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

725 Ashley Road, MONTECITO, CA 93108 home-pic-0

725 Ashley Road

MONTECITO, CA 93108

PENDING
CONDITION: FAIR
5Beds
4Baths
2,820Sq Ft
37,897Lot Size

Property Price

LIST PRICE$5,900,000

SUMMARY

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.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

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.

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 = 37897, living area = 2820.

  • Prime Montecito Location

    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.

  • Multi-Structure Versatility

    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.

CONSRISKS & DEFICIENCIES

  • Potential for Modernization

    Built in 1982, the property may require capital investment for interior updates and system modernizations to meet the expectations of today's luxury buyers.

  • High Price per Square Foot

    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.

  • Maintenance Complexity

    The presence of multiple detached structures and extensive mature gardens necessitates higher ongoing maintenance costs and utility management compared to a single-structure estate.

About 725 Ashley Road

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.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1982
Lot Size
37,897 Sq. Ft.

Interior

Total Bedrooms
5
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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
65%
Baths4.05.0
50%
Square foot2,8203,681
37%
Lot Size37,89743,560
43%
Price$5.90M$5.49M
53%
Price per sq ft$2.1K$1.6K
79%
Built year19821973
57%
HOA$0$0
50%
Days on market204237
40%

Pricing History

Listed for Sale

Aug 15, 2025

$5,900,000

Initial Listing

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