1196 E Mountain Drive, Santa Barbara, CA 93108, Santa Barbara, 93108 - 6 bed, 11 bath
ACTIVE$29,995,000$10,851/sqft
Est. Value: $29,995,000
%
FairlyEstimate
1196 E Mountain Drive, Santa Barbara, CA 93108
6Beds
11Baths
10,851Sqft
284,011Lot
Price Vs. Estimate
The estimated value ($29,995,000) is $0 (0%) lower than the list price ($29,995,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 284011, living area = 10851.
Top Cons:
Ultra-Luxury Price Point: The nearly $30 million asking price places this property in a highly exclusive market segment, significantly limiting the pool of potential buyers.
Compared to the nearby listings
Price:$30.00M vs avg $6.00M (+$23,995,000)98%
Size:10,851 sqft vs avg 2,835 sqft98%
Price/sqft:$2.8K vs avg $1.4K93%
More Insights
Built in 2004 (22 years old).
Condition: Despite being built in 2004, the listing explicitly states 'newly renovated estate,' and the images confirm this. The kitchen features high-end, modern appliances, custom cabinetry, and luxurious marble countertops and backsplash, appearing virtually new. Bathrooms are equally impressive with contemporary fixtures, freestanding tubs, glass-enclosed showers, and stylish tile work. Wide-plank wood floors, modern light fixtures, and impeccable overall finishes throughout the property indicate a recent, extensive renovation to current luxury standards, with no signs of wear or deferred maintenance.
Year Built
2004
Close
-
List price
$30M
Original List price
-
Price/Sqft
$2,764
HOA
$0
Days on market
-
Sold On
-
MLS number
25543751
Home ConditionExcellent
Features
Excellent View:
Pool
Spa
Patio
View-
About this home
Nestled in the hills of Montecito, this newly renovated estate offers unmatched panoramic ocean, island, and mountain views. The grand main residence features soaring ceilings, wide-plank wood floors, arched French doors, a showstopping kitchen, a formal dining room, and a luxe primary suite with dual bathrooms and closets. Three additional bedroom suites, two guest houses, and stunning outdoor spaces; complete with an outdoor kitchen, pool, spa, gardens, and multiple terraces, create an unmatched living experience in a private gated setting.
R
Robert Riskin
Listing Agent
Condition Rating
Excellent
Despite being built in 2004, the listing explicitly states 'newly renovated estate,' and the images confirm this. The kitchen features high-end, modern appliances, custom cabinetry, and luxurious marble countertops and backsplash, appearing virtually new. Bathrooms are equally impressive with contemporary fixtures, freestanding tubs, glass-enclosed showers, and stylish tile work. Wide-plank wood floors, modern light fixtures, and impeccable overall finishes throughout the property indicate a recent, extensive renovation to current luxury standards, with no signs of wear or deferred maintenance.
Pros & Cons
Pros
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 = 284011, living area = 10851.
Unrivaled Views & Location: Nestled in the exclusive Montecito hills, this estate offers unmatched panoramic ocean, island, and mountain views from a highly sought-after and prestigious address.
Newly Renovated Luxury Estate: The property has been newly renovated, featuring a grand main residence with soaring ceilings, wide-plank wood floors, and a 'showstopping kitchen,' reflecting modern high-end luxury.
Extensive Accommodations & Guest Facilities: Beyond the 6-bed, 11-bath main residence, the estate includes three additional bedroom suites and two separate guest houses, providing exceptional space for family, staff, or entertaining.
Resort-Style Outdoor Amenities: The stunning outdoor spaces are complete with an outdoor kitchen, pool, spa, meticulously maintained gardens, and multiple terraces, creating a private resort-like living experience.
Exceptional Privacy & Gated Security: Situated on a substantial 6.5-acre lot within a private gated setting, the property ensures utmost exclusivity, tranquility, and security for its residents.
Cons
Ultra-Luxury Price Point: The nearly $30 million asking price places this property in a highly exclusive market segment, significantly limiting the pool of potential buyers.
Substantial Ongoing Maintenance: A property of this magnitude (over 10,000 sqft, 6.5 acres, multiple structures, pool, spa, gardens) will incur considerable ongoing costs for maintenance, utilities, and property taxes.
Niche Market Appeal: While luxurious, the property's grandeur and extensive features cater to a very specific ultra-luxury demographic, which can sometimes lead to longer market times compared to broader market properties.