1034 Fairway Road Road, MONTECITO, CA 93108, MONTECITO, 93108 - 1 bed, 1 bath
1034 Fairway Road Road
MONTECITO, CA 93108
Property Price
SUMMARY
Analysis of 1034 Fairway Road Road, MONTECITO, CA 93108 is currently available with a list price of $1,195,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the MONTECITO Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained, showing clear evidence of updates despite its 1973 construction. The kitchen features updated cabinetry, granite countertops, recessed lighting, and stainless steel appliances. While the carpeting and some wood built-ins reflect a more traditional style, the overall condition is clean with no visible deferred maintenance, fitting the criteria for a well-maintained home with functional major systems.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Montecito Location
The property is situated in one of Montecito's most desirable areas, offering immediate proximity to Butterfly Beach, the Music Academy of the West, and the high-end dining and boutiques of Coast Village Road.
- Exclusive Enclave
Located within El Montecito Verde, a secluded Mediterranean-style community, the residence provides a rare sense of privacy and exclusivity for a condominium.
- Lock-and-Leave Convenience
The property is ideal for a seasonal retreat or a low-maintenance primary residence, offering the security and ease of a condominium lifestyle without compromising on character.
CONSRISKS & DEFICIENCIES
- High Association Fees
The listed association fee of $4,300 is exceptionally high for a one-bedroom unit, which may deter budget-conscious buyers or impact the property's investment yield.
- Limited Square Footage
At 876 square feet with only one bedroom and one bathroom, the property offers limited space for guests, families, or those requiring a dedicated home office.
- Vintage Infrastructure
Built in 1973, the building may require updates to its core systems or common areas to align with the modern luxury standards typically expected at this price point in Montecito.
About 1034 Fairway Road Road
Welcome to El Montecito Verde, a secluded and exclusive enclave of charming Mediterranean-style condominiums tucked away in one of Montecito's most desirable locations. This second-floor, one-bedroom, one-bath residence lives like a private home, offering the ease of condominium living with a true lock-and-leave lifestyle. Set quietly and safely elevated on a coastal bluff, the property enjoys a peaceful, hidden-away feel while remaining moments from Butterfly Beach, the Music Academy of the West, and the boutiques and dining of Coast Village Road. Whether used as a full-time residence or a refined seasonal retreat, this home offers the ideal balance of privacy, convenience, and classic Montecito charm. El Montecito Verde is perfectly suited for those seeking a low-maintenance lifestyle without compromising location, serenity, or characteran exceptional opportunity to live near everything that defines Montecito living.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $4300 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 18% |
| Baths | 1.0 | 2.0 | 18% |
| Square foot | 876 | 1,658 | 32% |
| Lot Size | - | - | 50% |
| Price | $1.20M | $3.56M | 14% |
| Price per sq ft | $1.4K | $1.6K | 36% |
| Built year | 1973 | 1974 | 45% |
| HOA | $4300 | $952 | 95% |
| Days on market | 50 | 204 | 14% |
Pricing History
Listed for Sale
Jan 16, 2026
$1,195,000
Initial Listing