Montecito is an unincorporated town in Santa Barbara County, California, United States. Located on the Central Coast of California, Montecito sits between the Santa Ynez Mountains and the Pacific Ocean. Montecito is best known for its concentration of prominent and wealthy residents. In 2024, the median home price was $7.5 million. For statistical purposes, the United States Census Bureau has defined Montecito as a census-designated place (CDP). The population as of 2022 is approximately 8,638 residents.