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1071 E Mountain Drive, MONTECITO, CA 93108, MONTECITO, 93108 - 4 bed, 4 bath

1071 E Mountain Drive, MONTECITO, CA 93108 home-pic-0
ACTIVE$7,995,000$2,661/sqft
Est. Value: $7,309,446
-8%
AboveEstimate
1071 E Mountain Drive, MONTECITO, CA 93108
4Beds
4Baths
2,661Sqft
57,935Lot

Price Vs. Estimate

The estimated value ($7,309,446.16) is $685,553.84 (8%) lower than the list price ($7,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 57935, living area = 2661.
Top Cons:
Year Built Discrepancy: The listed 'year_built' of 2025 appears to be a data anomaly, as the description refers to a 'completely renovated' home, suggesting an existing structure rather than a future build. This requires clarification for potential buyers.

Compared to the nearby listings

Price:$8.00M vs avg $6.00M (+$1,995,000)71%
Size:2,661 sqft vs avg 2,795 sqft40%
Price/sqft:$3.0K vs avg $1.4K94%

More Insights

Built in 2025 (1 years old).
Condition: The main residence has undergone a complete and extensive renovation, featuring wide-plank oak floors, Venetian plaster walls, and a chef's kitchen equipped with premium, new-looking appliances (Wolf range, Sub-Zero refrigerator, wine fridge), quartz countertops, and modern cabinetry. Bathrooms are also brand new with high-end finishes, contemporary fixtures, and stylish tiling. The guest house, while retaining some mid-century charm, is also extensively updated with Brazilian cherry floors, modern kitchen appliances, and updated bathrooms. The entire property appears virtually new and impeccably maintained, aligning with the 'excellent' criteria for a recently and extensively renovated property.
Year Built
2025
Close
-
List price
$8M
Original List price
-
Price/Sqft
$3,005
HOA
$0
Days on market
-
Sold On
-
MLS number
25-4182
Home ConditionExcellent
Features
Good View:
Deck
Patio
View-

About this home

Discover an extraordinary opportunity in the heart of Montecito: a private, manicured 1.33± acre estate featuring an elegant main home, thoughtfully designed for versatility and luxury, and a charming mid-century modern guest house/cottage. The main residence, is a completely renovated single-level home inspired by the iconic San Ysidro Ranch style, is a true architectural masterpiece. Every detail has been curated with precision—from Venetian plaster walls and vaulted ceilings to wide-plank oak floors and handcrafted wrought iron glass doors that open to serene gardens. The home offers three bedrooms and 2.5 baths, complemented by a chef's kitchen with premium finishes, creating an atmosphere of refined elegance and comfort. The guest house or 2nd residence, exudes character with its vaulted wood ceilings, Brazilian cherry floors, and cozy gas fireplace. This one-bedroom, one-bath retreat is ideal as a guest house, private studio, or income-generating rental. Each home enjoys its own driveway for privacy, with the main residence securely gated. Together, they form a tranquil compound perfectly suited for dual living, extended family, or hosting guests in style. This rare property combines timeless design, modern amenities, and exceptional flexibilityall in one of Montecito's most coveted locations.

S
Sandy Lipowski
Listing Agent
Condition Rating
Excellent
The main residence has undergone a complete and extensive renovation, featuring wide-plank oak floors, Venetian plaster walls, and a chef's kitchen equipped with premium, new-looking appliances (Wolf range, Sub-Zero refrigerator, wine fridge), quartz countertops, and modern cabinetry. Bathrooms are also brand new with high-end finishes, contemporary fixtures, and stylish tiling. The guest house, while retaining some mid-century charm, is also extensively updated with Brazilian cherry floors, modern kitchen appliances, and updated bathrooms. The entire property appears virtually new and impeccably maintained, aligning with the 'excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

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 = 57935, living area = 2661.
Prime Montecito Location: Situated in the heart of Montecito, this property offers an extraordinary opportunity in one of the area's most coveted and exclusive locations.
Exceptional Dual Living & Versatility: The estate features both an elegant main residence and a charming guest house/cottage, each with private driveways, perfectly suited for dual living, extended family, hosting guests, or potential income generation.
Luxurious Main Residence Renovation: The main home is a completely renovated single-level architectural masterpiece, inspired by the San Ysidro Ranch style, boasting Venetian plaster walls, vaulted ceilings, wide-plank oak floors, handcrafted wrought iron glass doors, and a chef's kitchen with premium finishes.
Charming & Well-Appointed Guest House: The mid-century modern guest house offers character with vaulted wood ceilings, Brazilian cherry floors, and a cozy gas fireplace, providing a private and comfortable retreat.
Private & Manicured Estate: Spanning a private, manicured 1.33± acre, the property ensures exclusivity and tranquility, with the main residence securely gated and separate driveways for each home.

Cons

Year Built Discrepancy: The listed 'year_built' of 2025 appears to be a data anomaly, as the description refers to a 'completely renovated' home, suggesting an existing structure rather than a future build. This requires clarification for potential buyers.
Limited Recreational Amenities: Despite the generous 1.33-acre lot size and luxury status, the property description does not mention common high-end recreational amenities such as a pool, spa, or dedicated sports courts, which might be expected in this price range and location.
High Price Point: With a listing price of nearly $8 million, this property is positioned at a very high price point, which inherently narrows the potential buyer demographic, even within the Montecito market.
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