670 Perugia Way, Los Angeles, CA 90077, listed by Ernie Carswell

Photo Credit: Jonathan Golden

“I am so proud of the City of West Hollywood.  Of all the Los Angeles regional townships, West Hollywood has been visionary in its development plan for the beautification of the famous Sunset Strip retail & restaurant locations. Impressive world-class hotels have located here. Parks and broad avenues have been created. West Hollywood is a joy.” - Ernie Carswell, West Hollywood, CA.

22065 Pacific Coast Hwy, Unit 1, Malibu, CA 90265, Listed by Jeff Chertow

Photo Credit: Marcelo Lagos

"Malibu is still one of the most sought after locations in the world. I believe that prices will continue to increase as inventory is low. In 2020 we saw an influx of people moving to Malibu and I believe that people who have moved here have realized what an incredible place Malibu is." - Jeff Chertow, Malibu, CA.

Miramar Beach, Montecito, CA 93108, listed by Cristal Clarke

Photo Credit: David Palermo

“Montecito has seen exceptionally strong sales volumes in 2020 as the urban flight into our local communities continues. This, combined with increased Buyer activity from local homeowners, is expected to continue in the early part of 2021 and I see no reason for it to be otherwise.” - Cristal Clarke, Montecito, CA.

3555 Shaw Ranch Road, Pasadena CA 91107, listed by Tim Durkovic

Photo Credit: Mark Liddell

“Based on what has been happening as we close out 2020, I fully expect the Pasadena market to continue to thrive into 2021. Our median price just broke 1M and we are still seeing tight inventory, which is leading to multiple offers on many transactions at every price point! There is an influx of people wanting to live in Pasadena from the more western areas of LA because buyers typically can get more space, more house for their money, and a fantastic overall quality of life, all while still being minutes to everything.” - Tim Durkovic, Pasadena, CA.

Montecito, CA, listed by Wendy Gragg

Photo Credit: David Palermo Photography

“November marked the 13^th consecutive month of very low inventory and it set an all-time record low of only 1.99 months of supply.  Buyers, especially from Los Angeles and San Francisco have created a record-breaking year in sales revenue in 2020.  I expect to see low supply and strong demand continue into 2021.” - Wendy Gragg, Santa Barbara, CA.

2576 Bowmont Dr, Beverly Hills, CA 90210, listed by Jeff Hyland

Photo Credit: Hilton & Hyland

“Just as the Spanish Flu gave birth to the Roaring Twenties, we feel the years ahead have many records that will be broken. Buyers who want to be in here have multiple residences and California Taxes aren’t any concern.” - Jeff Hyland, Bel-Air, CA.

650 Picacho Lane, Montecito, CA 93108, listed by Joyce Rey

Photo Credit: Roy Gelbart | One Shot Productions

“I am anticipating that 2021 will be the best year ever for Luxury Real Estate in Southern California. Normally December is a relatively quiet month! However, the Joyce Rey team is currently negotiating five properties between five and $20 million, which is an extraordinary number at any time! Both hope and optimism are evident with vaccines on the horizon! An improving economy and renewed focus on the home environment will spur residential investments in 2021!” - Joyce Rey, Beverly Hills, CA.

Beach House, 1300 The Strand, Hermosa Beach, CA 90254, listed by Cindy Shearin

Photo Credit: Linda Cotter

“With the new year upon us, we expect a continuing robust market in the greater South Bay. Luckily, real estate here has been hot for both the buyer and the seller during the 2020 pandemic. This has been largely due to our area's desirability in which to live, low inventory, and minimal new construction." - Cindy Shearin, South Bay area, CA.

4639 Gorham Drive, Corona del Mar, CA 92625, listed by Timothy Norman Tamura

Photo Credit: Andrew Bramasco

“The overall Corona del Mar market has seen a 32% increase in sales for 2020 vs. 2019.  The year over year growth in Corona del Mar can be attributed in part to pent up demand following the initial pause caused by Covid-19, migration from dense urban metro markets, i.e. NY, LA, SF, and historically low-interest rates.  The foregoing factors have placed pressure on the already strained inventory.  For 2021, it appears the current pace will continue, unless and until inventory and demand are more in equilibrium.” - Timothy Norman Tamura, Corona del Mar, CA.

12776 Aurora PL #3, Playa Vista, CA 90293, listed by Kris Zacuto

Photo Credit: Hilton & Hyland

"We anticipate seeing current trends continue with a slight rise in home sales and home prices in most Silicon Beach areas - such as Westchester, Mar Vista and Playa Del Rey. Playa Vista home sales should also maintain similar levels in 2021 although prices behave a bit differently in that market as home and condo prices are seeing decreases year over year." - Kris Zacuto, Silicon Beach, CA.

The post Southern California Real Estate Expectations For 2021 appeared first on Haute Residence by Haute Living.

Cristal Clarke presents

Located on a private, gated lane on Montecito’s revered Miramar beach and a stone’s throw from the new Rosewood Miramar Hotel, rests this impeccably-renovated beach house. The beachfront homes on Miramar Beach are treasured in the community and rarely turnover ownership. This home, in particular, distinguishes itself as one of the few that have been so generously updated, with an extensive list of modern conveniences and amenities.

