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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: $7,959,149
-11%
AboveEstimate
2760 Sycamore Canyon Road, Santa Barbara, CA 93108
4Beds
5Baths
3,837Sqft
37,462Lot

Price Vs. Estimate

The estimated value ($7,959,148.85) is $990,851.15 (11%) 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 = 37462, 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 updated' with 'luxury finishes' and 'exceptional craftsmanship' as explicitly stated in the description. The images confirm a high-end, contemporary renovation throughout, particularly in the gourmet kitchen with honed marble countertops, top-tier appliances, and coffered ceilings, and in the spa-like primary bathroom featuring marble flooring, dual vanities, a freestanding tub, and modern fixtures. All visible components appear new or virtually new, reflecting current quality standards and a pristine, move-in ready condition 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
25625435
Home ConditionExcellent
Features
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 is evident at every turn, from the exquisite millwork to the honed marble kitchen and baths, modern lighting, and French doors all 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/media room, enhancing livability. 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
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 updated' with 'luxury finishes' and 'exceptional craftsmanship' as explicitly stated in the description. The images confirm a high-end, contemporary renovation throughout, particularly in the gourmet kitchen with honed marble countertops, top-tier appliances, and coffered ceilings, and in the spa-like primary bathroom featuring marble flooring, dual vanities, a freestanding tub, and modern fixtures. All visible components appear new or virtually new, reflecting current quality standards and a pristine, move-in ready condition 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 = 37462, living area = 3837.
Prime Montecito Location: Situated in Montecito's coveted Cold Spring School district, with easy access to both Lower and Upper Villages, offering a highly desirable and prestigious address.
Luxury Finishes & Recent Updates: Recently updated with exceptional craftsmanship, exquisite millwork, honed marble kitchen and baths, modern lighting, and Ralph Lauren-inspired sophistication, ensuring a move-in ready, high-end aesthetic.
Extensive Outdoor Amenities & Privacy: Nestled behind double gates on private grounds, featuring a sparkling pool, spa, built-in outdoor kitchen, stone terraces, lush lawns, manicured gardens, and a stately tree-lined motor court for ultimate privacy and resort-style living.
Gourmet Kitchen & Entertaining Spaces: Boasts a gourmet kitchen with an oversized island, fantastic appliances, and coffered ceilings, complemented by formal living and dining rooms, a family room with vaulted ceilings, and a versatile media room, ideal for entertaining.
Single-Level Layout & Luxurious Primary Suite: Offers the convenience and accessibility of a single-level estate, including a primary suite with a spa-like ensuite bath, walk-in closet, ample storage, French doors, and vaulted ceilings.

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: The listing price of $8,950,000 represents a significant investment, potentially limiting the pool of prospective buyers.
Lack of Explicit View Description: The property description does not explicitly mention panoramic ocean, mountain, or city views, which are often highly sought-after and value-adding features in the Montecito luxury market.
High Maintenance Demands: The extensive private grounds, including lush lawns, manicured gardens, a pool, and an outdoor kitchen, suggest significant ongoing maintenance costs and effort required to uphold the property's pristine condition.
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