315 Calle Elegante, MONTECITO, CA 93108, MONTECITO, 93108 - 3 bed, 3 bath
ACTIVE$4,995,000/sqft
315 Calle Elegante, MONTECITO, CA 93108
3Beds
3Baths
Sqft
30,492Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
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 = 30492, living area = 2987.
Top Cons:
Property Age: Built in 1988, while updated, some buyers in this luxury market may prefer newer construction or anticipate potential updates to original systems.
Compared to the nearby listings
Price:$5.00M vs avg $6.00M ($-1,005,000)38%
Size: sqft vs avg 2,795 sqft25%
Price/sqft:$0 vs avg $1.4K36%
More Insights
Built in 1988 (38 years old).
Condition: Built in 1988, this property has undergone an extensive and high-quality renovation, bringing its interiors to a virtually new and highly current standard. The 'Jenni Kayne-inspired' aesthetic is evident throughout, featuring natural oak floors, modern light fixtures, and a fresh, minimalist color palette. The kitchen boasts high-end stainless steel appliances and updated cabinetry, while the bathrooms showcase modern vanities, fixtures, and tiling. All visible components appear to be in excellent condition, reflecting a recent and comprehensive update that meets current luxury market expectations.
Year Built
1988
Close
-
List price
$5M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3685
Home ConditionExcellent
Features
Good View:
Patio
View-
About this home
Set on a private cul-de-sac, this 3-bed/2.5-bath home with an office and loft area blends timeless Spanish architecture with Jenni Kayne-inspired interiors. The Montecito home highlights soaring 19-foot ceilings, sunlit interiors, and an effortless indoor-outdoor connection. Two floor-to-ceiling stone fireplaces, natural oak floors, and open living, dining, and den areas add style and function. All bedrooms open to gardens, while the sanctuary-like primary suite features high ceilings, a spa-like bath, and 2 closets. A main-level office and upstairs office loft add flexibility. Outdoors, a large patio flows to a usable grassy yard with lush landscaping. Earthy and effortlessly luxurious, it's a rare find in the Cold Spring School District.
M
Marsha Kotlyar Estate Group
Listing Agent
Price History
Date
Event
Price
06/02/22
Sold
$4,019,000
11/26/01
Sold
$1,350,000
Condition Rating
Excellent
Built in 1988, this property has undergone an extensive and high-quality renovation, bringing its interiors to a virtually new and highly current standard. The 'Jenni Kayne-inspired' aesthetic is evident throughout, featuring natural oak floors, modern light fixtures, and a fresh, minimalist color palette. The kitchen boasts high-end stainless steel appliances and updated cabinetry, while the bathrooms showcase modern vanities, fixtures, and tiling. All visible components appear to be in excellent condition, reflecting a recent and comprehensive update that meets current luxury market expectations.
Pros & Cons
Pros
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 = 30492, living area = 2987.
Prime Location & School District: Situated on a private cul-de-sac in Montecito and within the highly desirable Cold Spring School District, offering exclusivity and excellent educational opportunities.
Exceptional Design & Interior Features: Showcases a blend of timeless Spanish architecture with Jenni Kayne-inspired interiors, highlighted by soaring 19-foot ceilings, natural oak floors, and two floor-to-ceiling stone fireplaces.
Flexible & Functional Layout: Features a versatile floor plan with 3 bedrooms, 2.5 baths, a dedicated main-level office, and an additional upstairs office loft, catering to diverse lifestyle needs.
Seamless Indoor-Outdoor Living: Boasts an effortless indoor-outdoor connection, with all bedrooms opening to gardens, a large patio, and a usable grassy yard with lush landscaping.
Luxurious Primary Suite: The sanctuary-like primary suite offers high ceilings, a spa-like bath, and two closets, providing a private and opulent retreat.
Cons
Property Age: Built in 1988, while updated, some buyers in this luxury market may prefer newer construction or anticipate potential updates to original systems.
Lack of Explicit Views: The description does not highlight panoramic ocean or mountain views, which are often a premium feature and highly sought after in the Montecito market.
High Price Point: The nearly $5 million list price targets a very specific and limited buyer demographic, which could potentially extend the property's market time.