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1285 E Mountain Drive, Montecito, CA 93108, Montecito, 93108 - 4 bed, 7 bath

1285 E Mountain Drive, Montecito, CA 93108 home-pic-0
ACTIVE$10,950,000$6,533/sqft
Est. Value: $10,950,000
%
FairlyEstimate
1285 E Mountain Drive, Montecito, CA 93108
4Beds
7Baths
6,533Sqft
87,555.602Lot

Price Vs. Estimate

The estimated value ($10,950,000) is $0 (0%) lower than the list price ($10,950,000). 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 = 87555, living area = 6533.
Top Cons:
Potential for System Updates: Built in 1974, the property may require updates to major systems (e.g., HVAC, electrical, plumbing) to align with modern efficiency standards and luxury expectations, which are not explicitly detailed as recently upgraded.

Compared to the nearby listings

Price:$10.95M vs avg $6.00M (+$4,950,000)83%
Size:6,533 sqft vs avg 2,835 sqft88%
Price/sqft:$1.7K vs avg $1.4K64%

More Insights

Built in 1974 (52 years old).
Condition: Built in 1974, this property is well-maintained but shows significant signs of being outdated in many areas. While the main kitchen features high-end, relatively modern appliances, the cabinet style, backsplash, and overall aesthetic are traditional. Many bedrooms have dated wallpaper and traditional light fixtures. The secondary kitchen and some bathrooms appear quite old and basic. The property would require substantial cosmetic updates to meet current luxury standards, despite its grand scale and excellent upkeep.
Year Built
1974
Close
-
List price
$10.95M
Original List price
-
Price/Sqft
$1,676
HOA
$0
Days on market
-
Sold On
-
MLS number
V1-28960
Home ConditionFair
Features
Excellent View:
Deck
Patio
View-

About this home

Where dreams take shape, this breathtaking 2+/- acre estate offers an unrivaled setting with sweeping ocean and mountain views. Designed for both grand entertaining and intimate everyday living, the residence showcases an abundance of natural light, expansive interiors, and seamless indoor-outdoor flow. A thoughtful contemporary layout emphasizes high ceilings, elegant architectural details, and spacious rooms, creating an inviting ambiance. Large windows frame the stunning vistas, allowing the beauty of the surroundings to serve as an ever-changing backdrop.Beyond the residence, meticulously landscaped gardens and sprawling lawns set the stage for serene morning strolls and lively gatherings alike. A picturesque pond, sculpted hedges, and vibrant native plantings enhance the estate's natural beauty, offering a tranquil oasis just moments from fine dining, boutique shopping, and scenic hiking trails. As an added opportunity, the adjoining lot can be developed as a separate parcel, providing endless possibilities for expansion, a guest residence, or the creation of a private compound.

C
Cristal Clarke
Listing Agent
Condition Rating
Fair
Built in 1974, this property is well-maintained but shows significant signs of being outdated in many areas. While the main kitchen features high-end, relatively modern appliances, the cabinet style, backsplash, and overall aesthetic are traditional. Many bedrooms have dated wallpaper and traditional light fixtures. The secondary kitchen and some bathrooms appear quite old and basic. The property would require substantial cosmetic updates to meet current luxury standards, despite its grand scale and excellent upkeep.
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 = 87555, living area = 6533.
Unrivaled Views & Location: Situated in prestigious Montecito, the estate offers sweeping ocean and mountain views from a breathtaking 2+/- acre setting, providing an exclusive and picturesque environment.
Significant Development Potential: The adjoining lot can be developed as a separate parcel, presenting a rare opportunity for expansion, a guest residence, or the creation of a private compound, adding substantial future value.
Expansive & Elegant Interiors: The 6,533 sqft residence features a thoughtful contemporary layout with high ceilings, elegant architectural details, spacious rooms, abundant natural light, and seamless indoor-outdoor flow, ideal for luxury living and entertaining.
Meticulously Landscaped Grounds: The property boasts meticulously landscaped gardens, sprawling lawns, a picturesque pond, sculpted hedges, and vibrant native plantings, creating a tranquil and visually stunning outdoor oasis.
Prime Lifestyle Proximity: The estate is conveniently located just moments from Montecito's fine dining, boutique shopping, and scenic hiking trails, offering an unparalleled luxury lifestyle.

Cons

Potential for System Updates: Built in 1974, the property may require updates to major systems (e.g., HVAC, electrical, plumbing) to align with modern efficiency standards and luxury expectations, which are not explicitly detailed as recently upgraded.
Limited Buyer Pool: The ultra-luxury price point of $10.95 million targets a highly specific and limited buyer demographic, which could potentially result in a longer market time.
Absence of Explicit Modern Amenities: While elegant, the description does not highlight specific high-tech smart home features, dedicated entertainment rooms (e.g., home theater), or resort-style pool/spa facilities often expected in this luxury tier.
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