Real Estate Investment Properties for Sale in Montecito, CA

Looking for investment property in Montecito, CA with high ROI ?

Explore a variety of short-term homes & houses in Montecito, CA. Invest wisely with VRBO & Montecito, CA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Montecito, CA

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2891 Hidden Valley Lane Montecito, CA Exclusive retreat on peaceful Hidden Valley Lane in Montecito overlooking the Pacific Ocea...	4 beds \| 3 baths \| 4,447 sq.ft.	$4,250,000	Airbnb cash on cash: 1.78% Traditional cash on cash: -0.16% Airbnb Rental Income: $16523 Traditional Rental Income: $5941 Airbnb ROI: 1.78% Traditional ROI: -0.16%
670 Romero Canyon Road Montecito, CA Multiple living structures on a large parcel in Montecito. A great opportunity in the hear...	4 beds \| 4 baths \| 2,400 sq.ft.	$3,795,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 0.17% Airbnb Rental Income: $16523 Traditional Rental Income: $6877 Airbnb ROI: 2.08% Traditional ROI: 0.17%
195 E Mountain Drive Montecito, CA Framed by mature oaks and situated on an acre is this secluded Montecito gem nestled in th...	4 beds \| 4 baths \| 4,540 sq.ft.	$2,800,000	Airbnb cash on cash: 3.44% Traditional cash on cash: 1.61% Airbnb Rental Income: $16523 Traditional Rental Income: $8830 Airbnb ROI: 3.44% Traditional ROI: 1.61%
62 Canon View Road Montecito, CA Situated above Sycamore Canyon on Montecito's western edge, 62 Canon View is a stunning co...	4 beds \| N/A baths \| 3,415 sq.ft.	$2,995,000	Airbnb cash on cash: 3.06% Traditional cash on cash: 0.27% Airbnb Rental Income: $16523 Traditional Rental Income: $5839 Airbnb ROI: 3.06% Traditional ROI: 0.27%
202 E Mountain Drive Montecito, CA Discover a serene sanctuary in the coveted Cold Spring Elementary School District, where t...	4 beds \| 3 baths \| 2,886 sq.ft.	$2,999,000	Airbnb cash on cash: 3.09% Traditional cash on cash: -0.02% Airbnb Rental Income: $16523 Traditional Rental Income: $4929 Airbnb ROI: 3.09% Traditional ROI: -0.02%
2200 Bella Vista Drive Montecito, CA Nestled in the foothills of Montecito, this vast 21.22-acre estate unveils sweeping panora...	3 beds \| 2 baths \| 2,116 sq.ft.	$6,995,000	Airbnb cash on cash: 0.33% Traditional cash on cash: -0.42% Airbnb Rental Income: $11310 Traditional Rental Income: $4372 Airbnb ROI: 0.33% Traditional ROI: -0.42%
2820 Torito Road Montecito, CA Perched on a knoll-top amid lush coastal landscapes, this Traditional New England estate w...	4 beds \| 6 baths \| 7,006 sq.ft.	$11,625,000	Airbnb cash on cash: -0.11% Traditional cash on cash: -0.3% Airbnb Rental Income: $16523 Traditional Rental Income: $11543 Airbnb ROI: -0.11% Traditional ROI: -0.3%
356 Woodley Road Montecito, CA Set in the prestigious enclave of Montecito's Pepper Hill, this striking contemporary esta...	5 beds \| N/A baths \| 7,518 sq.ft.	$24,900,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.9% Airbnb Rental Income: $null Traditional Rental Income: $10861 Airbnb ROI: N/A Traditional ROI: -0.9%
2220 Bella Vista Drive Montecito, CA Stylish and sophisticated, this gated Mediterranean villa offers incredible privacy and br...	4 beds \| N/A baths \| 4,046 sq.ft.	$9,975,000	Airbnb cash on cash: -0.4% Traditional cash on cash: -0.55% Airbnb Rental Income: $16523 Traditional Rental Income: $12196 Airbnb ROI: -0.4% Traditional ROI: -0.55%
725 Ashley Road Montecito, CA Perched atop a knoll and nestled in one of Montecito's most coveted neighborhoods, this be...	5 beds \| 4 baths \| 2,820 sq.ft.	$5,900,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.03% Airbnb Rental Income: $null Traditional Rental Income: $8110 Airbnb ROI: N/A Traditional ROI: -0.03%
1445 School House Road Montecito, CA Discover this rare & secluded almost 2-acre treasure nestled in the heart of Montecito. Th...	4 beds \| N/A baths \| 2,103 sq.ft.	$7,250,000	Airbnb cash on cash: 0.25% Traditional cash on cash: -0.82% Airbnb Rental Income: $16523 Traditional Rental Income: $6389 Airbnb ROI: 0.25% Traditional ROI: -0.82%
650 San Ysidro Road Montecito, CA A rare midcentury modern gem located in the heart of Montecito, The Erving House, dubbed a...	3 beds \| N/A baths \| 4,080 sq.ft.	$16,975,000	Airbnb cash on cash: -0.9% Traditional cash on cash: -1.11% Airbnb Rental Income: $11310 Traditional Rental Income: $6006 Airbnb ROI: -0.9% Traditional ROI: -1.11%
2899 Hidden Valley Lane Montecito, CA Elegance meets tranquility at this stunning Palladian style estate on a quiet lane in Mont...	4 beds \| N/A baths \| 4,018 sq.ft.	$3,995,000	Airbnb cash on cash: 2.29% Traditional cash on cash: 1.3% Airbnb Rental Income: $16523 Traditional Rental Income: $9907 Airbnb ROI: 2.29% Traditional ROI: 1.3%
526 Crocker Sperry Drive Montecito, CA Mid-century elegance with a Palm Springs vibe and sweeping views in Montecito's guard-gate...	4 beds \| 5 baths \| 5,041 sq.ft.	$9,850,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 0.2% Airbnb Rental Income: $16523 Traditional Rental Income: $12409 Airbnb ROI: 0.33% Traditional ROI: 0.2%
1647 Posilipo Lane unit: B #B Montecito, CA Elegant Coastal Townhome Steps from the Rosewood Miramar and World-Class Beaches Ideally p...	3 beds \| N/A baths \| 2,147 sq.ft.	$3,750,000	Airbnb cash on cash: 0.9% Traditional cash on cash: -0.4% Airbnb Rental Income: $11310 Traditional Rental Income: $4703 Airbnb ROI: 0.9% Traditional ROI: -0.4%
1850 Jelinda Drive Montecito, CA Privately positioned behind the gates of Ennisbrook - Montecito's most coveted and seclude...	5 beds \| 7 baths \| 8,847 sq.ft.	$27,000,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.21% Airbnb Rental Income: $null Traditional Rental Income: $12462 Airbnb ROI: N/A Traditional ROI: -1.21%
2072 China Flat Road Montecito, CA John Saladino's West Coast Estate - Tucked away in Birnam Wood Golf Club's lushly landscap...	2 beds \| 6 baths \| 3,448 sq.ft.	$12,500,000	Airbnb cash on cash: -1.25% Traditional cash on cash: -0.74% Airbnb Rental Income: $4063 Traditional Rental Income: $9150 Airbnb ROI: -1.25% Traditional ROI: -0.74%

