1196 East Mountain Drive, MONTECITO, CA 93108, MONTECITO, 93108 - 6 bed, 11 bath
ACTIVE$29,995,000$10,851/sqft
Est. Value: $29,995,000
%
FairlyEstimate
1196 East Mountain Drive, MONTECITO, CA 93108
6Beds
11Baths
10,851Sqft
284,011.188Lot
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 targets an extremely narrow segment of the market, which can result in a longer sales cycle and requires a very specific, affluent buyer.
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 1993 (33 years old).
Condition: Despite being built in 1993, the listing explicitly states 'newly renovated estate,' which is strongly supported by the images. The kitchen is truly 'showstopping' with high-end stainless steel appliances, luxurious marble countertops and backsplash, and modern cabinetry. Bathrooms are equally 'luxe,' featuring contemporary designs, freestanding tubs, glass-enclosed showers, marble vanities, and stylish fixtures. Wide-plank wood floors, modern light fixtures, and pristine condition throughout the property indicate a comprehensive, high-quality renovation completed very recently, meeting current luxury standards with no visible deferred maintenance.
Year Built
1993
Close
-
List price
$30M
Original List price
-
Price/Sqft
$2,764
HOA
$0
Days on market
-
Sold On
-
MLS number
25-2136
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
Riskin Partners
Listing Agent
Condition Rating
Excellent
Despite being built in 1993, the listing explicitly states 'newly renovated estate,' which is strongly supported by the images. The kitchen is truly 'showstopping' with high-end stainless steel appliances, luxurious marble countertops and backsplash, and modern cabinetry. Bathrooms are equally 'luxe,' featuring contemporary designs, freestanding tubs, glass-enclosed showers, marble vanities, and stylish fixtures. Wide-plank wood floors, modern light fixtures, and pristine condition throughout the property indicate a comprehensive, high-quality renovation completed very recently, meeting current luxury standards with no visible 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.
Unmatched Panoramic Views: The estate offers truly unmatched panoramic ocean, island, and mountain views from its elevated position in the Montecito hills, a highly coveted feature.
Luxury Renovation & Design: Recently renovated, the grand main residence boasts soaring ceilings, wide-plank wood floors, arched French doors, a showstopping kitchen, and a luxe primary suite with dual bathrooms and closets, reflecting high-end finishes and modern appeal.
Extensive Accommodations & Privacy: With three additional bedroom suites and two separate guest houses, alongside a private gated setting on a substantial 6.5-acre lot, the property offers exceptional space, privacy, and versatility for residents and guests.
Resort-Style Outdoor Amenities: The stunning outdoor spaces feature an outdoor kitchen, pool, spa, meticulously maintained gardens, and multiple terraces, creating a comprehensive luxury resort experience at home.
Prestigious Montecito Location: Nestled in the exclusive hills of Montecito, the property benefits from one of California's most desirable and affluent addresses, ensuring enduring value and prestige.
Cons
Ultra-Luxury Price Point: The nearly $30 million asking price targets an extremely narrow segment of the market, which can result in a longer sales cycle and requires a very specific, affluent buyer.
High Ongoing Maintenance & Operational Costs: An estate of 10,851 sqft on 6.5 acres with multiple structures and extensive amenities (pool, spa, outdoor kitchen, gardens) demands substantial ongoing expenses for upkeep, utilities, landscaping, and potential staffing.
Specific Buyer Profile: The grand scale and specific architectural elements, while luxurious, may appeal to a very particular buyer seeking an expansive, traditional estate experience, potentially limiting appeal to those desiring more contemporary or minimalist designs.