
Santa Barbara, CA 93108
This Stunning Move-In Ready Sanctuary is listed at $10,750,000, positioned well below the $11,261,430 Fair Market Value by 4%. This valuation gap offers $511,430 in Instant Equity for the discerning buyer. Featuring a Mint Condition Rating, the residence showcases a Chef's Kitchen, Vaulted Ceilings, and Panoramic Ocean and Mountain Views. With its expansive 2.7-acre lot and seamless indoor-outdoor design, this property offers an unparalleled lifestyle. It is an ideal acquisition for Luxury Homeowners or High-Net-Worth Investors seeking a premier Montecito estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 320 Ortega Ridge Road Subject 3 bd · 4 ba · 4,112 sqft · $2,739 | $10,750,000* List Price | 3 | 4 | 4,112 | $2,739 | - |
A 663 Lilac Drive Active 5 bd · 9 ba · 4,388 sqft · $2,393 · 1.0 mi | $10,500,000 List Price | 5 | 9 | 4,388 | $2,393 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 1999 but thoughtfully refreshed and updated over the past several years. The home is in mint condition, featuring a chef's kitchen, vaulted ceilings with exposed beams, and pristine indoor-outdoor living spaces requiring no maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 121097, living area = 4112.
Situated on a private knoll in the prestigious 93108 zip code, the property offers rare, unobstructed panoramic views of the ocean, Channel Islands, and mountains.
The Ketzel and Goodman-designed single-level ranch features vaulted ceilings and an open floor plan that flows effortlessly to expansive manicured lawns and covered patios.
With only three bedrooms provided in a 4,112-square-foot residence, the home may lack the capacity required for larger families or frequent guests at this price point.
The sprawling 2.78-acre lot with manicured lawns, fruit gardens, and diverse landscaping will require significant ongoing investment in maintenance and irrigation.
Set atop a hidden knoll, this sprawling, single level ranch home embodies the effortless elegance of Montecito living. Framed by breathtaking ocean, island, and mountain vistas, the property offers a rare combination of comfort, serenity, and convenience just moments from Montecito and Summerland's celebrated shops, restaurants, and beaches. Thoughtfully refreshed and updated over the past several years, the Ketzel and Goodman-designed residence embraces a timeless California aesthetic, where vaulted ceilings, generous living spaces, and an open, flowing floor plan create an atmosphere that is both sophisticated and welcoming. Designed for seamless indoor-outdoor living, every principal room connects to the surrounding landscape and captures the beauty of its extraordinary setting. The heart of the home is a chef's kitchen with a sunny breakfast nook, complemented by formal and informal gathering spaces including a grand living room, a warm and inviting family room, and a richly paneled library or office.. Three bedrooms and 3 baths (plus powder room) provide comfortable accommodations, including two en-suite retreats. Expansive, manicured lawns unfold toward sweeping ocean and Channel Islands views, creating an idyllic setting for entertaining, recreation, or quiet moments beneath the coastal sky. Covered patios, mature landscaping, fruit and vegetable gardens, and a curated mix of xeriscape and lush local plantings further enhance the sense of peace and privacy. There is also immediate access to the famed Montecito dedicated trail system for hiking and horseback riding. Offering the ease of single-level living, timeless ranch-style architecture, and an unparalleled connection to nature, this is a rare Montecito sanctuary that feels worlds away, yet remains just minutes from the Upper and Lower Villages, Summerland, and some of the area's most beloved beaches and dining destinations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 4.0 | 3.2 |
| Square foot | 4,112 | 2,768.185 |
| Lot Size | 121,097 | 20,827.852 |
| Price | $10.75M | $4.30M |
| Price per sq ft | $2.6K | $1.6K |
| Built year | 1999 | 1959 |
| HOA | $0 | $3.2K |
| Days on market | 36 | 89 |
Sep 18, 2026
$10,750,000
Initial Listing
May 24, 2021
$7,500,000
Public Record