[%asset_101%] AUGUST 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 August. 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 2960 TORITO RD 2 2 $1,650,000 $1,650,000 $1,542,500 93% 97
Home/Estate 193 TIBURON BAY LANE 5 6 $4,450,000 $3,995,000 $3,850,000 87% 197
Home/Estate 60 olive mill RD 6 4 $4,950,000 $4,500,000 $3,950,000 80% 138
Home/Estate 904 TORO CANYON RD 6 4 $1,995,000 $1,800,000 $1,750,000 88% 78
Home/Estate 447 LEMON GROVE LN 2 2 $1,495,000 $1,495,000 $1,495,000 100% 2
Condo/Co-Op 1942 N JAMESON D LN 3 2 $815,000 $765,000 $740,000 91% 105
Home/Estate 1430 GREENWORTH PL 4 3 $2,250,000 $2,250,000 $2,250,000 100% 6
Home/Estate 634 ORCHARD AVE 2 2 $995,000 $995,000 $1,000,000 101% 9
Home/Estate 935 ARCADY RD 4 3.5 $3,395,000 $3,395,000 $3,200,000 94% 32
Home/Estate 1781 GLEN OAKS DR 5 4 $4,495,000 $3,995,000 $3,700,000 82% 38
Condo/Co-Op 1944 N JAMESON Unit A  3 2 $760,000 $760,000 $735,000 97% 18
Home/Estate 2150 E VALLEY RD 4 3 $2,495,000 $2,495,000 $2,450,000 98% 19
Home/Estate 750 CIMA DEL MUNDO  7 12 $29,000,000 $27,500,000 $27,500,000 95% 1
Home/Estate 1170 GLENVIEW RD 3 3.5 $4,250,000 $4,250,000 $3,915,000 92% 34

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

MONTECITO COTTAGE WITH POTENTIAL
Click here to view this property at RichardMann.com
Offered at $1,150,000

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 4687 VIA ROBLADA 2 2.5 $2,850,000 $2,850,000 $2,850,000 100% 24

DRAMATIC MONTECITO MODERN
Click here to view this property at RichardMann.com
Offered at $5,750,000

Down a quiet Montecito lane, find this two story beautifully renovated residence offering five bedrooms, five baths, hardwood maple floors, soaring ceilings, sky-lights, and lovely French doors. The spacious family style kitchen is a chef's dream, light and airy with a fireplace, granite counter tops, state of the art stainless steel appliances, and a large prep island. Enjoy the formal fire-lit living room, and formal dining room with a built-in server for entertaining, and tropical fish aquarium. The romantic master suite is very spacious with a private terrace, large walk-in his and hers closets with built-ins, and a well appointed bath with marble counters, double sinks, shower and grand tub. Sitting on approximately 1.31 acres, find glorious mountain views, stunning manicured grounds, lush lawns and gardens which surround the magnificent pool, spa and charming pool house with bath. Completing this special property is a three car garage, full service laundry, Hvac system, and is located in the desirable Montecito Union School District.

CARPINTERIA ADDRESS BD BA ORIG LIST LAST LIST SOLD PRICE % DAYS
Home/Estate 4620 9TH ST 3 2 $549,900 $479,900 $460,000 84% 105
Condo/Co-Op 231 LINDEN 19 AVE 1 1 $445,000 $425,000 $417,500 94% 292
Home/Estate 4715 ARAGON DR 4 3 $945,000 $825,000 $812,000 86% 112
Home/Estate 1477 LA PALOMA ST 3 1.75 $679,500 $629,000 $568,000 84% 62
Home/Estate 565 ARBOL VERDE ST 4 2 $995,000 $899,900 $845,000 85% 111
Home/Estate 1320 VALLECITO PL 2 2 $925,000 $925,000 $875,000 95% 39
Home/Estate 2436 BANNER AVE 4 3 $749,900 $624,900 $640,000 85% 50
Home/Estate 4951 8TH ST 2 1 $825,000 $775,000 $750,000 91% 38
Mobile Hm. 3950 Via Real 271 3 2 $295,000 $244,000 $220,000 75% 381

MONTECITO SEASIDE CRAFTSMAN
Click here to view this property at RichardMann.com
Offered at $2,650,000

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.

