670 Hot Springs Road, MONTECITO, CA 93108, MONTECITO, 93108 - 8 bed, 13 bath
670 Hot Springs Road
MONTECITO, CA 93108
Property Price
SUMMARY
Analysis of 670 Hot Springs Road, MONTECITO, CA 93108 is currently available with a list price of $60,000,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the MONTECITO Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1917, the listing explicitly states the property has been 'recently restored.' The images showcase an estate with impeccable maintenance, high-end finishes, and a blend of classic architecture with modern luxury. All visible areas, including flooring (marble, herringbone wood), light fixtures, and general decor, appear new or virtually new, reflecting a comprehensive and recent renovation. While specific images of the kitchen and bathrooms are not provided, the overall context of a 'recently restored' $60M trophy property in Montecito strongly indicates that these critical areas would also meet the highest current quality standards, with no deferred maintenance and minimal physical depreciation, aligning perfectly with the 'excellent' criteria for extensive renovation within the last 5 years.
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 = 13629.
- Unrivaled Location & Prestige
Situated in the 'heart of Montecito,' this property is described as a 'trophy property for the ages,' indicating its prime, highly desirable, and exclusive location.
- Historical & Architectural Significance
The estate boasts fabled origins from 1917, designed by Francis T. Underhill with gardens by Lockwood de Forest, offering unique historical and architectural pedigree.
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.
- Extremely High Price Point
The list price of $60,000,000 places this property in an ultra-luxury segment, significantly limiting the potential buyer pool to a very niche market.
- Extensive Ongoing Maintenance Costs
A 10.5-acre estate with historic gardens and a large, restored residence will incur substantial ongoing costs for landscaping, specialized maintenance, and utilities.
About 670 Hot Springs Road
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.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 4.0 | 98% |
| Baths | 13.0 | 5.0 | 98% |
| Square foot | 13,629 | 3,784 | 99% |
| Lot Size | 457,380 | 43,560 | 99% |
| Price | $60.00M | $5.49M | 99% |
| Price per sq ft | $4.4K | $1.6K | 96% |
| Built year | 1917 | 1973 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 152 | 237 | 17% |
Pricing History
Listed for Sale
Oct 6, 2025
$60,000,000
Initial Listing