In Bonnymede Shores, one of Montecito’s most private and tightly held coastal communities, where sales are rare and data scarce, Lisa Foley’s two recent closings have set new benchmarks that continue to shape local value trends. These meaningful transactions not only reflect the market but help define it, underscoring how success is determined not only by the home itself, but by the balance of rarity, positioning, and timing.
September 2025: A New Milestone
Our September 2025 sale of 1363 Plaza Pacifica established a new high-water mark for Bonnymede Shores real estate, signaling renewed confidence in the coastal luxury segment.
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Sale Price: $4,250,000.00
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Approx. Size: 911 sq. ft.
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Price per Square Foot: $4,665.00
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Time to Accepted Offer: 4 days
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All cash
This closing achieved the highest price per square foot ever recorded within the community—a remarkable milestone. Just as notable was the velocity: achieving an accepted offer in only four days at this level speaks to a rare alignment between strategic presentation, perceived value, and sophisticated buyer demand.
January 2026: Depth of Demand
If Plaza Pacifica set the ceiling, our January 2026 sale of 1308 Plaza de Sonadores confirmed the strength of the market beneath it, reinforcing the depth of buyer confidence across Bonnymede’s nuanced offerings.
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Sale Price: $2,139,000.00
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Approx. Size: 806 sq. ft.
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Price per Square Foot: $2,654.00
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Achieved Full Asking Price with Multiple Competing Offers
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All cash
This result underscores that buyer interest extends well beyond the oceanfront. Homes offering privacy, security, and proximity to the shore continue to attract decisive purchasers—even without direct water views. With multiple offers, this property attracted strong interest and achieved full asking price in just over a month on the market.
What These Two Sales Reveal
Viewed together, these transactions paint one of the clearest portraits of value Bonnymede Shores has seen in years:
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Price per square foot now spans from approximately $2,600+ for non-oceanfront residences to $4,600+ for prime oceanfront positioning.
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Orientation and exposure consistently outweigh raw square footage in determining desirability.
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Buyer decisiveness remains strong when a property is priced and presented with precision.
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Bonnymede Shores functions as a true micro-market, often distinct from broader Montecito patterns.
While Montecito overall has experienced steady upper-tier absorption, Bonnymede’s real estate results stand apart—showing how scarcity, prestige, and tactical representation sustain exceptional value, even in evolving conditions.
Why This Matters
For homeowners, these sales bring welcome clarity. For prospective sellers, they establish a modern precedent rooted in real data, not speculation. And for buyers, they reveal how tightly supply and opportunity remain connected in one of Montecito’s most exclusive coastal settings.
In a community where privacy is a priority, value is reflected in outcomes. These two Bonnymede transactions now serve as benchmarks, shaping current pricing metrics and informing the broader discussion of Montecito’s luxury real estate market.
Lisa’s Perspective
Having called Bonnymede home for over two decades, Lisa understands this community from the inside out—its history, rhythm, and the quiet appeal that encourages residents to stay for years. That lived perspective enriches her work as an agent, enabling her to speak to the nuances of value, lifestyle, and opportunity with uncommon authenticity. For those considering a move within Bonnymede or arriving from elsewhere, Lisa’s perspective as a longtime neighbor and trusted real estate professional gives clients a distinct advantage.
Put simply: All good news as we wrap up the first month of the new year. Prices are high and the market is strong!