EAST OF STATE ADDRESS BD BA ORIG LIST LAST LIST SOLD PRICE % DAYS
Home/Estate 841 De La Guerra Terrace 4 3 $1,949,000 $1,659,000 $1,585,000 81% 190
Home/Estate 1721 LAGUNA ST 4 5 $1,299,000 $1,100,000 $930,000 72% 183
Condo/Co-Op 141 POR LA MAR CIR 2 2 $965,000 $965,000 $920,000 95% 175
Home/Estate 1609 ORAMAS RD 3 3 $1,625,000 $1,499,000 $1,450,000 89% 163
Home/Estate 1322 E HALEY ST 4 2 $899,999 $899,999 $750,000 83% 98
Home/Estate 1622 LOMA ST 3 2 $1,695,000 $1,650,000 $1,475,000 87% 138
Home/Estate 411 E CARRILLO ST 2 1 $895,000 $865,000 $750,000 84% 137
Home/Estate 1530 FRANCESCHI RD 4 4 $3,250,000 $3,250,000 $3,200,000 98% 85
Home/Estate 3792 HOPE TERRACE 3 2 $1,150,000 $1,150,000 $1,050,000 91% 55
Home/Estate 2955 VENTURA DR 2 1 $867,500 $852,500 $830,000 96% 92
Home/Estate 1812 SAN MARCOS PASS  4 3.5 $4,595,000 $4,595,000 $4,100,000 89% 62
Home/Estate 1452 ORANGE GROVE AVE 4 2 $949,000 $895,000 $835,000 88% 67
Home/Estate 3828 CALLE CITA 3 2 $900,000 $860,000 $840,000 93% 75
Home/Estate 1405 MISSION RIDGE RD 4 4 $3,900,000 $3,595,000 $3,345,000 86% 70
Home/Estate 2615 DORKING PL 2 2 $895,000 $795,000 $720,000 80% 52
Home/Estate 1732 SANTA BARBARA ST 5 4 $3,850,000 $3,850,000 $3,850,000 100% 1
Home/Estate 122 E ALAMAR AVE 3 1 $598,900 $598,900 $595,000 99% 7
Home/Estate 2682 MONTROSE PL 3 3.5 $1,995,000 $1,995,000 $1,810,000 91% 51
Home/Estate 3531 LOS PINOS DR 3 2 $1,249,000 $1,249,000 $1,150,000 92% 15
Condo/Co-Op 440 CAMINO DEL REMED E 1 1 $144,900 $144,900 $144,900 100% 24
Condo/Co-Op 217 Por La Mar Cir 2 2 $1,335,000 $1,235,000 $1,167,500 87% 316
Home/Estate 507 CONEJO RD 3 2 $450,000 $450,000 $400,000 89% 19

PLEASE VISIT

WWW.RICHARDMANN.COM

FOR MORE INFORMATION

WEST OF STATE ADDRESS BD BA ORIG LIST LAST LIST SOLD PRICE % DAYS
Home/Estate 830 W MISSION ST 2 1 $699,000 $575,000 $570,000 82% 157
Condo/Co-Op 435 VISTA DE LA PLAYA LN 3 3 $1,675,000 $1,549,000 $1,475,000 88% 135
Home/Estate 2809 CLINTON TERRACE 3 2 $1,080,000 $948,000 $905,000 84% 153
Home/Estate 826 W MISSION ST 2 1 $789,000 $729,000 $715,000 91% 94
Condo/Co-Op 88 LA CUMBRE CIR 2 2 $667,000 $599,900 $565,000 85% 120
Condo/Co-Op 126 W CALLE CRESPIS 13 2 2 $599,000 $559,000 $520,000 87% 103
Home/Estate 1442 CRESTLINE DR 5 3 $1,250,000 $1,249,000 $1,234,000 99% 10
Home/Estate 844 MEIGS RD 4 3 $1,299,000 $1,299,000 $1,199,000 92% 44
Condo/Co-Op 3883 CINCO AMIGOS 3 2 $639,900 $639,900 $615,000 96% 36
Home/Estate 1108 PLAZA DEL MONTE 3 2.5 $1,050,000 $1,050,000 $1,025,000 98% 23
Home/Estate 519 FELLOWSHIP RD 3 2 $995,000 $995,000 $955,000 96% 22
Home/Estate 1418 Robbins Street 4 3 $718,900 $718,900 $710,000 99% 11
Condo/Co-Op 4370 MODOC RD 3 2.5 $1,275,000 $1,195,000 $1,150,000 90% 453
Condo/Co-Op 50 Barranca Unit 10 2 2 $749,000 $640,000 $595,000 79% 434
Home/Estate 606 W ORTEGA ST 2 1 $549,000 $549,000 $560,000 102% 16

