2775 Sycamore Canyon Road, Santa Barbara, CA 93108, Santa Barbara, 93108 - 2 bed, 1 bath

2775 Sycamore Canyon Road, Santa Barbara, CA 93108 home-pic-0
ACTIVE$5,295,000$1,080/sqft
2775 Sycamore Canyon Road, Santa Barbara, CA 93108
2Beds
1Bath
1,080Sqft
43,560Lot

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 = 43560, living area = 1080.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1080, other record living area = 1208.

Compared to the nearby listings

Price:$5.29M vs avg $6.00M ($-705,000)44%
Size:1,080 sqft vs avg 2,795 sqft25%
Price/sqft:$4.9K vs avg $1.4K98%

More Insights

Built in 1930 (96 years old).
Condition: This property features a newly constructed ADU with top-quality, modern finishes, including a high-end kitchen and bathrooms. The main residence, while built in 1930, has undergone significant infrastructure upgrades and boasts a recently remodeled kitchen and updated bathroom, both showcasing contemporary styles and features. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, making the entire compound move-in ready and exceptionally well-maintained.
Year Built
1930
Close
-
List price
$5.29M
Original List price
-
Price/Sqft
$4,903
HOA
$0
Days on market
-
Sold On
-
MLS number
25574987
Home ConditionExcellent
Features
Good View:
Deck
Patio
View-

About this home

Set on a remarkably private and level 1-acre parcel, this gated Montecito estate lives like a true luxury compound. Featuring 2 beautifully designed homes including a newly constructed +/- 1,200 sq ft ADU the expansive, park-like property is ideal for multi-generational living, guests, or income potential. Located in the coveted Cold Spring School District, this rare retreat sits perfectly between Montecito's upper and lower villages and is just minutes from beaches and scenic hiking trails. Plans designed by A34 Studios are available for expansion of the main residence, with a land use permit for new construction in hand.Beyond the gated entrance, a spacious motor court offers ample parking and comfortable separation between the two residences. Significant infrastructure upgrades -- including electrical, sewer, water, and gas system improvements -- provide peace of mind for years to come. The single-level main residence features vaulted ceilings, a cozy fireplace, a remodeled kitchen, two bedrooms plus a loft, and easy access to a generous entertaining deck, outdoor barbecue, and various seating areas.Steps away, the newly built 2-bed/2-bath ADU features soaring 10-foot ceilings, open-concept living areas, and folding steel doors that invite the outdoors in. Just off the main living area, a covered patio overlooks the expansive grassy lawn and serene setting. At every turn, the home features sophisticated, top-quality finishes, energy-efficient upgrades, and custom details. A covered breezeway connects the home to an oversized garage with EV charging, private laundry, and abundant storage, completing the ADU's thoughtful layout. Outside, endless possibilities await, whether you're entertaining, gardening, or simply looking for a serene space to relax outdoors. Amenities include a fire pit area, garden beds, grassy open areas, a putting green, and a detached flex space perfect for an office, art studio, or fitness room -- all surrounded by lush landscaping, mature trees, and privacy hedges. With its flat, usable land, dual residences, and impressive seclusion, this property offers a rare combination of space, privacy, and versatility -- ready for immediate enjoyment or future expansion.

D
Dusty Baker
Listing Agent

Price History

Date
Event
Price
11/04/24
Sold
$5,300,000
02/11/16
Sold
$1,475,000
09/30/14
Sold
$1,050,000
Condition Rating
Excellent

This property features a newly constructed ADU with top-quality, modern finishes, including a high-end kitchen and bathrooms. The main residence, while built in 1930, has undergone significant infrastructure upgrades and boasts a recently remodeled kitchen and updated bathroom, both showcasing contemporary styles and features. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, making the entire compound move-in ready and exceptionally well-maintained.
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 = 43560, living area = 1080.
Dual Residences & Versatility: The property features two distinct homes, including a newly constructed ADU, offering exceptional flexibility for multi-generational living, guest accommodation, or potential rental income.
Prime Montecito Location: Located in the coveted Cold Spring School District, the estate is perfectly situated between Montecito's upper and lower villages, providing easy access to beaches and scenic hiking trails.
Expansive & Private Acreage: Set on a remarkably private and level 1-acre parcel, this property offers a rare combination of space, seclusion, and usable land in a desirable area.
Future Expansion Potential with Approved Plans: Architectural plans and a land use permit are already in hand for expanding the main residence, providing significant future value and customization opportunities for the buyer.
Extensive Infrastructure Upgrades & Modern Amenities: Significant infrastructure improvements (electrical, sewer, water, gas) have been completed, complemented by a new ADU with top-quality finishes, energy-efficient upgrades, EV charging, and diverse outdoor amenities like a putting green and detached flex space.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1080, other record living area = 1208.
Age and Limited Modernization of Main Residence: The main residence, built in 1930, despite a remodeled kitchen, may still present older systems or design aesthetics that could require further investment to fully align with modern luxury standards or the new ADU.
Modest Main Residence Bathroom Count: The main residence features only one bathroom, which could be a functional limitation for occupants, especially if the ADU is utilized for guests or income.
High Operating Costs: As a luxury 1-acre estate in Montecito, the property will likely incur substantial ongoing expenses for property taxes, extensive landscaping, and general maintenance, which should be factored into ownership.
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