
MONTECITO, CA 93108
This Timeless Spanish Colonial Estate is a High-Potential Investment Opportunity, listed at $12,000,000—positioned above the $10,755,869 Fair Market Value by 11%. While priced at a premium, the property features an Excellent Condition Rating and world-class grounds designed by Isabelle Greene. With a Chef's Kitchen, Resort-Style Pool, and Detached Guest Casita, the estate offers an unparalleled lifestyle. The combination of architectural pedigree and expansive, curated gardens makes this a premier acquisition for Luxury Homeowners or Discerning Collectors seeking a private Montecito sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 818 San Ysidro Lane Subject | $12,000,000* List Price | 3 | 5 | 4,655 | $2,311 | - |
A 796 Hot Springs Road Sold | $8,463,668 | 3 | 4 | 4,311 | $1,963 | 0.8 mi |
B 796 Hot Springs Road Sold | $8,464,000 | 3 | 4 | 4,196 | $2,017 | 0.8 mi |
C 796 Hot Springs Road Pending | $8,995,000 List Price | 3 | 4 | 4,196 | $2,144 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2009, the property is approximately 15-17 years old, placing it squarely in the 'Good' category. The estate is exceptionally well-maintained with high-end finishes including a chef's kitchen, dual-zone HVAC systems, and custom steel windows. It remains functional and move-in ready with timeless architectural appeal.
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 = 4655.
Designed by Jon Sorrell in the Spanish Colonial Revival style, the estate features masterful craftsmanship with reclaimed beams, barrel-vaulted ceilings, and custom steel windows.
The acre-plus grounds, designed by Isabelle Greene, offer a resort-style pool, lush orchards, and seamless indoor-outdoor flow with both ocean and mountain views.
With only three bedrooms in the main residence, the layout may be restrictive for larger families or buyers seeking more internal guest accommodations.
The $12 million asking price represents a high price-per-square-foot valuation, which may limit the buyer pool to those specifically seeking architectural significance over scale.
Located in the heart of Montecito, this timeless estate masterfully blends old-world craftsmanship with refined California luxury. Designed by acclaimed architect Jon Sorrell, in the tradition of George Washington Smith's iconic Spanish Colonial Revival style, the residence was completed in 2009 with extraordinary attention to detail, scale, and authenticity throughout. Approached by a magnificent olive tree-lined driveway, the estate immediately evokes a sense of serenity and arrival. Beyond the gates, the three-bedroom, four-bath residence unfolds with rich architectural character, featuring barrel-vaulted ceilings, four fireplaces, walnut and tile floors, and custom steel windows and doors. Grand living and dining rooms are framed by soaring ceilings and dramatic beams reclaimed from a historic Tennessee distillery, creating an atmosphere of warmth, permanence, and understated elegance rarely found in newer construction. Designed for both intimate daily living and effortless entertaining, the chef's kitchen opens seamlessly to a welcoming family room with fireplace and direct access to the terraces, gardens, pool, and spa beyond. Additional amenities include a built-in office nook, utility room with sink and washer/dryer, and dual-zone HVAC systems for year-round comfort and convenience. Two guest suites on the main level offer private ensuite accommodations, while the upper-level primary suite serves as a tranquil retreat. Featuring two balconies with ocean and island views, four sets of doors opening to the outdoors, and a private staircase descending directly into the gardens, the suite captures the essence of Montecito indoor-outdoor living. A separate primary den enjoys dramatic mountain vistas, creating an idyllic setting for relaxation or quiet retreat. The luxurious primary bath includes a steam shower, separate water closet, and an oversized custom walk-in closet with built-ins. In addition to the main residence, the property includes a beautifully appointed detached guest casita offering one bedroom and one bathroom. Complete with parquet floors and multiple private patio spaces, the casita is nestled within its own tranquil garden setting , creating an idyllic retreat for guests or extended stays. The estate grounds, thoughtfully designed by renowned landscape architect Isabelle Greene, are as captivating as the residence itself. Created through an extensive investment in landscaping and hardscaping, the outdoor environment offers a series of enchanting garden experiences and intimate gathering spaces. Multiple seating areas, serene garden retreats, an outdoor fireplace, and elegant outdoor dining spaces are woven seamlessly throughout the property, creating an atmosphere of exceptional beauty and tranquility. Designed for effortless entertaining, the grounds also feature a resort-inspired pool and spa, as well as a dedicated barbecue area ideal for al fresco living. Mature and curated gardens showcase a remarkable collection of plantings, including native Matilija poppies, apple trees, fig trees, lemon and lime trees, plum trees, and persimmon trees -- all contributing to the estate's sense of abundance, privacy, and timeless California beauty.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 5.0 | 5.0 | 50% |
| Square foot | 4,655 | 3,784 | 83% |
| Lot Size | 44,431 | 40,946.398 | 68% |
| Price | $12.00M | $5.30M | 87% |
| Price per sq ft | $2.6K | $1.7K | 83% |
| Built year | 2009 | 1984 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 221 | 2% |
May 20, 2026
$12,000,000
Initial Listing
Mar 21, 2012
$5,000,000
Public Record