The home consists of three levels, each featuring high-end materials and finishes and sets of bi-fold doors opening to balconies overlooking the beach. The entry and top level features a unique retracting skylight, ensuring ample natural light and serves as a continuation of the beach living. The top level also offers a half bathroom, kitchen with top-of-the-line stainless steel appliances and comfortable living space which flows seamlessly to the balcony. The master bedroom suite sits on the mid-level and is complete with a spacious bedroom and sumptuous bathroom with double vanity. The lower/beach level consists of a versatile second bedroom or den with a full bathroom. The lower deck has stairs to the sand, and a discrete hatch offering access to a large lower storage space. An exterior staircase provides convenient access from the beach level to the top level. Two designated parking spaces are reserved for this home, and guest parking is available. This is a once in a lifetime opportunity to own an iconic piece of the Santa Barbara coast.

Address: Miramar Beach, Montecito, CA 93108

Price: $7,950,000

For more information, please contact Cristal Clarke at (805) 886-9378 or cristal@montecito-estate.com

Cristal Clarke is the exclusive agent representing the Montecito, CA real estate market as a member of the Haute Residence Real Estate Network. View all of her listings here.

Photo Credit: David Palermo

Photo Credit: David Palermo

Photo Credit: David Palermo

Photo Credit: David Palermo

Photo Credit: David Palermo

Photo Credit: David Palermo

The post A Beachfront Home In Montecito By Cristal Clarke appeared first on Haute Residence by Haute Living.

Photo Credit: David Palermo

How has the luxury real estate market in Montecito been performing so far in 2020?

The luxury real estate market in Montecito and Santa Barbara is picking up as of this point in 2020 and, overall, we’re expecting to see trends similar to those we experienced in 2019. Last year was one of the most productive years for beach properties. Prices held strong and there was a lot of activity. Also in 2019, many buyers were getting great deals above $10M, and we saw homes that were priced competitively and/or those that were renovated within the last 5 years selling much quicker.

Photo Credit: David Palermo

What are buyers looking for in their homes in Montecito in 2020?

We’re seeing a lot of buyers looking for in-home conveniences such as whole-house systems, including easy light and temperature controls, the ability to shut down and secure the home at the touch of a button, and other state-of-the-art amenities. Some buyers are simplifying by downsizing. Additionally, since buyers flock to Montecito and Santa Barbara for our incredible Mediterranean climate, they want to capitalize on that with indoor/outdoor living: bi-fold doors, outdoor fireplaces and kitchens, sprawling terraces and verandas, loggias, and so on.

Photo Credit: Jim Bartsch

Photo Credit: David Palermo

Which has been a highlight sale for you so far in 2020?

My highlight sale so far this year was at 800 Cold Springs Road in Montecito, where I represented the buyer. It’s a historic property that was the last parcel owned by the Armour family for over 100 years. The Armours led the meatpacking industry in Chicago. They purchased over 70 acres in Montecito as a wedding gift for their daughter and named the estate “El Mirador.” Over the years, the property was parceled off and sold. This was the last remaining parcel. Its 13.75 acres hosts the original guardhouse, grotto, ruins of the original house and unlimited potential. There is truly nothing like it.

Photo Credit: Jim Bartsch

Are there any new restaurants or other spots in your market you’ve been loving lately?

Flor de Maiz is a new restaurant just outside of Santa Barbara’s trendy “Funk Zone.” They have fun, experimental Mexican/Oaxacan-influenced cuisine. The setting is fantastic, too, with a lively patio looking out to the palm trees and ocean. In Montecito, the exclusive Rosewood Miramar Beach hotel is a great place to hang out, with several restaurants, bars and lounging spots. The resort opened its doors last year and has welcomed the community with open arms. The oceanside bar is a beautiful place for happy hour or enjoying a fabulous Sunday brunch at the Malibu Farm Café. It’s easy to relax and lose an entire day there!

Photo Credit: Jim Bartsch

It’s time for spring break. What is a fun activity in your market?

There really is something for everyone in Santa Barbara and Montecito. World-class beaches extend along the entire coastline and are the perfect place to relax, swim, surf or just people watch. My personal favorite is Montecito’s Miramar Beach. Or one can explore the trails of the Santa Barbara foothills by horseback at Circle Bar B Stables on the Gaviota Coast or by foot on the endless hiking trails. There are trails for all fitness levels just minutes from wherever you are. Some lead to spectacular vantage points overlooking the entire city of Santa Barbara, Pacific Ocean and beyond to the Channel Islands. And there are discrete hot springs nestled in the mountains. Nearby, the Santa Ynez Valley, a.k.a. Santa Barbara Wine Country, is a great destination for an easy day trip. There are dozens and dozens of world-class wineries and their tasting rooms, fantastic restaurants and cafés, and several charming small towns. In Santa Barbara, Cal Coast Adventures has bikes, stand-up paddleboards or kayaks for rent for the length of your trip. On the water, The Condor Express hosts whale watching cruises, while the Double Dolphin offers sunset sails along the coast, with a full bar. If you’re looking for an all-day experience, Santa Barbara Adventure Company has kayak and hiking tours of the beautiful Channel Islands, 26 miles off the coast.

Photo Credit: Circle Bar B Guest Ranch & Stables

Photo Credit: Four Seasons Resort, Biltmore Santa Barbara

The post Cristal Clarke Talks Montecito Real Estate And Things To Do During March appeared first on Haute Residence by Haute Living.