Jasmine Tennis Of Riskin Partners Estate Group Talks About Why The Santa Barbara Market Is No Longer Just For Second-Homes

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4300 Roblar Avenue, Santa Ynez, CA 93460

Photo Credit: Atlas Imagery

Riskin Partners Estate Group comprises four market leaders working together for nearly two decades. With over $3.5 billion in sales, their ensemble approach brings unparalleled insight to luxury buyers and sellers. The team is locally renowned and nationally respected for its elevated service, in-house bespoke marketing, and unrivaled expertise in representing exceptional properties in Montecito, Hope Ranch, and Santa Barbara. Their client-first dedication and one-of-a-kind team model have earned Riskin Partners its #1 position in sales for 14 out of the last 15 years.

As a third-generation Realtor on both sides of her family, Riskin Partner Jasmine Tennis’s love of luxury real estate comes from a deep-rooted understanding of how to seamlessly help clients find a home, from start to finish. With involvement in hundreds of transactions and over one billion in career sales, Jasmine has committed herself to providing luxury real estate buyers and sellers with the utmost level of dedication, advocacy, and an unparalleled standard of excellence.

Here, Jasmine talks with Haute Residence about the Santa Barbara / Montecito market and how it's no longer just for second homes.

What is unique about the Santa Barbara / Montecito market? 

The Santa Barbara and Montecito market is unique in many ways. Prior to the pandemic, about half of our buyers were looking for a second home. Since 2020, we have seen a major influx of young families coming to town to make our community their primary residence which has been an exciting change for us. We offer all the amenities of a big city and all the charm of a small town and think it’s a wonderful blend for all demographics!

What trends have you seen recently in the market?

We continue to see buyers willing to pay a premium for homes that are done and move-in ready. Single-level homes remain in high demand and more and more buyers are looking for homes with pickleball courts!

Why should someone buy in your market? 

Most people make their way to Montecito and Santa Barbara for the lifestyle. We have incredible weather year-round, gorgeous natural beauty, long stretches of sandy beaches, miles of hiking trails, a fabulous food scene, world-class amenities, and the charm of a small town. From an investment standpoint, Montecito and Santa Barbara offer a unique value proposition. Given our location between the mountains and the sea, there is only a limited stretch of land that is suitable for development. These natural boundaries create a scarcity that insulates us from many of the more volatile market swings that other communities experience.

What do you see for the future of your market?

We believe that Montecito and Santa Barbara will only become more valuable with time. People who can choose to live anywhere in the world continue to choose to live in our community and we don’t see that changing. The secret is out and we love welcoming new neighbors to our piece of paradise!

751 Buena Vista Drive, Montecito, CA 93108

Photo Credit: Jason Rick and Eric Foote

For more information, please contact Riskin Partners Estate Group at 805-565-8600 or team@riskinpartners.com

Riskin Partners Estate Group represents the Santa Barbara, CA real estate market as a member of the Haute Residence Real Estate Network. View all of their listings here.

 

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