[%asset_77%] FEBRUARY 2008 SALES REPORT
BROUGH TO YOU BY
RICHARD MANN
COLDWELL BANKER
(805) 689-5978
www.RichardMann.com
richard@richardmann.com

Thank you for your continued interest in Richard Mann's monthly sales report newsletter. This newsletter contains a summary of all homes sold within Santa Barbara County during February. If you are no longer interested in receiving newsletters from Richard, please see the instructions at the end of this e-mail.

You can always view past newsletters at www.richardmann.com, in the section Tips and Guides for Montecito Buyers.

MONTECITO ADDRESS BD BA ORIG LIST LAST LIST SOLD PRICE % DAYS
Home/Estate 746 Santecito Dr 4 3 $2,100,000 $2,100,000 $1,925,000 92% 107
Home/Estate 1684 SAN LEANDRO LN 6 5 $8,975,000 $8,975,000 $8,500,000 95% 124
Home/Estate 1290 W Pepper Lane 4 5 $6,750,000 $5,450,000 $5,250,000 78% 154
Home/Estate 1153 HIGH RD 2 2 $2,585,000 $2,585,000 $2,590,000 100% 57
Home/Estate 1270 MESA RD 3 3 $2,995,000 $2,995,000 $2,850,000 95% 45
Home/Estate 1050 CIMA LINDA LN 4 4.5 $3,625,000 $3,625,000 $3,625,000 100% 9
Home/Estate 1147 HILL RD 3 2 $4,900,000 $4,900,000 $4,900,000 100% 22
Home/Estate 2600 Bella Vista Drive 4 4.5 $15,950,000 $15,950,000 $12,975,000 81% 211
Home/Estate 76 DEPOT RD 3 3 $2,395,000 $2,150,000 $1,800,000 75% 199
Home/Estate 440 Cota Ln 3 3 $1,950,000 $1,575,000 $1,485,000 76% 139
Home/Estate 339 Santa Rosa Ln 6 5 $3,790,000 $3,590,000 $3,489,000 92% 522
Home/Estate 370 Ortega Ridge Rd 4 4 $20,000,000 $20,000,000 $21,000,000 105% 253
Home/Estate 818 San Ysidro Lane 3 3.5 $4,250,000 $4,250,000 $4,200,000 99% 144

 

PLEASE CALL ME IF YOU HAVE ANY QUESTIONS ABOUT MY CURRENT LISTINGS:

MONTECITO COTTAGE W/POTENTIAL - NEW LISTING
Click here to view this property at RichardMann.com
Offered at $1,450,000

Find this delightful Montecito Mediterranean cottage which has not been on the market for over 20 years. This charming property is conveniently located close to Montecito’s lower village and boasts an open floor plan with three bedrooms and two bathrooms. Upon entering this lovely residence you will find a wonderful courtyard with a running fountain and French doors that lead to the living room complete with cathedral ceilings and fireplace. The fire-lit dining room is not to be missed with large open windows that face the private back yard and an enchanting skylight. Completing this property is an attached two car garage, washer/dryer, and a 1/2 acre lot with fruit trees in the desirable Montecito Union School District.

HOPE RANCH ADDRESS BD BA ORIG LIST LAST LIST SOLD PRICE % DAYS
Home/Estate 1564 CANTERA AVE 6 5 $4,395,000 $4,395,000 $4,395,000 100% 3
Home/Estate 4426 Via Bendita 5 5.5 $5,495,000 $4,950,000 $4,600,000 84% 264

 

OCEAN VIEW ENNISBROOK ESTATE SITE – 2.28 ACRES - NEW PRICE
Click here to view this property at RichardMann.com
Offered at $2,525,000

Amazing Ennisbrook estate site. Sweeping ocean & mountain views from this flat 2.28 acre lot. Plans are ready & have preliminary MBAR approval for a fabulous 4,000 sq ft Mediterranean estate, boasting 3 BD, 4.5 BA, plus an 800 sq ft guest house, a pool and 700 sq. ft. cabana. Please call for details regarding plans.

SUMMERLAND OCEAN VIEW SANCTUARY
Click here to view this property at RichardMann.com
Offered at $3,450,000

Upon entering the lovely slate courtyard, step into the sky-lit foyer and sense the ocean breeze, at this pristine and glorious Cape Cod Retreat. A magical two story residence that has been beautifully renovated to perfection, with the finest quality, craftsmanship and attention to detail throughout, offering four bedrooms, three full baths and two half baths. Enjoy the fabulous ocean vistas from almost every bright and airy room, along with soaring ceilings, formal fire-lit living room, ebonized dark oak floors, and French doors. The family style gourmet kitchen is a chef’s dream, with white marble countertops, the finest stainless steel Viking appliances, a grand island with prep sink, spacious dining area, immaculate high gloss white wood floors, and a unique tin plate ceiling.

