1360 E Mountain Drive, MONTECITO, CA 93108, MONTECITO, 93108 - 8 bed, 12 bath
1360 E Mountain Drive
MONTECITO, CA 93108
Property Price
SUMMARY
Analysis of 1360 E Mountain Drive, MONTECITO, CA 93108 is currently available with a list price of $22,000,000. 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 MONTECITO 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.
Despite being built in 1962, this estate has clearly undergone an extensive, high-quality renovation, likely within the last 5-10 years. The kitchen features custom cabinetry, integrated high-end appliances, and pristine finishes. Bathrooms are luxurious with quality stone and tile work, all in excellent, well-maintained condition. Throughout the property, the flooring, light fixtures, and overall finishes are top-tier, showing no signs of wear or deferred maintenance, meeting current luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Montecito Location & Views
Nestled at the end of an incredible cobbled drive, this ocean view estate epitomizes the spirit of Montecito, offering proximity to hiking trails, the Villages, and SYR.
- Exceptional Amenities & Features
The property boasts a 2-bedroom guest house, a pool, cabana, and a private well, providing comprehensive luxury and self-sufficiency.
- Renowned Architecture & Design
Featuring Marc Appleton's timeless architecture, the property offers a thoughtful floor plan with formal and casual spaces, designed for both entertaining and private moments.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1962, the property is over 60 years old, which may necessitate updates to certain systems or components to meet modern standards, despite its timeless design.
- High Price Point
The $22,000,000 list price positions this property in an ultra-luxury segment, significantly limiting the potential buyer pool.
- Extensive Maintenance Requirements
A 2.8-acre estate with lush grounds, a pool, guest house, and multiple structures will likely incur substantial ongoing maintenance and operational costs.
About 1360 E Mountain Drive
Nestled at the end of an incredible cobbled drive, this gorgeous, 2.8-acre, ocean view estate epitomizes the spirit of Montecito! Marc Appleton's timeless architecture pairs beautifully with lush grounds & specimen trees to create the legacy property you've been waiting for. Formal spaces are perfect for entertaining while casual moments unfold beautifully in indoor/outdoor spaces. The main floor primary is a serene escape and 5 additional suites are perfect for family or guests. The thoughtful floor plan offers ample private spaces for work, fitness, media, & play. Multiple terraces showcase the verdant gardens & let you enjoy CA's year round climate. A 2bd guest house, pool, cabana, and private well offer everything on your wishlist and more. Near hiking trails, the Villages & the SYR!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1962
- Lot Size
- 121,968 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 12 (12 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 | 8.0 | 4.0 | 98% |
| Baths | 12.0 | 5.0 | 98% |
| Square foot | - | 3,681 | 9% |
| Lot Size | 121,968 | 43,560 | 90% |
| Price | $22.00M | $5.49M | 96% |
| Price per sq ft | $0 | $1.6K | 21% |
| Built year | 1962 | 1973 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 340 | 239 | 73% |
Pricing History
Listed for Sale
Apr 1, 2025
$22,000,000
Initial Listing