The Montecito real estate market is heating up yet again, and when that happens, timing is everything. Take 1116 Hill Road, just behind Channel Drive and Butterfly Beach. The 1958 house, available for the first time in over 40 years, was first listed at $4.295 million. Ryan Malmsten of Santa Barbara Brokers encouraged his clients to wait for the price to drop, at which point they pounced, picking it up for $3.81 million, $113,000 less than the most recent asking price.
Ryan also represented the buyer of 1363 Plaza Pacifica in the Bonnymede community. Right on the ocean with a front-row, widescreen view of the Pacific, it’s the kind of property that doesn’t come around very often—which means there was certain to be a lot of interest. “The listing agent and I started putting a deal together before it even officially hit the market,” he says. His client scored it for $4.25 million.
And he’s currently representing 888 Lilac Drive, an iconic, 13,599-square-foot Montecito estate with vast ocean views, flat grounds, luxe amenities, and incredible design ($29,995,000).
Whatever your real estate intentions, Ryan Malmsten can help. Contact him at 805-444-7926 or [email protected].
················
Sponsored by Ryan Malmsten of Santa Barbara Brokers (DRE# 01937743).
Recent Comments
I find the architecture and hardscaping very boring. It looks like it belongs in LA or Orange County. Why can’t we keep more of the… — Lisa Champion
Saturday Fisherman's Market on the pier (by Brophys), every Saturday 6-11a. Meet your fishermen and get the freshest local seafood available, sooo good! — Mac
While I sympathize with the Padaro homeowners there are two noteworthy reasons to remove the majority of the trees and add the additional mile of… — Dennis Houghton
I think those Padero Lane residents would be concerned about the loss of trees which currently largely block the view of the freeway and reduce… — SeaKanda
Agree! — Christine
Many of these people who whine and cry about not enough housing are the same ones who bitch about losing trees in turn for improved… — Tomás
This is a disappointing take from the author. The railroad right of way, where this work will occur is where the railroad has a right… — NL
That’s a great list and going to check out the train museum with my 5 year old grandson. I would also add the natural history… — AFC
You don't need a kid to go to the Sea Center - it's fun and informative, and will bring out the kid in any adult. — Sarita
I’d like to get this as a tattoo. Or maybe a billboard. Probably a billboard. Bravo, regardless. “ You should remember that where you’re sitting… — Andy