CARPINTERIA ADDRESS BD BA ORIG LIST LAST LIST SOLD PRICE % DAYS
Home/Estate 5481 El Carro Ln 5 3 $793,000 $759,000 $700,000 88% 85
Mobile Hm. 3950 Via Real 31 2 2 $189,000 $164,000 $164,000 87% 92
Condo/Co-Op 1250 CRAVENS LN 1 2 2 $829,000 $809,000 $785,000 95% 168
Home/Estate 162 Rincon Point Road 5 4 $8,500,000 $8,500,000 $7,500,000 88% 15
Condo/Co-Op 6008 JACARANDA WAY H 2 2 $569,000 $549,000 $525,000 92% 14

 

MONTECITO SEASIDE CRAFTSMAN - NEW LISTING
Click here to view this property at RichardMann.com
Offered at $2,850,000

This Montecito Beach Cottage is wonderfully located just 2 blocks from Miramar Beach. Enjoy this recently renovated Craftsman property featuring 2 light and bright bedrooms and 2 full baths, a gourmet kitchen with stainless steel appliances, petite office area, open air dining, picture windows, French doors and much more.

SANTA BARBARA COTTAGE COMPLEX - NEW PRICE
Click here to view this property at RichardMann.com
Offered at $1,150,000

Find this charming and unique cottage, located in the heart of Santa Barbara's central business district. This mixed used property is within walking distance to downtown restaurants, theaters, shops and the museum.

SUMMERLAND VICTORIAN COTTAGE - NEW PRICE
Click here to view this property at RichardMann.com
Offered at $1,350,000

Step back in time upon entering this charming and magical 100 + year old Victorian cottage, offering two bedrooms, two baths, a warm and inviting fire-lit living room, and delightfully colorful kitchen with dining banquet and pine floors. Enjoy the lovely and peaceful entertainment patio, surrounded by plants and tropical foliage reminiscent of old Hawaii. Complimenting this unique property is a cozy detached studio with loft, and a full bath and garden. Sense and take in the ocean breezes and wonderful views from the front porch, surrounded by palm trees and enveloping plants and flowers.

EAST OF STATE ADDRESS BD BA ORIG LIST LAST LIST SOLD PRICE % DAYS
Condo/Co-Op 2718 Miradero Drive 2 2 $769,000 $699,000 $675,000 88% 123
Home/Estate 951 Cocopah Dr 3 2 $1,400,000 $1,250,000 $1,175,000 84% 102
Home/Estate 10 Constance Ave E 3 3 $1,725,000 $1,725,000 $1,400,000 81% 71
Home/Estate 308 E ANAPAMU ST 2 1 $749,000 $695,000 $660,000 88% 61
Home/Estate 3981 LA COLINA RD 2 1 $725,000 $595,000 $589,000 81% 248
Condo/Co-Op 419 E. Figueroa Street 4 3 $2,395,000 $2,395,000 $2,200,000 92% 259
Home/Estate 1810 Loma St 3 2 $1,385,000 $1,289,000 $1,100,000 79% 181
Home/Estate 2688 Dorking Pl 3 2 $1,495,000 $1,299,000 $1,265,000 85% 266
Home/Estate 232 E Padre St 2 2 $1,595,000 $1,595,000 $1,520,000 95% 81

 

PLEASE VISIT

WWW.RICHARDMANN.COM

FOR MORE INFORMATION

WEST OF STATE ADDRESS BD BA ORIG LIST LAST LIST SOLD PRICE % DAYS
Home/Estate 219 Oliver Rd 3 2 $999,000 $899,000 $800,000 80% 40
Condo/Co-Op 2631 STATE ST 3 1 1 $469,000 $469,000 $450,000 96% 55
Condo/Co-Op 105 W De La Guerra St D 1 2 $1,150,000 $1,150,000 $1,040,000 90% 46
Condo/Co-Op 738 CALLE DE LOS AMIGOS 2 2.1 $698,000 $698,000 $698,000 100% 16
Home/Estate 3728 CORDERO DR 3 2 $850,000 $850,000 $800,000 94% 26
Home/Estate 2047 LORINDA WAY 2 1.5 $879,000 $794,000 $760,000 86% 165
Home/Estate 244 Palisades Dr 3 2.5 $1,529,000 $1,349,000 $1,250,000 82% 147
Condo/Co-Op 105 W De La Guerra St E 1 1.5 $1,200,000 $995,000 $950,000 79% 249

