2135 Veloz Drive, MONTECITO, CA 93108, MONTECITO, 93108 - 5 bed, 6 bath
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MONTECITO, CA 93108
span class="text-green-600 font-bold underline">$877,006 in Instant Equity".
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Blue: <span class="text-blue-600 font-bold">Owner-Occupants</span>
Purple: <span class="text-purple-600 font-bold">Luxury Investors</span>
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"Format: <span class="bg-green-100 px-1.5 py-0.5 rounded font-bold">High-Potential Investment Opportunity</span>"
My text: "<span class="bg-green-100 px-1.5 py-0.5 rounded font-bold">High-Potential Investment Opportunity</span>".
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"Luxury 5BR Montecito estate at $6.59M, 11% below market value. Features 1-acre gated lot, renovated kitchen, and $877K instant equity. Near Upper Village."
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Montecito, 5BR, $6.59M, 11% below market,
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2135 Veloz Drive Subject | $6,595,000* List Price | 5 | 6 | 4,377 | $1,707 | - |
A 2140 Veloz Drive Sold | $5,750,000 | 4 | 5 | 4,046 | $1,421 | 0.1 mi |
B 790 Lilac Drive Sold | $4,850,000 List Price | 4 | 5 | 4,522 | 0.2 mi | |
C 790 Lilac Drive Sold | $4,850,000 List Price | 4 | 5 | 4,522 | 0.2 mi | |
D 1848 E Valley Road Sold | $7,010,000 | 4 | 5 | 4,040 | $1,735 | 0.7 mi |
E 2010 Birnam Wood Drive Active | $7,450,000 List Price | 4 | 5 | 4,166 | $1,788 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1958 Montecito residence is in move-in ready condition with significant modern updates. The kitchen has been fully renovated with high-end stainless steel appliances, white cabinetry, and a large island. The home features updated hardwood flooring, contemporary black-framed windows, and a newer metal roof. While the primary bathroom retains some older stylistic elements like tile countertops and glass block windows, the overall property is well-maintained with high-quality finishes and seamless indoor-outdoor flow.
The property is ideally situated near the Upper Village, Birnam Wood, and the Valley Club, offering prestigious access to Montecito's finest amenities and hiking trails.
The 4,377 sqft residence features a desirable single-story floor plan with vaulted ceilings and expansive windows, maximizing natural light and indoor-outdoor flow.
Set on a private, gated acre with mature oak trees and lush lawns, the grounds provide a secluded sanctuary that captures the quintessential California lifestyle.
Originally built in 1958, the home may require updates to older mechanical systems or infrastructure to align with the expectations of modern luxury buyers.
At nearly $6.6 million, the property competes with newer builds or more extensively modernized estates, which may impact its perceived value relative to contemporary alternatives.
Designed by Nature. Perfected in Montecito. Beneath a canopy of mature oaks on a gated acre, this Montecito residence rests easily within its surroundings. The home balances relaxed California style w seamless indoor-outdoor living & a single-level layout. Vaulted ceilings & expansive windows draw in natural light & garden views, giving the interiors an open, unhurried character. At the center, the kitchen, anchored by a generous island, flows naturally into the surrounding living spaces. Outside, the peaceful grounds unfold with lawns, patios & a tucked-away hot tub beneath the trees. Secluded, yet moments to Birnam Wood, Valley Club, hiking trails & Montecito's Upper Village, this refined, romantic and thoughtfully designed residence captures the spirit of Montecito.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 77% |
| Baths | 6.0 | 4.0 | 81% |
| Square foot | 4,377 | 3,601 | 74% |
| Lot Size | - | 39,204 | 11% |
| Price | $6.59M | $5.30M | 63% |
| Price per sq ft | $1.5K | $1.7K | 44% |
| Built year | 1958 | 1980 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 239 | 2% |
Mar 17, 2026
$6,595,000
Initial Listing