1163 Camino Viejo Road, Santa Barbara, CA 93108, Santa Barbara, 93108 - 4 bed, 3 bath
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Santa Barbara, CA 93108
This Traditional Montecito Residence is a Strong Value Opportunity, listed at $4,700,000—positioned well below the $5,063,244 Fair Market Value by 7%. This valuation gap offers $363,244 in Instant Equity. Featuring a Gourmet Chef's Kitchen and an Excellent Condition Rating, the home offers a turnkey lifestyle within the prestigious Cold Spring School District. With expansive grounds and Panoramic Mountain Views, this property is an ideal acquisition for Owner-Occupants seeking a luxury sanctuary or Long-Term Investors prioritizing location and land utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1163 Camino Viejo Road Subject | $4,700,000* List Price | 4 | 3 | 2,756 | $1,837 | - |
A 1383 School House Road Sold | $5,800,000 | 4 | 3 | 2,926 | $1,982 | 0.5 mi |
B 725 Ashley Road Pending | $5,900,000 List Price | 5 | 4 | 2,820 | $2,092 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1973, the property features a high-end kitchen remodel (Wolf/Dacor appliances, cherry cabinetry) and updated bathrooms that appear to be in the 10-15 year age range. The home is exceptionally well-maintained, functional, and move-in ready, fitting the criteria for a property with a 5-15 year old renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 38333, living area = 2756.
The property is situated within the highly coveted Cold Spring School District, a top-tier designation that significantly enhances long-term investment value and desirability for families.
Set on nearly an acre of park-like land, the lot offers rare usability in Montecito with mountain views and ample space for a potential pool, cabana, or ADU.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1973, the traditional two-wing floor plan and aesthetic may require further modernization to appeal to buyers seeking contemporary open-concept living.
At a list price of $4.7M for approximately 2,756 square feet, the property commands a premium price point that may challenge appraisal expectations for some buyers.
TRADITIONAL ELEGANCE ON +/-ACRE: Timeless 4BR/3BA residence on extraordinary park-like grounds in COLD SPRING SCHOOL DIST. The serene home with 2 wings has formal living/dining rooms, clerestory windows, beam ceilings, and 2 fireplaces. Family Room overlooks expansive lawns & gardens with walking paths, mature trees, seating vignettes, and captivating mountain views. Remodeled kitchen has custom cherry cabinets, Celadon granite, dual Dacor ovens & Wolf range. Primary suite with 3 closets and en suite bath, has seating area to enjoy views and access to backyard oasis. 2 bedrooms, hall bath also reside in this wing. The 4th bedroom suite/office is in the opposing wing. Exceptional, usable grounds have potential for pool terrace, cabana or ADU. This is Montecito living at its most enduring
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,756 | - |
| Lot Size | 38,333 | - |
| Price | $4.70M | $2.43M |
| Price per sq ft | $1.7K | $1.3K |
| Built year | 1973 | 0 |
| HOA | $0 | $0 |
| Days on market | 43 | 60 |
Jun 9, 2026
$4,700,000
Initial Listing