LET US CREATE A CUSTOM MARKETING PLAN FOR YOUR PROPERTY

GOLETA SOUTH ADDRESS BD BA ORIG LIST LAST LIST SOLD PRICE % DAYS
MOBILE HM. 945 Ward Drive 51 2 2 $499,000 $499,000 $405,000 81% 85
Home/Estate 6891 Meadowlace Ct 4 3 $1,199,000 $1,199,000 $1,135,000 95% 64
Home/Estate 4698 ATASCO DR 4 2 $649,000 $649,000 $619,000 95% 4
Condo/Co-Op 345 Kellogg Way 28 2 3 $565,000 $565,000 $550,000 97% 30
PUD 921 DIAMOND CREST CT 2 2 $650,000 $650,000 $615,000 95% 0
Condo/Co-Op 5092 RHOADS AVE 3 2.5 $635,000 $635,000 $590,000 93% 123
MOBILE HM. 7465 Hollister Ave 334 2 2 $229,000 $216,000 $204,000 89% 163
Home/Estate 7325 Elmhurst Pl 3 2.5 $995,000 $799,000 $780,000 78% 362
Condo/Co-Op 4722 CALLE REINA 3 2 $749,000 $625,000 $615,000 82% 269
Condo/Co-Op 391 CANNON GREEN DR G 3 2 $689,000 $594,990 $570,000 83% 232
Home/Estate 227 Elderberry Drive 3 3.5 $2,270,000 $2,050,000 $2,050,000 90% 205
Home/Estate 830 Fortuna Ln 5 2 $1,150,000 $1,125,000 $1,065,000 93% 93

GOLETA NORTH ADDRESS BD BA ORIG LIST LAST LIST SOLD PRICE % DAYS
Home/Estate 6004 Paseo Palmilla 4 2 $875,000 $849,000 $810,000 93% 84
PUD 723 Cathedral Pointe Ln 3 2 $1,299,000 $1,299,000 $1,240,000 95% 24
Home/Estate 66 Touran Lane 4 3 $1,189,000 $1,189,000 $1,125,000 95% 51
Home/Estate 6179 BARRINGTON DR 5 2 $779,000 $779,000 $720,000 92% 33
Home/Estate 5263 PAREJO DR 4 2 $849,500 $799,000 $740,000 87% 21
MOBILE HM. 340 OLD MILL RD 201 2 2 $359,000 $359,000 $353,000 98% 7
Home/Estate 995 La Patera Ln 3 1 $1,799,000 $1,799,000 $1,550,000 86% 0
MOBILE HM. 333 Old Mill Road 122 2 2 $269,000 $249,000 $230,000 86% 145
Condo/Co-Op 271-1 MORETON BAY LN 1 2 1.5 $499,999 $482,000 $470,000 94% 104
Home/Estate 6134 Braeburn Dr 3 2 $899,000 $759,000 $700,000 78% 475
MOBILE HM. 333 Old Mill Road 101 2 2 $315,000 $259,000 $238,000 76% 463
Home/Estate 51 SAN ROSSANO DR 3 2 $806,000 $680,000 $680,000 84% 182
PUD 132 Gerard Drive 3 2 $885,000 $837,500 $780,000 88% 109

SANTA YNEZ ADDRESS BD BA ORIG LIST LAST LIST SOLD PRICE % DAYS
Home/Estate 1261 LADAN DR 4 4 $2,495,000 $2,495,000 $2,275,000 91% 117
Home/Estate 25 CHAMISO DR 4 3 $699,000 $674,990 $600,000 86% 127
Home/Estate 224 Valhalla 4 5 $1,750,000 $1,650,000 $1,000,000 57% 364
PUD 1485 Aarhus Drive 3 2 $799,000 $749,000 $675,000 84% 358
Home/Estate 1482 Aalborg Way 4 2.5 $825,000 $699,000 $625,000 76% 355
Home/Estate 3790 ROBLAR AVE 4 4 $2,195,000 $2,195,000 $2,097,500 96% 6
MOBILE HM. 80 ZACA ST 2 1 $76,900 $76,900 $74,900 97% 22

FEBRUARY 2008 SALES REPORT
BROUGH TO YOU BY
RICHARD MANN
COLDWELL BANKER
(805) 689-5978
www.RichardMann.com
richard@richardmann.com

[%asset_76%]

Inventory Snapshot in: Santa Barbara/Montecito
  1st Qtr 2nd Qtr 3rd Qtr  4th Qtr 
2002 507/161 445/148 515/169 570/168
2003 515/150 559/158 526/160 454/133
2004 366/122 496/144 546/147 454/131
2005 453/115 545/115 649/119 648/123
2006 623/124 864/158 1028/166 914/158
2007 737/133 865/136 958/143 888/141

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