796 Hot Springs Road, Montecito, CA 93108, Montecito, 93108 - 3 bed, 4 bath
796 Hot Springs Road
Montecito, CA 93108
Property Price
SUMMARY
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.
Condition Analysis
OVERALL CONDITION SCORE
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.
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 = 44431, living area = 4311.
- Prime Montecito Location
Situated in the highly coveted 'Golden Quadrangle' of prime Montecito, offering unparalleled access to Villages, schools, trails, and beaches.
- Exceptional Views
Boasts desirable ocean and mountain views, enhancing the property's aesthetic appeal and value.
CONSRISKS & DEFICIENCIES
- Requires Cosmetic Upgrades
The property explicitly suggests 'intentional cosmetic upgrades' are needed to achieve a 'Modern Farmhouse dream,' indicating further investment may be desired by buyers.
- Specific Architectural Aesthetic
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.
- Not Turnkey for All Tastes
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.
About 796 Hot Springs Road
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 44,431 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 4.0 | 5.0 | 50% |
| Square foot | 4,311 | 3,784 | 67% |
| Lot Size | 44,431 | 43,560 | 68% |
| Price | $8.46M | $5.49M | 74% |
| Price per sq ft | $2.0K | $1.6K | 72% |
| Built year | 2000 | 1973 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 137 | 237 | 17% |
Pricing History
Listed for Sale
Oct 21, 2025
$8,995,000
Initial Listing
Sold
Mar 25, 2022
$11,000,000
Public Record
Sold
Aug 5, 2010
$6,050,000
Public Record