725 Ashley Road, MONTECITO, CA 93108, MONTECITO, 93108 - 5 bed, 4 bath

725 Ashley Road, MONTECITO, CA 93108 home-pic-0
ACTIVE$6,500,000$2,582/sqft
725 Ashley Road, MONTECITO, CA 93108
5Beds
4Baths
2,582Sqft
37,897.199Lot

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 = 37897, living area = 2582.
Top Cons:
Limited Main Residence Square Footage: The total square footage of 2,582 sqft, encompassing a main house, guest house, and separate office, suggests the primary living spaces might be smaller than typically expected for a $6.5M Montecito estate.

Compared to the nearby listings

Price:$6.50M vs avg $6.00M (+$500,000)57%
Size:2,582 sqft vs avg 2,795 sqft39%
Price/sqft:$2.5K vs avg $1.4K89%

More Insights

Built in 1982 (44 years old).
Condition: The property, built in 1982, is well-maintained and retains its classic Spanish architectural charm. However, the kitchen features distinctly outdated elements such as patterned tile countertops and backsplash, and the bathrooms, while clean, also appear dated. While functional and in good condition, these areas would require significant cosmetic updates to meet contemporary luxury standards. The overall condition suggests regular upkeep but no extensive modern renovation within the last 15-30 years, aligning with a 'Fair' rating.
Year Built
1982
Close
-
List price
$6.5M
Original List price
-
Price/Sqft
$2,517
HOA
$0
Days on market
-
Sold On
-
MLS number
25-1984
Home ConditionFair
Features
Good View:
Deck
Patio
View-

About this home

This beautiful Spanish-style Hacienda is nestled in one of Montecito's most coveted neighborhoods. Set atop a knoll in a magical, tranquil setting, the gated estate features a main residence with primary suite and guest bedroom, a 2-bedroom guest house with media room, plus a separate 2-room office. The main house offers a stunning great room and spacious interiors that open to flower-filled balconies and an enchanting courtyard with fountain. Seamless indoor-outdoor flow, lush gardens, mature specimen trees, and a versatile floor plan define refined yet relaxed living. A detached 2-car garage completes this unique and timeless property that blends elegance, comfort, and the charm of classic Spanish architecture. Located in Cold Springs School District This home is also offered for Lease

J
Janice Laney
Listing Agent
Condition Rating
Fair

The property, built in 1982, is well-maintained and retains its classic Spanish architectural charm. However, the kitchen features distinctly outdated elements such as patterned tile countertops and backsplash, and the bathrooms, while clean, also appear dated. While functional and in good condition, these areas would require significant cosmetic updates to meet contemporary luxury standards. The overall condition suggests regular upkeep but no extensive modern renovation within the last 15-30 years, aligning with a 'Fair' rating.
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 = 37897, living area = 2582.
Prestigious Montecito Location & Setting: Nestled in one of Montecito's most coveted neighborhoods, set atop a knoll in a magical, tranquil setting, and a gated estate, offering exclusivity and desirability.
Exceptional Auxiliary Structures: Includes a 2-bedroom guest house with a media room and a separate 2-room office, providing significant versatility for guests, remote work, or multi-generational living.
Timeless Spanish Hacienda Architecture: A beautiful Spanish-style Hacienda with classic charm, featuring an enchanting courtyard with a fountain, lush gardens, mature trees, and seamless indoor-outdoor flow.
Highly-Rated School District: Located in the desirable Cold Springs School District, a significant draw for families and a strong value enhancer.
Generous Lot Size & Privacy: A substantial lot size of nearly an acre (37,897 sqft) combined with a gated estate and tranquil setting ensures privacy and ample outdoor space.

Cons

Limited Main Residence Square Footage: The total square footage of 2,582 sqft, encompassing a main house, guest house, and separate office, suggests the primary living spaces might be smaller than typically expected for a $6.5M Montecito estate.
Age of Property & Potential for Updates: Built in 1982, while well-maintained, the property may require updates to major systems or interior finishes to align with contemporary luxury standards, which are not explicitly mentioned as having been done.
Absence of Explicitly Stated Premium Amenities: The description does not mention common high-end features such as a pool, spa, or specific panoramic views (e.g., ocean, city) that are often expected in this price bracket and location.
Browse Properties by State Browse housing market trends by state