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The 2006–07 Sta. Lucia Realtors season was the 14th season of the franchise in the Philippine Basketball Association (PBA). The season was notable for drafting Filipino American star Kelly Williams.
The team also notable for trading second year guard Alex Cabagnot and Kenneth Duremdes to the Coca-Cola Tigers in order to ease their salary cap.
Playing all of the available game dates, the Realtors were seen to be tired going into Game One, while the Barakos had their last game a month earlier, receiving a bye up to the quarterfinal round.
The Realtors were tired, head coach Alfrancis Chua said, of losing, at the post-game press conference after their victory at the Araneta Coliseum. On Game 2, Sta. Lucia failed to capitalize on their last-second possessions as the Bulls upended them in overtime. With the series tied, and perhaps the long list of games they've played catching up on them, the Realtors were blown out by Red Bull on the third game at the Yñares Center at Antipolo, where they're beaten only once.
On the fourth game, Sta. Lucia kept up with the Barakos but were outlasted at the fourth quarter to drop out of contention; Red Bull now has four straight semifinals appearances.