
Santa Barbara, CA 93108
This Stunning Montecito Estate is a High-Potential Investment Opportunity, listed at $12,250,000—positioned well below the $12,789,864 Fair Market Value by 4%. This valuation gap offers $539,864 in Instant Equity. Featuring a 5BD main residence, guest quarters, and mountain views, the property maintains a Mint Condition Rating. Its expansive one-acre lot and dual-gate access provide rare privacy. This is an ideal acquisition for Ultra-Luxury Homeowners or Discerning Investors seeking a prestigious, turnkey Santa Barbara legacy property.
Property is new construction or fully renovated.
Although built in 2002, the property is in mint condition with high-end finishes throughout. The bathroom features a recent luxury marble renovation (<5 years), and the overall estate shows no signs of wear, requiring no maintenance and appearing fully updated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 6366.
The property features a 5-bedroom main residence complemented by significant guest quarters, offering rare flexibility for multi-generational living or high-end hosting.
Situated on a flat, one-acre lot with dual-gate access and meticulously manicured gardens, the estate provides exceptional privacy and prestige in the 93108 zip code.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6366, other record living area = 4764.
Built in 2002, the interior finishes may require cosmetic updates to meet the contemporary aesthetic expectations of today's ultra-luxury buyers.
The expansive manicured hedges, citrus groves, and vegetable gardens necessitate significant ongoing landscaping and property management costs.
A Legacy Begins. The Bedford House is where memories are made. Mornings begin in the gardens picking citrus and tending vegetable beds, then long afternoons drift into dinner by the fireplace on the covered porch. Passing through the front gates and along manicured hedges, the estate unfolds into its own private world w another back gate opening to Live Oak Rd. Expansive lawns, fragrant plantings, and sunlit spaces invite both celebration and quiet adventure. The 5BD main residence is warm and welcoming, opening to a wraparound porch made for gathering. The magnificent guest quarters, with beautifully appointed living spaces, offers a rare kind of closeness, where family comes to stay, not just visit. Effortless, enduring, and deeply loved--The Bedford House is a home for every season.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 96% |
| Baths | 6.0 | 5.0 | 79% |
| Square foot | 6,366 | 3,732.5 | 92% |
| Lot Size | 43,560 | 41,382 | 52% |
| Price | $11.75M | $5.30M | 88% |
| Price per sq ft | $1.8K | $1.8K | 50% |
| Built year | 2002 | 1982 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 224 | 2% |
Jun 4, 2026
$11,750,000
$12,250,000
-4% Price Drop
Initial Listing
May 19, 2026
$12,250,000
Initial Listing
Sep 12, 2005
$850,000
Public Record