07/13/2026
MONDAY MORNING BLOG • Turnkey & Opportunity
This week's highest and lowest sales offered an interesting reminder about what drives demand.
1465 East Mountain Drive closed at $12.5 million. An impeccably renovated single-level residence on 1.43 south-facing acres with panoramic ocean views, it offered exceptional value in one of Montecito's premier locations, where surrounding properties often command two and three times that amount.
Meanwhile, 1859 Barker Pass Road sold above asking in just 11 days. Priced just under $2 million, it represented one of the few remaining opportunities to buy into Montecito.
Two Sales. One Common Denominator.
One offered turnkey living.
The other offered opportunity.
Both were compellingly priced for what they offered. That's what gets buyers off the sidelines.