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Mapping Santa Barbara’s Most Desirable Neighborhoods For Real Estate

by Index Investing News
August 28, 2022
in Property
Reading Time: 9 mins read
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Those who say it is more difficult to choose between two rights than two wrongs are correct—just look at the real estate market of Santa Barbara. The dramatic landscape of beaches, bluffs and hills stretches across the central coastal city, and impressive properties line many of its sought-after streets, making the decision of choosing one over the other a challenging task.

Thankfully, a few key differences can help make the decision a little easier. Dina Landi, a managing partner for Riskin Partners Estates Group of Village Properties, says that regardless of which seaside enclave you choose, you’re sure to find one common amenity: bliss.

A feeling of general happiness is one way to describe the vibe in Santa Barbara, according to … [+] top-producing agent Dina Landi of the Riskin Partners Estates Group.

Village Properties

“Wherever you end up, you’re sure to find a general happiness throughout Santa Barbara,” says Landi. “And it becomes contagious. You won’t help but feel happy, too.”

To get a better feel for Santa Barbara’s many beautiful pockets, I asked Landi to share some of the coastal area’s most popular locations for real estate. Read on to find out what sets these exclusive neighborhoods apart:


MORE FROM FORBES$3.7-Million Modern Showplace In Summerland Revels In The California CoastlineBy Lauren Beale

The Mesa area of Santa Barbara, California. Because of its close proximity to Southern California … [+] and Los Angeles population centers, and it’s mild Mediterranean climate, the coastal city of Santa Barbara has become a popular weekend getaway destination for millions of tourists each year.

Getty Images

The Mesa

Located on an elevated seat directly above the sea, the Mesa comprises East, West and Alta Mesa, stretching from roughly the Pacific Coast Highway to the sea. The area encompasses roughly four miles of south-facing coast as well as a number of parks including the Arroyo Burro Beach County Park and Shoreline Park. “The neighborhood has beautiful beaches, it has parks and hiking trails and it’s all right by Downtown. It has a little bit of everything you could want living in Santa Barbara,” says Landi.

It’s not just shingled cottages and bungalows by the beach. Today’s standard of Santa Barbara living … [+] includes the latest in design and amenities.

Village Properties

Much of the neighborhood’s energetic, yet casual character derives from the streets of post-war, tract-style homes that overlook the sea. Other popular seaside styles like shingled cottages, single-family, Mediterranean homes and modern beach mansions are other options often found on the market.

Homes in the Shoreline area area are coveted for the bluff-front locations overlooking the ocean.

Village Properties

With a wide variety of housing options, the Mesa attracts homeowners in all stages of life, from college students attending Santa Barbara City College to young professionals to retirees looking to remain active.

MORE FROM FORBESCalifornia Coastal Living Is A Breeze At Brand New $14.8 Million Estate In MontecitoBy Lauren Beale

A view of Santa Barbara Riviera.

getty

The Riviera

Reminiscent of the southern coast of France, this perched neighborhood rests at the hills just north of Downtown Santa Barbara. With a backdrop of the Santa Ynez Mountains and boasting some of the most scenic ocean vistas along the California coast, the Riviera is a market dependent on views.

The view from 1777 Las Tunas Road in the coveted Upper Riviera ridge-top area of Santa Barbara.

Village Properties

North and south-facing homes on the area’s upper section make up the most desirable properties while listings with obstructed views come in at more affordable rates. In addition, higher positioned properties are also awarded larger lots and less density than those found in the lower section.

In many cases, higher positioned properties generally come with larger lots.

Village Properties

Across all elevations, the area is known for well-attended to homes, including a number of 20th-century Italian and Spanish-style abodes, complete with stone terraces and sometimes pools. While the neighborhood is up in the hills, the art and culture of downtown are a short distance away.

MORE FROM FORBESNature Dictates Design At A $20-Million Mansion On The Santa Barbara CoastBy Lauren Beale

For some of Santa Barbara’s most distinguished digs and residents, head to quiet and comfortable … [+] Montecito.

Village Properties

Montecito

Though not an official neighborhood of Santa Barbara but rather an unincorporated town, Montecito is sometimes indistinguishable from and often associated with the city to the west. No significant physical boundaries separate the two; instead, the shift from Santa Barbara to Montecito is based more on prestige.

Multimillion-dollar homes dot the hillside in the wealthy enclave. According to Village Properties, … [+] the average sales price year-to-date (as of June) of a single-family home in Montecito is roughly $7.17 million.

getty

Known for its concentration of celebrity homeowners, including Oprah, Jeff Bridges, Rob Lowe and Katy Perry, to name a few, this affluent seaside community is home to some of the most expensive and sought-after real estate in the world. That being said, Montecito is far more low-key than its famous residents and high price tags might imply.

The living room inside a Montecito mansion for sale. The 13,599-square-foot home is listed for $33.5 … [+] million.

Village Properties

Much of the area’s draw is due to the serenity afforded by seclusion and lack of commercial activity. Pair that with stunning ocean views and stylish homes all in a Mediterranean climate and you start to understand why people pay a pretty penny to live there. According to the latest Santa Barbara Area Market Report from Village Properties, the average sales price in June was an eye-popping $7,170,519, an average trumped only by Hope Ranch.

MORE FROM FORBESNoted Architect’s Legacy Lives On At $7-Million Home In Santa BarbaraBy Lauren Beale

The Hope Ranch neighborhood of Santa Barbara is known for its privacy, community and … [+] space—particularly for horses. This turn-key Spanish estate sits on more than two fenced and gated acres.

Village Properties

Hope Ranch

Like Montecito, Hope Ranch is not a part of Santa Barbara proper; however, the lines are easier to distinguish thanks to metal arches that mark the entrance to this private community. True to its name, Hope Ranch has a more rural feel than Santa Barbara and is known for its dedicated equestrian community—the neighborhood features more than 30 miles of dedicated horse trails.

The exclusive Hope Ranch area is viewed in this aerial photo takenover Santa Barbara, California. … [+] Because of its close proximity to Southern California and Los Angeles population centers, and it’s mild Mediterranean climate, the coastal city of Santa Barbara has become a popular weekend getaway destination for millions of tourists each year.

Getty Images

As with many of Santa Barbara’s communities, privacy reigns king, and it’s no different in Hope Ranch. The community, monitored by local patrol, has only three public roads throughout its roughly 1,800-acre footprint. But while exclusivity may be a characteristic of the Santa Barbara suburb, a strong sense of community is found at gathering centers and events, particularly at the neighborhood’s private beach.

Hope Ranch features a 1,800-acre footprint and private beach access for residents. Here, meandering … [+] pathways lead up to a hilltop seating area with sweeping mountain views.

Village Properties

“Access to the private beach is really what makes Hope Ranch special,” says Landi. “In the summertime, there’s a snack shack and a lifeguard on duty and events put on by the homeowner association.” In addition, other resident amenities include a member’s only golf club, tennis courts and picnic grounds.

MORE FROM FORBES GLOBAL PROPERTIES

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MORE FROM FORBESWorld-Class Horse Farm With 183 Acres Asks $9 Million Near Baltimore, MarylandBy Lauren Beale

Village Properties is an exclusive member of Forbes Global Properties, a consumer marketplace and membership network of elite brokerages selling the world’s most luxurious homes.



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