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Homebuyers and sellers are navigating a slow and expensive housing market, with rising prices and stagnant demand on the sidelines. This comes amid rising and growing . But luxury homes—multimillion-dollar estates, sleek penthouses, and one-of-a-kind custom builds—are , even as most buyers pull back.

Most people can't afford high-end homes, although they're still fun to dream about. So, to highlight where luxury real estate is commanding the highest prices, Redfin analyzed the most expensive neighborhoods in the Santa Maria metro area—and showcased a few of the area's standout listings (when possible).

Note: Redfin's analysis focused on metro areas, meaning some neighborhoods fell within smaller nearby cities. Listings and data were gathered on October 15, 2025.

#1. Upper Village (Montecito, CA)

2260 Bella Vista Dr, Santa Barbara, CA 93108
- List price: $8,750,000
- Beds: 5 | Baths: 6 | Square feet: 7,052
- See 2260 Bella Vista Dr, Santa Barbara, CA 93108 on

670 Hot Springs Rd, Santa Barbara, CA 93108
- List price: $60,000,000
- Beds: 8 | Baths: 10.5 | Square feet: 13,629
- See 670 Hot Springs Rd, Santa Barbara, CA 93108 on

796 Hot Springs Rd, Santa Barbara, CA 93108
- List price: $8,995,000
- Beds: 3 | Baths: 3.5 | Square feet: 4,311
- See 796 Hot Springs Rd, Santa Barbara, CA 93108 on

888 Lilac Dr, Santa Barbara, CA 93108
- List price: $29,995,000
- Beds: 6 | Baths: 9 | Square feet: 13,599
- See 888 Lilac Dr, Santa Barbara, CA 93108 on

#2. Hope Ranch (Santa Barbara, CA)

4121 Creciente Dr, Santa Barbara, CA 93110
- List price: $14,750,000
- Beds: 6 | Baths: 6.5 | Square feet: 4,752
- See 4121 Creciente Dr, Santa Barbara, CA 93110 on

4145 Creciente Dr, Santa Barbara, CA 93110
- List price: $59,950,000
- Beds: 7 | Baths: 11 | Square feet: 11,764
- See 4145 Creciente Dr, Santa Barbara, CA 93110 on

4335 Marina Dr, Santa Barbara, CA 93110
- List price: $14,995,000
- Beds: 5 | Baths: 5.5 | Square feet: 5,265
- See 4335 Marina Dr, Santa Barbara, CA 93110 on

4558 Via Esperanza, Santa Barbara, CA 93110
- List price: $13,250,000
- Beds: 5 | Baths: 5.5 | Square feet: 5,098
- See 4558 Via Esperanza, Santa Barbara, CA 93110 on

#3. Cielito (Santa Barbara, CA)

125 W Mountain Dr, Santa Barbara, CA 93103
- List price: $5,995,000
- Beds: 3 | Baths: 3.5 | Square feet: 2,301
- See 125 W Mountain Dr, Santa Barbara, CA 93103 on

1903 Coyote Cir, Santa Barbara, CA 93108
- List price: $4,250,000
- Beds: 3 | Baths: 3 | Square feet: 2,351
- See 1903 Coyote Cir, Santa Barbara, CA 93108 on

450 El Cielito Rd, Santa Barbara, CA 93105
- List price: $4,995,000
- Beds: 4 | Baths: 4.5 | Square feet: 5,215
- See 450 El Cielito Rd, Santa Barbara, CA 93105 on

965 W Mountain Dr, Santa Barbara, CA 93103
- List price: $4,495,000
- Beds: 1 | Baths: 1.5 | Square feet: 1,296
- See 965 W Mountain Dr, Santa Barbara, CA 93103 on

#4. Eucalpytus Hill (Santa Barbara, CA)

125 Via Alicia, Santa Barbara, CA 93108
- List price: $4,495,000
- Beds: 3 | Baths: 3.5 | Square feet: 3,706
- See 125 Via Alicia, Santa Barbara, CA 93108 on

127 Via Alicia, Santa Barbara, CA 93108
- List price: $4,250,000
- Beds: 3 | Baths: 3 | Square feet: 2,819
- See 127 Via Alicia, Santa Barbara, CA 93108 on

1378 Sycamore Canyon Rd, Santa Barbara, CA 93108
- List price: $3,300,000
- Beds: 5 | Baths: 4.5 | Square feet: 3,456
- See 1378 Sycamore Canyon Rd, Santa Barbara, CA 93108 on

150 Cedar Ln, Santa Barbara, CA 93108
- List price: $4,250,000
- Beds: 5 | Baths: 4 | Square feet: 3,027
- See 150 Cedar Ln, Santa Barbara, CA 93108 on

#5. Waterfront (Santa Barbara, CA)

1114 Hill Rd, Santa Barbara, CA 93108
- List price: $6,495,000
- Beds: 4 | Baths: 2.5 | Square feet: 2,772
- See 1114 Hill Rd, Santa Barbara, CA 93108 on

218 Santa Barbara St, Santa Barbara, CA 93101
- List price: $1,850,000
- Beds: 2 | Baths: 2.5 | Square feet: 1,954
- See 218 Santa Barbara St, Santa Barbara, CA 93101 on

220 Santa Barbara St, Santa Barbara, CA 93101
- List price: $1,495,000
- Beds: 2 | Baths: 2.5 | Square feet: 1,954
- See 220 Santa Barbara St, Santa Barbara, CA 93101 on

411 Por La Mar Cir, Santa Barbara, CA 93103
- List price: $925,000
- Beds: 1 | Baths: 1 | Square feet: 700
- See 411 Por La Mar Cir, Santa Barbara, CA 93103 on