Looking for a Good Investment?

If you are looking for an attractive residential income property or a duplex that is well-suited for owner use, 2526 Banner Avenue in Summerland may be the answer.  Situated at the far east end of the street with jaw-dropping ocean and island views, this duplex features two units, each with 2 bedrooms and 1.5 baths.  Other features include vaulted ceiling, fireplace, view deck, laundry hook-up and a 2-car garage under each unit.  The property is currently renting out at $4,400/mo. ($2,200 per unit).  This is an estate sale and should attract a good deal of interest.  Listed at $849,000.

If you are interested in viewing this property or other residential income properties, please give Kelly a call at 805.895.4406.

Santa Barbara Real Estate Statistics for September 2009

Here is the CORT Report document for September 2009:

South County Sales Summary – Includes Year to Date

If you have any questions about the data you see, or need further assistance in this area, please contact Kelly Knight – 805.895.4406

Montecito Foreclosure

This is one of those “Oh Wow” listings: 2225 Featherhill Road, listed for sale at $2.55 million. The home includes 3 bedrooms, 3 baths (approx. 3,000 sq.ft.), a detached 3-car garage, and is set on 1.62 flat acres in the Montecito Union attendance area. Before becoming bank-owned, the property was local developer John Blankenship’s family residence. We expect this offering will attract a good deal of interest.

If you would like further information about this property, please contact Kelly Knight at 805.895.4406.

Santa Barbara Symphony Gathering

Kelly Knight and Michael Day attended a beautiful garden party Sunday afternoon hosted by Bill Calise and his wife Kathryn at their lovely Park Lane home in Montecito. The gathering was to honor the work of the Santa Barbara Symphony Board of Directors and the Symphony’s incredible Music Director, Nir Kabaretti, as we launch the 2009-2010 season. If you would like more information about the Symphony, please give Kelly a call at 805.895.4406.

Best Buy – In Escrow

Realtors love to share information, and we have been told that a wonderful buying opportunity will be introduced to the market shortly.  The offering will include a 1950’s ranch home in original condition set on approx. 1.6 acres in the Yankee Farm area adjacent to Hope Ranch.  The home boasts about 2,000 sq.ft. and consists of 3 bedrooms and 3 baths.  Priced at $1,175,000, this offering should attract a lot of attention.  If you would like to receive more information about this property, please contact Kelly at 805.895.4406.

Updated:  This property went into escrow quickly after hitting the MLS and is currently pending.

Resort Style Living at Shadow Hills

I am pleased to announce my new listing at Shadow Hills: a luxury, resort style adult community in the Santa Barbara foothills. Situated on approximately 30 manicured acres, Shadow Hills features the best of Santa Barbara’s Mediterranean/Contemporary architecture combined with unsurpassed privacy and resort-grade amenities.

This luxury, south-east facing condominium boasts approximately 1,700 sq.ft., and includes two bedrooms and two baths. Featuring spacious rooms and high ceilings, it has been tastefully updated with Italian Travertine stone in the entry and baths, plush wool carpet, and a remodeled kitchen with stainless appliances and rich granite counters. Two patios overlook lush, colorful landscaping, while a fireplace adds warmth to the living room – - the effect is soothing to the senses yet invigorating to the soul. [Read more]

Santa Barbara Real Estate Statistics for August 2009

Here are the CORT Report documents for August 2009:

South County Sales Summary – Includes Year to Date

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

Santa Barbara Real Estate Statistics for July 2009

Here are the CORT Report documents for July 2009:

South County Sales Summary – Includes Year to Date

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