Exciting new price! Located in a prime area of town, on one of Montecito's finest streets, this chic and charming home is a private, secluded residence on three acres, allowing for expansion, or new guest quarters. Originally built at the site of a reservoir, the superbly crafted stone courtyard marries the past with the present. The home has been extensively and impeccably renovated and combines both Mediterranean and modern styles. Flooded with an abundance of natural light with French doors from most rooms, the versatile floor plan offers 2 or 3 bedrooms, an office, sitting room, living and dining areas, kitchen, wine storage and 3 bathrooms. The outside entertaining area features a pool, hot tub, fireplace, multiple trellises and seating areas, all enclosed in gorgeous stone walls. Replete with a wine storage room, gated driveway, and a two-car garage. Take full advantage of Montecito's famous indoor-outdoor living in this unique and desirable property, and enjoy the close proximity to the San Ysidro Ranch, Hot Springs hiking trails, Montecito's upper and lower villages, which both feature great restaurants and wonderful boutique shops.
The median home value in Montecito, CA is $6,550,000. This is higher than the county median home value of $583,100. The national median home value is $219,700. The average price of homes sold in Montecito, CA is $6,550,000. Approximately 56.82% of Montecito homes are owned, compared to 17.6% rented, while 25.58% are vacant. Montecito real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Montecito real estate agent to arrange a tour today!
Montecito, California has a population of 8,984. Montecito is less family-centric than the surrounding county with 30.72% of the households containing married families with children. The county average for households married with children is 34.88%.
The median household income in Montecito, California is $146,250. The median household income for the surrounding county is $68,023 compared to the national median of $57,652. The median age of people living in Montecito is 49.5 years.
The average high temperature in July is 74.7 degrees, with an average low temperature in January of 46.4 degrees. The average rainfall is approximately 20.9 inches per year, with 0 inches of snow per year.