175 Hermosillo Road, MONTECITO, CA 93108, MONTECITO, 93108 - 3 bed, 3 bath
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MONTECITO, CA 93108
This Turnkey Coastal Bungalow represents a Strong Value Opportunity, listed at $4,295,000—positioned well below the $4,625,446 Fair Market Value by 7%. This valuation gap provides $330,446 in Instant Equity for the buyer. Featuring a 3-bedroom, 2.5-bathroom layout with a Condition Rating of 3, the home offers a sophisticated, move-in ready lifestyle just steps from Butterfly Beach. This property is an ideal acquisition for Owner-Occupants seeking a premier seaside residence or Buy-and-Hold Investors targeting high-demand Montecito real estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 175 Hermosillo Road Subject | $3,999,000* List Price | 3 | 3 | 2,075 | $1,966 | - |
A 180 Hermosillo Road Active | $4,950,000 List Price | 4 | 4 | 2,452 | $2,019 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, the property is 21 years old but presents in near-mint condition. The interiors feature high-end modern finishes, updated cabinetry, and a meticulously finished garage, indicating superior maintenance and likely recent cosmetic updates that make it fully move-in ready.
Situated just two blocks from Butterfly Beach and the Biltmore, this property offers unparalleled access to Montecito's most exclusive seaside amenities and world-class coastline.
Built in 2005 with a mid-century aesthetic, the home features a highly desirable single-story layout that seamlessly blends indoor and outdoor living spaces for a relaxed California lifestyle.
The residence provides rare walkability to the upscale boutiques, cafes, and fine dining along Coast Village Road, offering a convenient urban-coastal lifestyle seldom found in this enclave.
With a list price of $4.295M for 2,075 square feet, the property commands a significant premium exceeding $2,000 per square foot, which may be a hurdle for value-conscious buyers.
The 7,841 square foot lot is relatively modest for the Montecito market, potentially limiting privacy or future expansion opportunities compared to larger neighboring estates.
New Price! Come and experience the effortless sophistication of Montecito living in this beautifully situated single-level 3 bedroom, 2.5 bathroom coastal bungalow. Ideally located just two blocks from iconic Butterfly Beach, the renowned Biltmore Hotel, and the exclusive Coral Casino, this residence offers an exceptional lifestyle in one of California's most coveted seaside enclaves. Bathed in relaxed California style, the home captures timeless mid-century vibes with an inviting indoor-outdoor feel perfect for beachside living. Enjoy effortless access to the boutiques, cafes, and dining along Coast Village Road, while the prestigious Montecito Club and all the best of Montecito are moments away.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 3.0 | 5.0 | 30% |
| Square foot | 2,075 | 3,681 | 25% |
| Lot Size | 7,841 | 40,075.199 | 17% |
| Price | $4.00M | $5.30M | 36% |
| Price per sq ft | $1.9K | $1.7K | 51% |
| Built year | 2005 | 1984 | 87% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 221 | 2% |
May 27, 2026
$3,999,000
$4,295,000
-7% Price Drop
Initial Listing
May 11, 2026
$4,295,000
Initial Listing
Mar 20, 2003
$930,000
Public Record