20 Camino Alto,
Santa Barbara, CA 93103

This report aims to highlight the unique qualities of the property,

the benefits of living in Santa Barbara, and current market trends.

20 Camino Alto, Santa Barbara,

California 93103

Address :

Single-Family Home

Property Type :

Modern Spanish, Custom Built

Architectural Type :

Key Features

Panoramic Views

Wake up to stunning views of the ocean, city, and mountains at this beautiful hillside home. The infinity pool offers a peaceful spot to relax and admire the natural beauty. Whether you're enjoying a quiet moment by the pool or gathering with friends, the scenery provides a beautiful and calming backdrop. Experience the tranquility and charm of hillside living with all the modern amenities you need.

Chef's Kitchen

This modern kitchen features a professional-grade cooking range and double ovens, perfect for gourmet meals. The spacious design includes sleek cabinetry with gold accents and a large center island for extra workspace and casual dining. Natural light floods the space through large windows, offering views of the lush garden. A walk-in pantry provides ample storage, keeping the kitchen tidy and functional. This kitchen combines elegance with practicality, making it an ideal space for cooking and entertaining.

Master Suite

The luxurious master suite features a cozy fireplace and stunning views, creating a serene retreat. This spacious room includes a large walk-in closet, providing ample storage space. The elegant bathroom is equipped with a dual shower and a soaking tub, offering a spa-like experience with breathtaking views of the surrounding landscape. The vaulted ceilings and natural wood beams enhance the room's airy ambiance, while large windows and a private balcony invite natural light and offer unobstructed ocean vistas.

Luxury Amenities

Includes oversized guest suites, an infinity pool, spa, firepit, outdoor bar and BBQ area, gym, wine room, and theater.

Bonuses

Heated flooring
Air Conditioning throughout
Solar System that covers electric Bill
Smart Home

Neighborhood Highlights

Riviera Neighborhood

20 Camino Alto is located in the highly sought-after Riviera neighborhood of Santa Barbara, renowned for its Mediterranean-inspired villas and estates offering breathtaking views of the ocean, city, and mountains. This area combines privacy with convenient access to nature and urban amenities, making it an ideal setting for luxury living.

The Riviera is known for its safety, with a crime index score of 2 out of 10, compared to the national average of 4. Nearby, Franceschi Park offers scenic beauty with native plants, palm trees, and flowers. The neighborhood also hosts cultural landmarks like the Santa Barbara Zen Center and the Riviera Theatre, which features the Santa Barbara International Film Festival every February.

Narrow, winding roads connect the Riviera to the city, including the shops and restaurants on Milpas Street and U.S. 101, located a few miles to the south.

Nearby Attractions

Beaches: East Beach and Butterfly Beach are just a short drive away, offering serene settings and picturesque oceanfront views.

Parks: Enjoy nature at Parma Park and the Santa Barbara Botanic Garden, perfect for hiking and family outings.

Shopping & Dining: Experience the charm of Coast Village Road with its array of upscale boutiques, restaurants, and cafes.

Cultural Sites: Discover Santa Barbara’s rich history at the Santa Barbara Mission and the Courthouse, both nearby.

Education

Schools: The property is located within the highly-rated Santa Barbara Unified School District, with excellent schools like Montecito Union School and Santa Barbara High School nearby.

Higher Education: Close proximity to the University of California, Santa Barbara (UCSB), offering diverse educational and cultural opportunities.

Transportation

Accessibility: Convenient access to Highway 101 makes commuting to major cities like Los Angeles straightforward.

Public Transport: Well-served by Santa Barbara’s Metropolitan Transit District (MTD) bus routes for easy local travel.

Airport: Santa Barbara Airport is nearby, providing convenient travel options.

The Charm of Santa Barbara

Climate

Santa Barbara enjoys a Mediterranean climate with more than 300 days of sunshine per year, creating an ideal environment for outdoor activities and relaxation.

Lifestyle

Outdoor Activities: Whether you love hiking, surfing, sailing, or golfing, Santa Barbara offers endless opportunities for recreation.

Cultural Scene: Rich in arts and culture, the city hosts numerous galleries, theaters, and music festivals throughout the year.

Community Events: Enjoy a variety of community events and farmers' markets that foster a welcoming and close-knit community atmosphere.

The Charm of Santa Barbara

Current Market Conditions:

The Montecito real estate market is characterized by strong demand and limited inventory, especially in the luxury segment, with a median listing price of about $9,300,000. Known for its high-end market, Montecito attracts affluent buyers seeking privacy, exclusivity, and expansive estates. The area's low inventory keeps demand high and prices stable. Montecito's reputation and celebrity residents enhance its desirability and stable real estate values, making it a highly sought-after location for luxury homebuyers looking for a prestigious and serene lifestyle.

The median price per square foot is $2,158, consistently high, reflecting the luxury market. The price per square foot remained stable, indicating strong demand and limited inventory.

Factors Influencing Pricing

Economic Factors:

Montecito benefits from a strong local economy supported by tourism, technology, and education sectors, which contribute to steady property values. The area's affluent residents and attraction of high-net-worth individuals also play a role in sustaining high property prices.

Interest Rates:

While interest rates can impact buyer affordability, the luxury market in Montecito is typically less affected by interest rate fluctuations. Buyers in this segment often have substantial financial resources and are less reliant on financing, which helps maintain stable prices.

Environmental Appeal:

Montecito's commitment to environmental conservation and its stunning natural beauty add intrinsic value to properties. The area's picturesque landscapes, combined with a desirable climate and proximity to cultural amenities, enhance its appeal to luxury homebuyers.

Additional Factors for 20 Camino Alto, Santa Barbara, CA 93103

Value of Bonus Square Footage:

Your Camino property offers additional square footage beyond the typical home size, providing excellent value compared to other listings. This bonus space effectively reduces the price per square foot, enhancing its attractiveness in a market where the median price per square foot is $2,158.

Accounting for listing Sq Ft of 4,000 the value is: 4,000 X 2,158 = $8,632,000

Adding in the extra 2,000 Sq Ft the value increases to: 6,000 X 2,158 = $12,948,000

New Construction Advantage:

As a newly built property, it features modern amenities and design, appealing to buyers looking for move-in-ready homes with the latest features. This adds further value, making it competitive in the high-demand Montecito market.

Conclusion

Choosing the right home is a significant decision, and 20 Camino Alto offers a unique opportunity to own a luxurious residence in one of California’s most coveted areas. The combination of outstanding property features, a prime location, and resilient market conditions make it a standout choice.

As your potential real estate partner, I am committed to providing you with comprehensive insights and personalized guidance throughout your buying journey. Born and raised in Santa Barbara, I have an intimate understanding of the local market and its unique dynamics. My local expertise and dedication to your needs ensure you are well-informed and confident in your decisions.

I look forward to the opportunity to work together and assist you in finding your dream home in Santa Barbara.

Warm regards,

Krystal Z. Freedom, MBA, Realtor®

Freedom Realty