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Santa Barbara & Montecito February continued to reinforce what we’ve been seeing since the start of the year: tight inventory, resilient demand, and decisive buyers when the right property hits the market. While national headlines continue to debate interest rates and broader economic conditions, the Santa Barbara and Montecito markets remain fundamentally driven by lifestyle, limited land, and long-term wealth positioning. Inventory Remains Limited Available inventory across

Ellen DeGeneres has officially returned to the Montecito real estate scene with a $27.4 million off-market purchase in one of California’s most prestigious coastal communities. The acquisition marks her first major U.S. real estate move since relocating to England in 2024 — and reinforces Montecito’s continued appeal among high-net-worth buyers and celebrities alike. According to public records and reporting from Realtor.com, the estate was purchased in late November through