Santa Barbara CA Beach Property in High Demand
The demand for beach property, beach homes and beach estates along the Santa Barbara CA coastline in the last several years has been extremely strong. We have seen some amazing price points established in the very high end market, with the highest reported sale in the last year being $15 Million for a 4 bedroom, 4.5 bath newly built home on the bluff on Bajada Lane. Conversely, the lowest reported sale was $605,000 for a 1 bedroom condo in the desirable El Escorial complex near the Fess Parker's Doubletree Resort. I have summarized below an easy to look at brief outline of the overall statistics for Santa Barbara beach property for 2007.
- The total number of single family homes sold that were reported to the MLS was 34. Overall the prices ranged from $925,000 to $15 Million. Currently there are 11 active single family beach homes in the MLS for sale and 0 pending sale.
- The total number of condominiums and/or townhomes sold that were reported to the MLS was 18. Overall the prices ranged from $605,000 to $1.6 Million. Currently there are 8 active beach condos or townhomes in the MLS for sale and 1 pending sale.
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 Berkshire Hathaway.
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