The Oceanfront Areas
Beach House Anyone? Major Price Cuts and Slow Sales Along Santa Barbara’s Premier Oceanfront
Categories: Luxury Real Estate, The Oceanfront Areas
Where have all the good - Oceanfront - times gone? 
One of the major impacts from the Financial Crisis that we have seen here in the last 12-18 months is the slow sales and major price reductions that have taken place within the luxury high-end market here in Santa Barbara, Hope Ranch, Montecito, and Carpinteria CA.
One major part of this luxury market is the true oceanfront and beachfront property here along our coastline.
Being a Realtor here in Santa Barbara CA., I am fortunate and privileged to see some very impressive properties sitting atop some of the most amazing coastline parcels in the country. So amazing in fact, that when many of these properties would come up for sale in the past, I as a Realtor had to be ready to show them quickly since they would often entertain offers within a few weeks even with price tags exceeding $10 Million and more….well at least that was the case from 2000-2007.
2000-2007
During the boom in the real estate market, oceanfront properties here in Santa Barbara were in such demand that most often they would sell within weeks. Additionally, every several months a new price benchmark seemed to be set. Even as many of these prices at the time seemed/felt extraordinarily high, offers were still coming. Money was flowing and the affluent buyers were in search of real estate in prestigious towns such as here on Santa Barbara’s gorgeous coast.
Here are a few examples of various sales from 2002-2007:
- 1616 Shoreline Drive, Asking Price $2,695,000, Sales Price $2,375,000, Days on Market 74. Year 2002
- 3271 Padaro Lane, Asking Price $5,900,000, Sales Price $4,600,000, Days on Market 76. Year 2002
- 1000 Channel Drive, Asking Price $21,000,000, Sales Price $21,000,000, Days on Market 4, Year 2003
- 1815 Fernald Point Lane, Asking Price $4,950,000, Sales Price $4,416,000, Days on Market 1, Year 2003
- 4267 Avenue del Mar, Asking Price $12,500,000, Sales Price $15,000,000, Days on Market 27, Year 2004
- 3517 Padaro Lane, Asking Price $4,500,000, Sales Price $4,500,000, Days on Market 12, Year 2004
- 13 Seaview Drive, Asking Price $3,495,000, Sales Price $3,800,000, Days on Market 11, Year 2005
- 4347 Marina Drive, Asking Price $7,950,000, Sales Price $7,750,000, Days on Market 10, Year 2005
- 1319 Plaza Pacifica, Asking Price $2,495,000, Sales Price $2,755,000, Days on Market 9, Year 2006
- 4310 Avenue del Mar, Asking Price $6,500,000, Sales Price $6,000,000, Days on Market 18, Year 2006
- 2375 Finney Street, Asking Price $7,950,000, Sales Price $7,900,000, Days on Market 3, Year 2007
- 4025 Bajada Lane, Asking Price $15,000,000, Sales Price $15,000,000, Days on Market 63, Year 2007
2008 - March 2009
Most coastline properties from 2008 and through the early part of 2009 seemed to have experienced one or any combination of the following:
- Pricing way to high for the current market
- Sitting on the market for months on end with few showings
- Seeing major price reductions and still no offers
- Canceling the listing
During most of this time frame, both prices and overall sales of beachfront property here in Santa Barbara CA. had been hit with hard times, especially from August 2008 through March 2009. Most sellers during this time had to of been content with accepting offers much lower than the original asking price while other sellers continued sitting on the market for months while simply chasing price reductions.
Here are a few examples of various activity from 2008 through April 2009 that stand out with regards to sales price vs. asking price, price reductions and/or extended days on market:
- 685 Sand Point Road, Asking Price $12,500,000, Sales Price $7,290,000, Days on Market 325, Year 2008
- 2375 East Finney Street, Asking Price $11,500,000, Sales Price $8,000,000, Days on Market 96, Year 2008
- 3447/3445 Padaro Lane, Asking Price $9,950,000, Sales Price $6,350,000, Days on Market 265, Year 2009
- 8 Seaview Drive, Original Asking Price $5,900,000, Last Asking Price $4,950,000…canceled listing, Days on Market 328, Year 2008
The Present
Only recently in the last 6-8 weeks have we seen several decent sales along our coastline that once again seem to represent price benchmarks for our oceanfront property. New listings that are coming on at these “price benchmarks” are also once again seeing strong activity and offers. Only time will tell whether these last several weeks will represent a stabilizing of prices in this part of our luxury market.
