2934 Torito Road, Santa Barbara, CA 93108, Santa Barbara, 93108 - 4 bed, 3 bath
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2934 Torito Road
Santa Barbara, CA 93108
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
3,678Sq Ft
59,242Lot Size
Property Price
LIST PRICE$7,999,500
SUMMARY
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. 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 garage offer flexible accommodations, all just minutes from beaches and the Santa Barbara Polo & Racquet Club.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone an extensive high-end renovation that seamlessly integrates modern luxury with its original mid-century character. The interior features a professional-grade kitchen with a Viking range and contemporary cabinetry, designer bathrooms with high-quality mosaic tile and modern fixtures, and consistent wide-plank hardwood flooring throughout. All systems and finishes appear new or virtually new, meeting the highest standards for a move-in ready luxury estate.
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 estate features a main residence, a detached one-bedroom guest house, and a studio apartment, offering exceptional flexibility for guests, staff, or multi-generational living.
- Expansive Private Compound
Situated on 1.36 acres, the property offers a rare level of privacy and resort-style amenities, including a pool, spa, sports court, and a fruit orchard in a prime Montecito location.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Originally built in 1964, the property may require more intensive ongoing maintenance or further modernization of core systems compared to newer luxury constructions.
- Market Positioning
A recent price reduction from $8.25M suggests the property is still finding its footing in the current high-end market, potentially indicating a longer-than-average absorption period.
About 2934 Torito Road
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 59,242 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 3.0 | 3.2 |
| Square foot | 3,678 | 2,768.185 |
| Lot Size | 59,242 | 20,827.852 |
| Price | $8.00M | $4.30M |
| Price per sq ft | $2.2K | $1.6K |
| Built year | 1964 | 1959 |
| HOA | $0 | $3.2K |
| Days on market | 362 | 89 |
Pricing History
Listed for Sale
Feb 5, 2026
$7,999,500
$8,250,000
-3% Price Drop
Initial Listing
Price Change
Oct 27, 2025
$8,250,000
Initial Listing