670 Romero Canyon Road, Montecito, CA 93108, Montecito, 93108 - 4 bed, 4 bath

670 Romero Canyon Road, Montecito, CA 93108 home-pic-0
ACTIVE$3,795,000$2,400/sqft
670 Romero Canyon Road, Montecito, CA 93108
4Beds
4Baths
2,400Sqft
40,510Lot

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 = 40510, living area = 2400.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2400, other record living area = 1409. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.

Compared to the nearby listings

Price:$3.79M vs avg $6.00M ($-2,205,000)30%
Size:2,400 sqft vs avg 2,795 sqft37%
Price/sqft:$1.6K vs avg $1.4K57%

More Insights

Built in 1946 (80 years old).
Condition: Built in 1946, this property consists of multiple structures with varying conditions. While the main house kitchen has been updated with modern stainless steel appliances, white shaker cabinets, and granite countertops, its bathrooms feature older tile and vanities, appearing dated. The guest houses and secondary structures are significantly outdated, with very basic, older kitchens (e.g., old white appliances, basic cabinets, tile countertops) and bathrooms that require substantial renovation. The overall property, despite some updates in the main house, requires significant rehabilitation across its various living spaces to meet contemporary standards, as also suggested by the listing's own analysis of 'Age of Existing Structures' and 'Implied Renovation/Rebuild Investment'.
Year Built
1946
Close
-
List price
$3.79M
Original List price
-
Price/Sqft
$1,581
HOA
$0
Days on market
-
Sold On
-
MLS number
V1-28995
Home ConditionPoor
Features
Good View:
Deck
Patio
View-

About this home

Multiple living structures on a large parcel in Montecito. A great opportunity in the heart of Montecito to enjoy the existing structures or build a new home. 0.93 acres of flat, highly usable land in a very desirable neighborhood. Super relaxing vibe featuring specimen trees and a general feeling of peace and serenity; a reminder of a simpler time. Property includes a main house of approximately 1,409 square feet, large guest house, and a secondary guest structure. About 2,400 square feet total living area. Lush, detailed landscaping with many mature fruit trees. Montecito Union school district. Just a short drive to Upper Village, HWY 101, various beaches, or downtown Santa Barbara. Set up your private tour today!

C
Christopher Page
Listing Agent
Condition Rating
Poor

Built in 1946, this property consists of multiple structures with varying conditions. While the main house kitchen has been updated with modern stainless steel appliances, white shaker cabinets, and granite countertops, its bathrooms feature older tile and vanities, appearing dated. The guest houses and secondary structures are significantly outdated, with very basic, older kitchens (e.g., old white appliances, basic cabinets, tile countertops) and bathrooms that require substantial renovation. The overall property, despite some updates in the main house, requires significant rehabilitation across its various living spaces to meet contemporary standards, as also suggested by the listing's own analysis of 'Age of Existing Structures' and 'Implied Renovation/Rebuild Investment'.
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 = 40510, living area = 2400.
Prestigious Montecito Location: Situated in a highly desirable Montecito neighborhood, offering access to the esteemed Montecito Union school district and convenient proximity to local amenities, beaches, and downtown Santa Barbara.
Generous & Usable Land Parcel: Features a substantial 0.93-acre flat and highly usable lot, providing ample space, privacy, and potential for various outdoor uses or future expansion.
Versatile Multi-Structure Layout: Includes a main house, a large guest house, and a secondary guest structure, totaling approximately 2,400 sqft, offering flexibility for multi-generational living, rental income, or dedicated workspaces.
Significant Development Potential: Presents a unique opportunity to either renovate and enjoy the existing structures or undertake a new construction project, allowing buyers to customize or maximize the property's value.
Mature Landscaping & Serene Ambiance: Boasts lush, detailed landscaping with mature fruit trees and specimen trees, creating a peaceful, private, and aesthetically pleasing environment.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2400, other record living area = 1409. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Age of Existing Structures: Built in 1946, the existing structures may require significant modernization, updates, or extensive renovation to meet contemporary luxury standards expected in Montecito.
Fragmented Living Space: The total 2,400 sqft is distributed across multiple structures, with the main house being 1,409 sqft, which might be considered modest for a primary residence in this high-value market.
Implied Renovation/Rebuild Investment: The description highlights the 'opportunity to enjoy the existing structures or build a new home,' strongly suggesting that substantial investment will likely be required for comprehensive renovation or a complete rebuild.
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