220 Montecito Ranch Lane, Summerland, CA 93067, Summerland, 93067 - 6 bed, 10 bath
ACTIVE$21,000,000$8,140/sqft
220 Montecito Ranch Lane, Summerland, CA 93067
6Beds
10Baths
8,140Sqft
217,800Lot
Price Vs. Estimate
Estimation data not available
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 = 8140.
Top Cons:
Extremely High Price Point: The list price of $21,000,000 places this property in an ultra-luxury segment, significantly narrowing the potential buyer pool to a very exclusive demographic.
Compared to the nearby listings
Price:$21.00M vs avg $2.52M (+$18,481,386.5)83%
Size:8,140 sqft vs avg 1,562.5 sqft83%
Price/sqft:$2.6K vs avg $1.6K83%
More Insights
Built in 2025 (1 years old).
Condition: This property, built in 2025, is a newly completed luxury estate. The images showcase a state-of-the-art chef's kitchen with high-end built-in stainless steel appliances, marble countertops, and modern cabinetry. Bathrooms feature luxurious finishes, including a freestanding tub, large walk-in showers with glass enclosures, and contemporary vanities. Throughout the home, there are new hardwood floors, recessed lighting, and pristine finishes, indicating no deferred maintenance and meeting the highest quality standards for new construction.
Year Built
2025
Close
-
List price
$21M
Original List price
-
Price/Sqft
$2,580
HOA
$1,176
Days on market
-
Sold On
-
MLS number
25542715
Home ConditionExcellent
Features
Excellent View:
Pool
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 living.
N
Nancy Kogevinas
Listing Agent
Price History
Date
Event
Price
06/30/23
Sold
$15,000
Condition Rating
Excellent
This property, built in 2025, is a newly completed luxury estate. The images showcase a state-of-the-art chef's kitchen with high-end built-in stainless steel appliances, marble countertops, and modern cabinetry. Bathrooms feature luxurious finishes, including a freestanding tub, large walk-in showers with glass enclosures, and contemporary vanities. Throughout the home, there are new hardwood floors, recessed lighting, and pristine finishes, indicating no deferred maintenance and meeting the highest quality standards for new construction.
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 = 8140.
Brand New Luxury Construction: Completed in 2025, this newly built Mediterranean estate offers state-of-the-art construction and features, including high-end finishes like walnut, stone, and marble, ensuring modern luxury and minimal immediate maintenance.
Unparalleled Views & Location: Situated in the private Montecito Ranch Estates, the property boasts panoramic ocean and mountain views, complemented by its prime location moments from Summerland, Rosewood Miramar, and Polo Fields.
Expansive & Versatile Living Spaces: With 8,140 sqft on a 5-acre lot, the single-level floor plan includes 4 bedroom suites, a chef's kitchen, a 2-bedroom ADU, and a pool cabana, providing ample space for intimate living, grand entertaining, and multi-generational use.
Exclusive Private Enclave: The estate is part of a private enclave of only 7 homes, offering exceptional privacy, security, and a sense of community among high-net-worth individuals.
Resort-Style Outdoor Amenities: The property features a luminous pool, ocean-facing terraces, and meticulously manicured gardens, creating an ideal setting for outdoor living and embracing the California lifestyle.
Cons
Extremely High Price Point: The list price of $21,000,000 places this property in an ultra-luxury segment, significantly narrowing the potential buyer pool to a very exclusive demographic.
High Recurring Costs: A substantial monthly association fee of $1,176, combined with the significant maintenance costs associated with a 5-acre luxury estate, represents a considerable ongoing financial commitment for the owner.
Niche Market Appeal: While luxurious, the specific Mediterranean architectural style and the sheer scale of the property cater to a very particular taste and lifestyle, which could potentially lead to a longer time on market.