1381 E Valley Road, Santa Barbara, CA 93108, Santa Barbara, 93108 - 3 bed, 2 bath
1381 E Valley Road
Santa Barbara, CA 93108
Property Price
SUMMARY
Analysis of 1381 E Valley Road, Santa Barbara, CA 93108 reveals a property with a current list price of $12,250,000, which is 21% above the estimated $10,056,693 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 Santa Barbara 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1381 E Valley Road Subject | $12,250,000* List Price | 3 | 2 | 3,933 | $2,557 | - |
A 2760 Sycamore Canyon Road Sold | $8,965,000 | 4 | 5 | 3,837 | $2,336 | 0.5 mi |
B 935 Arcady Road Active | $8,750,000 List Price | 4 | 4 | 3,838 | $2,280 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property, described as a '2017-built Montecito estate,' has undergone an extensive, high-end renovation or rebuild, making it virtually new. The images showcase a modern, luxurious design throughout, including a state-of-the-art kitchen with professional-grade Viking appliances, custom cabinetry, and unique countertops. Bathrooms feature marble finishes and contemporary fixtures, aligning with current quality standards. All components appear new or virtually new, with no signs of deferred maintenance, justifying an 'Excellent' rating.
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 = 44867, living area = 3933.
- Modern Luxury Design & Renovation
A 2017-built Montecito estate featuring high design, beamed ceilings, marble baths, and steel windows, offering contemporary elegance and quality.
- Extensive Outdoor Amenities
Manicured grounds on one lush acre include a pool, cabana, spa, fire features, fountains, and a sports court, providing a resort-like living experience.
CONSRISKS & DEFICIENCIES
- Original Construction Age
Despite being a '2017-built estate,' the property's original year_built is 1954, which may raise questions about underlying infrastructure not covered by the renovation.
- High Price Point
The $12.25 million list price targets a very exclusive buyer demographic, potentially leading to a longer market time compared to lower-priced properties.
- Significant Ongoing Maintenance
The extensive luxury amenities and manicured grounds, while desirable, will require substantial ongoing maintenance and associated costs.
About 1381 E Valley Road
Unlike anything else on the market, this 2017-built Montecito estate blends high design with effortless glamour. Tucked down a private drive near the Upper Village, the gated retreat offers privacy and style across one lush acre. The 3BD/4.5BA single-level home boasts beamed ceilings, marble baths, steel windows, and seamless indoor/outdoor living. The primary wing features 3 garden patios, dual baths, and dressing rooms. A chic Parisian-inspired guest villa adds 885 sq. ft. with 3BD/1.5BA and 14-ft ceilings. Manicured grounds include a pool, cabana, spa, fire features, fountains, and sports court. A rare Montecito offering, where every day feels like an escape from the outside world.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 44,867 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 4.0 | 40% |
| Baths | 2.0 | 5.0 | 14% |
| Square foot | 3,933 | 3,784 | 54% |
| Lot Size | 44,867 | 43,560 | 73% |
| Price | $12.25M | $5.49M | 88% |
| Price per sq ft | $3.1K | $1.6K | 93% |
| Built year | 1954 | 1973 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 190 | 237 | 30% |
Pricing History
Listed for Sale
Aug 29, 2025
$12,250,000
Initial Listing
Sold
Aug 26, 2013
$2,865,000
Public Record