In 1971 we bought our 2 story, 3 bdr, 2.5 bath home at McArthur and Ford Rd. for 47K - we were the first owner and my friend tells me it just sold for the 4th time at 2.7 mil.
I think my parents were fools for selling that house and I told them that then when they thought they were making out like thieves for selling at 100K. I still ask my 92 year old mother what on earth possessed her to sell. Stupid. Now shes penniless.
in Cal typically santa barbara has the highest prices. There are condos andl less expensive places in newport.