
Montecito, CA 93108
This Stunning Move-In Ready Home represents a Strong Value Opportunity, listed at $6,300,000—positioned well below the $6,875,462 Fair Market Value by 8%. This valuation gap offers $575,462 in Instant Equity for the discerning buyer. Featuring a Mint Condition Rating, the property boasts a Chef's Kitchen, Ocean Views, and a Seamless Indoor-Outdoor Flow. Located in the prestigious Cold Spring School District, this residence is an ideal sanctuary for Luxury Homeowners or Sophisticated Investors seeking a premier Montecito lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1157 Glenview Road Subject 4 bd · 4 ba · 4,179 sqft · $1,423 | $5,948,000* List Price | 4 | 4 | 4,179 | $1,423 | - |
A 1151 Glenview Road Active 4 bd · 4 ba · 3,838 sqft · $1,693 · 0.0 mi | $1,500,000 | 4 | 4 | 3,838 | $1,693 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end modern renovation within the last 5 years. It features a fully updated chef's kitchen with premium stainless steel appliances, quartz countertops, and contemporary cabinetry. The interior is in mint condition with updated light wood flooring, modern light fixtures, and large folding glass doors that open to expansive ocean views.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43996, living area = 4179.
Situated in the prestigious Pepper Hill neighborhood within the top-rated Cold Spring School District, offering both high real estate value and elite educational access.
The property features sweeping, unobstructed views of the Pacific Ocean and Channel Islands from nearly every room, significantly enhancing its luxury appeal.
The property carries a substantial association fee of $2,491, which adds a significant recurring expense to the overall cost of ownership.
Despite being updated, the 1980 build date may imply older underlying systems or architectural elements that could require more maintenance than a contemporary construction.
Set in Montecito's sought-after Pepper Hill neighborhood and within the Cold Spring School District, this updated 4-bedroom home offers approximately 4,330 square feet of thoughtfully designed living space with sweeping views of the ocean and Channel Islands. High ceilings, wood flooring, and refined finishes create a warm, inviting atmosphere, while expansive windows and doors fill the home with natural light and seamlessly connect indoor and outdoor living, offering views from nearly every room.The main level is centered around a spacious living area that opens to a large patio, complemented by a wet bar and a dining room that connects to a more intimate outdoor space. The primary suite is conveniently located on the first floor, featuring large sliding doors that lead to a private patio. The kitchen is well-positioned to integrate with the home's central living areas, allowing for an easy flow suited to both everyday living and entertaining.Outdoor spaces are designed for both relaxation and enjoyment, featuring an ocean-view deck, citrus trees, a built-in BBQ, and multiple garden areas that enhance both beauty and functionality. Just minutes from Montecito's Upper Village, beaches, hiking trails, the Rosewood Miramar, the Montecito Club, and highly regarded schools, this property offers an ideal balance of privacy and accessibility. The neighboring home at 1151 Glenview Road is also available, presenting a rare opportunity to own two adjacent properties in one of Montecito's most desirable locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 6.0 |
| Baths | 4.0 | 9.0 |
| Square foot | 4,179 | 8,292 |
| Lot Size | 43,995 | 98,010 |
| Price | $5.95M | $7.20M |
| Price per sq ft | $1.4K | $868 |
| Built year | 1980 | 2009 |
| HOA | $2491 | $0 |
| Days on market | 103 | 119 |
Sep 22, 2026
$5,948,000
$6,300,000
-6% Price Drop
Initial Listing
Jul 13, 2026
$6,300,000
Initial Listing
Nov 8, 2024
$1,500,000
Public Record
Oct 20, 2020
$3,350,000
Public Record
Dec 12, 2014
$2,387,500
Public Record