Real Estate investment in Montecito, CA

There are 17 properties for sale in the city of Montecito . The median list price in Montecito is $5,900,000 and the average price per square foot is $1,409. In October 2025, the average monthly cash on cash return in Montecito is N/A%. The average monthly rental income in Montecito is $8,110.

Montecito, CA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 17 investment properties available for sale in Montecito.

In 2025, the best neighborhood to buy investment property is Montecito.

The ROI for Long-Term is higher than the Short-Term in Montecito with average rental income of $8,110.

Your search for investment property begins and ends here

Investment Property for Sale in Montecito, CA

2891 Hidden Valley Lane

Montecito, CA

4 beds | 3 baths | 4,447 sq.ft.

$4,250,000

Airbnb cash on cash: 1.78%

Traditional cash on cash: -0.16%

Airbnb Rental Income: $16523

Traditional Rental Income: $5941

Airbnb ROI: 1.78%

Traditional ROI: -0.16%

670 Romero Canyon Road

Montecito, CA

4 beds | 4 baths | 2,400 sq.ft.

$3,795,000

Airbnb cash on cash: 2.08%

Traditional cash on cash: 0.17%

Airbnb Rental Income: $16523

Traditional Rental Income: $6877

Airbnb ROI: 2.08%

Traditional ROI: 0.17%

195 E Mountain Drive

Montecito, CA

4 beds | 4 baths | 4,540 sq.ft.

$2,800,000

Airbnb cash on cash: 3.44%

Traditional cash on cash: 1.61%

Airbnb Rental Income: $16523

Traditional Rental Income: $8830

Airbnb ROI: 3.44%

Traditional ROI: 1.61%

62 Canon View Road

Montecito, CA

4 beds | N/A baths | 3,415 sq.ft.

$2,995,000

Airbnb cash on cash: 3.06%

Traditional cash on cash: 0.27%

Airbnb Rental Income: $16523

Traditional Rental Income: $5839

Airbnb ROI: 3.06%

Traditional ROI: 0.27%

202 E Mountain Drive

Montecito, CA

4 beds | 3 baths | 2,886 sq.ft.

$2,999,000

Airbnb cash on cash: 3.09%

Traditional cash on cash: -0.02%

Airbnb Rental Income: $16523

Traditional Rental Income: $4929

Airbnb ROI: 3.09%

Traditional ROI: -0.02%

2200 Bella Vista Drive

Montecito, CA

3 beds | 2 baths | 2,116 sq.ft.

$6,995,000

Airbnb cash on cash: 0.33%

Traditional cash on cash: -0.42%

Airbnb Rental Income: $11310

Traditional Rental Income: $4372

Airbnb ROI: 0.33%

Traditional ROI: -0.42%

2820 Torito Road

Montecito, CA

4 beds | 6 baths | 7,006 sq.ft.

$11,625,000

Airbnb cash on cash: -0.11%

Traditional cash on cash: -0.3%

Airbnb Rental Income: $16523

Traditional Rental Income: $11543

Airbnb ROI: -0.11%

Traditional ROI: -0.3%

356 Woodley Road

Montecito, CA

5 beds | N/A baths | 7,518 sq.ft.

$24,900,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.9%

Airbnb Rental Income: $null

Traditional Rental Income: $10861

Airbnb ROI: N/A