526 Crocker Sperry Drive, MONTECITO, CA 93108, MONTECITO, 93108 - 4 bed, 6 bath
ACTIVE$9,850,000$5,041/sqft
Est. Value: $9,235,840
-6%
AboveEstimate
526 Crocker Sperry Drive, MONTECITO, CA 93108
4Beds
6Baths
5,041Sqft
56,628Lot
Price Vs. Estimate
The estimated value ($9,235,839.78) is $614,160.22 (6%) lower than the list price ($9,850,000). This property may be overpriced.
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 = 56628, living area = 5041.
Top Cons:
High Monthly Association Fees: The significant monthly association fee of $1,265 adds a substantial ongoing cost to homeownership, which may be a consideration for some buyers.
Compared to the nearby listings
Price:$9.85M vs avg $6.00M (+$3,850,000)79%
Size:5,041 sqft vs avg 2,835 sqft81%
Price/sqft:$2.0K vs avg $1.4K79%
More Insights
Built in 1981 (45 years old).
Condition: The property, built in 1981, is exceptionally well-maintained and move-in ready, featuring updated kitchen and bathrooms. The kitchen boasts modern stainless steel appliances, contemporary cabinetry, and white countertops, appearing to have been renovated within the last 5-15 years. Bathrooms also show modern fixtures and finishes, though some stylistic choices like wood paneling are distinct to the mid-century aesthetic. While the home is in excellent condition with high-quality materials and a desirable design, the 1981 build year and the listing's suggestion of 'flexibility to reimagine' indicate that some buyers might still consider further modernization to align with the newest luxury standards, preventing an 'Excellent' rating for a property of this age.
Year Built
1981
Close
-
List price
$9.85M
Original List price
-
Price/Sqft
$1,954
HOA
$1,265
Days on market
-
Sold On
-
MLS number
25-2860
Home ConditionGood
Features
Excellent View:
Pool
Spa
Patio
View-
About this home
Mid-century elegance with a Palm Springs vibe and sweeping views in Montecito's guard-gated Birnam Wood Golf Club. Move-in ready with flexibility to reimagine-virtually staged images highlight design options. Designed by James Morris, the home showcases clean lines, walls of glass, and seamless indoor-outdoor flow. Set in the Golden Quadrangle, it offers panoramic mountain and fairway views, a dramatic courtyard with pool, and sunlit interiors. With soaring walls and open spaces, it's an art collector's dream. The flexible, mostly single-level layout includes 3 bedroom suites, office, 2 powder rooms, detached studio, and ample parking. Steps from the clubhouse, enjoy golf, dining, and community amenities.
R
Riskin Partners
Listing Agent
Condition Rating
Good
The property, built in 1981, is exceptionally well-maintained and move-in ready, featuring updated kitchen and bathrooms. The kitchen boasts modern stainless steel appliances, contemporary cabinetry, and white countertops, appearing to have been renovated within the last 5-15 years. Bathrooms also show modern fixtures and finishes, though some stylistic choices like wood paneling are distinct to the mid-century aesthetic. While the home is in excellent condition with high-quality materials and a desirable design, the 1981 build year and the listing's suggestion of 'flexibility to reimagine' indicate that some buyers might still consider further modernization to align with the newest luxury standards, preventing an 'Excellent' rating for a property of this 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 = 56628, living area = 5041.
Prime Location & Exclusivity: Situated in Montecito's highly desirable, guard-gated Birnam Wood Golf Club within the 'Golden Quadrangle,' offering unparalleled prestige, security, and community amenities.
Exceptional Architecture & Design: Designed by James Morris, the home boasts 'Mid-century elegance with a Palm Springs vibe,' featuring clean lines, walls of glass, seamless indoor-outdoor flow, soaring walls, and open spaces ideal for art collectors.
Panoramic Views: The property offers sweeping panoramic mountain and fairway views, enhancing its aesthetic appeal and value.
Luxury Amenities & Flexible Layout: Includes a dramatic courtyard with a pool, a detached studio, an office, a mostly single-level layout with 3 bedroom suites, ample parking, and direct access to golf, dining, and club amenities.
Move-in Ready Condition: Described as 'move-in ready,' allowing buyers to occupy the property immediately without the need for extensive initial renovations.
Cons
High Monthly Association Fees: The significant monthly association fee of $1,265 adds a substantial ongoing cost to homeownership, which may be a consideration for some buyers.
Niche Architectural Style: While distinctive, the 'Mid-century elegance with a Palm Springs vibe' may appeal to a specific aesthetic preference, potentially narrowing the pool of interested luxury buyers compared to more universally contemporary designs.
Potential for Modernization Costs: Despite being 'move-in ready,' the 1981 build year and the mention of 'flexibility to reimagine' suggest that some buyers at this price point may desire significant updates to systems or finishes to align with current luxury standards, incurring additional post-purchase expenses.