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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$8,000,000$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:
Age of Construction: Built in 1990, the property, while well-maintained, may have original systems (e.g., HVAC, plumbing, electrical) that could require future updates or maintenance to meet contemporary efficiency and technology standards.

Compared to the nearby listings

Price:$8.00M vs avg $6.00M (+$2,000,000)71%
Size:7,146 sqft vs avg 2,835 sqft90%
Price/sqft:$1.1K vs avg $1.4K40%

More Insights

Built in 1990 (36 years old).
Condition: Built in 1990, this Spanish Revival estate is exceptionally well-maintained and has undergone significant, high-quality renovations. The kitchen features high-end stainless steel appliances, new marble countertops, and modern light fixtures, though the ornate wood cabinetry reflects a traditional style rather than a contemporary one. Bathrooms also showcase luxurious, updated fixtures and finishes, with custom carved wood vanities. Flooring consists of rich wood and large format tiles, all in excellent condition. While the property boasts 'modern amenities' and is move-in ready with no immediate renovations required, the consistent traditional aesthetic of some built-in elements and the property's age (34 years) suggest an extensive renovation within the last 5-15 years rather than a full, top-to-bottom modern overhaul within the last 5 years, aligning with the 'Good' criteria.
Year Built
1990
Close
-
List price
$8M
Original List price
-
Price/Sqft
$1,120
HOA
$0
Days on market
-
Sold On
-
MLS number
24475171
Home ConditionGood
Features
Good View:
Deck
Pool
Spa
Patio
View-

About this home

READY FOR QUICK OCCUPANCY. OWNER WILL CONSIDER SELLING FURNISHED. HANDS DOWN THE BEST VALUE IN MONTECITO @ ONLY $1105/SF! 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 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. LAST 4 SALES ON EAST VALLEY AVG $1365/SF per MLS stats as of 01/30/25. THIS HOME IS PRICED 23% UNDER RECENT SALES TO SELL NOW!

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
Good
Built in 1990, this Spanish Revival estate is exceptionally well-maintained and has undergone significant, high-quality renovations. The kitchen features high-end stainless steel appliances, new marble countertops, and modern light fixtures, though the ornate wood cabinetry reflects a traditional style rather than a contemporary one. Bathrooms also showcase luxurious, updated fixtures and finishes, with custom carved wood vanities. Flooring consists of rich wood and large format tiles, all in excellent condition. While the property boasts 'modern amenities' and is move-in ready with no immediate renovations required, the consistent traditional aesthetic of some built-in elements and the property's age (34 years) suggest an extensive renovation within the last 5-15 years rather than a full, top-to-bottom modern overhaul within the last 5 years, aligning with the 'Good' criteria.
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.
Exceptional Value & Pricing: Advertised as the 'BEST VALUE IN MONTECITO @ ONLY $1105/SF!' and explicitly stated to be 'PRICED 23% UNDER RECENT SALES' on East Valley Road, indicating a strong financial opportunity.
Prime Montecito Location: Situated on one of Montecito's most coveted streets, adjacent to prestigious Birnam Wood Golf Club and Valley Club, minutes from sandy beaches, Rosewood Miramar Resort, Charming Upper Village, and within the Award Winning Montecito Union School District.
Luxurious & Expansive Estate: A grand 7146 sqft Spanish Revival estate with 6 bedrooms and 6 baths on nearly 1 acre, featuring a gated compound, a grand motor court, and high-end architectural details like hand-carved double doors, cathedral high beams, rich wood floors, and tall archways.
Resort-Style Outdoor Living & Privacy: Incredibly private and serene, surrounded by towering palms and lush native trees, offering a Baja-style resort swimmers pool with waterslide, hidden spa, cabana, playground lawn, and multiple outdoor seating areas for an ultimate indoor/outdoor lifestyle.
High-End Interior Amenities: Boasts a large chef's island kitchen flowing into a family room, a media room, a library, and a 'Four Seasons-style' primary suite with a spa-inspired bath and a closet the size of a bedroom.

Cons

Age of Construction: Built in 1990, the property, while well-maintained, may have original systems (e.g., HVAC, plumbing, electrical) that could require future updates or maintenance to meet contemporary efficiency and technology standards.
Specific Architectural Style: The Spanish Revival aesthetic, while elegant and authentic, is a distinct design choice that might not appeal to all high-end buyers, potentially narrowing the market compared to more universally preferred modern or transitional styles.
High Operational Costs: As a large, luxury estate on nearly an acre with extensive amenities (pool, spa, elaborate landscaping), the ongoing costs for maintenance, utilities, and property taxes will be substantial, which is a significant consideration for potential buyers.
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