120 Montecito Ranch Lane, Summerland, CA 93067, Summerland, 93067 - 12 bed, 25 bath

120 Montecito Ranch Lane
Summerland, CA 93067
Property Price
SUMMARY
Analysis of 120 Montecito Ranch Lane, Summerland, CA 93067 is currently available with a list price of $69,575,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Summerland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2005, this magnificent estate, while 19 years old, presents in virtually new condition due to its world-class construction, meticulous maintenance, and high-end finishes. The kitchen features top-of-the-line Viking appliances, dark granite countertops, and custom cabinetry, all appearing pristine. Bathrooms are opulent with marble, custom painted vanities, and gold-toned fixtures, reflecting exceptional quality and no signs of wear. Throughout the property, luxurious materials like hardwood, marble, and crystal chandeliers are impeccably maintained, indicating no deferred maintenance and meeting the highest current quality standards for a luxury estate.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 861617, living area = 32174.
- Unparalleled Scale & Luxury Amenities
This estate boasts an extraordinary 32,174 sqft main residence with 12 bedrooms and 25 bathrooms, complemented by an exhaustive suite of world-class amenities including a private cinema, gym, spa, beauty salon, sports bar, ballroom, Olympic-length infinity pool, polo field, helicopter hangar, and auto gallery.
- Prestigious Location & Expansive Grounds
Sited on an extremely rare 19-acre lot bordering the highly prestigious city of Montecito, the property offers exceptional privacy, exclusivity, and significant land value in one of the most coveted locations.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 32174, other record living area = 21890. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 12, other record bedroom count = 5.
- Niche Market & Limited Buyer Pool
With a list price of nearly $70 million and highly specialized amenities, this property caters to an extremely exclusive and limited buyer demographic, potentially extending market time.
- Substantial Ongoing Operational Costs
An estate of this immense scale and with such extensive amenities will incur exceptionally high annual expenses for maintenance, utilities, staffing, and property taxes, which could be a significant consideration for even affluent buyers.
About 120 Montecito Ranch Lane
A globally recognized private estate bordering the highly prestigious city of Montecito, this magnificent retreat is sited in one of the most coveted locations on an extremely rare 19-acre lot. This extraordinary estate is a masterful expression of Neoclassical design, drawing inspiration from the refined villas of 18th-century Italy and France. The main residence offers 12 bedrooms and 25 bathrooms, defined by remarkable scale and volume. A striking marble entry hall opens to breathtaking views of the Pacific Ocean and the Santa Ynez Mountains, setting the tone for the home's grand yet livable interiors. Formal and informal living spaces include expansive living and dining rooms, a gourmet kitchen with breakfast area, family room, office/library, and an elite-level wine cellar with adjacent tasting room. Thoughtful design and functionality are seamlessly woven throughout, complementing the estate's natural surroundings. Designed for elevated living and entertaining, the property features an exceptional suite of amenities, including a private cinema, gym, spa, beauty salon, sports bar, ballroom/disco accommodating up to 200 guests, and an Olympic-length infinity pool. A private guest wing and two additional guest houses provide ideal accommodations for extended family and guests. The expansive grounds showcase a regulation-size polo field (approximately 10 acres) with clubhouse, pool house, helicopter hangar with studio lofts, auto gallery, and lush landscaped gardens with streams, ponds, and waterfalls. Recreational features include a 330-yard driving range, putting green, and sand trap, while historic Monarch butterfly habitats gracefully border select outdoor living areas. A rare combination of scale, craftsmanship, and world-class amenities, this magnificent estate stands among the finest private residences ever offered.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 861,617 Sq. Ft.
Interior
- Total Bedrooms
- 12
- Total Bathrooms
- 25 (25 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 12.0 | 3.0 | 90% |
| Baths | 25.0 | 2.5 | 90% |
| Square foot | 32,174 | 1,383 | 90% |
| Lot Size | 861,617 | 3,702 | 90% |
| Price | $69.58M | $2.36M | 90% |
| Price per sq ft | $2.2K | $1.7K | 80% |
| Built year | 2005 | 1928 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 67 | 226 | 10% |
Pricing History
Listed for Sale
Dec 30, 2025
$69,575,000
Initial Listing
































