
Santa Barbara, CA 93108
This Mid-Century Ranch is a High-Potential Investment Opportunity, listed at $11,500,000—positioned above the $10,607,112 Fair Market Value. While priced at a premium, the property features a Mint Condition Rating and extensive luxury upgrades, including a custom steel and walnut kitchen and a detached guest villa. With a massive 44,867 sq. ft. lot and panoramic mountain views, this estate offers a rare, turnkey lifestyle. It is an ideal acquisition for Luxury Homebuyers or High-Net-Worth Owner-Occupants seeking a sophisticated, move-in ready sanctuary in Montecito.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1381 E Valley Road Subject | $11,500,000* List Price | 5 | 7 | 4,032 | $2,631 | - |
A 2760 Sycamore Canyon Road Sold | $8,965,000 | 4 | 5 | 3,837 | $2,336 | 0.5 mi |
B 2760 Sycamore Canyon Road Sold | $8,965,000 | 4 | 5 | 3,837 | $2,336 | 0.5 mi |
C 1381 E Valley Road Active | $11,500,000 List Price | 3 | 2 | 3,933 | $2,924 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a 'completely reimagined' mid-century ranch featuring high-end luxury finishes including a custom steel and walnut kitchen, Italian terrazzo pool deck, and handcrafted European tile. The visual evidence of the metal roof, modern steel-framed windows, and pristine interior indicates a comprehensive renovation within the last 5 years, placing it in mint condition.
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 = 4032.
The property features over 2,500 sq. ft. of handcrafted European tile and marble terraces, with every room designed to open effortlessly to lush, manicured gardens and mountain views.
A striking detached guest villa provides significant value, featuring soaring ceilings and two additional guest suites, offering a private and luxurious retreat for visitors or multi-generational living.
With a list price of $11.5 million for approximately 4,032 square feet, the property carries a high price-per-square-foot that may limit the pool of qualified buyers.
Situated on East Valley Road, a main thoroughfare in Montecito, the property may experience more ambient street noise compared to more secluded estates in the area.
Where gardens become an extension of daily living, and every room opens effortlessly to the outdoors, this mid century ranch honors today's modern living style. Nestled in the heart of town, yet in total tranquility, surrounded by approx 2,500 sq. ft. of handcrafted European tile and marble terraces, mature trees, and lush manicured landscaping. The completely reimagined single-level home offers 3 en suite bedrooms, custom steel and walnut kitchen anchoring the light-filled interiors. An Italian terrazzo pool deck and striking tiled pool lead to a detached guest villa, a true hidden gem featuring soaring ceilings, 2 guest suites, and an inviting main living space. A felt experience of authentic living awaits!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 7.0 | 0.0 |
| Square foot | 4,032 | - |
| Lot Size | 44,867 | - |
| Price | $11.50M | $2.43M |
| Price per sq ft | $2.9K | $1.3K |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 15 | 60 |
Jul 7, 2026
$11,500,000
Initial Listing
Aug 26, 2013
$2,865,000
Public Record