
MONTECITO, CA 93108
Analysis of 725 Ashley Road, MONTECITO, CA 93108 is currently available with a list price of $6,500,000. 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.
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 However, the kitchen features distinctly outdated elements such as patterned tile countertops and backsplash, and the bathrooms, while clean, also appear dated.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.
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.
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.
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.
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.
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.
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.
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
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 6.0 |
| Baths | 4.0 | 9.0 |
| Square foot | 2,582 | 8,292 |
| Lot Size | 37,897.199 | 98,010 |
| Price | $6.50M | $7.20M |
| Price per sq ft | $2.5K | $868 |
| Built year | 1982 | 2009 |
| HOA | $0 | $0 |
| Days on market | 477 | 119 |
May 20, 2025
$6,500,000
Initial Listing