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771 Garden Lane, MONTECITO, CA 93108, MONTECITO, 93108 - 7 bed, 13 bath

771 Garden Lane, MONTECITO, CA 93108 home-pic-0
ACTIVE$34,900,000$11,170/sqft
Est. Value: $34,900,000
%
FairlyEstimate
771 Garden Lane, MONTECITO, CA 93108
7Beds
13Baths
11,170Sqft
242,194Lot

Price Vs. Estimate

The estimated value ($34,900,000) is $0 (0%) lower than the list price ($34,900,000). This property may be overpriced.

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 = 242194, living area = 11170.
Top Cons:
Ultra-Luxury Price Point: The listing price of $34.9 million positions this property in an extremely exclusive market segment, significantly narrowing the potential buyer pool and potentially extending market time.

Compared to the nearby listings

Price:$34.90M vs avg $6.00M (+$28,900,000)98%
Size:11,170 sqft vs avg 2,835 sqft98%
Price/sqft:$3.1K vs avg $1.4K94%

More Insights

Built in 1999 (27 years old).
Condition: This property, though built in 1999, has been 'masterfully restored and newly expanded' as per the description, which is evident throughout the images. The kitchen features professional-grade appliances, marble countertops, and custom cabinetry, all in pristine condition. The primary bathroom is exceptionally luxurious with modern fixtures, a freestanding tub, and high-end finishes. Other bathrooms are also impeccably maintained with stylish, high-quality materials. Flooring, lighting, and all visible components are virtually new and meet current luxury standards, indicating a very recent and extensive renovation with no deferred maintenance.
Year Built
1999
Close
-
List price
$34.9M
Original List price
-
Price/Sqft
$3,124
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3288
Home ConditionExcellent
Features
Excellent View:
Pool
Spa
Patio
View-

About this home

Escape to unparalleled luxury and timeless elegance in the heart of Montecito's coveted Riven Rock. Set on approximately 5.5 acres of breathtaking view grounds, this extraordinary estate blends old-world grandeur with modern sophistication, offering an unrivaled sanctuary for the most discerning buyers. A cobblestone motor court welcomes you to a masterfully restored and newly expanded English Country masterpiece by renowned luxury builder Van Acker Construction. Spanning a total of approximately 16,668 square feet, the residence sets a new benchmark for upscale living with seven opulent bedrooms, 13 bathrooms, and exquisite architectural details throughout. Designed for grand-scale entertaining and intimate retreats alike, the estate boasts so many amenities listed below: Impressive Auto Gallery: Subterranean 8-10 car gallery and two-bay chauffeur's garage with private offices for security and staff. Guest Residences: Includes a one-bedroom guest house, separate studio, and guard house - ensuring the ultimate privacy for guests. Resort-Caliber Amenities: State-of-the-art gym, playroom, sparkling pool, and elegant poolside cabana for ultimate relaxation and recreation. Culinary Excellence: Secondary "chef's" kitchen designed to professional standards, rivaling the finest Michelin-starred restaurants. Primary Suite Sanctuary: Features a remarkable 1,220 sq. ft. dressing suite, formerly an attic, reimagined into a boutique-worthy wardrobe space. Exquisite Grounds: Lush lawns, citrus orchards, manicured gardens, and meandering pathways create a setting of natural beauty and tranquility. This is not just a home--it is a statement, a legacy, a dream realized.

G
Gary Goldberg
Listing Agent
Condition Rating
Excellent
This property, though built in 1999, has been 'masterfully restored and newly expanded' as per the description, which is evident throughout the images. The kitchen features professional-grade appliances, marble countertops, and custom cabinetry, all in pristine condition. The primary bathroom is exceptionally luxurious with modern fixtures, a freestanding tub, and high-end finishes. Other bathrooms are also impeccably maintained with stylish, high-quality materials. Flooring, lighting, and all visible components are virtually new and meet current luxury standards, indicating a very recent and extensive renovation with no deferred maintenance.
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 = 242194, living area = 11170.
Exclusive Location & Expansive Grounds: Situated in Montecito's coveted Riven Rock, this estate spans approximately 5.5 acres of breathtaking view grounds, featuring lush lawns, citrus orchards, and manicured gardens, offering unparalleled privacy and natural beauty.
Grand Scale & Luxurious Design: A masterfully restored and newly expanded English Country masterpiece by renowned builder Van Acker Construction, totaling approximately 16,668 square feet with exquisite architectural details, 7 opulent bedrooms, and 13 bathrooms.
World-Class Amenities: The property boasts an impressive subterranean 8-10 car auto gallery, a state-of-the-art gym, playroom, sparkling pool with an elegant cabana, and a secondary professional chef's kitchen.
Comprehensive Guest & Staff Facilities: Includes a dedicated one-bedroom guest house, a separate studio, and a guard house, along with a two-bay chauffeur's garage and private offices, ensuring ultimate privacy and functionality for residents and their staff.
Bespoke Primary Suite: The primary suite offers a remarkable 1,220 sq. ft. dressing suite, meticulously reimagined into a boutique-worthy wardrobe space, providing an exceptional level of luxury and convenience.

Cons

Ultra-Luxury Price Point: The listing price of $34.9 million positions this property in an extremely exclusive market segment, significantly narrowing the potential buyer pool and potentially extending market time.
Substantial Ongoing Costs: An estate of this magnitude, with extensive acreage, multiple structures, and high-end amenities, will inherently incur considerable annual expenses for maintenance, utilities, landscaping, and potential staffing.
Niche Buyer Appeal: While exceptionally luxurious, the specific scale, style, and comprehensive amenities cater to a very particular buyer profile, which may require a longer marketing period to find the perfect match.
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