2899 Hidden Valley Lane, MONTECITO, CA 93108, MONTECITO, 93108 - 4 bed, 5 bath

2899 Hidden Valley Lane, MONTECITO, CA 93108 home-pic-0
ACTIVE$3,995,000/sqft
2899 Hidden Valley Lane, MONTECITO, CA 93108
4Beds
5Baths
Sqft
41,382Lot

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 = 41382, living area = 4018.
Top Cons:
Dated Kitchen: The description notes a 'charming original kitchen,' which, while classic, may not meet the contemporary design and amenity expectations of a luxury buyer for a 1996-built estate.

Compared to the nearby listings

Price:$4.00M vs avg $6.00M ($-2,005,000)33%
Size: sqft vs avg 2,795 sqft25%
Price/sqft:$0 vs avg $1.4K36%

More Insights

Built in 1996 (30 years old).
Condition: Built in 1996, this property is well-maintained with a timeless architectural style. However, the listing explicitly notes a 'charming original kitchen' and the images confirm dated tiled countertops and older appliances in both kitchens and bathrooms. While functional and clean, these areas, along with a general 'lack of modern systems/efficiency updates,' indicate that the property requires minor updates to meet contemporary standards, aligning with the 'Fair' condition criteria.
Year Built
1996
Close
-
List price
$4M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
25-2667
Home ConditionFair
Features
Excellent View:
Patio
View-

About this home

Elegance meets tranquility at this stunning Palladian style estate on a quiet lane in Montecito. Custom built by craftsmen in 1996 to last for centuries, the architectural elements add character and offer timeless appeal. The soaring vaulted ceiling is adorned with an impressive wrought iron chandelier overseeing original iron fixtures, classic lighting functioning shutters and authentic wide plank wood floors—all showcasing a rich patina that adds timeless character. Spanning an impressive 4,018 square feet with 4 bedroom/5 baths, this unique Italianesque residence showcases picturesque Pacific Ocean views surrounded by Santa Ynez Mountain vistas. The design features a historic cruciform formation with two companion fireplaces at each end anchoring the great room and adjacent formal dining room, creating a warm and ambient atmosphere for gatherings. A power room and coat closet greets your guests upon entering the home before being ushered onto the expansive ocean view patio. The charming original kitchen has a classic layout with a traditional family style center table and easy flow to the dining and great rooms. On the primary wing you will find the oversized private suite with high vaulted ceilings and a cozy fireplace. Enjoy the spacious spa like bathroom with no shortage of closets. Two additional well appointed guest rooms with en suite bathrooms also reside on the opposite wing of the main level. Step out to the expansive back terrace which offers the ideal setting for al fresco dining and relaxation where you can soak in the stunning ocean and mountain views while enjoying the gentle coastal breeze. Or escape to the cozy glass window enclosed conservatory off the living room to connect with nature, meditate or enjoy a good book. The lower level retreat offers an oversized private apartment with a well-equipped kitchen, family room and full bathroomperfect for extended family or accommodating guests. The separate entrance ensures that visitors can enjoy their stay without intruding on the main living spaces. As you explore the nearly one acre grounds, you'll be captivated by the vast gardens and natural setting that surround the estate. There is plenty of room to expand on the existing landscaping or add a pool or ADU/guest house. This property embodies a traditional legacy estate compound offering incredible upside potential and the relaxed Montecito lifestyleperfect for those who appreciate the harmony of luxury and privacy. Experience the best of both worlds in this serene and sophisticated haven.

H
Haden Homes Group
Listing Agent

Price History

Date
Event
Price
11/22/93
Sold
$250,000
Condition Rating
Fair

Built in 1996, this property is well-maintained with a timeless architectural style. However, the listing explicitly notes a 'charming original kitchen' and the images confirm dated tiled countertops and older appliances in both kitchens and bathrooms. While functional and clean, these areas, along with a general 'lack of modern systems/efficiency updates,' indicate that the property requires minor updates to meet contemporary standards, aligning with the 'Fair' condition 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 = 41382, living area = 4018.
Prime Montecito Location: Situated on a quiet lane in Montecito, this estate offers an exclusive address and the highly sought-after relaxed Montecito lifestyle, ensuring privacy and prestige.
Stunning Panoramic Views: The residence boasts picturesque Pacific Ocean views complemented by Santa Ynez Mountain vistas, visible from expansive patios and key living areas, enhancing its luxury appeal.
High-Quality Timeless Architecture: Custom built by craftsmen in 1996 in a Palladian style, the property features soaring vaulted ceilings, authentic wide plank wood floors, and original iron fixtures, offering enduring character and quality.
Versatile Guest Accommodations: A lower-level private apartment with a well-equipped kitchen and separate entrance provides ideal space for extended family, guests, or potential rental income without compromising main living privacy.
Expansive Grounds & Expansion Potential: Nearly one acre of vast gardens and natural setting offers ample space for outdoor enjoyment, with significant room to add a pool, ADU, or further enhance landscaping.

Cons

Dated Kitchen: The description notes a 'charming original kitchen,' which, while classic, may not meet the contemporary design and amenity expectations of a luxury buyer for a 1996-built estate.
Lack of Modern Systems/Efficiency Updates: The property emphasizes classic architectural elements but does not mention modern HVAC systems (e.g., central AC), smart home technology, or energy-efficient upgrades, which may be desired by luxury buyers.
High Maintenance for Extensive Grounds: The nearly one-acre property with 'vast gardens and natural setting' implies significant ongoing landscaping and property maintenance costs and effort for the homeowner.
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