670 Hot Springs Road, MONTECITO, CA 93108, MONTECITO, 93108 - 8 bed, 13 bath
ACTIVE$60,000,000$20,000/sqft
670 Hot Springs Road, MONTECITO, CA 93108
8Beds
13Baths
20,000Sqft
457,380Lot
Price Vs. Estimate
Estimation data not available
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 = 457380, living area = 20000.
Top Cons:
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.
Compared to the nearby listings
Price:$60.00M vs avg $6.00M (+$54,000,000)99%
Size:20,000 sqft vs avg 2,835 sqft99%
Price/sqft:$3.0K vs avg $1.4K94%
More Insights
Built in 1917 (109 years old).
Condition: 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.
Year Built
1917
Close
-
List price
$60M
Original List price
-
Price/Sqft
$3,000
HOA
$0
Days on market
-
Sold On
-
MLS number
25-1845
Home ConditionExcellent
Features
Excellent View:
Deck
Pool
Patio
View-
About this home
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.
T
Timothy Di Prizito
Listing Agent
Condition Rating
Excellent
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.
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 = 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.
Expansive & Meticulously Maintained Grounds: The property boasts an impressive 10.5 acres of land, featuring century-old, revered gardens described as a 'living compendium' of diverse ecosystems.
Grand Scale & Recent Restoration: A sprawling 20,000 sqft residence with 8 bedrooms and 13 bathrooms, recently restored to an elegant and opulent standard, offering luxurious living spaces.
Trophy Property Status: Described as a 'trophy property for the ages,' indicating its rarity, prestige, and potential as a significant long-term investment in the ultra-luxury market.
Cons
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.
Potential for Historic Property Challenges: Despite recent restoration, a 1917-built property may still require specialized care, materials, and expertise for long-term upkeep, potentially incurring higher costs or unique preservation considerations.