Spacious View Home - SOLD in 3 Days
This spacious home in the acclaimed Roosevelt School District has it all at the right price - - three bedrooms and two baths upstairs, one bedroom and bath downstairs with separate entrance, an open living room with vaulted ceiling and French doors leading to a patio and manicured rear yard, a roomy kitchen, a large family/media room with deck and ocean views, an attached two-car garage, and loads of potential! The only thing missing is your personal touch. An incredible buying opportunity!
Offered at $879,000
For more photos and information, please visit: www.2692montroseplace.com
First Sale in Tea Fire Burn Area
After months of due diligence, escrow closed recently on what we believe is the first sale of property affected by the 2008 Tea Fire. 271 E. Mountain Drive - 2 flat, ocean view acres in the Cold Springs School District - changed hands for $1 million. The Buyers, whom we represented in the transaction, purchased the property with a partially burned structure. They intend to save a portion of the adobe home if possible and rebuild over the coming months. If you have any questions about this unique transaction, please contact Kelly @ 895-4406.
Santa Barbara Real Estate Statistics for March 2009
There are three documents this month:
South County Sales - YTD Through March
South County Sales - Broken out by Address and Area
If you have any questions about the data you see, or need further assistance in this area, please contact Michael Day - 805.451.4433
Property Pick of the Week - 111 Arroqui Street
This George Washington Smith home in Montecito has officially become a best buy. It is 8000 sq. ft. with 7 bedrooms and 7 baths on a gated, manicured 1.6 acres. The home has been elegantly and painstakingly restored. It is now being offered at $3,995,000 after a $1,045,000 price reduction this weekend. If you would like more information regarding this property, or other Montecito or Santa Barbara best buys, please contact Michael Day (805.451.4433) or Kelly Knight (805.895.4406).
Conforming Loan Limit Increased to $729,750!
After months of waiting and anticipation, a new “jumbo” conforming loan limit for Santa Barbara County has been announced: $729,750.00. In the recent past, conforming loan product had been limited to $603,750.00. For borrows hoping to take advantage of the Buyer’s Market, the new, increased limit will make it easier, and cheaper, for many people to attain their goal of homeownership.
If you would like to speak with a reputable lender, please contact us and we would be happy to refer you to several that we work with frequently. If you have questions about how the increased conforming loan limit can help you purchase a new house, call us for a confidential consultation.
Kelly - 805.895.4406, Mike 805.451.44433
Upper East Craftsman - Newly Offered at $2,950,000
Rich in period details, this beautifully restored Bay Craftsman with an English Country flair reflects pride of ownership at every turn. Built circa 1909 by the noted local architect Jose Luis Curletti, this impeccable home seamlessly merges grand, formal spaces with more casual family living.
As you approach the home, you are welcomed by a stately front porch with a tiled entry. Large bay windows grace each end of the house. The front and side yards burst with color while mature trees provide ample afternoon shade.
The elegant center hall foyer, which opens to the rear patio and private garden, is light and inviting. The oak floors, displaying the coveted “tiger stripe” detail, gleam in the sun. The formal living and dining rooms, placed at either end of the foyer, are anchored by original cut stone fireplaces and matching bay window seats. [Read more]
Property Pick of the Week - 2255 Las Tunas
2255 Las Tunas is listed at $1,095,000 on a prestigous Upper Riveria street where the house accross the street recently closed at $3.4 million and the house two doors away closed at $2.45 million. If you believe in the tried and true real estate adage that you always want to buy the least expensive house on the nicest street, then this property is for you. The house itself is 3 bedrooms and 2 baths with a square footage of 1704 (per county tax records). It is conviently located a few house up from Marymount School, and is a quick drive to downtown Santa Barbara.
Property Pick of the Week - 1525 Las Canoas IN ESCROW
1525 Las Canoas is a lot of house for the money: There is a 4 bedroom 3.5 bath main house, with a 1 bedroom, 1 bath guest house as well as a seperate office. The lot is 1.33 acres with a gated private drive and plenty of space for animals, kids, a garden, fruit trees etc. This section of Las Canoas is accessed from West Mountain Drive, and is an easy 3-4 minute drive from the Mission, Roosevelt School, Marymount and the Tennis Club of Santa Barbara. You are also a few minutes walk from Parma Park, ideal for hiking, walking your dog, or just sitting and watching the paragliders ride the thermals…
Offer Price is &1,895,000
Amazing Value in Santa Barbara Foothills - 1172 Palomino - SOLD
1172 Palomino Road is, in my opinion, the best value currently available in Santa Barbara. The house, at 2,320 sq ft with 4 bedrooms with 3 baths, is spacious, light and bright. Amazingly, based on the $1,195,000 this comes in at just over 500 dollars a square foot. This is getting very close to replacement costs, without factoring in the amazing location and views that the property offers: There are very, very few home sites in Santa Barbara that have these kind of panoramic, dropdead ocean and island views. To see what I am talking about, please click the link below for photos.
Listed at $1,195,000, you will be hard pressed to find a better value. For photographs and details, click here.
Property Pick of the Week - 4640 Via Orquidia IN ESCROW
It is rare to find a property that is as well built as 4640 Via Orduidia. Built by an area contractor for himself and his family, this 4 bedroom 3.5 bath home in Rancho San Antonio and the Mountain View school area has it all: location, an open floor plan, views of the ocean, and top notch quality throughout. If you are interested in seeing this home, please contact Kelly or Mike and we will set up a showing. (Kelly - 805.895.4406, Mike 805.451.4466)