2934 Torito Road, Santa Barbara, CA 93108, Santa Barbara, 93108 - 4 bed, 3 bath
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Santa Barbara, CA 93108
Analysis of 2934 Torito Road, Santa Barbara, 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 Santa Barbara 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.
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.
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 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.
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.
Originally built in 1964, the property may require more intensive ongoing maintenance or further modernization of core systems compared to newer luxury constructions.
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.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 4.0 | 33% |
| 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 | 177 | 238 | 35% |
Feb 5, 2026
$7,999,500
$8,250,000
-3% Price Drop
Initial Listing
Oct 27, 2025
$8,250,000
Initial Listing