
Montecito, CA 93108
Analysis of 796 Hot Springs Road, Montecito, CA 93108 is currently available with a list price of $8,995,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
Built in 2000, this property is exceptionally well-maintained and move-in ready. The kitchen features high-end stainless steel appliances, white cabinetry, and granite countertops, which, while not brand new, are in excellent condition and fully functional. Bathrooms are modern, clean, and spacious with quality fixtures, including a freestanding tub and large walk-in showers. Flooring, lighting, and overall interior finishes are contemporary and show minimal wear. The description mentions 'intentional cosmetic upgrades' for a 'Modern Farmhouse dream,' indicating aesthetic preferences rather than necessary repairs. The home's systems appear well-maintained, and no immediate renovations are required, aligning perfectly with the 'Good' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44431, living area = 4311.
Situated in the highly coveted 'Golden Quadrangle' of prime Montecito, offering unparalleled access to Villages, schools, trails, and beaches.
Boasts desirable ocean and mountain views, enhancing the property's aesthetic appeal and value.
The property explicitly suggests 'intentional cosmetic upgrades' are needed to achieve a 'Modern Farmhouse dream,' indicating further investment may be desired by buyers.
Its 'distinctive, contemporary aesthetic' from a 2000 build may not universally appeal to all luxury buyers, potentially limiting the market for those not wishing to renovate.
While offering flexibility, the need to 'transform the residence' implies it may not be a fully updated, move-in ready luxury home for every discerning buyer, requiring additional time and financial commitment.
Golden Quadrangle. Endless Possibilities. Celebrating the best of Montecito, this ocean & mountain view residence invites a lifestyle of nature, culture & community. Set on over a gated acre in prime Montecito, the location shares the privacy commanded by some of the most significant estates in town, yet defines the ease of life for which your friends are moving to Montecito: minutes to both Villages, schools, trails, and beaches. A distinctive, contemporary aesthetic and a single-level, ranch-style layout present a rare opportunity: embrace the home's existing modernism, or transform the residence into your custom Modern Farmhouse dream with intentional cosmetic upgrades. With a rare combination of views, privacy and an in-town location, 796 Hot Springs is poised for your next chapter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 4,311 | 3,601 | 73% |
| Lot Size | 44,431 | 40,293.1 | 72% |
| Price | $8.46M | $5.31M | 75% |
| Price per sq ft | $2.0K | $1.7K | 66% |
| Built year | 2000 | 1981 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 183 | 238 | 38% |
Oct 21, 2025
$8,995,000
Initial Listing
Mar 25, 2022
$11,000,000
Public Record
Aug 5, 2010
$6,050,000
Public Record