1424 La Vereda Lane, MONTECITO, CA 93108, MONTECITO, 93108 - 3 bed, 4 bath

1424 La Vereda Lane, MONTECITO, CA 93108 home-pic-0

1424 La Vereda Lane

MONTECITO, CA 93108

ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
3,829Sq Ft
24,393.6Lot Size

Property Price

LIST PRICE$6,995,000
EST. MARKET VALUE
$7,398,542
5% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$7,398,542 +$403,542 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in MONTECITO.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1424 La Vereda Lane
Subject
$6,995,000*
List Price
343,829$1,932-
A
1114 Hill Road
Active
$6,495,000
List Price
432,772$2,3430.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

While originally built in 1922, the property underwent extensive and thoughtful renovations in 2023, placing it within the 5-year window for an excellent rating. The home features high-end finishes, a modern and richly functional kitchen, updated bathrooms, and preserved architectural details like vaulted beamed ceilings and plaster walls, all meeting current luxury standards with no deferred maintenance.

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 = 24393, living area = 3829.

CONSRISKS & DEFICIENCIES

About 1424 La Vereda Lane

Originally built in 1922 and designed by renowned architect Wallace Neff, this Spanish-style residence is a rare expression of Montecito's architectural heritage. Offering approximately 3,829± sq ft, the home includes 3 bd/3.5 baths and a dedicated office. Arched thresholds, plaster walls, and hand-forged details honor the home's origins, while 2023's thoughtful renovations integrate seamlessly. The living room features vaulted ceilings, exposed beams, and abundant natural light. The kitchen is richly functional, flowing naturally to adjacent living and dining areas. The primary bedroom opens to two patios, extending the living experience outdoors. Mature landscaping and terraces surround the home. Conveniently located near Montecito schools, the beach, and both Upper and Lower Village.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1922
Lot Size
24,393.6 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
40%
Baths4.05.0
50%
Square foot3,8293,784
50%
Lot Size24,393.643,560
32%
Price$7.00M$5.49M
60%
Price per sq ft$1.8K$1.6K
64%
Built year19221973
7%
HOA$0$0
50%
Days on market44237
2%

Pricing History

Listed for Sale

Feb 19, 2026

$6,995,000

$7,500,000

-7% Price Drop

Initial Listing

Price Change

Jan 22, 2026

$7,500,000

Initial Listing

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