Here are some advantages and disadvantages of buying property in Summerland, California:

Advantages:
- Picturesque Location: Summerland is located in a beautiful beach town area surrounded by picturesque scenery along Santa Barbara's coastline. Residents can enjoy the ocean views and sunsets.
- Real Estate Value: Summerland's real estate value has increased significantly over the past decades, with high-end homes and properties at a premium price point.
- Reputable Schools: Public and private schools in Santa Barbara County are known for their academic excellence, so parents moving to Summerland can enjoy a great educational system for their children.
- Lifestyle: The community of Summerland offers residents the opportunity to enjoy a relaxed, laid-back lifestyle with numerous outdoor activities like hiking, biking, and surfing.

Disadvantages:
- High Cost of Living: The cost of living in Summerland is higher than average, with home prices being expensive, and the overall cost of necessities like groceries or utilities, among other things, is high.
- High Taxes: The tax rate is around 8% in Summerland, which can be higher than the national average.
- Traffic congestion: There are only one or two primary routes between Summerland and surrounding areas, which can cause traffic congestion, especially during peak tourist season.
- Risk of Natural Disasters: As Summerland is located along the coastline, residents may be susceptible to natural disasters like earthquakes and wildfires.

Overall, Summerland's advantages and disadvantages should be considered when making the decision to buy property in the village of Summerland.