1114 Hill Road, MONTECITO, CA 93108, MONTECITO, 93108 - 4 bed, 3 bath
ACTIVE$6,495,000$2,772/sqft
Est. Value: $6,440,104
%
FairlyEstimate
1114 Hill Road, MONTECITO, CA 93108
4Beds
3Baths
2,772Sqft
18,295Lot
Price Vs. Estimate
The estimated value ($6,440,103.77) is $54,896.23 (0%) lower than the list price ($6,495,000). 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 = 18295, living area = 2772.
Top Cons:
Age of Property: Built in 1957, the property may have aging infrastructure or systems that could require future maintenance or upgrades beyond the updated kitchen.
Compared to the nearby listings
Price:$6.50M vs avg $6.00M (+$495,000)57%
Size:2,772 sqft vs avg 2,795 sqft46%
Price/sqft:$2.3K vs avg $1.4K88%
More Insights
Built in 1957 (69 years old).
Condition: The property features a recently updated, modern kitchen with high-end stainless steel appliances, white cabinetry, and contemporary countertops, which is a significant strength. Living areas boast well-maintained hardwood floors, pitched beamed ceilings, and river rock fireplaces, contributing to a charming aesthetic. While the home is move-in ready and appears well-maintained overall, at least one bathroom exhibits a dated style with grey and yellow tiling and traditional fixtures, suggesting it was renovated 15-30 years ago or is original and well-preserved. The property's 1957 build year indicates an older structure, but the key updates and overall good condition of major components prevent it from falling into the 'Fair' category, despite some areas showing their age aesthetically.
Year Built
1957
Close
-
List price
$6.5M
Original List price
-
Price/Sqft
$2,343
HOA
$0
Days on market
-
Sold On
-
MLS number
25-2661
Home ConditionGood
Features
Good View:
Deck
Pool
Patio
View-
About this home
This quintessential Montecito beach cottage on an oversized lot offers a central location between Montecito's Lower Village and Butterfly Beach. This desirable location is within the coveted MUS and a short walk to the boutiques, restaurants, & cafes of Coast Village Road. The opening-soon Nobu at the Four Seasons Biltmore, Thomas Keller's new restaurant at the Coral Casino, the Rosewood Miramar, and the celebrated Music Academy of the West headline the area's casually elegant coastal amenities. The open layout of this four-bedroom home includes an updated kitchen and spacious living room and family room. While poised to create your ideal beach retreat, the interiors exude a charming coastal aesthetic featuring paneled walls, pitched beamed ceilings, and river rock fireplaces.
D
Don Johnston
Listing Agent
Condition Rating
Good
The property features a recently updated, modern kitchen with high-end stainless steel appliances, white cabinetry, and contemporary countertops, which is a significant strength. Living areas boast well-maintained hardwood floors, pitched beamed ceilings, and river rock fireplaces, contributing to a charming aesthetic. While the home is move-in ready and appears well-maintained overall, at least one bathroom exhibits a dated style with grey and yellow tiling and traditional fixtures, suggesting it was renovated 15-30 years ago or is original and well-preserved. The property's 1957 build year indicates an older structure, but the key updates and overall good condition of major components prevent it from falling into the 'Fair' category, despite some areas showing their age aesthetically.
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 = 18295, living area = 2772.
Exceptional Montecito Location: Centrally located between Montecito's Lower Village and Butterfly Beach, offering a short walk to Coast Village Road's boutiques, restaurants, and cafes, and proximity to luxury amenities like Nobu, Four Seasons Biltmore, and Rosewood Miramar.
Coveted School District: The property is situated within the highly desirable Montecito Union School (MUS) district, a significant draw for families.
Oversized Lot: Features a generous 18,295 sqft lot, providing ample space for privacy, potential expansion, or extensive landscaping in a prime area.
Charming Architectural Details: Exudes a quintessential Montecito beach cottage aesthetic with charming interior features such as paneled walls, pitched beamed ceilings, and river rock fireplaces.
Updated Kitchen: The home includes an updated kitchen, offering a modern and functional space for cooking and entertaining.
Cons
Age of Property: Built in 1957, the property may have aging infrastructure or systems that could require future maintenance or upgrades beyond the updated kitchen.
Potential for Further Investment: The description suggests the property is 'poised to create your ideal beach retreat,' implying that significant additional investment or renovation may be required to fully modernize or customize it to luxury standards.
Lack of Mentioned Modern Comforts: The description does not specify modern amenities such as air conditioning, smart home technology, or energy-efficient features, which might be expected by buyers at this price point in a luxury market.