1465 E Mountain Drive, Santa Barbara, CA 93108, Santa Barbara, 93108 - 5 bed, 7 bath
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Santa Barbara, CA 93108
This Turnkey Montecito Estate is a High-Potential Investment Opportunity, listed at $12,900,000. While priced above the $11,786,681 Fair Market Value, the premium reflects its Mint Condition Rating and recent high-end renovations. Featuring panoramic ocean views, a dramatic pool/spa, and a 1.43-acre lot, this residence offers an elite lifestyle minutes from the San Ysidro Ranch. The versatile layout, including a dedicated media wing, ensures long-term appeal. This property is an ideal acquisition for Luxury Homeowners or Discerning Investors seeking a trophy asset in a premier location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1465 E Mountain Drive Subject | $12,900,000* List Price | 5 | 7 | 7,071 | $1,667 | - |
A 1465 E Mountain Drive Pending | $12,900,000 List Price | 5 | 7 | 7,071 | $1,824 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1994, the property has been meticulously renovated with high-end finishes. The kitchen features modern integrated appliances and contemporary cabinetry, and the interior shows mint condition with updated flooring and systems, qualifying it as a recent top-tier renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 62291, living area = 7071.
Situated minutes from the iconic San Ysidro Ranch and the Upper Village, this estate offers an elite lifestyle with immediate access to world-class hiking and high-end amenities.
The residence is masterfully designed to capture south-facing ocean views from nearly every primary living space, including the main-level primary suite and expansive upper-level decks.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
With a listing price more than double its 2020 sale price, the property's valuation relies heavily on the perceived value of recent renovations and current market peak conditions.
The expansive 1.43-acre grounds and large-scale amenities, including the pool, spa, and intricate landscaping, necessitate substantial ongoing upkeep and management costs.
Explosive views, effortless style and casual elegance - this is your Montecito moment! Presiding over 1.43 acres & minutes from the San Ysidro Ranch, this impeccable 5bd/6.5ba estate is a haven of beauty & comfort. Meticulously renovated w versatility in mind, the residence is designed to capture the south facing ocean views on the main level where the Primary Suite, LR, DR, FR & kitchen all open to expansive terraces, inspired landscaping & a dramatic pool/spa. Upstairs the 3 ensuite bedrooms flow out to a magnificent ocean-view deck, & on the lower level, a media room w a kitchenette & bathroom await guests. The estate's expansive grounds are imaginative, drought tolerant & breathtaking. Only a short distance to hiking & the upper village, this is a true destination resort.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 83% |
| Baths | 7.0 | 5.0 | 88% |
| Square foot | 7,071 | 3,732.5 | 92% |
| Lot Size | 62,291 | 41,382 | 81% |
| Price | $12.90M | $5.30M | 96% |
| Price per sq ft | $1.8K | $1.8K | 50% |
| Built year | 1994 | 1982 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 223 | 2% |
May 21, 2026
$12,900,000
Initial Listing
Sep 11, 2020
$5,500,000
Public Record