779 Ayala Ln, Montecito, CA 93108, Montecito, 93108 - 8 bed, 10 bath
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779 Ayala Ln
Montecito, CA 93108
ACTIVE
CONDITION: EXCELLENT
8Beds
10Baths
10,619Sq Ft
69,260Lot Size
Property Price
LIST PRICE$29,950,000
SUMMARY
Ravenscroft, one of George Washington Smith's most fabled estates, is a masterwork of 1920s Spanish Revival architecture. Commissioned by the incomparable Peggy Ravenscroft, this enchanting 1.59-acre Montecito villa blends theatricality and elegance with timeless grandeur. From the 52-foot stage-inspired living room to lush gardens, a guest house, wine cellar, pool, tennis court, and hidden surprises, Ravenscroft is an architectural legacy reimagined for modern life. Painstakingly restored and richly layered in history, this landmark estate is ready to write its next chapter.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1922, this historic estate has undergone a painstaking, high-end restoration and modernization within the last 5 years. The kitchen features top-of-the-line stainless steel appliances, marble countertops, and pristine subway tile. The entire property, including the systems, structures, and manicured grounds, is in mint condition with no maintenance required.
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 = 69260, living area = 9518.
- Architectural Pedigree
Designed by legendary architect George Washington Smith, this 1920s Spanish Revival estate offers unmatched historical significance and timeless elegance as a landmark Montecito property.
- Comprehensive Luxury Amenities
The expansive 1.59-acre grounds are fully equipped for elite living, featuring a guest house, tennis court, pool, and a wine cellar, all set against stunning mountain views.
CONSRISKS & DEFICIENCIES
- High Operational Costs
The age of the 1922 structure combined with the scale of the manicured grounds and multiple amenities will necessitate substantial ongoing maintenance and staffing expenses.
- Niche Architectural Appeal
The specific 1920s Spanish Revival aesthetic and theatrical layout, while historic, may limit the property's appeal to a very specific subset of buyers compared to contemporary designs.
About 779 Ayala Ln
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1922
- Lot Size
- 69,260 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 10 (10 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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 6.0 |
| Baths | 10.0 | 9.0 |
| Square foot | 10,619 | 8,292 |
| Lot Size | 69,260 | 98,010 |
| Price | $29.95M | $7.20M |
| Price per sq ft | $2.8K | $868 |
| Built year | 1922 | 2009 |
| HOA | $0 | $0 |
| Days on market | 40 | 119 |
Pricing History
Listed for Sale
Sep 14, 2026
$29,950,000
Initial Listing