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

771 Garden Lane, Montecito, CA 93108 home-pic-0
ACTIVE$36,500,000$11,170/sqft
Est. Value: $36,500,000
%
FairlyEstimate
771 Garden Lane, Montecito, CA 93108
7Beds
13Baths
11,170Sqft
242,193.594Lot

Price Vs. Estimate

The estimated value ($36,500,000) is $0 (0%) lower than the list price ($36,500,000). 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 = 242193, living area = 11170.
Top Cons:
Exorbitant Price Point: The $36.5 million list price targets an extremely niche market, potentially leading to a longer sales cycle.

Compared to the nearby listings

Price:$36.50M vs avg $6.00M (+$30,500,000)98%
Size:11,170 sqft vs avg 2,835 sqft98%
Price/sqft:$3.3K vs avg $1.4K94%

More Insights

Built in 1999 (27 years old).
Condition: Despite being built in 1999, the listing explicitly states the property has been 'masterfully restored and newly expanded' by a renowned luxury builder, setting a 'new benchmark for upscale living.' The images confirm this, showcasing a property where all components appear new or virtually new. The kitchen features high-end, professional-grade appliances (e.g., La Cornue style ranges), marble countertops, custom cabinetry, and stylish tile work, all in immaculate condition. The bathrooms, particularly the master, are opulent with luxurious fixtures, materials, and design, indicating a very recent and high-quality renovation. Flooring, light fixtures, and overall finishes throughout the home are modern, pristine, and meet current luxury standards, with no visible signs of wear or deferred maintenance.
Year Built
1999
Close
-
List price
$36.5M
Original List price
-
Price/Sqft
$3,268
HOA
$0
Days on market
-
Sold On
-
MLS number
25-846
Home ConditionExcellent
Features
Excellent View:
Deck
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 approximately 16,668 square feet, the residence sets a new benchmark for upscale living with seven opulent bedroom suites, 13 bathrooms, and exquisite architectural details throughout. Designed for grand-scale entertaining and intimate retreats alike, the estate boasts so many amenities listed below: - A subterranean 8-car auto gallery and 2-bay chauffeur's garage with private offices for security and staff. - Two separate one-bedroom guest houses, ensuring ultimate privacy for visitors. - Resort-level amenities, including a gym, playroom, sparkling pool, and an elegant poolside cabana. - A world-class secondary culinary arts kitchen, rivaling the finest Michelin-starred restaurants. - A primary suite beyond compare, featuring a 1,220 sq. ft. attic-turned-closet for an unparalleled dressing experience. - Lush lawns, citrus orchards, verdant gardens, and picturesque pathways complete this once-in-a-lifetime offering. This is not just a home--it is a statement, a legacy, a dream realized.

G
Gary Goldberg
Listing Agent
Condition Rating
Excellent

Despite being built in 1999, the listing explicitly states the property has been 'masterfully restored and newly expanded' by a renowned luxury builder, setting a 'new benchmark for upscale living.' The images confirm this, showcasing a property where all components appear new or virtually new. The kitchen features high-end, professional-grade appliances (e.g., La Cornue style ranges), marble countertops, custom cabinetry, and stylish tile work, all in immaculate condition. The bathrooms, particularly the master, are opulent with luxurious fixtures, materials, and design, indicating a very recent and high-quality renovation. Flooring, light fixtures, and overall finishes throughout the home are modern, pristine, and meet current luxury standards, with no visible signs of wear or 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 = 242193, living area = 11170.
Prime Montecito Location: Situated in Montecito's highly coveted Riven Rock, offering unparalleled exclusivity and prestige.
Expansive & Luxurious Estate: Spanning approximately 16,668 sq ft (per description) on 5.5 acres, featuring 7 opulent suites and 13 baths, meticulously restored and expanded.
Unrivaled Resort-Level Amenities: Includes an 8-car auto gallery, two separate guest houses, gym, playroom, pool, cabana, and a world-class secondary culinary kitchen.
Exceptional Craftsmanship & Design: Masterfully restored and expanded by renowned luxury builder Van Acker Construction, blending old-world grandeur with modern sophistication.
Breathtaking Grounds & Privacy: Set on 5.5 acres of private, breathtaking view grounds with lush lawns, citrus orchards, and verdant gardens.

Cons

Exorbitant Price Point: The $36.5 million list price targets an extremely niche market, potentially leading to a longer sales cycle.
Significant Square Footage Discrepancy: A notable difference exists between the described 16,668 sq ft and the listed 11,170 sq ft, requiring immediate clarification for prospective buyers.
High Ongoing Costs: The sheer scale and extensive amenities of the property imply substantial ongoing maintenance, staffing, and utility expenses.
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