220 Montecito Ranch Lane, SUMMERLAND, CA 93067, SUMMERLAND, 93067 - 6 bed, 10 bath
ACTIVE$21,000,000$6,940/sqft
Est. Value: $21,000,000
%
FairlyEstimate
220 Montecito Ranch Lane, SUMMERLAND, CA 93067
6Beds
10Baths
6,940Sqft
217,800Lot
Price Vs. Estimate
The estimated value ($21,000,000) is $0 (0%) lower than the list price ($21,000,000). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 217800, living area = 6940.
Top Cons:
Exorbitant Price Point: With a list price of $21,000,000, the property targets an extremely niche market, significantly limiting the pool of potential buyers.
Compared to the nearby listings
Price:$21.00M vs avg $2.52M (+$18,481,386.5)83%
Size:6,940 sqft vs avg 1,562.5 sqft83%
Price/sqft:$3.0K vs avg $1.6K83%
More Insights
Built in 2025 (1 years old).
Condition: This property is a newly completed estate (built in 2025), featuring a 'chef's kitchen' with high-end integrated stainless steel appliances, marble countertops, and modern cabinetry. Bathrooms are equally luxurious with freestanding tubs, large walk-in showers, marble vanities, and contemporary fixtures. Throughout the home, there are new hardwood floors, recessed lighting, and premium finishes like walnut, stone, and marble, indicating no deferred maintenance and meeting current quality standards.
Year Built
2025
Close
-
List price
$21M
Original List price
-
Price/Sqft
$3,026
HOA
$0
Days on market
-
Sold On
-
MLS number
25-1803
Home ConditionExcellent
Features
Excellent View:
Pool
Spa
Patio
View-
About this home
Where Montecito meets the sea, this newly completed 5-acre Mediterranean estate invites you to live the California dream. Located in Montecito Ranch Estates —a private enclave of just 7 homes w panoramic ocean & mountain views—the single-level floor plan effortlessly flows btwn refined interiors & expansive outdoor spaces designed for both intimate living and grand entertaining. The residence unfolds across airy living areas featuring a chef's kitchen, 4BD suites, a 2BD ADU & pool cabana, where luxury finishes—walnut, stone & marble—elevate everyday living. Outside, a luminous pool, ocean-facing terraces & manicured gardens embrace the sweeping coastline views & natural beauty beyond. Moments from Summerland, the Rosewood Miramar, & Polo Fields, this is the benchmark for luxury liv
N
Nancy Kogevinas
Listing Agent
Price History
Date
Event
Price
06/30/23
Sold
$15,000
Condition Rating
Excellent
This property is a newly completed estate (built in 2025), featuring a 'chef's kitchen' with high-end integrated stainless steel appliances, marble countertops, and modern cabinetry. Bathrooms are equally luxurious with freestanding tubs, large walk-in showers, marble vanities, and contemporary fixtures. Throughout the home, there are new hardwood floors, recessed lighting, and premium finishes like walnut, stone, and marble, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons
Pros
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 = 217800, living area = 6940.
New Construction & Luxury Finishes: Newly completed in 2025, this Mediterranean estate boasts pristine condition and high-end luxury finishes including walnut, stone, and marble, offering a move-in ready, state-of-the-art living experience.
Exclusive Location & Privacy: Situated in Montecito Ranch Estates, a private enclave of just 7 homes, the property offers unparalleled exclusivity and privacy, while being moments from Summerland, Rosewood Miramar, and Polo Fields.
Panoramic Views: The estate provides breathtaking panoramic ocean and mountain views, with ocean-facing terraces and manicured gardens designed to embrace the sweeping coastline and natural beauty.
Expansive Estate with ADU: Spanning 5 acres with a generous 6,940 sqft single-level residence, it includes 4 bedroom suites, a chef's kitchen, a 2-bedroom ADU, and a pool cabana, offering ample space and versatility for living and entertaining.
Resort-Style Amenities: Designed for grand entertaining, the property features a luminous pool, extensive outdoor terraces, and manicured gardens, creating a resort-like atmosphere for residents and guests.
Cons
Exorbitant Price Point: With a list price of $21,000,000, the property targets an extremely niche market, significantly limiting the pool of potential buyers.
High Maintenance Demands: A 5-acre estate with extensive landscaping, a pool, and luxury finishes will require substantial ongoing maintenance costs and dedicated effort, even for a new build.
Architectural Style Specificity: The 'Mediterranean estate' architectural style, while luxurious, may not appeal to all ultra-luxury buyers who might prefer more contemporary or diverse designs, potentially narrowing market appeal.