220 Montecito Ranch Lane, SUMMERLAND, CA 93067, SUMMERLAND, 93067 - 6 bed, 10 bath
ACTIVE$19,950,000$6,940/sqft
Est. Value: $22,480,249
12%
BelowEstimate
220 Montecito Ranch Lane, SUMMERLAND, CA 93067
6Beds
10Baths
6,940Sqft
217,800Lot
Price Vs. Estimate
The estimated value ($22,480,249.19) is $2,530,249.19 (12%) higher than the list price ($19,950,000). This property may be underpriced.
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:
Recently Sold Property: The property was recently sold within the past year on 2025-12-29. The sold price is $12,461,000.00.
Compared to the nearby listings
Price:$19.95M vs avg $2.52M (+$17,431,386.5)83%
Size:6,940 sqft vs avg 1,562.5 sqft83%
Price/sqft:$2.9K vs avg $1.6K83%
More Insights
Built in 2025 (1 years old).
Condition: This property is a brand-new construction, completed in 2025, as explicitly stated in the listing and confirmed by the pristine condition visible in all images. The kitchen features high-end, integrated stainless steel appliances, modern cabinetry, and luxurious marble/quartz countertops. Bathrooms are equally impressive with contemporary fixtures, freestanding tubs, large walk-in showers, and elegant tile work. All flooring, lighting, and finishes throughout the estate are new, high-quality, and reflect a cutting-edge, timeless design with no signs of wear or deferred maintenance.
Year Built
2025
Close
-
List price
$19.95M
Original List price
-
Price/Sqft
$2,875
HOA
$0
Days on market
-
Sold On
-
MLS number
26-126
Home ConditionExcellent
Features
Excellent View:
Pool
Spa
Patio
View-
About this home
THE NEW COASTAL STANDARD. An extraordinary ocean view estate where heritage, style & seclusion converge in perfect harmony. Set on ~5 gated acres in the exclusive community of Montecito Ranch Estates, this single level compound is one of just 9 residences & only moments to Padaro Beach & Montecito. Defined by architectural clarity, light, privacy & natural beauty, the design is modern & timeless w abundant floor-to-ceiling doors that disappear into thick walls & dissolve the boundaries between inside & out creating a natural connection to terraces, lawns & a magnificent pool & spa. The 4BD/7BA main residence is complemented by a detached 2BD/2BA ADU & poolside cabana. An intuitive layout supports living well & entertaining beautifully. An incomparable world class resort to call home!
T
The Kogevinas Group
Listing Agent
Price History
Date
Event
Price
12/29/25
Sold
$12,461,000
06/30/23
Sold
$15,000
Condition Rating
Excellent
This property is a brand-new construction, completed in 2025, as explicitly stated in the listing and confirmed by the pristine condition visible in all images. The kitchen features high-end, integrated stainless steel appliances, modern cabinetry, and luxurious marble/quartz countertops. Bathrooms are equally impressive with contemporary fixtures, freestanding tubs, large walk-in showers, and elegant tile work. All flooring, lighting, and finishes throughout the estate are new, high-quality, and reflect a cutting-edge, timeless design with no signs of wear or deferred maintenance.
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.
Brand New Construction: Completed in 2025, this estate offers cutting-edge design, modern systems, and pristine condition, eliminating immediate maintenance concerns.
Exclusive Gated Estate & Privacy: Situated on ~5 gated acres within the exclusive Montecito Ranch Estates, one of only nine residences, ensuring unparalleled privacy and security.
Extraordinary Ocean Views: The property boasts breathtaking, expansive ocean views, a highly coveted feature in this prestigious coastal location.
Comprehensive Luxury Compound: Features a 4BD/7BA main residence, a detached 2BD/2BA ADU, and a poolside cabana with a magnificent pool and spa, offering extensive living and entertaining spaces.
Modern & Timeless Architectural Design: Defined by architectural clarity, abundant floor-to-ceiling disappearing doors, and a seamless indoor-outdoor connection, embodying a sophisticated coastal standard.
Cons
Recently Sold Property: The property was recently sold within the past year on 2025-12-29. The sold price is $12,461,000.00.
Extremely High Price Point: The listing price of $19,950,000 places this property in an ultra-luxury segment, significantly narrowing the potential buyer pool.
Niche Market Appeal: Due to its scale, exclusivity, and price, the property caters to a very specific and limited demographic of ultra-high-net-worth individuals.
Significant Ongoing Operating Costs: Despite being new, a 5-acre estate with extensive amenities will incur substantial ongoing expenses for property taxes, utilities, landscaping, and general maintenance.