1151 Glenview Road, Montecito, CA 93108, Montecito, 93108 - 4 bed, 4 bath
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1151 Glenview Road
Montecito, CA 93108
ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
3,838Sq Ft
37,026Lot Size
Property Price
LIST PRICE$6,500,000
EST. MARKET VALUE
$6,741,515
3% BelowMARKET VALUE
SUMMARY
This Renovated Montecito Estate is a High-Potential Investment Opportunity, listed at $6,500,000—positioned well below the $6,741,516 Fair Market Value by 3%. This valuation gap offers $241,516 in Instant Equity. Featuring a Mint Condition Rating, the property includes a gourmet kitchen, pool and spa, and two detached casitas on a 0.85-acre lot. Located in the prestigious Pepper Hill neighborhood, this turnkey residence is ideal for Luxury Homebuyers or Discerning Investors seeking a prime, move-in ready asset.
Estimated Market Value
$6,741,515+$241,515 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Montecito.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1151 Glenview Road Subject | $6,500,000* List Price | 4 | 4 | 3,838 | $1,757 | - |
A 1151 Glenview Road Active | $1,500,000 | 4 | 4 | 3,838 | $1,693 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features a high-end, modern renovation with a gourmet kitchen including premium stainless appliances, marble countertops, and updated cabinetry. The bathrooms, flooring, and recessed lighting indicate a comprehensive update within the last 5 years, bringing the 1981 structure to mint, move-in condition.
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 = 37026, living area = 3838.
- Prestigious Location
Situated in Montecito's exclusive Pepper Hill neighborhood, the property offers elite access to the Upper Village, luxury amenities like the Rosewood Miramar, and top-rated school districts.
- Versatile Living Spaces
The inclusion of two detached casitas provides exceptional flexibility, serving as ideal accommodations for guests, a sophisticated home office, or a private fitness studio.
CONSRISKS & DEFICIENCIES
- Aggressive Price Appreciation
The current $6.5M asking price represents a significant jump from the $1.5M sale recorded in late 2024, which may lead to appraisal challenges or intense scrutiny of the renovation value.
- High Association Fees
The $2,400 association fee represents a substantial recurring carrying cost that may be a deterrent for buyers comparing this to other non-HOA luxury estates in the Montecito area.
About 1151 Glenview Road
Nestled in Montecito's prestigious Pepper Hill neighborhood, this renovated estate blends classic style with modern comfort. Set on about 0.85 acres, the 3,838 sq ft home offers four bedrooms, three-and-a-half baths, and two detached casitas - ideal for guests, a home office, or flexible living. Bright, open interiors feature quality finishes, a gourmet kitchen, and easy indoor-outdoor flow.Outdoor spaces include landscaped grounds, a pool, spa, and multiple patios, designed for both entertaining and everyday living.Conveniently located near Montecito's Upper Village, the property offers easy access to boutique shopping, dining, and cafes, as well as nearby hiking trails, beaches, the Rosewood Miramar, and the Montecito Club, along with top-rated schools within the Cold Water, Montecito, and Santa Barbara school districts. The neighboring property at 1157 Glenview Road is also available, offering potential for a larger estate or investment opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 37,026 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2400 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 6.0 |
| Baths | 4.0 | 9.0 |
| Square foot | 3,838 | 8,292 |
| Lot Size | 37,026 | 98,010 |
| Price | $6.50M | $7.20M |
| Price per sq ft | $1.7K | $868 |
| Built year | 1981 | 2009 |
| HOA | $2400 | $0 |
| Days on market | 58 | 119 |
Pricing History
Listed for Sale
Jul 13, 2026
$6,500,000
Initial Listing
Sold
Nov 8, 2024
$1,500,000
Public Record
Sold
Oct 20, 2020
$4,250,000
Public Record
Sold
Feb 14, 2014
$2,000,000
Public Record