670 Hot Springs Road, MONTECITO, CA 93108, MONTECITO, 93108 - 8 bed, 13 bath
ACTIVE$60,000,000$13,629/sqft
670 Hot Springs Road, MONTECITO, CA 93108
8Beds
13Baths
13,629Sqft
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 = 13629.
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.
Compared to the nearby listings
Price:$60.00M vs avg $6.00M (+$54,000,000)99%
Size:13,629 sqft vs avg 2,835 sqft99%
Price/sqft:$4.4K vs avg $1.4K98%
More Insights
Built in 1917 (109 years old).
Condition: 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.
Year Built
1917
Close
-
List price
$60M
Original List price
-
Price/Sqft
$4,402
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3712
Home ConditionExcellent
Features
Excellent View:
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 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.
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 = 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.
Expansive & Meticulously Restored Estate: Spanning 10.5 acres, the residence has been 'recently restored,' complemented by 'gardens that have thrived with over a century of reverence,' ensuring both grandeur and impeccable condition.
Breathtaking Dual Views: The property offers 'vast ocean & mountain views,' providing stunning panoramic vistas from a single estate, a highly coveted feature.
Grand Scale Luxury Living: With 13,629 sqft, 8 beds, and 13 baths, the estate is designed for 'elegant and opulent adventure,' catering to a luxurious lifestyle and grand entertaining.
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.
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.
Niche Market Aesthetic: The 'classic layout' with the 'spirit of a European salon' and emphasis on art and conversation, while a strength for some, may not appeal to all ultra-luxury buyers who prefer more contemporary designs or modern amenities.