
MONTECITO, CA 93108
Analysis of 725 Ashley Road, MONTECITO, CA 93108 is currently available with a list price of $5,900,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1982, this Spanish Hacienda is well-maintained but remains largely in its original state. The kitchen features dated blue-and-white tile countertops, older wood cabinetry, and aging appliances. Throughout the home, the Saltillo tile flooring, wrought iron fixtures, and architectural details reflect a 40-year-old aesthetic that, while functional, lacks modern luxury updates expected at this price point.
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 = 2820.
Situated in one of Montecito's most coveted neighborhoods, the property offers immediate proximity to the Upper and Lower Villages, world-class beaches, and elite recreational clubs.
The estate includes a main residence, a 2-bedroom guest house, and a separate 2-room office, providing rare flexibility for multi-generational living or a comprehensive work-from-home setup.
Built in 1982, the property may require capital investment for interior updates and system modernizations to meet the expectations of today's luxury buyers.
With a list price of $5.9M for 2,820 square feet, the property commands a premium valuation that may be perceived as high relative to the interior living area provided.
The presence of multiple detached structures and extensive mature gardens necessitates higher ongoing maintenance costs and utility management compared to a single-structure estate.
Perched atop a knoll and nestled in one of Montecito's most coveted neighborhoods, this beautiful Spanish-style Hacienda offers the best of the Santa Barbara lifestyle—minutes to the upper and lower Villages, beaches, hiking, golf, and tennis. Behind gates, an impressive main residence, a 2-bedroom guest house, and separate 2-room office offers flexibility for extended family, guests, and to work at home. Relax and renew within the fountain courtyard and lush gardens, offering a seamless indoor-outdoor flow. Loved and revered over the years by its current owners as a cherished retreat, the home awaits a new owner to create their lasting memories in this magical setting.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 76% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 2,820 | 3,601 | 39% |
| Lot Size | 37,897 | 40,075.199 | 42% |
| Price | $5.90M | $5.31M | 58% |
| Price per sq ft | $2.1K | $1.7K | 74% |
| Built year | 1982 | 1981 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 251 | 240 | 60% |
Aug 15, 2025
$5,900,000
Initial Listing