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Santa Barbara's Luxury Real Estate Market

What Is the Santa Barbara Luxury Estate Market?

The Estate market in Santa Barbara  is generally defined as consisting of a large main residence,  a guest house,  a swimming pool, tennis court, sprawling acreage and spectacular views.  The pricing in the Estate market generally begins around $10 million dollars.

Why Santa Barbara?  




Affluent people all over the world are searching far and wide for the perfect place to call home.  What they are finding is Santa Barbara, California fits that requirement.  Santa Barbara offers beautiful weather all year long.  It is a small oceanfront resort market with a low growth philosophy, meaning the political will is to keep it a small town with clean air and no traffic.  The lifestyle is relaxed if you want it to be, but offers innumerable opportunities to stay busy if that is what you prefer.  Arts, culture and active lifestyle opportunities abound.  This all combines to provide the fortunate residents of Santa Barbara a fantastic quality of life.

Who Lives In Santa Babara?

In addition to countless Captians of fortune, some notable celebrities who call Santa Barbara home include Oprah Winfrey who purchased her Montecito estate for $40 million. Other celebrities who have homes  in Santa Barbara are Julia Louie Dryfus, Dennis Miller, Rob Lowe, Kathy Ireland, Jonathan Winters, Carol Burnett, Michael Douglas & Catherine Zeta-Jones, Troy Aikman, Steve Martin, Jeff Bridges & Fred Couples to name just a few. 

Strong Demand & Low Supply of Estates for Sale

The enticing Santa Barbara lifestyle has drawn affluent homebuyers in droves.  What these homebuyers find when they arrive is that there is a very limited amount of Estate homes  to select from.   The limited inventory is the result of the low growth philosophy that has existed in Santa Barbara for decades.  This is further exacerbated by a limited amount of available land from which to build on.  If a parcel of land could be found, the process of getting an approval to build is long, difficult, expensive and exhaustive. 

The Distinctive Real Estate Difference

In response to the need to serve affluent clientele in obtaining real estate in Santa Barbara, Distinctive Real Estate was born.   Distinctive Real Estate is the only luxury boutique real estate firm in Santa Barbara with a focus on serving the affluent clientele with the very best service and representation.  Because of the limited amount of Estate property in Santa Barbara, our team of professionals are aware of every Estate property available, both publicly, as well as privately for sale.  This in-depth knowledge of every property makes for careful evaluation of price, and keen negotiation skills.  

Distinctive Real Estate  takes the luxury experience full circle.  It is the only luxury real estate firm in Santa Barbara that provides individualized concierge service that provides a wide array of customized services tailored to meet your every need.   Services range from Estate Management, Vacation Rental and Interior Design, down to daily needs such as  restaurant reservations, tee times at golf courses, and spa appointments.

I look forward to being of service to you.

All my best,

Wendy Elizabeth Gragg
President

WGragg@DistinctiveRealEstateOnline.com

 

 


©Copyright 2007 - 2008 Distinctive Real Estate Online
730 Anacapa Street, Santa Barbara, CA 93101
Ph. 805.565.0246 l Fax. 805.969.1614 l Email


 

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