620 Stonehouse Lane, Montecito, CA 93108, Montecito, 93108 - 5 bed, 7 bath
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Montecito, CA 93108
This Mediterranean estate represents a Prime Investment Opportunity, listed at $17,450,000—positioned well below the $17,873,902 Fair Market Value by 2%. This valuation gap offers $423,902 in Instant Equity. Featuring a Good Condition Rating, the home showcases high-end finishes like chevron French oak floors and a chef's kitchen. With a dramatic mountain backdrop, pool, and mature orchards, this property offers a sophisticated lifestyle. It is an ideal acquisition for Luxury Homeowners or High-Net-Worth Investors seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 620 Stonehouse Lane Subject | $17,450,000* List Price | 5 | 7 | 6,416 | $2,786 | - |
A 620 Stonehouse Lane Active | $18,450,000 List Price | 5 | 7 | 6,416 | $2,876 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 2001 and underwent an extensive designer renovation in 2018. While the finishes are high-end (ILVE, Miele, Kelly Wearstler) and in mint condition, the 8-year age of the renovation places it in the 'Good' category (5-15y reno) rather than 'Excellent'.
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 = 6416.
Originally designed by Don Nulty and re-envisioned by Steve Hermann, the estate features world-class finishes including chevron French oak floors, Kelly Wearstler marble, and Samuel Heath fixtures.
Situated on over 1.3 acres with a dramatic mountain backdrop and mature olive orchards, the property offers a secluded sanctuary in one of the most coveted and prestigious neighborhoods.
The current list price of $17.45M represents a substantial appreciation from its 2017 sale price of $5.7M, which may invite intense scrutiny regarding the current market valuation.
The expansive 1.3-acre lot featuring mature orchards, a pool, and intricate Mediterranean landscaping necessitates significant ongoing maintenance costs and utility expenses.
Private Montecito SanctuarySet against a dramatic mountain backdrop in coveted Montecito, this light-filled Mediterranean estate evokes the timeless romance of the Tuscan countryside. Surrounded by mature olive trees and orchards, the 5-bedroom, 61/2-bath residence offers privacy, scale, and exceptional architectural pedigree.Originally designed by renowned architect Don Nulty and extensively re-envisioned in 2018 by celebrated designer Steve Hermann, the home blends classic Mediterranean elegance with sophisticated modern design. Interiors feature chevron French oak floors, a custom-cut marble foyer, barrel-vaulted ceilings, three fireplaces, and a chef's kitchen with ILVE Italian range, Miele appliances, Kalista fixtures, and Savant whole-home audio.Luxurious bathrooms include Kelly Wearstler and Ann Sacks mosaic marble with Samuel Heath fixtures. Outdoors, a pool and multiple patios--including a covered portico with fireplace--create an ideal setting for effortless Montecito living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 7.0 | 0.0 |
| Square foot | 6,416 | - |
| Lot Size | 56,628 | - |
| Price | $17.45M | $4.71M |
| Price per sq ft | $2.7K | $1.5K |
| Built year | 2001 | 0 |
| HOA | $0 | $0 |
| Days on market | 8 | 87 |
Jul 14, 2026
$17,450,000
Initial Listing
Jul 11, 2017
$5,700,000
Public Record
Aug 30, 2012
$4,750,000
Public Record
Mar 29, 1999
$865,000
Public Record