416 Camphor Place, MONTECITO, CA 93108, MONTECITO, 93108 - 4 bed, 6 bath
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MONTECITO, CA 93108
This Sophisticated Montecito Residence represents a Strong Value Opportunity, listed at $8,800,000—positioned well below the $8,990,411 Fair Market Value by 2%. This valuation gap provides $190,411 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home offers a seamless indoor-outdoor lifestyle with a chef's kitchen, pool, and spa. Its prime Upper Village location and flexible floor plan make this an ideal acquisition for Luxury Homeowners or Discerning Investors seeking a high-end, move-in ready asset.
Property is move-in ready.
Built in 2009, the property is 17 years old, placing it squarely in the 'Good' category (10-20y). The home is well-maintained and move-in ready, featuring high-end finishes like coffered ceilings, hardwood floors, a chef's kitchen, and a fully functional outdoor living space with a pool and BBQ.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20038, living area = 5000.
Situated on a quiet cul-de-sac in Montecito's prestigious Upper Village, this property offers an elite level of privacy and immediate proximity to world-class dining and shopping.
The 2009-built residence features a highly desirable floor plan where the primary living spaces and suites are located on the main level, ensuring long-term accessibility and effortless flow.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5000, other record living area = 3530.
At just under one-half acre, the lot size may be considered modest for the $8.8M price point in Montecito, where luxury buyers often seek larger estate grounds.
With only four bedrooms despite the 5,000 square foot size, the home prioritizes specialized spaces like offices and studios over sleeping quarters, which may limit appeal for larger families.
Premier Upper Village setting on a charming Montecito cul-de-sac, this 2009-built residence blends timeless design w/ effortless living on just under one-half acre. Offering approximately 5,000± sq ft, the home lives primarily on the main level w/ beautifully scaled spaces throughout. A chef's kitchen & great room w/ fireplace open seamlessly to a covered loggia w/ outdoor fireplace, BBQ area, pool, & spa beyond. The private primary suite wing includes a generous office, while two additional bedroom suites, a second office, & an entertaining room w/ kitchenette, pool bath with exterior access offer flexibility for guests or everyday living. Upstairs studio retreat w/ bath, kitchenette, balcony & laundry. Mature landscaping, gated front courtyard with porch, motor-court, and a 2-car garage
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 6.0 | 5.0 | 77% |
| Square foot | 5,000 | 3,784 | 85% |
| Lot Size | 20,038 | 40,075.199 | 23% |
| Price | $8.80M | $5.30M | 77% |
| Price per sq ft | $1.8K | $1.7K | 51% |
| Built year | 2009 | 1984 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 221 | 2% |
May 25, 2026
$8,800,000
Initial Listing
Aug 30, 2013
$3,550,000
Public Record
Nov 23, 2010
$3,100,000
Public Record
Dec 1, 2006
$1,370,000
Public Record
Sep 13, 2006
$1,255,000
Public Record