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663 Lilac Drive, Montecito, CA 93108, Montecito, 93108 - 5 bed, 9 bath

663 Lilac Drive, Montecito, CA 93108 home-pic-0
ACTIVE$10,900,000$6,630/sqft
Est. Value: $10,900,000
%
FairlyEstimate
663 Lilac Drive, Montecito, CA 93108
5Beds
9Baths
6,630Sqft
88,862Lot

Price Vs. Estimate

The estimated value ($10,900,000) is $0 (0%) lower than the list price ($10,900,000). 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 = 88862, living area = 6630.
Top Cons:
Age of Property (Potential for System Updates): Built in 1940, while stately and well-maintained, the property may have original systems (plumbing, electrical, insulation) that could require significant future investment to meet modern standards or efficiency expectations.

Compared to the nearby listings

Price:$10.90M vs avg $6.00M (+$4,900,000)83%
Size:6,630 sqft vs avg 2,835 sqft89%
Price/sqft:$1.6K vs avg $1.4K63%

More Insights

Built in 1940 (86 years old).
Condition: This stately 1940 Cape Cod home is exceptionally well-maintained and boasts significant high-end renovations, particularly in the kitchen and primary bathroom. The kitchen features top-of-the-line Gaggenau appliances, natural quartzite countertops, and modern lighting, indicating a recent, extensive update. The primary bathroom is luxurious with a jetted tub and classic finishes. Throughout the home, stunning red oak floors and handcrafted millwork are in excellent condition. However, the property's original build year (1940) and the noted absence of central air conditioning, a significant feature for a luxury home in this climate, prevent it from achieving an 'Excellent' score. While many components are updated and in superb condition, the underlying systems of an older home and the lack of a modern cooling system suggest it doesn't meet the 'virtually new' standard across all components required for 'Excellent'. The secondary bathroom's tile style also appears to be an older renovation, likely within the 5-15 year range, aligning with the 'Good' criteria.
Year Built
1940
Close
-
List price
$10.9M
Original List price
-
Price/Sqft
$1,644
HOA
$0
Days on market
-
Sold On
-
MLS number
25564263
Home ConditionGood
Features
Excellent View:
Deck
Pool
Spa
Patio
View-

About this home

Welcome to Lilac Manor, a stately Cape Cod home nestled on Montecito's most coveted street. This magnificent estate is set on 2.04 acres of fertile soils with private walking trails, a dry rock creek, and incredibly well-maintained gardens filled with mature trees and rare plants that bloom year-round. Step across the motor court into the grand foyer with inlay hardwood floor, you will be greeted by an elegant living room with breathtaking views of the manicured grounds to the ocean and islands beyond. The living room offers soaring double height ceilings surrounded by a library on the upper level for cozy lounging or quiet reading. Oversized French windows and doors perfectly frame the tranquil gardens, offer an abundance of natural light, and provide a seamless flow to the covered porches outside. The well-appointed floor plan offers grand-scale public rooms, with handcrafted millwork and stunning red oak floors throughout. The open kitchen is equipped with top-of-the-line appliances, including a double-wide Gaggenau fridge/freezer, a huge center island with natural quartzite countertop, and overhead skylights. It opens directly to the formal dining room and family room - perfect for entertaining. The primary suite occupies an entire wing on the second floor and is outfitted with a beautiful sitting area with fireplace and private ocean-view balcony, a dressing room with wet bar, and dual walk-in closets and bathrooms. Two additional ground floor bedroom suites and a lower-level office/recreational area complete the main residence. Outside, the verdant gardens boast a variety of amenities and luxuries, including a charming storybook one-bedroom cottage, and a studio apartment above the garage with private driveway. Additional outdoor amenities include a sparkling crescent-shaped pool with built-in spa, entertainment decks, and an outdoor kitchen under a wisteria-covered dining pergola. Meandering paths lead you through lush plantings and tree canopies to the lower level with a tree house, vegetable bed, secret garden in the woods, and the dry creek. Hidden from the road behind mature vegetation, Lilac Manor's privacy is assured with three gated entries and its location on a peaceful lane tucked away in Montecito. Conveniently situated near Montecito Upper Village shops, restaurants, and Birnam Wood Golf Club, this estate offers serenity with breathtaking ocean vistas and is a true garden lover's paradise.

N
Neyshia Go
Listing Agent
Condition Rating
Good
This stately 1940 Cape Cod home is exceptionally well-maintained and boasts significant high-end renovations, particularly in the kitchen and primary bathroom. The kitchen features top-of-the-line Gaggenau appliances, natural quartzite countertops, and modern lighting, indicating a recent, extensive update. The primary bathroom is luxurious with a jetted tub and classic finishes. Throughout the home, stunning red oak floors and handcrafted millwork are in excellent condition. However, the property's original build year (1940) and the noted absence of central air conditioning, a significant feature for a luxury home in this climate, prevent it from achieving an 'Excellent' score. While many components are updated and in superb condition, the underlying systems of an older home and the lack of a modern cooling system suggest it doesn't meet the 'virtually new' standard across all components required for 'Excellent'. The secondary bathroom's tile style also appears to be an older renovation, likely within the 5-15 year range, aligning with the 'Good' criteria.
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 = 88862, living area = 6630.
Prestigious Location & Privacy: Nestled on Montecito's most coveted street, the estate offers exceptional privacy and security with three gated entries and mature vegetation, creating a serene and exclusive environment.
Expansive & Meticulously Maintained Grounds: Spanning 2.04 acres, the property boasts incredibly well-maintained gardens, private walking trails, a dry rock creek, mature trees, and rare plants, providing a true garden lover's paradise.
Luxurious Amenities & Guest Accommodations: The estate features a crescent-shaped pool with spa, entertainment decks, an outdoor kitchen, a charming one-bedroom cottage, and a studio apartment above the garage, offering extensive luxury and versatility.
Breathtaking Ocean & Island Views: The property provides stunning, unobstructed views of the ocean and islands from the living room and a private balcony in the primary suite, significantly enhancing its appeal.
High-End Interior Finishes & Gourmet Kitchen: The interior showcases grand-scale public rooms with handcrafted millwork, stunning red oak floors, and a gourmet kitchen equipped with top-of-the-line Gaggenau appliances and natural quartzite countertops.

Cons

Age of Property (Potential for System Updates): Built in 1940, while stately and well-maintained, the property may have original systems (plumbing, electrical, insulation) that could require significant future investment to meet modern standards or efficiency expectations.
Absence of Central Air Conditioning: The description does not mention a cooling system, which could be a significant drawback for comfort during warmer months and is often an expected feature in luxury homes of this caliber.
Extensive Grounds Maintenance: The 2.04 acres of meticulously maintained gardens and elaborate outdoor features, while beautiful, will require substantial ongoing maintenance and cost, which may not appeal to all potential luxury buyers.
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