
Montecito, CA 93108
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $6,300,000—positioned well below the $6,922,635 Fair Market Value by 8%. This valuation gap offers $622,635 in Instant Equity. Featuring a Mint Condition Rating with a modern chef's kitchen and panoramic ocean views, the property offers a seamless indoor-outdoor lifestyle in the prestigious Cold Spring School District. This is an ideal acquisition for discerning luxury buyers or owner-occupants seeking a turnkey coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1157 Glenview Road Subject | $6,300,000* List Price | 4 | 4 | 4,179 | $1,645 | - |
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.
Property is new construction or fully renovated.
Although built in 1980, the property has undergone a high-end, comprehensive renovation within the last 5 years. It features a modern chef's kitchen with premium appliances, updated wood flooring, contemporary lighting, and high-value additions like folding glass doors, placing it in mint, move-in-ready condition.
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 resale value and elite educational opportunities.
The home features sweeping, unobstructed views of the Pacific Ocean and Channel Islands from nearly every room, a highly coveted feature in the Montecito market.
The property carries a substantial association fee of $2,491, which adds a notable recurring carrying cost for the homeowner.
Despite being updated, the 1980 construction may still require attention to older systems or structural elements not addressed in cosmetic renovations.
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 | 43,996 | 98,010 |
| Price | $6.30M | $7.20M |
| Price per sq ft | $1.5K | $868 |
| Built year | 1980 | 2009 |
| HOA | $2491 | $0 |
| Days on market | 58 | 119 |
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