2850 Torito Road, SANTA BARBARA, CA 93108, SANTA BARBARA, 93108 - 3 bed, 4 bath

2850 Torito Road, SANTA BARBARA, CA 93108 home-pic-0
ACTIVE$4,900,000/sqft
2850 Torito Road, SANTA BARBARA, CA 93108
3Beds
4Baths
Sqft
98,881.203Lot

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 = 98881, living area = 3335.
Top Cons:
Aggressive Pricing Strategy: The current list price of $4.9M represents a significant increase from its last sale of $4.4M in October 2023, which may be perceived as aggressive by potential buyers.

Compared to the nearby listings

Price:$4.90M vs avg $6.00M ($-1,100,000)38%
Size: sqft vs avg 2,795 sqft25%
Price/sqft:$0 vs avg $1.4K36%

More Insights

Built in 2001 (25 years old).
Condition: Built in 2001, this property has been extensively and recently remodeled to a very high standard. The gourmet kitchen features modern two-tone cabinetry, high-end stainless steel appliances, and marble-look countertops. Bathrooms are luxurious with freestanding tubs, large glass showers, and sleek floating vanities. Hardwood floors are in excellent condition throughout, and all fixtures and finishes are contemporary, indicating a recent, comprehensive renovation with virtually new components.
Year Built
2001
Close
-
List price
$4.9M
Original List price
-
Price/Sqft
$0
HOA
$1,000
Days on market
-
Sold On
-
MLS number
25-3271
Home ConditionExcellent
Features
Excellent View:
Deck
View-

About this home

Montecito Country Chic Living. Discover a stylish retreat where sophistication meets coastal charm. Nestled on a private Montecito lane, this ocean-view gem blends modern luxury with timeless elegance. Step inside and be welcomed by soaring ceilings, a gourmet entertainer's kitchen, and not one—but two—primary suites designed for ultimate comfort. Every room captures breathtaking views of the ocean, mountains, or lush gardens, bringing the beauty of Montecito right into your home. Extensively remodeled and thoughtfully upgraded, this three-bedroom, three-and-a-half bath residence was built for effortless indoor-outdoor living. Whether you're hosting under the stars or enjoying a quiet morning with the sunrise, every moment feels like paradise.

A
Andrew Templeton
Listing Agent

Price History

Date
Event
Price
10/11/23
Sold
$4,400,000
02/19/20
Sold
$2,950,000
10/07/16
Sold
$2,750,000
03/13/15
Sold
$1,900,000
Condition Rating
Excellent

Built in 2001, this property has been extensively and recently remodeled to a very high standard. The gourmet kitchen features modern two-tone cabinetry, high-end stainless steel appliances, and marble-look countertops. Bathrooms are luxurious with freestanding tubs, large glass showers, and sleek floating vanities. Hardwood floors are in excellent condition throughout, and all fixtures and finishes are contemporary, indicating a recent, comprehensive renovation with virtually new components.
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 = 98881, living area = 3335.
Prime Montecito Location & Privacy: Nestled on a private Montecito lane, the property offers exclusivity and a highly desirable address in one of Santa Barbara's most prestigious areas.
Breathtaking Panoramic Views: Every room captures stunning views of the ocean, mountains, or lush gardens, providing a constant connection to Montecito's natural beauty.
Luxury Features & Modern Design: Boasting soaring ceilings, a gourmet entertainer's kitchen, and extensively remodeled interiors, the residence blends modern luxury with timeless elegance.
Dual Primary Suites: The inclusion of two primary suites offers exceptional comfort, flexibility, and privacy, catering to various living arrangements or guest needs.
Effortless Indoor-Outdoor Living & Large Lot: Designed for seamless indoor-outdoor living on a substantial 2.27-acre lot, providing ample space for entertaining, relaxation, and privacy.

Cons

Aggressive Pricing Strategy: The current list price of $4.9M represents a significant increase from its last sale of $4.4M in October 2023, which may be perceived as aggressive by potential buyers.
Association Fee: An additional association fee of $1000 (frequency unspecified) adds to the ongoing cost of ownership, which could be a consideration for some buyers.
Limited Bedroom Count for Price Point: While featuring two primary suites, the total of 3 bedrooms might be considered limited for a property at this luxury price point and expansive lot size in Montecito, potentially narrowing the buyer pool.
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