 6500 sq ft home on 116 acres

Condos:

Total Current Listings: 8
Lowest Priced: $315,000
Highest Priced: $599,000

Santa Barbara Real estate update:

Single Family homes:

# of sales Median List Price Average List Price Median Sold Price Average Sold Price
May 2017: 116 $1,267,500 $1,823,359 $1,232,500 $1,747,928
May 2016: 112 $1,1164,350 $1,730,770 $1,125,000 $1,680,745

Single Family Homes: January 1st-May 31st

2016 2017 % Up or Down
# Sold Properties: 435 446 Up +2.5%
Median Sold Price: $1,200,000 $1,200,000 N/C 0%
Median Sold Price: $1,020,000 $1,030,000 Up 1% w/o Hope Ranch & Montecito
Average Sold Price: $1,766,192 $1,705,894 Down -3.4%
Average Sold Price: $1,226,435 $1,320,792 Up +7.7% w/o Hope Ranch & Montecito

Residential: January-May 2013-2017

Year # of Properties Sold Median Sold Price
2017 446 $1,200,000
2016 435 $1,200,000
2015 569 $1,129,000
2014 415 $1,100,000
2013 536 $892,500

CONDOS:

# of sales Median List Price Average List Price Median Sold price Average Sold Price
May-2017: 30 $621,995 $805,283 $617,000 $781,123
May-2016: 40 $594,000 $767,861 $586,640 $751,421

CONDOS: JANUARY 1ST-MAY 31ST

2016 2017 % Up or down
# Sold Properties: 156 160 Up +2.5%
Median Sold Price: $698,500 $588,300 Down -10%
Median Sold Price: $620,000 $578,500 Down -6.7% w/o Montecito
Average Sold Price: $847,802 $700,265 Down -17.4%
Average Sold Price: $720,643 $661,233 Down -8.2% w/o Montecito

CONDOS: JANUARY-MAY 2013-2017

Year # of Properties Sold Median Sold Price
2017 160 $588,300
2016 156 $658,500
2015 227 $579,000
2014 160 $550,000
2013 180 $467,500

SANTA YNEZ VALLEY REAL ESTATE UPDATE: 

(Single family homes, condos, & planned developments)

homes, condos, planned development:

# of Sales Median List Price Average List price Median Sold Price Average Sold Price
May- 2017: 19 $1,195,00 $1,424,053 $1,165,000 $1,320,842
May-2016: 24 $819,000 $1,145,308 $803,250 $1,074,104

Homes, condos, planned development: january 1st-may 31st

2016 2017 % Up or Down
# Sold Properties: 97 109 Up +11.1%
Average List Price: $979,295 $1,105,882 Up +11.5%
Average Sold Price: $928,470 $1,047,580 Up +11.4%
Median List Price: $719,000 $729,000 Up +1.4%
Median Sales Price: $699,000 $810,000 Up +13.7%

We would like to thank the Santa Barbara Association of Realtors, Coldwell Banker and the North Santa Barbara County MLS for providing us with our information.Information is deemed reliable but not guaranteed.  As always if you are thinking of buying or selling, or know someone who is, please think of us and make sure you check out our new website at:  www.TheSantaBarbaraLifestyle.com