If you are interested in learning in more detail about our oceanfront property and/or would like to see a list of current oceanfront homes on the market and/or a true market analysis please feel free to contact me. I look forward to hearing from you.
View: Current Luxury Listings $5 Million and Above
Further Reading:
- The Secret of Santa Barbara and Montecito Oceanfront Property and Estates
- Montecito California Luxury Real Estate
- Articles About Santa Barbara Oceanfront
- Santa Barbara Luxury Real Estate - Oceanfront and Beachfront
For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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Has The Santa Barbara CA. Luxury Real Estate Market Been Effected by the Financial Crisis?
Categories: Luxury Real Estate, The Oceanfront Areas
Yes…to anyone who is paying attention and knows this luxury market here in Santa 
Barbara.
For our purposes, I will refer to the the high end luxury real estate market here in the Santa Barbara CA. area as any property over the $5 million price point.
Most of our high end luxury market here in Santa Barbara CA. is found in Montecito CA, Hope Ranch CA, the foothills of Santa Barbara, anywhere directly on the water from Goleta to Carpinteria, or any type of extensive ranch / equestrian property.
Where we have been:
Since 1998, the high end luxury real estate market in Santa Barbara was on a tear, going up anywhere from 10-25% a year. A tremendous investment for anyone with the financial means. Even as the real estate market nationally started to cool in late 2006 and early 2007, the Santa Barbara market overall stayed relatively stable, with our high end luxury market continuing its pace without a blip.
In fact, as other parts of the Santa Barbara market started to finally cool and decline in value from early 2007, sales and price increases were very solid in our luxury market throughout early 2008. Finally in August 2008, when all the negative news really started to explode about the state of our economy, our luxury high end market took is first major hit in a decade.
Where we are now:
From August 2008 through April of 2009, our luxury market has seen a decrease in price from its peak of anywhere from 20-40%. In addition, activity has substantially slowed to about half as many sales when compared to the previous years.
Here is a look at some recent statistics: (as reported by the Santa Barbara MLS)
Overall, the high end market today is slower than what we have been used to in the last 8-10 years.
Right now, no one knows if we have reached a stable price point yet, but over the last several weeks there seems to be a few more pending/closed sales and price benchmarks being set. For example, just in the last 30 days we have seen 7 properties that are pending sale or that have closed escrow above the $5 Million price point.
View: Current Santa Barbara and Montecito Listings of Luxury Real Estate $5-10 Million
View: Current Santa Barbara and Montecito Listings of Luxury Real Estate $10 Million and above
Further Reading:
- The Secret of Santa Barbara and Montecito Oceanfront Property and Estates
- Montecito California Luxury Real Estate
- Articles About Santa Barbara Oceanfront
- Santa Barbara Luxury Real Estate - Oceanfront and Beachfront
For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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Things to Do in Santa Barbara, California - The Waterfront
Categories: Lifestyle / Things to Do, The Oceanfront Areas
Whether you are a local, in town visiting family and/or friends, or here on vacation in Santa Barbara, California, there is never a lack of activities and things to do in our wonderful seaside resort community. Here below is the third installment in a series of articles that point out some of Santa Barbara’s most prominent local attractions. Some of these will be cultural, some dining, some active pursuits and some I am still deciding on. This third installment will be focusing on…
Santa Barbara Waterfront:
The Waterfront runs along the coastline from Leadbetter Beach to Buttefly Beach. This scenic area is a natural fit for outdoor pursuits including walking, running, rollerblading, kitesurfing, fishing, boating etc. Most weekends there is a Sunday Arts and Crafts Show along East Beach starting at Stearns Wharf. Chase Palm Park is also a great area to explore and relax.
Andree Clark Bird Refuge - This peaceful lagoon and garden sits north of East Beach and lies adjacent to The Santa Barbara Zoo. For many it is a great starting/ending point for biking, jogging and skating. The trails and footpaths, punctuated by signs identifying native and migratory birds, skirt the lagoon.
