2985 E Valley Road, MONTECITO, CA 93108, MONTECITO, 93108 - 3 bed, 3 bath
2985 E Valley Road
MONTECITO, CA 93108
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2985 E Valley Road Subject | $4,000,000* List Price | 3 | 3 | 2,120 | $2,016 | - |
A 2795 E Valley Road Pending | $3,800,000 List Price | 3 | 4 | 1,637 | $2,321 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a brand-new 2023 construction featuring modern architectural standards, high-end contemporary finishes, and energy-efficient systems. As a newly built home, all components including the kitchen, bathrooms, flooring, and mechanical systems are in pristine condition with no physical depreciation or deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Montecito Location
Situated in the highly coveted Montecito community, this property offers proximity to world-class amenities, top-tier schools, and a prestigious lifestyle.
- Brand New Construction
Built in 2023, this home features modern architectural standards, energy-efficient systems, and contemporary finishes, ensuring a turnkey move-in experience.
- Modern Functional Layout
With 3 bedrooms and 3 bathrooms across 2,120 square feet, the home provides a well-proportioned and efficient floor plan suitable for modern luxury living.
CONSRISKS & DEFICIENCIES
- High Price per Square Foot
At a listing price of $4,000,000 for 2,120 square feet, the property commands a significant premium that may challenge value-oriented buyers.
- Potential Road Noise
Located on East Valley Road, a primary thoroughfare, the property may experience higher traffic volume and noise levels compared to more secluded Montecito estates.
About 2985 E Valley Road
Exceptional opportunity in MONTECITO. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2023
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 3.0 | 5.0 | 30% |
| Square foot | 2,120 | 3,681 | 26% |
| Lot Size | - | 43,560 | 10% |
| Price | $4.00M | $5.33M | 40% |
| Price per sq ft | $1.9K | $1.6K | 66% |
| Built year | 2023 | 1973 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 237 | 1% |
Pricing History
Listed for Sale
Feb 16, 2026
$4,000,000
Initial Listing