670 Hot Springs Road, MONTECITO, CA 93108, MONTECITO, 93108 - 8 bed, 13 bath
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670 Hot Springs Road
MONTECITO, CA 93108
ACTIVE
CONDITION: EXCELLENT
8Beds
13Baths
20,000Sq Ft
457,380Lot Size
Property Price
LIST PRICE$60,000,000
SUMMARY
Far Afield, the recently restored 10.5 acre ocean & mountain view estate in the heart of Montecito, invites you on an elegant and opulent adventure, inside and out, delighting the senses at every turn. The estate's fabled origins trace back to 1917 when the residence was designed by Francis T. Underhill and the gardens by Lockwood de Forest. The classic layout has the spirit of a European salon, creating an anthology of spaces celebrating art, conversation, and a life well lived. Each section of the garden is a living compendium offering a glimpse into diverse ecosystems and horticultural traditions. Between the newly restored residence, gardens that have thrived with over a century of reverence, and vast ocean & mountain views, the resulting composition is a trophy property for the ages.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Despite being built in 1917, the MLS description explicitly states the residence has been 'recently restored' and is a 'newly restored residence.' The provided images corroborate this, showcasing pristine interiors with high-end finishes, elegant light fixtures, immaculate flooring (parquet wood, marble, carpet), and luxurious styling throughout all visible common areas. While specific images of the kitchen and bathrooms are not available, the comprehensive nature of the 'recent restoration' and the overall opulent condition of the estate strongly indicate that these key areas would also be fully updated to current luxury standards, meeting the criteria for an 'excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 457380, living area = 20000.
- Prime Location & Panoramic Views
Situated in the highly coveted heart of Montecito, the estate offers vast, unobstructed ocean and mountain views, a premium feature for luxury properties.
- Historical & Architectural Significance
With fabled origins dating back to 1917, the residence was designed by Francis T. Underhill and its gardens by Lockwood de Forest, imbuing it with unique pedigree and cultural value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =457380, other record lot size in square feet = 453459. Living area discrepancy between mls listing and other public or private record. mls listing living area = 20000, other record living area = 13629.
- Exclusivity of Price Point
The $60 million list price significantly narrows the potential buyer pool to an extremely niche market of ultra-high-net-worth individuals.
- High Maintenance & Operational Costs
An estate of this magnitude (10.5 acres, 20,000 sqft, historic gardens) will demand substantial ongoing maintenance, staffing, and operational expenses.
About 670 Hot Springs Road
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1917
- Lot Size
- 457,380 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 13 (13 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 6.0 |
| Baths | 13.0 | 9.0 |
| Square foot | 20,000 | 8,292 |
| Lot Size | 457,380 | 98,010 |
| Price | $60.00M | $7.20M |
| Price per sq ft | $3.0K | $868 |
| Built year | 1917 | 2009 |
| HOA | $0 | $0 |
| Days on market | 533 | 119 |
Pricing History
Listed for Sale
May 9, 2025
$60,000,000
Initial Listing