345 Sierra Vista Road, MONTECITO, CA 93108, MONTECITO, 93108 - 2 bed, 2 bath

345 Sierra Vista Road, MONTECITO, CA 93108 home-pic-0
ACTIVE$3,297,000$1,284/sqft
345 Sierra Vista Road, MONTECITO, CA 93108
2Beds
2Baths
1,284Sqft
43,560Lot

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 = 43560, living area = 1284.
Top Cons:
Limited Existing Living Space: The current home's 1284 sqft is relatively modest for a Montecito property, especially considering the generous one-acre lot and high price point.

Compared to the nearby listings

Price:$3.30M vs avg $6.00M ($-2,703,000)23%
Size:1,284 sqft vs avg 2,795 sqft26%
Price/sqft:$2.6K vs avg $1.4K93%

More Insights

Built in 1977 (49 years old).
Condition: Despite being built in 1977, this property has undergone a recent and extensive renovation, as explicitly stated in the description ('tastefully remodeled throughout') and clearly visible in the images. The kitchen boasts modern stainless steel appliances, white shaker cabinets, quartz countertops, and contemporary fixtures. Both bathrooms are fully updated with stylish vanities, LED-lit mirrors, glass-enclosed walk-in showers with modern tiling, and updated hardware. New wood-look flooring, fresh paint, and recessed lighting are consistent throughout the living spaces and bedrooms. The property presents as virtually new in its key living areas, meeting current quality standards with no immediate maintenance or updates required.
Year Built
1977
Close
-
List price
$3.3M
Original List price
-
Price/Sqft
$2,568
HOA
$1
Days on market
-
Sold On
-
MLS number
24-3627
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

Mesmerizing mountain views in Montecito's sought after Cold Spring School District. This charming cottage retreat has been tastefully remodeled throughout and is ideal for a full time residence or weekend getaway. Surrounded by majestic oaks which frame the mountain view and adding privacy. This one acre parcel inspires unlimited potential to add on to the existing home or create your own vision on the large flat building pad. Step inside to discover an inviting open-concept living space with vaulted ceilings, showcasing an updated kitchen and great room opening onto the mountain view outdoor patio and expansive entertaining area. The outdoor stone fireplace adds a touch of timeless charm to the alfresco lifestyle. An exceptional canvas for realizing your dream home in Montecito. For those with a vision for potential, this property offers exciting possibilities, including the option to expand the existing home or build anew on the flat upper area while retaining the existing home as an ADU or guest house. Architectural plans are readily available, providing inspiration and vision for those considering the expansion of the current residence or the addition of a new structure to the property.

H
Haden Homes Group
Listing Agent

Price History

Date
Event
Price
11/30/21
Sold
$1,835,000
Condition Rating
Excellent

Despite being built in 1977, this property has undergone a recent and extensive renovation, as explicitly stated in the description ('tastefully remodeled throughout') and clearly visible in the images. The kitchen boasts modern stainless steel appliances, white shaker cabinets, quartz countertops, and contemporary fixtures. Both bathrooms are fully updated with stylish vanities, LED-lit mirrors, glass-enclosed walk-in showers with modern tiling, and updated hardware. New wood-look flooring, fresh paint, and recessed lighting are consistent throughout the living spaces and bedrooms. The property presents as virtually new in its key living areas, meeting current quality standards with no immediate maintenance or updates required.
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 = 43560, living area = 1284.
Prestigious Location & School District: Situated in highly sought-after Montecito, within the desirable Cold Spring School District, offering a premium lifestyle and excellent educational opportunities.
Expansive Mountain Views & Privacy: Offers mesmerizing mountain views framed by majestic oaks, ensuring a private and serene setting ideal for a retreat.
Significant Expansion & Development Potential: A generous one-acre parcel with a large flat building pad, providing ample opportunity to expand the existing home, build anew, or add an ADU, with architectural plans readily available.
Tastefully Remodeled & Modern Interior: Features a charming, tastefully remodeled open-concept living space with vaulted ceilings and an updated kitchen, ready for immediate enjoyment.
Exceptional Outdoor Entertainment Space: Includes a mountain-view outdoor patio, an expansive entertaining area, and a charming outdoor stone fireplace, perfect for alfresco living.

Cons

Limited Existing Living Space: The current home's 1284 sqft is relatively modest for a Montecito property, especially considering the generous one-acre lot and high price point.
High Investment for Current Size: The list price of $3.297 million represents a substantial investment for a 2-bedroom, 1284 sqft home, potentially appealing more to buyers focused on land value and future development rather than immediate living space.
Potential for Older Systems: While tastefully remodeled, the 1977 construction year suggests that some underlying systems (e.g., plumbing, electrical) may be original or older, potentially requiring future maintenance or upgrades.
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