1140 E Mountain Drive, Santa Barbara, CA 93108, Santa Barbara, 93108 - 5 bed, 7 bath
1140 E Mountain Drive
Santa Barbara, CA 93108
Property Price
SUMMARY
Analysis of 1140 E Mountain Drive, Santa Barbara, CA 93108 is currently available with a list price of $21,995,000. 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 Santa Barbara 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 new construction or fully renovated.
Despite being built in 2002, this property appears to have undergone an extensive, high-end renovation, presenting as virtually new. The kitchen boasts professional-grade appliances, custom cabinetry, marble countertops, and modern fixtures. All bathrooms are luxuriously appointed with large format marble, contemporary vanities, and sleek glass showers. Throughout the home, pristine hardwood floors, modern lighting, and impeccable finishes indicate no deferred maintenance and meet current luxury quality standards.
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 = 244372, living area = 9711.
- Unparalleled Views & Location
The property boasts expansive ocean, island, and mountain views from its private setting above East Mountain Drive in desirable Santa Barbara, offering a truly exclusive and scenic living experience.
- Expansive & Private Estate
Situated on nearly six acres within a gated enclave of only three estates, this property provides exceptional privacy, security, and self-sufficiency with its own private well system.
CONSRISKS & DEFICIENCIES
- Extremely High Price Point
The list price of nearly $22 million significantly narrows the potential buyer pool to ultra-high-net-worth individuals, potentially extending market time.
- Specific Architectural Style
The 'contemporary Neoclassical-style' may appeal to a niche market, potentially limiting broader buyer interest compared to more universally preferred modern or traditional designs.
- High Maintenance Requirements
The extensive nearly six-acre grounds, lush landscaping, infinity-edge pool, and private well system imply substantial ongoing maintenance costs and effort, which could be a consideration for even affluent buyers.
About 1140 E Mountain Drive
Masterfully built with expansive ocean, island, and mountain views, this contemporary Neoclassical-style residence is privately set in lush landscaping above East Mountain Drive on nearly six acres with a private well system. This sophisticated gated home features large-scale entertaining rooms with soaring ceilings and majestic gallery walls. Multiple sets of south-facing French doors open to breathtaking vistas and myriad outdoor entertaining spaces. Exquisite details combine to create an elegant and livable home with a main floor primary suite of dual baths and closets, three sumptuous guest suites, and an extraordinary infinity-edge pool. Located in a gated enclave of only three estates with a private well system.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 244,372 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 7 (7 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 65% |
| Baths | 7.0 | 5.0 | 84% |
| Square foot | 9,711 | 3,784 | 95% |
| Lot Size | 244,372 | 43,560 | 96% |
| Price | $22.00M | $5.49M | 96% |
| Price per sq ft | $2.3K | $1.6K | 81% |
| Built year | 2002 | 1973 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 241 | 239 | 53% |
Pricing History
Listed for Sale
Jul 9, 2025
$21,995,000
Initial Listing