Check Out Why So Many of the Rich Choose to Call Montecito Home!

Check Out Why So Many of the Rich Choose to Call Montecito Home!

If you have ever wondered where the rich choose to live, one of the best places to look at is the gorgeous area called Montecito. Montecito is an area that lies just 80 miles to the west of Los Angeles. It rests between the Santa Ynez mountains and the glorious Pacific Ocean. It, thus, creates the ultimate Californian backdrop for the elite Santa Barbara County. Montecito is a piece of paradise where many of our favorite Hollywood stars own a holiday home. It’s also home to the wealthy who wish to live in glorious isolation. It’s an area with a mellow yet chic vibe, complete with sun-kissed beaches and a tropical climate all wrapped up in a beautiful setting.

Montecito’s Boundaries

Montecito is an area that covers about eight square miles. And it spreads across numerous Upper and Lower villages. On the western edge lies the Hot Springs Road, and to the south is the Pacific Ocean. To the east, you find Ortega Ridge and to the north is East Valley Road. Fernald’s Point marks the beginning of the coastline, with Butterfly Beach marking its end.

Property Price Range in Montecito

In the Santa Barbara region, most real estate sports price tags ranging between $2 million and $20 million. On occasion, homes do sell for more than $20 million. However, the most frequent price range come across the market is between $4 million and $10 million. For a home with an ocean view, you can expect everything above $5 million. Between East Valley Road and Hot Springs Drive lies the Golden Quadrangle. In this area, you find Montecito’s most expensive homes. Several properties in this area boast panoramic views of acres of land and the splendid sea.

The Homes of the Wealthy in Montecito

Montecito’s homes are Cape-Dutch styled or Mediterranean or Spanish colonial in their style. Homes are generally large and feature wide-open space, offering an open feel. Homes tend to sit on vast properties, and there are several classic pieces of real estate. There is a beautiful mix of contemporary, ranch, or even cottage-style homes. Some of Montecito’s best homes are situated in the hills that lie above the coastline, with guesthouses, swimming pools, outbuildings, and exquisite views.

Why Montecito?

Are you wondering why the wealthy head to Montecito to call a place home? Well, that’s easy. Few places in the world are as idyllic as Montecito, with its gorgeous scenery and Mediterranean themed architecture. It is also a celebrity hub because it is only a five-minute drive from the main street in Santa Barbara and less than a 90-minute drive to LA. The beautiful area boasts so much paradise and luxurious homes, yet it somehow has an atmosphere that is understated and low-key. The picturesque and relaxing place offers an old-world charm that is practically unmatchable. Outdoorsy and sports types love the fact that Montecito provides accessibility to both the ocean and mountains, perfect for water sports, hiking, and many forests, creeks, and cascades.

Montecito’s Luxury Elements

The Montecito area is convenient and offers many luxurious services and specialty foods. There are many stores, including a sandwich and deli store, a bakery/deli called Pierre Lafond Market Deli, a gift and gourmet store, wine bistro and nail boutiques, coffee shops, and more. There are yoga studios, a ranch that serves as one of the county’s finest hotels, called San Ysidro Ranch, and a lovely steakhouse called Lucky’s Steakhouse. We can imagine living there, that’s for sure! Such convenience and good food and quality services available right there!

The Residents

Montecito is home to many form the film and entertainment industry, mainly because of its proximity to Hollywood and Los Angeles. You can spot famous directors, producers, screenwriters walking the streets of Montecito, and cruising around in their high-end vehicles. While primary homes to take up the majority of the area, many owners have their second and third homes in Montecito.

The lifestyle is beautiful and tends to make people fall in love with a home in the area! Gwyneth Paltrow, Julia Louis-Dreyfus, Oprah Winfrey,  and Jeff Bridges are some of the famous people who live in Montecito.

So there you have it – a paradise for the rich. That offers everything from good weather, stylish living, and a convenient lifestyle, and everything else you can only think of in your dreams! Montecito sure is one of the dream locations to live in!