Santa Barbara Harbor and Breakwater - Santa Barbara’s Harbor is a quaint and picturesque working harbor. Always busy with tourists and locals, it is a great place to walk, eat, purchase fresh fish and take in wonderful views of the coastline and local mountains. An institution here in Santa Barbara, Brophy Brother’s Restaurant is a fabulous place to enjoy the sea-breeze and view of The Harbor and Mountains. Today there are roughly 1200 boats in The Harbor with a decent waiting list for the larger slips.
Maritime Museum - Located in the scenic Santa Barbara Harbor, The Maritime Museum presents the region’s rich local maritime history and offers a wide range of educational programs, tours and summer camps. There is an audio-visual seagoing experience for all, a special section for children as well as a permanent exhibit showcasing Santa Barbara’s surf culture.
Stearns Wharf and Ty Warner Sea Center - An icon here in Santa Barbara, Stearns Wharf provides a fabulous ocean experience for all. While you are taking in the gorgeous local views back towards the city or out to see, you will see plenty of locals and tourists casting a line, eating at several establishments including The Harbor Restaurant, Moby Dick Restaurant and The Santa Barbara Shellfish Company, shopping or just strolling around. The Ty Warner Sea Center is situated on Stearns Wharf and is an engaging, fun and interactive marine education facility.
Santa Barbara Arts and Crafts Show - Established in 1965 by local artists, The Santa Barbara Arts and Crafts Show was inspired by the sidewalk art shows of Europe and the prestigious “Jardin del Arte” in Mexico City. Sponsored by the City Parks and Recreation Department since 1966, the show is now the only continuous, non-juried arts festival of original drawings, paintings, graphics, sculpture, crafts and photography in the world.
Santa Barbara Zoo - The Zoo is situated on 30 acres of lush gardens spread across a knoll overlooking the Pacific Ocean and our coastline here in Santa Barbara, adjacent to the Bird Refuge and East Beach. The Santa Barbara Zoo is a terrific visually entertaining spot.
Whale Watching - The rich Santa Barbara Channel offer a variety of amazing marine life that draws people from throughout the world. One of the great experiences is to take in the migrating whales that include grays, humpbacks, minke, fin, sperm and the largest on earth, the blue whales. Along the trip you are also almost guaranteed to see dolphin and porpoises jumping around the ship in true delight. Coastal trips take place from February through April, while Island whale watching trips take place from May through December.
Further Reading: Lifestyle/Things to Do Articles in Santa Barbara, California, Things to Do in Santa Barbara, California - The Downtown Area, Things to Do in Santa Barbara - The Mission District, The Oceanfront Areas, Summer Arts, Festivals and Culture in Santa Barbara CA
For information on Santa Barbara Real Estate, Montecito Real Estate and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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Heal The Ocean Here in Santa Barbara CA.
Categories: Community Events, Green Living, Lifestyle / Things to Do, The Oceanfront Areas
Looking for a great organization to get behind here locally in Santa Barbara. Heal The Ocean should be at the top of your list for too many obvious reasons to list.
What Does Heal The Ocean Do? (as taken from their website) Their philosophy is simple…The ocean can no longer be used as a dump. Heal the Ocean is doing all it can to attack all sources of ocean pollution. Their basic premise consists of lobbying the government for action on ocean-pollution issues, studying the problems themselves and recommending practical solutions.
They undertake scientific studies to identify sources of pollution - from leaking sewer pipes, offshore sewage disposal, leaking coastal landfills or septic systems. They test for viruses in the ocean, creeks and groundwater to determine if human sources of pollution are present, and what are the likely sources. In cooperation with Santa Barbara County, Heal the Ocean pioneered both the use of environmental DNA testing and virus testing in the local area.
They have been successful in commissioning numerous engineering studies and environmental assessments to determine the cost and feasibility of replacing septic systems, upgrading sewage treatment plants and installing storm-water treatment technology.
They have found that once the problem is known and cleanup costs are understood, the public is eager to move forward with cleanup, and more willing to pay the price.
Last night, I was privileged to be amongst a wonderful group of roughly 300+ people celebrating Heal The Ocean’s 10 Year Anniversary at a private Montecito Estate. Fun amongst friends for a GREAT cause was the feeling throughout the night. Special guests included an opening 40 minutes of music by our adopted part-time resident Jack Johnson and friend Zach Gill. Following this was a welcoming speech by Julia Louis Dreyfus filled with the usual comedy. Then Hillary Hauser herself, raffle drawings, awards, a film by a local 17 year old, an auction, continuous food, drink, conversation and music.
