
MONTECITO, CA 93108
This Newly Renovated Montecito Estate serves as a premier Move-in Ready Sanctuary listed at $29,995,000, representing a stable entry point at its $29,995,000 Fair Market Value. Holding an exceptional Condition Rating of 2, the residence features a designer kitchen and Panoramic Ocean and Mountain Views. The 6.5-acre grounds include two guest houses and a resort-caliber Pool and Spa, ensuring total privacy and scale. This world-class property is an ideal match for High-Net-Worth Families or Luxury Lifestyle Seekers prioritizing a turnkey, high-amenity coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1196 East Mountain Drive Subject | $29,995,000* List Price | 6 | 11 | 10,851 | $2,764 | - |
A 771 Garden Lane Active | $34,900,000 List Price | 7 | 13 | 11,170 | $3,124 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1993 estate has undergone a comprehensive, high-end renovation within the last 5 years, bringing it to like-new condition. The property features a showstopping designer kitchen with book-matched marble backsplashes and islands, professional-grade stainless steel appliances, and custom cabinetry. Throughout the home, there are new wide-plank wood floors, modern light fixtures, and updated steel-framed arched doors. The outdoor living spaces, including the pool and outdoor kitchen, are in pristine condition, meeting the highest luxury standards with no deferred maintenance.
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 and unobstructed vistas of the Pacific Ocean, Channel Islands, and Santa Ynez Mountains, providing a world-class backdrop from nearly every vantage point.
Recently updated with high-end finishes, including wide-plank wood floors and a showstopping designer kitchen, the home offers a modern, move-in-ready experience.
The massive scale of the 10,851-square-foot residence, 11 bathrooms, and expansive landscaped grounds will require a substantial annual budget for maintenance and staffing.
Located in the Montecito hills, the property may be subject to higher fire insurance premiums and strict vegetation management requirements common to high-risk wildland-urban interfaces.
While the elevation provides the views, the hillside location may involve steep terrain or winding access, which can be a drawback for buyers seeking flat, usable lawn space.
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 | 284,011.188 | 40,293.1 | 98% |
| Price | $30.00M | $5.31M | 99% |
| Price per sq ft | $2.8K | $1.7K | 94% |
| Built year | 1993 | 1981 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 328 | 240 | 76% |
May 30, 2025
$29,995,000
Initial Listing