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485 Monarch Lane, MONTECITO, CA 93108, MONTECITO, 93108 - 4 bed, 4 bath

485 Monarch Lane, MONTECITO, CA 93108 home-pic-0
ACTIVE$6,295,000$3,611/sqft
485 Monarch Lane, MONTECITO, CA 93108
4Beds
4Baths
3,611Sqft
14,810.4Lot

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 = 14810, living area = 3611.
Top Cons:
High Monthly Association Fees: The property incurs a substantial monthly association fee of $750, which adds significantly to the overall cost of ownership.

Compared to the nearby listings

Price:$6.29M vs avg $6.00M (+$295,000)57%
Size:3,611 sqft vs avg 2,835 sqft60%
Price/sqft:$1.7K vs avg $1.4K65%

More Insights

Built in 1991 (35 years old).
Condition: Built in 1991, this property has undergone extensive, high-quality renovations, particularly in the kitchen and primary bathroom. The kitchen features modern white shaker cabinets, high-end stainless steel appliances (Viking visible), and contemporary countertops. The primary bathroom boasts a freestanding soaking tub and a large walk-in glass shower, all with modern finishes. Throughout the home, dark hardwood floors, updated light fixtures, and fresh paint contribute to a virtually new feel. While the underlying systems' age is noted as a potential weakness, the visible components meet current quality standards with no deferred maintenance, indicating a recent and comprehensive update.
Year Built
1991
Close
-
List price
$6.29M
Original List price
-
Price/Sqft
$1,743
HOA
$750
Days on market
-
Sold On
-
MLS number
25-609
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

Exceptional Ennisbrook Casita - Unbeatable Value & Timeless Elegance Nestled in the prestigious gated Ennisbrook community, this stunning Spanish Revival Casita offers an unparalleled blend of privacy, comfort, and effortless luxury. Among the oaks, with stand-out features, such : spacious indoor and outdoor living, soaring ceilings, and light-filled interiors designed to showcase artistic treasures. Ideally located near Montecito's finest beaches, charming villages, and cultural attractions, this home delivers carefree, sophisticated living. A thoughtfully designed floor plan creates seamless flow, with a dramatic dining area that opens to the covered loggia, and elegant living room with soaring ceilings. This home may be purchased furnished, adding to the ease of moving! A generous chef's kitchen is perfect for entertaining or quiet evenings at home. The primary suite offers a private retreat on the main level, complemented by a versatile second suite, ideal as a guest room, office, or media space. Upstairs, two additional bedrooms provide a serene, tree-top escape. The Ennisbrook community offers privacy with gate-guarded entry, two Clubhouses, pools, spas, tennis courts, and acres of open space.

M
Maurie McGuire
Listing Agent
Condition Rating
Excellent
Built in 1991, this property has undergone extensive, high-quality renovations, particularly in the kitchen and primary bathroom. The kitchen features modern white shaker cabinets, high-end stainless steel appliances (Viking visible), and contemporary countertops. The primary bathroom boasts a freestanding soaking tub and a large walk-in glass shower, all with modern finishes. Throughout the home, dark hardwood floors, updated light fixtures, and fresh paint contribute to a virtually new feel. While the underlying systems' age is noted as a potential weakness, the visible components meet current quality standards with no deferred maintenance, indicating a recent and comprehensive update.
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 = 14810, living area = 3611.
Exclusive Gated Community: Nestled within the prestigious Ennisbrook community, offering unparalleled privacy, gate-guarded entry, and a secure living environment.
Exceptional Community Amenities: Residents benefit from access to two Clubhouses, pools, spas, tennis courts, and acres of open space, enhancing lifestyle and recreational opportunities.
Prime Montecito Location: Ideally situated near Montecito's finest beaches, charming villages, and cultural attractions, providing convenient access to local luxuries.
Elegant Spanish Revival Design: A stunning Spanish Revival Casita featuring soaring ceilings, light-filled interiors, and a design that seamlessly blends indoor and outdoor living.
Functional Layout & Chef's Kitchen: Thoughtfully designed floor plan with a generous chef's kitchen perfect for entertaining, and a private primary suite on the main level.

Cons

High Monthly Association Fees: The property incurs a substantial monthly association fee of $750, which adds significantly to the overall cost of ownership.
Potential for System Updates: Built in 1991, while described as timeless, major systems (e.g., HVAC, plumbing, electrical) may be original and could require future updates or maintenance.
Reliance on Shared Amenities: While the community offers extensive recreational facilities, the property description does not detail significant private outdoor recreational features, meaning residents largely rely on shared amenities.
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