Each year this annual Fund Raising Event is held in August and does a wonderful job in bringing the local community together to support OUR OCEAN.
Further Reading: Support Turning the Tide on Ocean Pollution Here in Santa Barbara CA., Summer Art, Culture, Festivals in Santa Barbara CA., Santa Barbara Int’l Film Festival Kicks Off, The Secret of The Santa Barbara Channel Islands, Amgen Tour of California Comes to Santa Barbara Again, Your Santa Barbara Weekend Home Getaway, Santa Barbara Races Ahead on Energy Efficient Real Estate Construction Guidelines
For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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Naples Development Becoming a Reality Along the Santa Barbara Coastline?
Categories: Luxury Real Estate, Real Estate News, The Oceanfront Areas
After years and years of heated talks and debates, Orange County Developer, Matt Osgood, had his vision of the historic Naples Property approved by the Santa Barbara County Planning Commission this week.
The outline of the plan calls for and equestrian center, several other “structures” and the alocated 72 spots for large luxury “mansion type” multi-million dollar homes stretching along the Santa Barbara Coastline from the coastal bluffs up to the local foothills.
The project still needs to go through the California Coastal Commission (especially for the bluff top homes) as well as seek approval from the Board of Supervisors, scheduled for October 7th. “We are not in the end zone or winning the World Series just yet” said Osgood, “but it feels good- really good.”
View: Related Naples Stories from the Santa Barbara Independent
View: Map of Naples Area
Further Reading: The Secret of Santa Barbara and Montecito CA Oceanfront Estates, Articles About Santa Barbara Oceanfront, The Luxury of Santa Barbara and Montecito Oceanfront Real Estate, Concerns Rise Again About the Proposed Development on The Miramar Hotel in Montecito CA., Santa Barbara Luxury Real Estate - Oceanfront and Beachfront
For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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Any Decision on The Miramar Project in Montecito CA? Update August 4, 2008
Categories: Montecito, Real Estate News, The Oceanfront Areas
Despite a marathon meeting last week, no decision has been made on the hottest topic in Montecito Real Estate…Will Mr. Caruso have his proposed plan for The Miramar project be approved. For a complete story, Chris Meagher from The Independent, has the latest update and information on where the project stands.
Further Reading: Real Estate Market Update for Montecito CA - First 6 Months 2008, Concerns Rise Again About the Proposed Development of the Miramar Hotel in Montecito CA., The Secret of Santa Barbara and Montecito Oceanfront Property and Estates
View: Map of Miramar Hotel
For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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Concerns Arise Again About The Proposed Development of The Miramar Hotel in Montecito CA.
Categories: Montecito, Real Estate News, The Oceanfront Areas
First it was Ian Schrager, the big city boutique hotelier…
Next it was local billionaire Ty Warner, the famous toy maker and hotelier…
And now developer Rick Caruso is learning first hand about the long path it will take to please all sides for a proposed development to “revamp” The Miramar Hotel located on the beach in Montecito CA.
From the start in 2006 when Mr. Caruso purchased the property from Ty Warner, he has pleased many residents and the city by holding open forums and meetings with community members regarding the development plans for The Miramar Hotel. The problem is, that to date it simply seems too hard to please everyone while also leading a profit turning adventure for Caruso Affiliated. Ben Preston, from The Independent writes a great article updating the latest concerns and news about the project being proposed.
Time is the only guarantee that we know will happen and it continues to look like any development for The Miramar Hotel will need plenty of time. The one thing that seems to be agreed upon is that everyone wants the project to happen…it is just how and on what terms.
Further Reading: Any Decisions on The Miramar Project - August 2008, The Luxury of Santa Barbara and Montecito Oceanfront Real Estate, The Secret of Santa Barbara and Montecito CA Oceanfront Property and Estates, Montecito CA Beach Property in High Demand, Looking for a Qualified and Ethical Real Estate Agent in Santa Barbara CA?
View: Map of Miramar Hotel
For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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Will Santa Barbara’s Beloved Rincon Point Real Estate Switch to Sewer in the Near Future?
