
SANTA BARBARA, CA 93108
This Spanish-Influenced Montecito Estate is listed at $6,895,000, offering a premier lifestyle in a world-class coastal enclave. The valuation is supported by a $6,487,239 Fair Market Value, reflecting the immense land value of the 1.4-acre lot and its proximity to the Upper Village. With a Condition Rating of 4, the home is well-maintained but offers a clear canvas for luxury modernization. Key features include a detached art studio, guest suite, and seasonal creek views. This tranquil sanctuary is the perfect match for Discerning Homeowners or Luxury Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 601 San Ysidro Road Subject | $6,895,000* List Price | 5 | 5 | 3,399 | $1,997 | - |
A 1399 School House Road Sold | $6,625,000 | 5 | 5 | 3,637 | $1,822 | 0.6 mi |
B 796 Hot Springs Road Sold | $8,464,000 | 3 | 4 | 4,196 | $2,017 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, the property is well-maintained and move-in ready but shows significant signs of being outdated. The kitchen features dated blue tile countertops and older cabinetry, and the Saltillo tile flooring throughout the main living areas reflects the original construction era. While there are some updates like high-end stainless steel appliances and newer flooring in the bedrooms, the home has not undergone a full recent renovation to meet modern luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 60984, living area = 3399.
Situated moments from the Upper Village, this property offers one of the world's most prestigious addresses, providing a perfect balance of secluded nature and cosmopolitan convenience.
The 1.40-acre sun-drenched parcel features a seasonal creek and mature oak canopy, offering a rare level of privacy and natural beauty in a prime coastal setting.
Built in 1982, the property may require significant modernizations or systemic upgrades to align with the contemporary luxury standards expected at this price point.
The presence of a seasonal creek and dense mature foliage requires ongoing specialized landscape maintenance and may carry specific insurance or flood zone considerations.
At approximately $2,028 per square foot, the valuation is heavily weighted toward the land and location, which may challenge buyers looking for more substantial interior square footage.
Tucked beneath the canopy of mature trees and embraced by the gentle curve of meandering seasonal Oak Creek, Heart of Montecito captures the essence of timeless charm. This Spanish influenced estate sits on sun drenched 1.40 +/- acre parcel just moments from the center of Montecito's Upper Village, offering an effortless blend of nature, sophistication, and Santa Barbara coastal living. The main home offers 4 bedrooms and 3 1/2 bathrooms, with office space. The library showcases natural light, a sense of peaceful enjoyment, and nature all around. Moving effortlessly into the living room with the focal point fireplace accentuated by more windows and sunlight. There is an attached 1 bedroom, 1 bathroom exterior entry guest suite. And charming rustic barn used as art studio. The property's location is close to everything Santa Barbara. Montecito is one of the world's most prestigious addresses, located on the California Coast and is home to the most discerning buyers. Known for its grace and beauty, Montecito is nestled just two miles southeast of Santa Barbara with the backdrop of the Santa Ynez foothills and the beach a couple miles down the road. Surrounding areas offer endless beaches, museums, contemporary, plein air, and modern art galleries, symphony, Santa Barbara Film Festival, golf, tennis, sailing, fishing, and hiking. Take in the Pacific Ocean breezes while you walk miles along the coastline. Upscale boutiques and major shopping centers, delicious specialty restaurants and bakeries. Montecito is small enough to offer a welcoming hometown feel, yet cosmopolitan enough to attract some of the world's most important dignitaries and celebrities. Whether strolling along the shaded creekside paths, enjoying the golden hour under ancient oaks, or entertaining al fresco with garden views, this is Montecito at its most magical. Welcome home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 76% |
| Baths | 5.0 | 4.0 | 52% |
| Square foot | 3,399 | 3,601 | 44% |
| Lot Size | 60,984 | 40,293.1 | 83% |
| Price | $6.89M | $5.31M | 67% |
| Price per sq ft | $2.0K | $1.7K | 70% |
| Built year | 1982 | 1981 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 290 | 240 | 70% |
Jul 7, 2025
$6,895,000
Initial Listing