1035 Coyote Road, MONTECITO, CA 93108, MONTECITO, 93108 - 3 bed, 4 bath

1035 Coyote Road, MONTECITO, CA 93108 home-pic-0

1035 Coyote Road

MONTECITO, CA 93108

ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
2,475Sq Ft
33,976.801Lot Size

Property Price

LIST PRICE$3,475,000
EST. MARKET VALUE
$3,979,501
12% BelowMARKET VALUE

SUMMARY

Analysis of 1035 Coyote Road, MONTECITO, CA 93108 reveals a Prime Investment Opportunity with a current list price of $3,475,000—significantly undercutting the $3,979,501 Fair Market Value by 12%. This valuation gap indicates a +$504,501 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.

Estimated Market Value

$3,979,501 +$504,501 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in MONTECITO.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1035 Coyote Road
Subject
$3,475,000*
List Price
342,475$1,608-
A
1903 Coyote Circle
Active
$4,250,000
List Price
332,351$1,8080.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property is a 2024 rebuild that perfectly blends historic adobe charm with modern luxury. It features a high-end chef's kitchen equipped with Thermador appliances and granite countertops, complemented by folding steel-framed glass doors for indoor-outdoor living. With all-new systems, including a clay tile roof and copper gutters, and premium finishes like saltillo tile and rustic beams, the home is in pristine, move-in-ready condition with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 33976, living area = 2475.

  • Architectural Heritage & Modern Craftsmanship

    A rare fusion of historic Old California adobe and Tuscan farmhouse elegance, rebuilt in 2024 with high-end finishes including Thermador appliances and authentic 14-inch adobe walls.

  • Exceptional Natural Setting

    Situated on a private knoll featuring a seasonal waterfall, creek access, and panoramic ocean and mountain views, offering a unique sanctuary experience in Montecito.

CONSRISKS & DEFICIENCIES

  • Premium Price per Square Foot

    At 2,475 square feet for a $3.475M asking price, the property carries a high price-per-foot that may challenge buyers looking for more interior volume at this price point.

  • Rustic Studio Amenities

    The detached creek-side studio utilizes a composting toilet, which may be perceived as a drawback for luxury buyers expecting conventional plumbing in all living structures.

About 1035 Coyote Road

Tuscan-Inspired Adobe Retreat with ocean, mountain & creekside views. Perched on a private knoll above Montecito, 1035 Coyote Road offers incredible vista views framed by Oaks, sandstone croppings, and natural gardens. The property's winding path meanders along the Coyote Creek extension, leading past a rockfall that, after the rains, transforms into a captivating seasonal waterfall - a rare natural sanctuary right outside your door. Blending Tuscan farmhouse warmth with Old California adobe charm, the home was thoughtfully rebuit and expanded to honor its heritage while offering modern comfort. The main level features a guest suite with en-suite bath, powder room, and a chef's kitchen with Thermador appliances and granite counters. Folding steel-framed glass doors extend the kitchen to a sunlit patio for seamless indoor/outdoor living. The living room - once an historic adobe cottage - retains its authenticity with 14-inch adobe walls, satillo tile floors, rustic beams, and a stone fireplace. Upstairs, the primary retreat opens to a covered terrace with breathtaking ocean and mountain views, while another guest suite enjoys its own private patio and en-suite bath. Below, by the creek is a studio retreat, complete with water, composting toilet, shower, sink and viewing deck. Clay tile roof, copper gutters, and mature landscaping complete the home, while the surrounding grounds invite peaceful strolls, al fresco gatherings, and a deep connection to Montecito's natural beauty. 1035 Coyote road is a rare fusion of Old California heritage and Tuscan elegance - rebuilt with modern systems enduring craftsmanship, and the spirit of Montecito.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2024
Lot Size
33,976.801 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
40%
Baths4.05.0
50%
Square foot2,4753,681
29%
Lot Size33,976.80143,560
37%
Price$3.48M$5.33M
27%
Price per sq ft$1.4K$1.6K
40%
Built year20241973
99%
HOA$0$0
50%
Days on market36237
2%

Pricing History

Listed for Sale

Jan 30, 2026

$3,475,000

Initial Listing

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