338 Toro Canyon Road, SANTA BARBARA, CA 93013, SANTA BARBARA, 93013 - 5 bed, 10 bath
ACTIVE$23,500,000$8,725/sqft
338 Toro Canyon Road, SANTA BARBARA, CA 93013
5Beds
10Baths
8,725Sqft
Lot
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 = 353707, living area = 7657.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 8725, other record living area = 7657.
Compared to the nearby listings
Price:$23.50M vs avg $1.82M (+$21,675,000)97%
Size:8,725 sqft vs avg 1,203 sqft97%
Price/sqft:$2.7K vs avg $59697%
More Insights
Built in 2005 (21 years old).
Condition: Built in 2005, this custom-built estate is 19 years old, placing it within the 'Good' category for age. The property is exceptionally well-maintained and move-in ready, showcasing high-end, timeless finishes throughout. The kitchen features professional-grade stainless steel appliances, custom wood cabinetry, stone countertops, and unique wood/tile flooring, all in excellent condition. While the style is classic Mediterranean/Spanish Revival rather than ultra-modern, it is luxurious and shows no signs of wear or needing updates. The numerous bathrooms, though not fully pictured, are expected to be of similar high quality given the overall standard of the home. All major systems appear functional and well-maintained, consistent with a property of this caliber and age.
Year Built
2005
Close
-
List price
$23.5M
Original List price
-
Price/Sqft
$2,693
HOA
$0
Days on market
-
Sold On
-
MLS number
25-669
Home ConditionGood
Features
Excellent View:
Pool
Spa
Patio
View-
About this home
Spread over 10 usable acres, this ocean view ranch estate is just moments from Padaro Lane Beach, Montecito, & the Santa Barbara Polo Club. The private estate leans into modern homesteading, enjoying a custom built home with 4 ensuite bedrooms, sited well off the road. The villa has it all: library, screening room, wine cellar, great room, covered stone terraces, privacy, and an infinity pool & spa. Boasting a state of the art equestrian center, 6-stall barn, guest apartment, hobby vineyards, and dual gated access. Space to plant your hearts' desire or create an epic polo estate, this is where ''grow-your-own'' ethos is glamorized, rustic-chic style with endless possibilities.
M
Marsha Kotlyar Estate Group
Listing Agent
Price History
Date
Event
Price
11/07/13
Sold
$10,600,000
03/25/02
Sold
$180,500
Condition Rating
Good
Built in 2005, this custom-built estate is 19 years old, placing it within the 'Good' category for age. The property is exceptionally well-maintained and move-in ready, showcasing high-end, timeless finishes throughout. The kitchen features professional-grade stainless steel appliances, custom wood cabinetry, stone countertops, and unique wood/tile flooring, all in excellent condition. While the style is classic Mediterranean/Spanish Revival rather than ultra-modern, it is luxurious and shows no signs of wear or needing updates. The numerous bathrooms, though not fully pictured, are expected to be of similar high quality given the overall standard of the home. All major systems appear functional and well-maintained, consistent with a property of this caliber and age.
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 = 353707, living area = 7657.
Expansive Acreage & Privacy: Spanning 10 usable acres, the estate offers exceptional privacy with dual gated access and a home sited well off the road, creating a secluded luxury retreat.
Luxury Amenities & Custom Features: The custom-built villa boasts high-end amenities including a library, screening room, wine cellar, great room, covered stone terraces, and an infinity pool & spa.
Equestrian & Homesteading Facilities: Features a state-of-the-art equestrian center with a 6-stall barn, a guest apartment, and hobby vineyards, catering to a luxurious modern homesteading lifestyle.
Prime Coastal Location & Views: Offers desirable ocean views and is ideally situated moments from Padaro Lane Beach, Montecito, and the Santa Barbara Polo Club, enhancing its prestige and accessibility.
Spacious & Well-Appointed Residence: The 8,725 sqft custom home includes 5 bedrooms and 10 baths, with 4 ensuite bedrooms, providing ample space and luxurious accommodations for residents and guests.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 8725, other record living area = 7657.
Ultra-High Price Point: The listing price of $23.5 million places this property in an extremely exclusive market segment, significantly limiting the pool of potential buyers.
Extensive Maintenance Requirements: The vast 10-acre property, large home, equestrian facilities, vineyards, and pool/spa demand substantial ongoing maintenance, staffing, and operational costs.
Niche Market Appeal: While exceptional for equestrian enthusiasts or those seeking a specific 'modern homesteading' lifestyle, the specialized features may not appeal to all ultra-luxury buyers, potentially affecting market duration.