2934 Torito Road, MONTECITO, CA 93108, MONTECITO, 93108 - 6 bed, 6 bath
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MONTECITO, CA 93108
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.
Property is new construction or fully renovated.
Although originally built in 1964, the property has undergone an extensive, high-end contemporary renovation within the last few years. The kitchen is fully modernized with premium stainless steel appliances, waterfall-edge countertops, and designer pendant lighting. Bathrooms feature luxury finishes including mosaic tile work, frameless glass showers, and high-end fixtures. The interior boasts vaulted ceilings, updated hardwood flooring, and seamless indoor-outdoor integration, meeting the highest current quality standards with no visible deferred maintenance.
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.
The 1.36-acre estate offers exceptional flexibility with a main residence, a detached one-bedroom guest house, and a studio apartment, making it ideal for multi-generational living or hosting guests.
The property functions as a private resort, featuring a pool, spa, pool house, outdoor sports court, and a fruit orchard, providing a comprehensive luxury lifestyle within the grounds.
Built in 1964, the property may require more significant ongoing maintenance and potential system upgrades compared to newer luxury constructions in the area.
A recent price reduction from $8.25M to $7.9995M suggests the property is still navigating market value alignment, which may reflect competitive pressures in the local luxury segment.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 92% |
| Baths | 6.0 | 4.0 | 81% |
| Square foot | 3,678 | 3,601 | 55% |
| Lot Size | 59,242 | 40,293.1 | 82% |
| Price | $8.00M | $5.31M | 74% |
| Price per sq ft | $2.2K | $1.7K | 75% |
| Built year | 1964 | 1980 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 160 | 238 | 25% |
Feb 5, 2026
$7,999,500
$8,250,000
-3% Price Drop
Initial Listing
Nov 13, 2025
$8,250,000
Initial Listing