Westmont College Expansion Approved in Montecito, CA.
January 22nd, 2008 Categories: Montecito, School Information
Westmont College, located in high-end residential area of Montecito, CA., won a ruling in Superior Court on Tuesday, December 18th, 2007 to allow the expansion of its master plan. In the first stage, the plan calls for 165,000 sqft. of new building starting with The Adams Center for the visual arts, The Winter Hall for science and mathematics, a residence hall and a chapel. Over the coming 20 years, current plans call for an additional 200,000 sqft. of building. Construction of the first stage is scheduled to start in November 2008. Scott Craig, spokesman for the Westmont College said, “I think this is a huge victory for students in future years. It will allow them to live in residential halls comparable to other liberal arts colleges and will enhance their learning experiences.”
Since the plan was made public, there has been much objection in the small town of Montecito, home to some of the highest priced residential real estate in the country. Many Montecito locals contend that the scale of the building is not aligned with the “harmony and balance” of Montecito as a neighborhood. Many locals biggest complaints are about what this level of construction over the coming years will do to traffic flow on the small Montecito streets.
Further Reading: Home School Options for Santa Barbara Families, Healthier Food Coming to Santa Barbara Area Schools, Search the Santa Barbara, Goleta, Montecito MLS for Free
View: Map of Westmont College
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.
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Santa Barbara Real Estate Market Update for the Montecito Real Estate Area - Overall Yearly Sales Statistics for 2007
January 20th, 2008 Categories: Market Statistics / Updates, Montecito
Santa Barbara Real Estate for the Montecito area for January 1, 2007 - December 31st, 2007.
I have summarized below an easy to look at brief outline of the overall statistics for the Santa Barbara Real Estate market for the Montecito area:
- The total number of single family homes sold was 191. Overall the average sales price in 2007 was at $3,690,095. The average days on the market were 113 in 2007.
- The total number of condos / townhomes sold was 29. Overall the average sales price in 2007 was at $1,658,448. The average days on the market were 115 in 2007.
- The total number of PUDs sold was 1. Overall the average sales price in 2007 was at $2,325,000. The average days on the market were 150 in 2007.
The highest reported sale in the Montecito area was on Ashley for $20 Million. The lowest reported sale in the Montecito area was $720,000.
These numbers were broken down into sales for single family homes, condos / townhomes and PUDs (Planned Unit Developments). Please feel free to contact me with any questions that you may have about these statistics, the specific Santa Barbara areas or the market in general for the Santa Barbara Real Estate area.
View: All Market Statistics
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.
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Ellen DeGeneres Sells Montecito Estate for $20 Million.
January 15th, 2008 Categories: Montecito, Real Estate News
After purchasing her Montecito estate just over 1 year ago for $15.75 Million, Ellen Degeneres is on the move. A buyer has closed on her property in November 2007 for a reported $20,000,000. The beautiful George Washington Smith Mediterranean-style Montecito estate was built in 1926 by George Washington Smith, a famous architect that has designed several outstanding homes in Santa Barbara and Montecito CA. The estate had been thoroughly renovated in 2004 and consists of a four-bedroom main house including a 1,300 sq. ft. master suite, a wine cellar, a billiards room, a library, and an office. The 4-acre estate also includes a guesthouse, a studio, tennis court, a pool and spa. Gorgeous gardens and patio areas line the entire property.
View: Map of Montecito Area
Learn: About 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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