670 Hot Springs Road, Montecito, CA 93108, Montecito, 93108 - 8 bed, 13 bath

670 Hot Springs Road, Montecito, CA 93108 home-pic-0
ACTIVE$60,000,000$13,629/sqft
670 Hot Springs Road, Montecito, CA 93108
8Beds
13Baths
13,629Sqft
453,460Lot

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 = 453460, living area = 13629.
Top Cons:
Exclusivity & Price Point: The $60,000,000 list price targets an extremely niche market of ultra-high-net-worth individuals, potentially leading to a longer sales cycle.

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 residence has been 'recently restored' and features 'opulent interiors.' The provided images showcase impeccably maintained and high-end finishes throughout the visible living areas, including modern light fixtures, pristine flooring (parquet, tile, carpet), and fresh paint. While specific images of the kitchen and bathrooms are not available, the overall presentation, the 'recently restored' claim, and the property's luxury market segment strongly indicate that these critical areas would also be in virtually new, top-tier condition, meeting current quality standards with no deferred maintenance.
Year Built
1917
Close
-
List price
$60M
Original List price
-
Price/Sqft
$4,402
HOA
$0
Days on market
-
Sold On
-
MLS number
25602367
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 residence has been 'recently restored' and features 'opulent interiors.' The provided images showcase impeccably maintained and high-end finishes throughout the visible living areas, including modern light fixtures, pristine flooring (parquet, tile, carpet), and fresh paint. While specific images of the kitchen and bathrooms are not available, the overall presentation, the 'recently restored' claim, and the property's luxury market segment strongly indicate that these critical areas would also be in virtually new, top-tier condition, meeting current quality standards with no deferred maintenance.
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 = 453460, living area = 13629.
Prime Montecito Location & Views: Situated in the heart of Montecito, the estate offers unparalleled ocean and mountain views, a highly coveted feature in this exclusive market.
Historical Significance & Renowned Design: Designed by Francis T. Underhill with gardens by Lockwood de Forest, the property boasts fabled origins from 1917, adding immense prestige and architectural value.
Expansive Estate & Grand Scale: Spanning 10.5 acres with a 13,629 sqft residence, this property provides exceptional privacy, space, and a truly grand living experience.
Recent Restoration & Opulent Interiors: The residence has been recently restored, blending its classic European salon spirit with modern luxury, ensuring an elegant and opulent living environment.
Centuries-Old Designed Gardens: The meticulously maintained gardens, thriving for over a century, offer diverse ecosystems and horticultural traditions, serving as a significant aesthetic and historical asset.

Cons

Exclusivity & Price Point: The $60,000,000 list price targets an extremely niche market of ultra-high-net-worth individuals, potentially leading to a longer sales cycle.
High Maintenance & Operational Costs: An estate of this magnitude, with extensive grounds and a historic residence, will incur substantial ongoing costs for maintenance, landscaping, and potential staffing.
Historic Property Considerations: Despite recent restoration, a 1917-built property may present unique challenges or limitations regarding future modifications, specialized upkeep, or adherence to historical preservation guidelines.
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