1988 Inverness Lane, MONTECITO, CA 93108, MONTECITO, 93108 - 3 bed, 3 bath
1988 Inverness Lane
MONTECITO, CA 93108
Property Price
SUMMARY
Analysis of 1988 Inverness Lane, MONTECITO, CA 93108 is currently available with a list price of $9,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the MONTECITO Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
While originally built in 1973, the property has undergone high-end renovations as evidenced by the airy kitchen featuring marble countertops and premium appliances. The significant price increase since its 2023 sale suggests a recent, extensive update to modern luxury standards. The home is presented as a striking, move-in-ready mid-century modern masterpiece with seamless indoor-outdoor flow and high-quality finishes throughout.
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 = 67953, living area = 2634.
- Exclusive Location
Situated in the prestigious guard-gated Birnam Wood community on a quiet cul-de-sac, the property offers prime golf course frontage along the 14th fairway.
- Architectural Pedigree
Designed by Robert Garland, this mid-century modern home features signature floor-to-ceiling glass walls and a seamless indoor-outdoor flow that captures stunning Santa Ynez Mountain views.
CONSRISKS & DEFICIENCIES
- High Price Per Square Foot
With a listing price near $10 million for approximately 2,634 square feet, the property carries a significant premium valuation that may challenge buyers seeking more interior living space.
- Vintage Infrastructure
Originally built in 1973, the home may require ongoing specialized maintenance or updates to its mid-century systems to meet contemporary energy efficiency standards.
About 1988 Inverness Lane
Set within Montecito's guard-gated Birnam Wood community, 1988 Inverness Lane presents a striking mid-century modern residence designed by Robert Garland in his signature indoor-outdoor style. Enveloping a private courtyard and pool, three bedrooms and flowing entertaining spaces span 2,634 sqft, defined by seamless indoor-outdoor flow, high ceilings, and expansive walls of glass that welcome natural light and frame sweeping Santa Ynez Mountain views. The airy kitchen features marble countertops, premium appliances, and a breakfast nook. The serene primary suite and accompanying bedrooms are thoughtfully arranged for privacy. Located on a quiet cul-de-sac along the 14th fairway, the property also offers a generous motor court for private parking.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 67,953.602 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1000 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 3.0 | 5.0 | 30% |
| Square foot | 2,634 | 3,681 | 30% |
| Lot Size | 67,953.602 | 43,560 | 83% |
| Price | $9.99M | $5.49M | 81% |
| Price per sq ft | $3.8K | $1.6K | 94% |
| Built year | 1973 | 1973 | 50% |
| HOA | $1000 | $0 | 96% |
| Days on market | 16 | 238 | 1% |
Pricing History
Listed for Sale
Feb 20, 2026
$9,995,000
Initial Listing
Sold
Aug 7, 2023
$5,850,000
Public Record
Sold
Jul 29, 2016
$3,100,000
Public Record