1650 E Valley Road, Santa Barbara, CA 93108, Santa Barbara, 93108 - 7 bed, 6 bath
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1650 E Valley Road
Santa Barbara, CA 93108
ACTIVE
CONDITION: GOOD
7Beds
6Baths
6,366Sq Ft
43,560Lot Size
Property Price
LIST PRICE$11,750,000
EST. MARKET VALUE
$11,750,000
SUMMARY
This Stunning Montecito Estate is listed at $11,750,000, reflecting a stable price point aligned with its $11,750,000 Fair Market Value. Reimagined in 2002, the property maintains an Excellent Condition Rating with high-end finishes and a 2-bedroom guest house. Situated in the prestigious Montecito Union School District, the estate offers a private sanctuary featuring mountain views, a wrap-around porch, and a bocce court on a sprawling one-acre lot. This turnkey residence provides a rare blend of historical character and modern luxury, making it an ideal acquisition for discerning luxury buyers or multi-generational families.
Estimated Market Value
$11,750,000
Based on Realkey algorithm analyzing recent comparable sales in Santa Barbara.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1650 E Valley Road Subject | $11,750,000* List Price | 7 | 6 | 6,366 | $1,846 | - |
A 1381 E Valley Road Active | $11,500,000 List Price | 5 | 7 | 4,917 | $2,339 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property was extensively reimagined in 2002. While the major renovation is approximately 24 years old, the home is in pristine condition with high-end finishes, including marble-clad bathrooms and coffered ceilings. It is exceptionally well-maintained and move-in ready, avoiding the 'dated' feel typically associated with the 'Fair' category.
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 = 43560, living area = 6366.
- Prime Montecito Location
Situated in the prestigious Montecito Union School (MUS) district, this estate offers a highly sought-after address with exceptional privacy provided by mature hedges and dual gated entries.
- Versatile Guest Accommodations
The property includes a separate 2-bedroom guest house, originally a 1916 carriage house, offering rare flexibility for multi-generational living, a home office, or high-end guest hosting.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6366, other record living area = 4764.
- Market Pricing Sensitivity
A recent $500,000 price reduction shortly after listing indicates the property is still finding its market value in a competitive high-end segment.
- Aging 2002 Renovation
Although reimagined in 2002, the interior finishes and major systems are now over two decades old, which may necessitate further modernization to meet the expectations of today's luxury buyers.
About 1650 E Valley Road
Beautiful Days. Cherished Memories. The story of Bedford House began in 1916, where what is now the 2bd guest quarters served as the carriage house to one of Glen Oaks' storied estates. Reimagined in 2002, the original home was transformed to create a family estate in the heart of Montecito. Behind 2 gates & mature hedges in the MUS school district, the home unfolds into a private world of sun-drenched lawns, gardens & spaces that invite both gathering & stillness. A covered porch w outdoor living & dining wraps around the 5bd/4.5ba main residence, where mornings begin tending to the garden & evenings unfold over bocce, dinner by the fire & time spent together. Inside, shared living spaces, a media room & generous bedrooms build a home for every season & a legacy for generations to come.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 43,560 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 6 (6 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 |
|---|---|---|
| Beds | 7.0 | 3.6 |
| Baths | 6.0 | 3.3 |
| Square foot | 6,366 | 2,905.353 |
| Lot Size | 43,560 | 21,805.412 |
| Price | $11.75M | $4.86M |
| Price per sq ft | $1.8K | $1.7K |
| Built year | 2002 | 1958 |
| HOA | $0 | $3.2K |
| Days on market | 113 | 84 |
Pricing History
Listed for Sale
Jun 4, 2026
$11,750,000
$12,250,000
-4% Price Drop
Initial Listing
Price Change
May 19, 2026
$12,250,000
Initial Listing
Sold
Sep 12, 2005
$850,000
Public Record