2934 Torito Road, MONTECITO, CA 93108, MONTECITO, 93108 - 6 bed, 6 bath
2934 Torito Road
MONTECITO, CA 93108
Property Price
SUMMARY
Analysis of 2934 Torito Road, MONTECITO, CA 93108 is currently available with a list price of $7,999,500. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the MONTECITO Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1964, the property has undergone an extensive high-end renovation that meets modern luxury standards. The kitchen is equipped with premium professional-grade appliances and contemporary cabinetry, while the bathrooms feature designer tiling and updated fixtures. The interior boasts high-quality hardwood flooring, recessed lighting, and seamless indoor-outdoor transitions. All major components and amenities, including the pool, guest house, and sports court, appear meticulously maintained with no signs of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 59242, living area = 3678.
- Multi-Unit Versatility
The property functions as a comprehensive compound featuring a main residence, a detached one-bedroom guest house, and a studio apartment, offering exceptional flexibility for guests or multi-generational living.
- Resort-Style Amenities
Situated on 1.36 acres, the estate offers a 'small estate' lifestyle with a pool, spa, pool house, outdoor sports court, and a private fruit orchard, maximizing the utility of the expansive lot.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Originally built in 1964, the property may require ongoing maintenance or further systemic upgrades to meet the expectations of buyers looking for modern high-efficiency construction.
- Market Pricing Sensitivity
A recent price reduction from $8.25M to $7.9995M indicates that the property is currently navigating market price discovery to align with recent comparable sales in the area.
About 2934 Torito Road
A quietly elegant Montecito retreat set on 1.36 acres, this private compound offers a sense of openness, ease, and connection to its surroundings. Once home to Hollywood legend Jane Russell, the 3,678± sq ft main residence sits on a private road and has been thoughtfully updated for contemporary living while preserving its original warmth and character. Light-filled interiors feel open and relaxed, flowing naturally outdoors for an effortless indoor-outdoor lifestyle. The property lives like a small estate with pool and spa, pool house, outdoor sports court, built-in BBQ, pergolas, and a fruit orchard. A one-bedroom guest house and studio apartment above the two- garage offer flexible accommodations, all just minutes from beaches and the Santa Barbara Polo & Racquet Club.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 59,242 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 6 (6 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 90% |
| Baths | 6.0 | 5.0 | 75% |
| Square foot | 3,678 | 3,681 | 50% |
| Lot Size | 59,242 | 43,560 | 79% |
| Price | $8.00M | $5.49M | 68% |
| Price per sq ft | $2.2K | $1.6K | 80% |
| Built year | 1964 | 1973 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 114 | 237 | 9% |
Pricing History
Listed for Sale
Feb 5, 2026
$7,999,500
$8,250,000
-3% Price Drop
Initial Listing
Price Change
Nov 13, 2025
$8,250,000
Initial Listing