
MONTECITO, CA 93108
This Turnkey Andalusian Estate represents a Strong Value Opportunity, listed at a List Price of $12,975,000—positioned well below the $13,557,634 Fair Market Value by 4%. This valuation gap offers $582,634 in Instant Equity for the discerning buyer. Featuring an Excellent Condition Rating following a masterful Giffin & Crane renovation, the estate offers a luxurious first-floor primary suite, detached artist studio, and sweeping mountain views. This is an ideal acquisition for Ultra-High-Net-Worth Individuals or Luxury Owner-Occupants seeking a pristine, move-in ready sanctuary in Montecito’s Golden Triangle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 709 San Ysidro Lane Subject | $12,975,000* List Price | 4 | 5 | 6,032 | $2,248 | - |
A 818 San Ysidro Lane Active | $12,000,000 List Price | 3 | 5 | 4,655 | $2,578 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Extensive high-end renovation by Giffin & Crane has transformed this 1920s estate into a pristine, turnkey residence. Features modern systems including a whole-house generator and immaculate interior/exterior finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 37462, living area = 6032.
Situated in Montecito's most prestigious 'Golden Triangle,' this estate offers unparalleled exclusivity and proximity to the area's finest amenities.
Reimagined by renowned builder Giffin & Crane, the residence perfectly balances 1920s Andalusian architectural heritage with high-end, turnkey modern finishes.
At nearly $13 million, the property commands a significant premium that may limit the buyer pool to a very specific ultra-high-net-worth segment.
For a residence exceeding 6,000 square feet, the four-bedroom configuration may be considered low for families or buyers requiring extensive guest accommodations.
Iconic 1926 Andalusian Estate nestled within Montecito's coveted Golden Triangle. Masterfully reimagined through an extensive renovation by renowned builder Giffin & Crane, this pristine turnkey residence effortlessly blends timeless architectural character with elevated modern living. Set across approximately one acre of enchanting, lushly landscaped grounds with specimen trees and sweeping mountain views, the estate spans nearly 6,000+/- square feet and features 4 bedrooms, an office and 6 baths, including a luxurious first-floor primary suite. Gracious scale, curated interiors, and exceptional amenities -- including a detached artist studio, whole-house generator, and two-car garage -- further distinguish this extraordinary offering. A rare legacy estate in one of Montecito's most coveted enclaves located just moments from the San Ysidro Ranch and all that Montecito has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 5.0 | 50% |
| Square foot | 6,032 | 3,784 | 91% |
| Lot Size | 37,462 | 40,075.199 | 40% |
| Price | $12.97M | $5.30M | 94% |
| Price per sq ft | $2.2K | $1.7K | 64% |
| Built year | 1928 | 1982 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 221 | 2% |
May 29, 2026
$12,975,000
Initial Listing
Oct 2, 2000
$3,150,000
Public Record