1196 E Mountain Drive, Santa Barbara, CA 93108, Santa Barbara, 93108 - 6 bed, 11 bath
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Santa Barbara, CA 93108
This Newly Renovated Montecito Estate is listed at $29,995,000, aligning precisely with its $29,995,000 Fair Market Value. Boasting a Turnkey Condition Rating, the residence features a designer kitchen, wide-plank wood floors, and a luxe primary suite with dual bathrooms. The 6.5-acre compound offers panoramic ocean and mountain views, a pool, spa, and two guest houses, ensuring a private lifestyle sanctuary. While the property has seen extended market time, its comprehensive high-end updates provide a modern, maintenance-free experience for high-net-worth families or luxury estate collectors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1196 E Mountain Drive Subject | $29,995,000* List Price | 6 | 11 | 10,851 | $2,764 | - |
A 1140 E Mountain Drive Active | $21,995,000 List Price | 5 | 7 | 9,711 | $2,265 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This estate has undergone a comprehensive high-end renovation, featuring a showstopping designer kitchen with premium marble countertops and professional-grade appliances. The interior boasts wide-plank wood floors, contemporary light fixtures, and vaulted beamed ceilings. The property is in turnkey condition with no deferred maintenance, offering modern luxury finishes that meet the highest current quality standards.
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.
The estate offers rare, unobstructed views of the Pacific Ocean, Channel Islands, and Santa Ynez Mountains, providing a quintessential Montecito luxury experience from nearly every room.
Spanning over 6.5 acres, the property includes a massive 10,851-square-foot main residence plus two guest houses, offering unparalleled privacy and versatility for hosting or multi-generational living.
With over 320 days on the market, the property may face perception challenges regarding its pricing strategy or specific buyer appeal in the current high-end luxury climate.
The sheer scale of the 11-bathroom interior and expansive 6.5-acre grounds necessitates significant ongoing maintenance, staffing, and high operational costs.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 92% |
| Baths | 11.0 | 4.0 | 99% |
| Square foot | 10,851 | 3,601 | 99% |
| Lot Size | 284,011 | 40,293.1 | 98% |
| Price | $30.00M | $5.31M | 99% |
| Price per sq ft | $2.8K | $1.7K | 94% |
| Built year | 2004 | 1981 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 327 | 239 | 76% |
May 30, 2025
$29,995,000
Initial Listing