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

485 Monarch Lane
MONTECITO, CA 93108
Property Price
SUMMARY
Analysis of 485 Monarch Lane, MONTECITO, CA 93108 is currently available with a list price of $5,795,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the MONTECITO Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1991-built Spanish Revival home is in move-in ready condition and has been extensively updated. The kitchen features modern cabinetry, stone countertops, and high-end stainless steel appliances. The interior boasts high-quality finishes such as vaulted wood-beamed ceilings, dark wood flooring, and contemporary light fixtures. While some bathroom elements like the stone countertops and tile show slight stylistic age, the overall maintenance is excellent and the property requires no immediate renovation to meet luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
- Prestigious Gated Community
Located in the exclusive Ennisbrook enclave, the property offers 24-hour guard-gated security and a high level of privacy and prestige within Montecito.
- Desirable Main-Level Living
The floor plan features a primary suite and a versatile second suite on the main level, providing excellent accessibility and convenience for long-term residency.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Built in 1991, the home may require cosmetic or mechanical updates to meet the contemporary luxury standards expected at the nearly $6 million price point.
- Modest Lot Size
At approximately 0.34 acres, the lot is relatively compact for the Montecito market, which may limit buyers seeking expansive private grounds or large gardens.
- Ongoing HOA Expenses
The $750 monthly association fee represents a significant recurring carrying cost that buyers must factor into their long-term ownership budget.
About 485 Monarch Lane
Exceptional Ennisbrook Casita - Timeless Elegance Tucked within Montecito's prestigious, gated Ennisbrook neighborhood, this Spanish Revival Casita exudes refined charm and effortless luxury. Surrounded by peaceful oaks, the residence is designed for both grand entertaining and intimate living, with soaring ceilings, light-filled interiors, and seamless indoor-outdoor flow. A thoughtfully crafted floor plan features a dramatic dining area opening to a covered loggia, an elegant living room with vaulted ceilings, and a chef's kitchen ideal for fun gatherings or quiet evenings. The main-level primary suite provides a private retreat, complemented by a versatile second suite--perfect for guests, an office, or media lounge. Upstairs, two additional bedrooms offer tranquil, treetop views. Ennisbrook's exclusive amenities, guard-gated privacy, two clubhouses, pools, spas, tennis courts, pickleball, and acres of natural open space, complete the offering. All just moments from Montecito's beaches, the shops and restaurants of both Lower & Upper Villages, and the cultural treasures of Santa Barbara.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1991
- Lot Size
- 14,810.4 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $750 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 5.0 | 50% |
| Square foot | 3,611 | 3,681 | 48% |
| Lot Size | 14,810.4 | 43,560 | 18% |
| Price | $5.79M | $5.49M | 53% |
| Price per sq ft | $1.6K | $1.6K | 48% |
| Built year | 1991 | 1973 | 68% |
| HOA | $750 | $0 | 92% |
| Days on market | 200 | 237 | 38% |
Pricing History
Listed for Sale
Aug 19, 2025
$5,795,000
Initial Listing



























