
MONTECITO, CA 93108
This Historic Andalusian Hacienda Compound is listed at $12,500,000, representing a premium acquisition within the prestigious Golden Quadrangle. With a Fair Market Value of $11,816,000, the pricing reflects the property's rare one-acre lot and versatile multi-structure configuration. Boasting a Condition Rating of 3, the estate is meticulously maintained, featuring a main residence, guest cottage, and two studios complemented by a pool and mountain range views. This turnkey sanctuary offers an effortless lifestyle, making it the premier choice for luxury homeowners or multi-generational families seeking a private Montecito retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 549 Hot Springs Road Subject | $12,500,000* List Price | 7 | 6 | 2,932 | $4,030 | - |
A 1381 E Valley Road Active | $12,250,000 List Price | 5 | 7 | 4,032 | $3,038 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1925 Andalusian hacienda is in move-in ready condition and has been meticulously maintained. While the property retains its historic charm, it features significant updates including high-end stainless steel kitchen appliances, well-maintained terracotta tile flooring, and updated bathrooms with custom cabinetry and tile work. The exterior systems, including the pool, fountain, and newer wood decking, appear to be in excellent shape with no signs of deferred maintenance, fitting the criteria for a well-maintained property that has undergone quality updates within the last 15 years.
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 = 2932.
Situated in Montecito's most prestigious neighborhood, this property offers elite status and exceptional long-term value within the highly coveted Golden Quadrangle.
The one-acre estate features a main residence, a two-bedroom guest cottage, and two detached studios, providing rare flexibility for guests, staff, or dedicated creative workspaces.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 3.
With a $12.5 million asking price for approximately 2,932 square feet of living space, the property commands a significant premium that may challenge buyers looking for more interior scale.
As a century-old estate built in 1925, the property likely requires specialized ongoing maintenance and potential modernization of core systems to meet contemporary standards.
Romantic. Playful. Effortless. Inspired by the simplicity of a 1920s Andalusian hacienda, this Golden Quadrangle compound recalls an earlier Montecito, where days unfold outdoors & life gathers around gardens, tables & courtyards. Beyond carved wooden doors, a secluded acre becomes a private village: morning coffee in the sun, afternoons between pool & shaded patios, evenings of long dinners, board games, & conversation under the trees. The 3BD/3.5BA main residence opens to the gardens, while a 2BD guest cottage & two detached studios offer privacy for guests, work, or creativity. Stay a little longer -- there's an open door policy!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 97% |
| Baths | 6.0 | 4.0 | 81% |
| Square foot | 2,932 | 3,601 | 41% |
| Lot Size | 43,560 | 40,075.199 | 56% |
| Price | $12.50M | $5.30M | 93% |
| Price per sq ft | $4.3K | $1.7K | 97% |
| Built year | 1925 | 1980 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 239 | 2% |
Mar 24, 2026
$12,500,000
Initial Listing