It seems like seven-figure listings are a weekly occurrence here in the Greater Los Angeles area, with an unrelenting surge of trophy homes and speculative developments popping up left and right. But it’s Santa Barbara County that has the most publicly listed properties of $100 million or more currently on the market. Here’s a look at the most expensive homes for sale in the area.
MONTECITO: Known as Rancho San Carlos, this sprawling 237-acre equestrian ranch has been owned by the same family for nearly a century.
Address: East Valley Road, Santa Barbara, 93108
Listed for: $125 million for 12 bedrooms, 13 bathrooms in 29,438 square feet of space (237 acres)
Features: Barrel-vaulted central hall; oak paneled rooms; hidden whiskey pub
About the area: In the 93108 ZIP Code, based on 23 sales, the median sales price for single-family homes in March was $2.15 million, down 5.5% from March 2015, according to CoreLogic.
GOLETA: The 1,800-acre estate called Las Varas Ranch features approximately 2 miles of oceanfront, including a sandy beach.
Address: Calle Real, Goleta, 93117
Listed for: $108 million for Spanish-style main house, equestrian facilities, 50 head of cattle (1,800 acres)
Features: Riding arenas; staff quarters; 18-acre lake
About the area: In the 93117 ZIP Code, based on 12 sales, the median sales price for single-family homes in March was $796,000, up 21.5% from March 2015, according to CoreLogic.
SANTA YNEZ: Sycamore Valley Ranch, formerly known as Neverland, was once home to pop icon Michael Jackson.
Address: 5225 Figueroa Mountain Road, Los Olivos, 93441
Listed for: $100 million for six bedrooms, nine bathrooms in 12,598 square feet (2,698 acres)
Features: French Normandy-style mansion; 50-seat theater; swimming pool and sports court
About the area: In Santa Ynez, based on six sales, the median sales price for single-family homes in March was $829,000, down 46.5% from March 2015, according to CoreLogic.
MONTECITO: The 340-acre property in the Santa Ynez Mountain foothills was once owned by Henry E. Bothin, who amassed a fortune through spice and coffee trade.
Address: 698 E. Mountain Drive, Montecito, 93108
Listed for: $77 million for 10 buildable lots with coastline, ocean and outlying island views (340 acres)
Features: Aqueducts; cascading waterfalls and fountains; open-air piazza
About the area: In the 93108 ZIP Code, based on 23 sales, the median sales price for single-family homes in March was $2.15 million, down 5.5% from March 2015, according to CoreLogic.
GAVIOTA: Set along the coastline on more than 200 acres, this oceanfront ranch centers on a Spanish-style main house built in 1920.
Address: 9751 El Camino Real, Gaviota, 93117
Listed for: $50 million for main house and nine guest/employee residences (214 acres)
Features: Equestrian facilities; abalone aquaculture operation; private beach
About the area: In the 93117 ZIP Code, based on 12 sales, the median sales price for single-family homes in March was $796,000, up 21.5% from March 2015, according to CoreLogic.
SANTA YNEZ: Mountain peaks and rolling hills form the backdrop for the equestrian estate known as Rancho Latigo.
Address: 3420 Brinkerhoff Ave., Santa Ynez, 93460
Listed for: $45 million for six bedrooms, 11 bathrooms in 13,438 square feet (4,674 acres)
Features: Detailed wrought-iron work; swimming pool and spa; horse facilities
About the area: In the 93460 ZIP Code, based on six sales, the median sales price for single-family homes in March was $829,000, down 46.5% from March 2015, according to CoreLogic.
— Neal J. Leitereg
Most expensive homes for sale in Santa Barbara County
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