Categories: Carpinteria, Real Estate News, The Oceanfront Areas
Nearing 10 years of at times rather heated controversy, the debate to switch from Septic to Sewer at Rincon Point has taken a large step to becoming a reality. Rincon Point is home to one of the best waves in all of California and definitely stirs up emotions for many when talking about the health of the ocean. Ethan Stewart, from The Independent, has written a very informative article about the latest up to date developments.
For many, Rincon is the pride and joy when it comes to the ocean for many locals both here in Santa Barbara and in Ventura. A laid back small beach enclave for many years, Rincon Point has seen its real estate values increase in the last few years to an average of $5-8 Million for ocean front property.
View Current List of Active Beachfront Homes for Sale. If you would like further specific information about beach front communities or beachfront real estate, please let me know.
View: Map of Rincon Area
Further Reading: Heal The Ocean Here in Santa Barbara CA., Naples Development Becoming a Reality Along the Santa Barbara Coastline, The Secret of Santa Barbara and Montecito Oceanfront Property and Estates
For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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The Secret of Santa Barbara and Montecito CA Oceanfront Property and Estates
Categories: Luxury Real Estate, The Oceanfront Areas
The American Riviera…or the California Gold Coast…
Many seductive names have been used and are used to describe the coastal area here in the Santa Barbara and Montecito CA area. If you spend some time strolling the beaches and admiring the lucky few who live along the oceanfront, you will understand why many feel this area is one of the most desirable and sought after places to live and own real estate.
Below is a descriptive list of the main beaches and the real estate values in these areas, stretching from Carpinteria in the south, to Montecito and Santa Barbara and finally out to Goleta in the north.
Carpinteria Beach is a long stretch of beautiful sand and is nicknamed the “Worlds Safest Beach”, probably because of the lack of strong waves and current. It is generally considered a great family beach. There are two main high-end areas of real estate along this stretch of beach on the Carpinteria coastline called Sandyland Cove and Sand Point. Home values here range from $5 Million to $30 Million on average. Additionally, there are scattered townhomes and pockets of a few individual homes generally ranging in value from $2 Million to $10 Million on average.
Padaro Lane is nestled into a gorgeous picturesque cove. This is a rather private and exclusive sandy cove where half of the oceanfront homes poor out onto the sand while the other half sit atop a cliff-band between 20-80 feet high. Most of the real estate here is very private, high-end and exclusive feeling. Padaro cove sits in between Carpinteria and Montecito with estate values ranging from $3 Million to $35 Million on average.
Summerland Beach is a very safe family oriented beach with only a small handful of homes available. Most sit atop a cliff-band of around 30 feet above the beach. Summerland Beach sits just south of Montecito with home values ranging from $6 Million to $12 Million on average.
Fernald Point is an area of exclusive oceanfront homes. Located in Montecito, most of these oceanfront homes are set back off the sand with larger lots giving owners a true sense of privacy on the beach. Home values range from $6 Million to $40 Million on average.
Miramar Beach is located in the heart Montecito and for many locals is considered Montecito’s beach. Most of the homes are small beach cottages right on the sand with a few larger estates. Home values range from $3 Million to $8 Million on average.
Hammonds Beach offers exclusive oceanfront Estate homes in Montecito as well as a few gated communities with single family homes and townhomes. Home values range from $4 Million to $30 Million on average while townhomes range from $1.5 Million to $6 Million on average.
Butterfly Beach is also located in Montecito and faces more west. Here at the end of the day you will find many people lining the wall or strolling along the beach watching the sunset. This beach is directly in front of The Biltmore Hotel and next to the Coral Casino. Home values range from $8 Million to $30 Million on average.
East Beach is for many the main beach in Santa Barbara. This long stretch of sand starts at the end of Butterfly Beach and continues to Stern’s Wharf. Here you will find many people riding bikes, playing volleyball, jogging or relaxing. The East Beach area is within walking distance to many restaurants & shopping. Along the East Beach area there is a selection of townhomes and some single family homes set a block or 2 away. Home values range from $600,000 to $2 Million on average.
West Beach is also in the heart of Santa Barbara is a continuation of East Beach between Stern’s Wharf and The Harbor. Here you can enjoy viewing boats and the harbor life or take your own trip out to the local Channel Islands via Condor Cruises. The main real estate along the West Beach area is restaurants and hotels, although there are a few condo/townhomes and duplexes/triplexes within 1-3 blocks of the oceanfront. Real estate values for these properties range from $1 Million to $ 3 Million on average.
