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2760 Sycamore Canyon Road, SANTA BARBARA, CA 93108, SANTA BARBARA, 93108 - 4 bed, 5 bath

2760 Sycamore Canyon Road, SANTA BARBARA, CA 93108 home-pic-0
ACTIVE$8,950,000$3,837/sqft
Est. Value: $7,851,849
-12%
AboveEstimate
2760 Sycamore Canyon Road, SANTA BARBARA, CA 93108
4Beds
5Baths
3,837Sqft
37,461.602Lot

Price Vs. Estimate

The estimated value ($7,851,848.74) is $1,098,151.26 (12%) lower than the list price ($8,950,000). This property may be overpriced.

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 = 37461, living area = 3837.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.

Compared to the nearby listings

Price:$8.95M vs avg $6.00M (+$2,950,000)79%
Size:3,837 sqft vs avg 2,835 sqft62%
Price/sqft:$2.3K vs avg $1.4K86%

More Insights

Built in 2008 (18 years old).
Condition: Built in 2008, this property has been recently and extensively updated, as confirmed by the listing description and images. The kitchen features high-end Wolf appliances, honed marble countertops, and modern cabinetry. Bathrooms are spa-like with honed marble, contemporary fixtures, and stylish vanities. Throughout the home, there are pristine hardwood floors, modern lighting, custom millwork, and vaulted ceilings, all indicating a property that is virtually new in its finishes and meets current luxury quality standards with no deferred maintenance.
Year Built
2008
Close
-
List price
$8.95M
Original List price
-
Price/Sqft
$2,333
HOA
$0
Days on market
-
Sold On
-
MLS number
25-4078
Home ConditionExcellent
Features
Good View:
Pool
Spa
Patio
View-

About this home

Luxe, recently updated, 4-bed, 4.5-bath single-level estate blends classic elegance with Ralph Lauren-inspired sophistication in Montecito's coveted Cold Spring School district. Exceptional craftsmanship, built by esteemed builders Giffin & Crane, from the exquisite millwork to the honed marble kitchen & baths, modern lighting, & French doorsall contributing to a home that offers a truly welcoming retreat. The handsome family room impresses with vaulted ceilings, custom built-ins, and an open flow to the gourmet kitchen, where an oversized island, fantastic appliances, and coffered ceiling create a chef's dream. The formal living room, featuring a marble fireplace and window seat overlooking the pool, spa, and manicured gardens, complements the adjacent formal dining room, private office, and versatile attached garage. The primary suite boasts a spa-like ensuite bath, walk-in closet, ample storage, French doors, and vaulted ceilings. Nestled behind double gates, the private grounds offer stone terraces, lush lawns, a sparkling pool, built-in outdoor kitchen, vibrant hydrangeas, and a stately tree-lined motor court. Quintessentially Montecito, this nearly 3,900-square-foot residence offers effortless luxury and refined comfort. It is within easy reach of both Lower and Upper Villages.

M
Marsha Kotlyar Estate Group
Listing Agent

Price History

Date
Event
Price
09/25/24
Sold
$9,000,000
08/28/20
Sold
$3,970,000
Condition Rating
Excellent
Built in 2008, this property has been recently and extensively updated, as confirmed by the listing description and images. The kitchen features high-end Wolf appliances, honed marble countertops, and modern cabinetry. Bathrooms are spa-like with honed marble, contemporary fixtures, and stylish vanities. Throughout the home, there are pristine hardwood floors, modern lighting, custom millwork, and vaulted ceilings, all indicating a property that is virtually new in its finishes and meets current luxury 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 = 37461, living area = 3837.
Prime Montecito Location: Situated in Montecito's coveted Cold Spring School district, offering a 'Quintessentially Montecito' lifestyle with easy access to both Lower and Upper Villages, enhancing desirability and long-term value.
Exceptional Craftsmanship & Design: Built by esteemed Giffin & Crane, featuring exquisite millwork, honed marble kitchen and baths, modern lighting, and Ralph Lauren-inspired sophistication, ensuring a high-quality and elegant living experience.
Recently Updated & Luxurious Interiors: Luxe and recently updated, the single-level estate boasts a gourmet kitchen with an oversized island and fantastic appliances, vaulted ceilings, custom built-ins, and a spa-like primary suite, providing modern comfort and style.
Comprehensive Outdoor Amenities: Private, double-gated grounds include stone terraces, lush lawns, a sparkling pool, built-in outdoor kitchen, vibrant hydrangeas, and a stately tree-lined motor court, perfect for entertaining and relaxation.
Functional & Elegant Layout: The single-level design offers an open flow between the family room and gourmet kitchen, complemented by a formal living room with a marble fireplace, a formal dining room, and a private office, catering to diverse lifestyle needs.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
High Price Point: With a list price of $8.95 million, the property targets a very exclusive buyer demographic, potentially limiting the pool of interested parties.
Significant Ongoing Maintenance Costs: A large luxury estate of this caliber, featuring extensive landscaping, a pool, and high-end finishes, will inherently incur substantial ongoing maintenance, utility, and property management expenses.
Lack of Explicit Smart Home/Energy Efficiency Features: While recently updated, the description does not detail advanced smart home technology integration or specific cutting-edge energy efficiency features that some modern luxury buyers might expect.
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