“Fire, Ice, Covid; Harry and Meghan, Oprah, Gwyneth: These Are Some Butinly Not All of the Factors Driving Montecito Real Estate Into the Stratosphere. The Post-Pandemic Influx of Celebrities and Royals, As Well As Local Restaurant Openings that Look More Like Red Carpet Events, Have Catapulted The Small, Unincorporated Town.”, – WRITE: www.hollywoodReporter.com
The Post-Pandemic Influx of Celebrities and Royals, As Well As Local Restaurant Openings that Look More Like Red Carpet Events Estate Stratosphere, While Much of Southern California Stagnates. Through the end of may, Closed Sales Are Up 31 Percent Compared to the Same Period in 2024, accounting to Riskin Partners Estate Group.
Even More Staggering: Since 2019, The Median Price for a Montecito Home Has Increated by 80 Percent, Accounting To Zillow. Take Meg Ryan’s 2-Akre Compound on Picacho Lane: Purchased by Ryan in 2020 for A Reported $ 5.4 Million, The Home Is Currently Listed for $ 19.5 Million.
Craig Barritt/Getty Images for Time
And While A-Listers May Be Bringing Unwanted At the Overring Montecito AESTETIC: More Beekeeping, Less Binging. Designers like mereduth still and kari Ivanitsky of the meredith Project Routinely Work with Homeowners Looking to CAPTURE THE AREA’S LOW-CEY, HIGH-EED LOOK Behind the Casual Linen Slipcovers and Open Sheering Is A Rigoroous Attmentation to Detail, ”Says Still, Who Recounts Recent Projects That Include Everything Refrigated Pantries. “HERE HOMES ARE LIKE A NANCY MEYERS MOVIE, BUT IN REAL LIFE.”
For Josiah Hamilton, A Local Resident and Real Estate Agent, The True Draw to the Enclave Is Less Celebrity and More ToPography: “Santa Barbara Is The Longst Stretch of South-Facing. Means The Sun Rise on the Left Side and Sets on Right.
This Story Appeared in the June 18 Issue of the Hollywood Reporter Magazine. Click Here to Subscribe.
Subscribe Sign Up