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2347 E Valley Road, SANTA BARBARA, CA 93108, SANTA BARBARA, 93108 - 6 bed, 6 bath

2347 E Valley Road, SANTA BARBARA, CA 93108 home-pic-0
ACTIVE$7,495,000$7,146/sqft
2347 E Valley Road, SANTA BARBARA, CA 93108
6Beds
6Baths
7,146Sqft
38,333Lot

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 = 38333, living area = 7146.
Top Cons:
Potential for Dated Systems: Built in 1990, some core systems (e.g., HVAC, plumbing, electrical) may be original or nearing the end of their typical lifespan, potentially requiring future updates or higher maintenance.

Compared to the nearby listings

Price:$7.50M vs avg $6.00M (+$1,495,000)69%
Size:7,146 sqft vs avg 2,835 sqft90%
Price/sqft:$1.0K vs avg $1.4K40%

More Insights

Built in 1990 (36 years old).
Condition: This Spanish Revival estate, built in 1990, has undergone extensive, high-quality renovations, particularly evident in the kitchen and bathrooms. The kitchen features ornate custom cabinetry, modern white marble countertops and backsplash, professional-grade stainless steel appliances, and contemporary lighting, presenting a luxurious and updated feel. Bathrooms boast ornate vanities with high-end stone countertops, modern fixtures, and sleek tiled showers/tubs. Throughout the home, rich wood floors, clean tile, contemporary light fixtures, and fresh paint contribute to a virtually new appearance. While the property was built over 30 years ago, the visible components and 'modern amenities' described, along with the 'READY FOR QUICK OCCUPANCY' status, strongly indicate a recent, comprehensive renovation within the last 5 years, meeting current quality standards with no deferred maintenance.
Year Built
1990
Close
-
List price
$7.5M
Original List price
-
Price/Sqft
$1,049
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3188
Home ConditionExcellent
Features
Good View:
Deck
Pool
Spa
Patio
View-

About this home

HANDS DOWN THE BEST VALUE IN MONTECITO @ ONLY 1048/PSF! This home by far in this price range is the LOWEST dollar per foot, not only ideal as built-in equity for owner/users but investors as well!!! Welcome to 2347 East Valley Road, located on one of Montecito's most coveted streets. This 6 bedroom, 6 bath Spanish Revival estate spans 7146 sqft on nearly 1 flat acre. Surrounded by towering palms, mature lush native trees and landscape, this gated compound is incredibly private and serene. Adjacent to prestigious Birnam Wood Golf Club and Valley Club of Montecito and a few minutes to sandy beaches. Rosewood Miramar Resort & Charming Upper Village. Award Winning Montecito Union School District. This estate offers an unparalleled blend of elegance, modern amenities, and a lifestyle of ultimate comfort and convenience. Drive along tall privacy hedges through massive wooden gates and Port-a-Cochre with iron candelabra to a grand motor court with plenty of parking, perfect for intimate gatherings or large fundraisers. Living here feels as if you're on a permanent staycation 24/7 taking full advantage of enjoying the indoor/outdoor lifestyle. Hear the birds while basking in the sun of the Baja-style resort swimmers pool with waterslide, hidden spa and cabana. Picnic on the playground lawn, play badminton, ping pong, soccer, etc. Lounge with a glass of wine and conversation at one of several outdoor seating areas. The moment you walk through 4 inch thick hand carved double doors crafted from Italy you immediately feel the scale and warmth with showers of natural light throughout this one-of-a-kind gated compound. Cathedral high beams and ceiling details, rich wood floors & tall archways. Large chef's island kitchen flows into the family room. Media room and library. Four Seasons-style primary suite boasts a spa-inspired bath and closet the size of a bedroom. READY FOR QUICK OCCUPANCY. OWNER WILL ALSO CONSIDER SELLING FURNISHED.

L
Lisa Sorrentino
Listing Agent

Price History

Date
Event
Price
10/12/22
Sold
$5,600,000
04/20/11
Sold
$3,315,000
Condition Rating
Excellent
This Spanish Revival estate, built in 1990, has undergone extensive, high-quality renovations, particularly evident in the kitchen and bathrooms. The kitchen features ornate custom cabinetry, modern white marble countertops and backsplash, professional-grade stainless steel appliances, and contemporary lighting, presenting a luxurious and updated feel. Bathrooms boast ornate vanities with high-end stone countertops, modern fixtures, and sleek tiled showers/tubs. Throughout the home, rich wood floors, clean tile, contemporary light fixtures, and fresh paint contribute to a virtually new appearance. While the property was built over 30 years ago, the visible components and 'modern amenities' described, along with the 'READY FOR QUICK OCCUPANCY' status, strongly indicate a recent, comprehensive renovation within the last 5 years, meeting current quality standards with no 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 = 38333, living area = 7146.
Prime Montecito Location: Situated on one of Montecito's most coveted streets, adjacent to prestigious golf clubs, minutes from sandy beaches, Rosewood Miramar Resort, and within the award-winning Montecito Union School District.
Exceptional Value Proposition: Advertised as the 'BEST VALUE IN MONTECITO @ ONLY 1048/PSF,' offering potential built-in equity for both owner-users and investors.
Luxurious & Spacious Estate: A grand 7146 sqft, 6-bedroom, 6-bath Spanish Revival estate on nearly 1 flat acre, featuring cathedral high beams, rich wood floors, and a Four Seasons-style primary suite.
Resort-Style Outdoor Living & Privacy: A private, gated compound with a Baja-style resort pool, waterslide, hidden spa, cabana, playground lawn, and multiple outdoor seating areas for an ultimate indoor/outdoor lifestyle.
High-End Finishes & Architectural Details: Boasts exquisite craftsmanship including 4-inch thick hand-carved Italian double doors, a large chef's island kitchen, media room, and library.

Cons

Potential for Dated Systems: Built in 1990, some core systems (e.g., HVAC, plumbing, electrical) may be original or nearing the end of their typical lifespan, potentially requiring future updates or higher maintenance.
High Ongoing Maintenance & Operating Costs: A large estate of this caliber (7146 sqft, nearly 1 acre) with extensive amenities like a resort pool and lush landscaping will incur substantial ongoing expenses for utilities, maintenance, and property taxes.
Specific Architectural Style Appeal: The distinct Spanish Revival architectural style, while elegant, caters to a specific aesthetic preference and may not appeal to all luxury buyers, potentially narrowing the target market.
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