120 Montecito Ranch Lane, SUMMERLAND, CA 93067, SUMMERLAND, 93067 - 12 bed, 23 bath

120 Montecito Ranch Lane, SUMMERLAND, CA 93067 home-pic-0
ACTIVE$70,000,000/sqft
120 Montecito Ranch Lane, SUMMERLAND, CA 93067
12Beds
23Baths
Sqft
Lot

Price Vs. Estimate

Estimation data not available

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 = 861616, living area = 21890.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 12, other record bedroom count = 5.

Compared to the nearby listings

Price:$70.00M vs avg $2.52M (+$67,481,386.5)83%
Size: sqft vs avg 1,264.5 sqft33%
Price/sqft:$0 vs avg $1.5K33%

More Insights

Built in 2005 (21 years old).
Condition: Built in 2005, this estate, known as The Bella Vista, presents as virtually new due to its unparalleled craftsmanship, finest finishes, and meticulous upkeep. The kitchen features high-end custom cabinetry, dark granite countertops, a large island, and professional-grade stainless steel appliances (e.g., Viking range), all in immaculate condition. While specific bathroom images are limited, the overall opulence, extensive use of marble, and luxurious amenities throughout the property strongly indicate that all 25 bathrooms meet the highest standards of quality and style, with no signs of wear or deferred maintenance. All components, from flooring and light fixtures to the extensive entertainment and equestrian facilities, appear to be in pristine, current-quality condition.
Year Built
2005
Close
-
List price
$70M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
25-701
Home ConditionExcellent
Features
Excellent View:
Pool
Spa
Patio
View-

About this home

Welcome to The Bella Vista Estate, a world renowned and truly exceptional private equestrian property spanning over 20 acres adjacent to coveted Montecito, CA. Boasting approximately 27,000 square feet of luxurious living space, this estate combines the grandeur of Neoclassical architecture inspired by the elegance of Italian and French 18th century Villa designs. With 12 bedrooms, 25 bathrooms, and an array of interior volume including a grand 34-foot-high formal marble entry framing explosive views of the Pacific Ocean and the Santa Ynez Mountains. This masterpiece includes large-scale living and dining rooms, a gourmet kitchen, breakfast room, family room, office/library, and a 5,000-bottle wine cellar with an adjacent tasting room. Every aspect of functionality and purpose has been me Welcome to The Bella Vista Estate, a world renowned and truly exceptional private equestrian property spanning over 20 acres adjacent to coveted Montecito, CA. Boasting approximately 27,000 square feet of luxurious living space, this estate combines the grandeur of Neoclassical architecture inspired by the elegance of Italian and French 18th century Villa designs. With 12 bedrooms, 25 bathrooms, and an array of interior volume including a grand 34-foot-high formal marble entry framing explosive views of the Pacific Ocean and the Santa Ynez Mountains. This masterpiece includes large-scale living and dining rooms, a gourmet kitchen, breakfast room, family room, office/library, and a 5,000-bottle wine cellar with an adjacent tasting room. Every aspect of functionality and purpose has been meticulously considered while remaining consistent with its geographic setting. Entertainment options are abundant and include amenities such as a 20-seat movie theater, a gym, spa, beauty salon, sports bar, and disco/ballroom accommodating up to 200 guests as well as an Olympic length infinity swimming pool. A separate guest wing and two additional 2 + 1.5 guest houses ensuring ample accommodations for generational holidays. The entire estate possesses a breathtaking setting that's just steps away from the sparkling Pacific coastline and the stunning Santa Ynez Mountain Range. The property also features a regulation size polo field (approximately 10 acres) with an adjacent polo clubhouse and lounge, a pool house, helicopter hangar (w/ two studio lofts + 2 staff kitchens), and a 32-car auto gallery. Majestic grounds include exquisitely landscaped gardens with streams, ponds, and waterfall, a 330-yard driving range, a putting green and sand trap with swing analytics equipment. In addition, historic Monarch Butterfly habitats gently hug two of the estates patio areas. Unparalleled craftsmanship, the finest finishes, and an array of amenities converge to create one of the world's most remarkable private estates.

T
Timothy Di Prizito
Listing Agent
Condition Rating
Excellent

Built in 2005, this estate, known as The Bella Vista, presents as virtually new due to its unparalleled craftsmanship, finest finishes, and meticulous upkeep. The kitchen features high-end custom cabinetry, dark granite countertops, a large island, and professional-grade stainless steel appliances (e.g., Viking range), all in immaculate condition. While specific bathroom images are limited, the overall opulence, extensive use of marble, and luxurious amenities throughout the property strongly indicate that all 25 bathrooms meet the highest standards of quality and style, with no signs of wear or deferred maintenance. All components, from flooring and light fixtures to the extensive entertainment and equestrian facilities, appear to be in pristine, current-quality condition.
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 = 861616, living area = 21890.
Unparalleled Luxury & Grandeur: Boasting 27,000 sq ft of Neoclassical architecture, 12 bedrooms, 25 bathrooms, and the finest finishes, this estate epitomizes world-class luxury and scale.
World-Class Amenities & Entertainment: Features an Olympic-length infinity pool, 20-seat theater, gym, spa, beauty salon, sports bar, disco/ballroom, and a 5,000-bottle wine cellar, offering comprehensive entertainment and wellness options.
Prime Coastal & Mountain Location: Situated on over 20 acres adjacent to coveted Montecito, offering explosive panoramic views of the Pacific Ocean and Santa Ynez Mountains.
Exceptional Equestrian & Automotive Facilities: Includes a regulation-size polo field with clubhouse, a helicopter hangar, and a 32-car auto gallery, catering to specialized luxury pursuits.
Expansive & Exquisitely Landscaped Grounds: Over 20 acres featuring majestic gardens, streams, ponds, waterfalls, a driving range, putting green, and unique Monarch Butterfly habitats.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 12, other record bedroom count = 5.
Extremely High Price Point: The $70,000,000 list price targets an exceptionally narrow segment of ultra-high-net-worth buyers, potentially extending market time.
Niche Market Appeal: The highly specialized amenities, such as the polo field and helicopter hangar, cater to a very specific lifestyle, which may not resonate with all luxury estate purchasers.
Significant Ongoing Operational Costs: An estate of this magnitude will demand substantial ongoing expenses for maintenance, staffing, utilities, and property taxes, requiring a buyer with considerable financial reserves beyond the purchase price.
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