220 Montecito Ranch Lane, Summerland, CA 93067, Summerland, 93067 - 6 bed, 10 bath
220 Montecito Ranch Lane
Summerland, CA 93067
Property Price
SUMMARY
Analysis of 220 Montecito Ranch Lane, Summerland, CA 93067 reveals a Prime Investment Opportunity with a current list price of $19,950,000—significantly undercutting the $21,562,489 Fair Market Value by 7%. This valuation gap indicates a +$1,612,489 Instant Equity potential for buyers. 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 Summerland 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 220 Montecito Ranch Lane Subject | $19,950,000* List Price | 6 | 10 | 8,140 | $2,649 | - |
A 2720 Montecito Ranch Place Active | $16,995,000 List Price | 5 | 7 | 6,157 | $2,760 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This is a brand-new 2025 luxury Mediterranean estate in pristine condition. The property features high-end finishes including walnut hardwood flooring, stone and marble surfaces, and designer light fixtures. The residence offers a modern chef's kitchen, floor-to-ceiling black-framed windows, and state-of-the-art systems throughout. As a newly completed construction, all components meet the highest current quality standards with zero physical depreciation or deferred maintenance.
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 = 217800, living area = 8140.
- Brand New Luxury Construction
Completed in 2025, this Mediterranean estate offers the latest in modern efficiency and high-end design, featuring premium finishes like walnut, stone, and marble throughout.
- Expansive Private Acreage
Situated on a massive 5-acre lot within a private enclave of only seven homes, the property provides an exceptional level of privacy and space rarely found in coastal estates.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-12-29. The sold price is $12,461,000.00.
- High Carrying Costs
With a monthly association fee of $1,176 and significant property taxes on a $19.95M valuation, the ongoing cost of ownership is substantial.
- Niche Market Price Point
The ultra-luxury price tag near $20 million limits the pool of potential buyers, which may lead to a longer duration on the market compared to lower-priced local inventory.
About 220 Montecito Ranch Lane
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 217,800 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 10 (10 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1176 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 90% |
| Baths | 10.0 | 2.5 | 90% |
| Square foot | 8,140 | 1,383 | 90% |
| Lot Size | 217,800 | 3,702 | 90% |
| Price | $19.95M | $2.36M | 90% |
| Price per sq ft | $2.5K | $1.7K | 80% |
| Built year | 2025 | 1928 | 90% |
| HOA | $1176 | $0 | 90% |
| Days on market | 30 | 226 | 10% |
Pricing History
Listed for Sale
Feb 5, 2026
$19,950,000
Initial Listing
Sold
Dec 29, 2025
$12,461,000
Public Record
Sold
Jun 30, 2023
$15,000
Public Record