670 Romero Canyon Road, Montecito, CA 93108, Montecito, 93108 - 4 bed, 4 bath
670 Romero Canyon Road
Montecito, CA 93108
Property Price
SUMMARY
Analysis of 670 Romero Canyon Road, Montecito, CA 93108 is currently available with a list price of $3,795,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
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 The guest houses and secondary structures are significantly outdated, with very basic, older kitchens (e.g., old white appliances, basic cabinets, tile countertops) and bathrooms that require substantial renovation.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'.
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 = 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.
CONSRISKS & DEFICIENCIES
- 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.
About 670 Romero Canyon Road
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 40,510 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 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 | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 5.0 | 50% |
| Square foot | 2,400 | 3,681 | 29% |
| Lot Size | 40,510 | 43,560 | 46% |
| Price | $3.79M | $5.33M | 35% |
| Price per sq ft | $1.6K | $1.6K | 48% |
| Built year | 1946 | 1973 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 342 | 239 | 73% |
Pricing History
Listed for Sale
Mar 30, 2025
$3,795,000
Initial Listing