LET US CREATE A CUSTOM MARKETING PLAN FOR YOUR PROPERTY

GOLETA SOUTH ADDRESS BD BA ORIG LIST LAST LIST SOLD PRICE % DAYS
Condo/Co-Op 43 DEARBORN 51 PL 1 1 $324,900 $279,000 $270,000 83% 158
Condo/Co-Op 47 DEARBORN 25 PL 2 1 $447,000 $375,000 $355,000 79% 139
Home/Estate 510 EVONSHIRE AVE 5 2 $719,000 $689,000 $660,000 92% 120
Home/Estate 5051 VIA LARA 4 3 $1,279,000 $1,279,000 $1,174,000 92% 69
Condo/Co-Op 5290 OVERPASS 9 RD 1 1 $399,900 $375,000 $350,000 88% 75
Home/Estate 4669 VINTAGE RANCH LN 4 3 $1,997,000 $1,997,000 $2,020,000 101% 5
PUD 593 SWEET RAIN PL 3 2.5 $749,500 $749,500 $715,000 95% 76
Home/Estate 5071 San Julio 3 2 $824,500 $824,500 $820,000 99% 23
Condo/Co-Op 4746 CAMINO DEL REY 3 2 $670,000 $670,000 $650,000 97% 4
 
GOLETA NORTH ADDRESS BD BA ORIG LIST LAST LIST SOLD PRICE % DAYS
Mobile Hm. 333 OLD MILL 213 RD 2 2 $340,000 $278,750 $245,000 72% 237
Condo/Co-Op 280 N FAIRVIEW 1 AVE 3 2 $510,000 $440,000 $430,000 84% 169
Home/Estate 176 SAN MILANO DR 5 3 $719,900 $645,900 $565,000 78% 177
Home/Estate 1325 San Antonio Creek rd 5 5 $2,249,500 $2,249,500 $2,135,000 95% 119
Home/Estate 715 KRISTEN CT 3 2 $1,185,000 $1,185,000 $1,085,000 92% 134
Home/Estate 1286 CAMINO PALOMERA 3 2 $1,200,000 $1,090,000 $1,090,000 91% 57
Mobile Hm. 333 Old Mill 166 2 2 $219,000 $169,000 $165,000 75% 100
Home/Estate 550 SUSSEX CT 4 2 $875,000 $859,000 $857,000 98% 89
Home/Estate 761 BOLSA CHICA CT 4 3 $995,000 $995,000 $980,000 98% 22
Home/Estate 5773 CATHEDRAL OAKS  4 2.5 $945,000 $875,000 $750,000 79% 120
Home/Estate 280 VEREDA GALERIA 4 3 $1,595,000 $1,595,000 $1,547,000 97% 16
Home/Estate 6221 MUIRFIELD DR 3 2 $895,000 $895,000 $872,500 97% 15
Mobile Hm. 333 Old Mill 314 Rd 2 2 $179,000 $179,000 $130,000 73% 50
Home/Estate 575 CALLE APAREJO 4 2 $899,000 $899,000 $850,000 95% 36
Home/Estate 543 PINTURA DR 3 2 $700,000 $700,000 $700,000 100% 5
Home/Estate 4444 MEADOWLARK LN 4 4 $1,650,000 $1,650,000 $1,650,000 100% 7
Home/Estate 89 BRANDON DR 3 2 $500,000 $500,000 $442,000 88% 51
Mobile Hm. 4280 CALLE REAL 77 2 2 $185,000 $169,500 $155,000 84% 34
Home/Estate 68 NEWCASTLE CIR 5 3 $589,900 $589,900 $570,000 97% 39
Home/Estate 611 Corte Bella 4 4.5 $2,050,000 $2,050,000 $2,050,000 100% 20
Home/Estate 592 ROSA LINDA WAY 4 3 $998,000 $998,000 $1,035,000 104% 5
Home/Estate 527 LIRA PL 3 2 $695,000 $695,000 $661,200 95% 2
Condo/Co-Op 4534 Oak Glen Dr. F 2 1.5 $217,400 $217,400 $217,400 100% 18

SANTA YNEZ ADDRESS BD BA ORIG LIST LAST LIST SOLD PRICE % DAYS
Home/Estate 207 TERI SUE LN 3 2 $639,000 $459,000 $450,000 70% 319
Condo/Co-Op 13 SIX FLAGS CIR 2 1 $349,000 $295,000 $285,000 82% 216
Home/Estate 3091 SANTA YNEZ AVE 4 3 $1,150,000 $1,150,000 $1,100,000 96% 86
Home/Estate 1978 HONEY LOCUST CT 3 2 $739,000 $639,000 $625,000 85% 359

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

[%asset_100%]

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
2008 801/141 990/159    

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