Source: SuzannePerkins | Listed by Suzanne Perkins of Sotheby’s International
Montecito is known for being home to the county’s most famous residents, understandably. This town has a laid-back charm unlike any other. Locals and visitors alike can wander Coast Village Road, Upper Village, and the most stunning, Butterfly Beach. Go for a scenic drive or bike ride along the tree-lined streets, and do what the locals do: hang out on a sun-kissed patio and read the Montecito Journal. Amongst many other stand-out qualities, this town doesn’t fall short when it comes to the Real Estate. From California cottages to opulent estates, there’s something everyone can dream about.
On the current market, the median sales price in Montecito is $3.7 Million dollars, down from last years $4.3 million dollars.
However, there is a once-in-a-lifetime opportunity that sits secluded at the top of East Valley Road that sets an all time record high for sales prices in the entire county offered at $125 million dollars. 12 bedrooms, 13 bathrooms on 237 acres.
“The magnificent Rancho San Carlos, a 237-acre estate property that for nearly 100 years has been under the ownership of one family. A once-in-a-lifetime opportunity to acquire a unique property of unprecedented grand scale, exceptional architecture, and prestigious historical significance. The sprawling hilltop Monterey Colonial manor was designed by noted architect Reginald Johnson in 1931 with an approx. 29,483 sq. ft. exquisite main residence comprised of over thirty rooms. Infused with an atmosphere of sophistication and refinement, the grand home is astutely sited on two natural terraces, and by planning the formal living rooms around a central courtyard and placing the Master and family bedroom wings on the upper terrace, he effectively created a spatial separation that afforded privacy, calm, and exceptional views. Additional features include 10 residential cottages, an office, producing orchards, and extensive equestrian facilities.”
— Suzanne Perkins