Leadbetter Beach is also located in the heart of Santa Barbara and offers dining, access to The Harbor area and water activities. It is located between Shoreline Park & The Harbor. This is a gorgeous area and yet has some of the most affordable real estate along the oceanfront. Most real estate starts at around $1 Million and can go up to $5 Million in this area on average.
Hendry’s Beach (the pit) is officially named Arroyo Burro Beach. It is nestled into a relatively small cove, but has access to long walks below the cliffs. Here you will find many people watching the sunset, walking their dogs or eating at the restaurant located virtually on the sand. Atop the cliffs near Hendry’s Beach you will find homes values ranging from $2 Million to $20 Million on average.
Hope Ranch Beach is a “private beach” with access through a gated entrance given to all residents of the Hope Ranch area. The beach can be accessed via other beaches so it is not too private. Hope Ranch Beach offers cabanas, bathrooms, showers, a snack shop, and kayak storage. Most all the real estate that lines this area sits atop a 50-75 foot cliff and is lined with large estates with values ranging from $4 Million to $50 Million on average.
Goleta Beach is a safe beach offering a restaurant, picnic areas and fishing from the pier. Goleta Beach then carries onto Campus Point and the beaches up to Sand’s, Naples and beyond. There is no residential real estate in this area along the beach accept for the student areas near UC Santa Barbara.
View: Current Sample of Oceanfront Property for Sale
Further Reading: The Luxury of Santa Barbara and Montecito Oceanfront Real Estate, The Luxury of Santa Barbara and Montecito Oceanfront, Santa Barbara Luxury Property Sales Continue to Set Records Year After Year, The New Expansion of Luxury Townhomes and Condos in Santa Barbara
Search: Properties in Santa Barbara, Montecito and Surrounding Areas
Receive: Personal Listings and Updates of Santa Barbara Oceanfront Properties
View: Map of Santa Barbara Area
For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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The Luxury of Santa Barbara and Montecito Oceanfront Real Estate
Categories: Luxury Real Estate, The Oceanfront Areas
Santa Barbara - The Oceanfront
The oceanfront along the Santa Barbara coastline is referred to as roughly the 20 miles that stretch from Goleta and Santa Barbara to Montecito and Carpinteria. This entire coastline is blessed with some of the world’s most scenic, clean and safe beaches, as well as some of the most spectacular estate sites. As a surprise to many, most of our coast and beaches in Santa Barbara face south/southwest as opposed to direct west, as most of the California beaches do. This more south facing orientation along with the Santa Ynez coastal mountain range as a backdrop allows the Santa Barbara coastline to enjoy wonderful temperate weather year round. Average winter temperatures fluctuate mostly between 55 and 68 degrees with summer temperatures fluctuating between 60 and 80 degrees. The average temperature in Santa Barbara seems to often be set at around 68-72 degrees.
With the constant high demand for oceanfront homes, there is limited inventory of true oceanfront homes available for sale at any given time. This along with the natural beauty of our coast has lead to large appreciations in the value of any oceanfront homes in the Santa Barbara area. Most true oceanfront homes start around $4-5 million and can go up to $40 Million. In many of the coastal areas you can also still find homes with values ranging from $ 1 Million to $5 Million that sit only a block or 2 off the beach.
Further Reading: The Secret of Santa Barbara and Montecito CA Oceanfront Property and Estates, The Secret of Santa Barbara and Montecito Oceanfront Property and Estates, Santa Barbara Luxury Property Sales Continue to Set Records Year After Year, The New Expansion of Luxury Townhomes and Condos in Santa Barbara, Looking for a Qualified and Ethical Real Estate Agent in Santa Barbara CA?, Montecito California Luxury Real Estate
View: Montecito and Santa Barbara Luxury Real Estate
Search: Properties in Santa Barbara, Montecito and Surrounding Areas
Receive: Personal Listings and Updates of Santa Barbara Oceanfront Properties
View: Map of Santa Barbara Area, Map of Montecito
For information on Real Estate here in Santa Barbara, Montecito and/or our surrounding areas, as well as any other aspects of life in our area, please don’t hesitate to contact Kevin Schmidtchen at Sotheby’s Int’l Realty.
Thank you for reading. I hope you find Santa Barbara Real Estate Voice informative. Please feel free to contact me or comment below with any thoughts.
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