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838 Toro Canyon Road, SANTA BARBARA, CA 93108, SANTA BARBARA, 93108 - 4 bed, 5 bath

838 Toro Canyon Road, SANTA BARBARA, CA 93108 home-pic-0
ACTIVE$2,285,000/sqft
838 Toro Canyon Road, SANTA BARBARA, CA 93108
4Beds
5Baths
Sqft
217,800Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Views & Location: A ridgetop parcel offering panoramic ocean, coastline, harbor, sunset, and Santa Ynez mountain views, situated in the highly desirable Santa Barbara/Montecito foothills, described as 'one of the last ocean view parcels available'.
Top Cons:
Unbuilt Property / Construction Required: The property is a vacant parcel with conceptual plans, meaning the buyer will be responsible for undertaking and financing the entire construction process of the proposed residence.

Compared to the nearby listings

Price:$2.29M vs avg $6.00M ($-3,715,000)17%
Size: sqft vs avg 2,795 sqft25%
Price/sqft:$0 vs avg $1.4K36%

More Insights

Condition: This listing is for a vacant parcel of land with approved architectural plans and permits in process for a new, custom-built luxury residence. The provided images are primarily architectural renderings showcasing a state-of-the-art, modern design by AB Design Studio. While the home is not yet constructed, the plans are for a newly built property that, once completed, will feature brand-new, high-quality components, including contemporary kitchen appliances, modern light fixtures, high-end flooring, and advanced cooling/heating systems. The proposed design aligns perfectly with the 'Excellent' criteria, representing a property that will be newly built to current quality standards with no deferred maintenance and minimal physical depreciation.
Year Built
Close
-
List price
$2.29M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
25-573
Home ConditionExcellent
Features
Excellent View:
Deck
Pool
Patio
View-

About this home

One of the last ocean view parcels available, plans and permits in process for this ridgetop dreamhome by AB Design Studio. 838 Toro Canyon is for all lovers of open spaces, privacy and design. ''Architectural innovation on the edge of nature'' states AB Design Studio, a one of a kind masterpiece that integrates seamlessly into the Montecito foothills, framed by the Santa Ynez mountain range to the north, overlooking Santa Barbara's stunning coastline to the south, Santa Barbara harbor and setting sun in the west, there is no other parcel available like this. Experience the magical 5 acres where AB Design Studio created ''one of their favorite projects.'' Inspired by ''Frank Lloyd Wright's principles, while embracing contemporary design, the residence's emphasis on integration with nature, use of cantilevering, and strong linear forms pay homage to Wright's Fallingwater. The proposed Toro Canyon residence design is a contemporary interpretation of Wright's ideas, one that respects tradition while embracing modernity. Plans ready for your personal finishes. Single level design with a variety of interior floorplans available. Schedule a tour to view this most special property and building plans, beautiful new road just completed to property. Minutes from Montecito's Upper and Lower Villages. From AB Design Studio: https://www.abdesignstudioinc.com/news/the-toro-canyon-residence-architectural-innovation-on-the-edge-of-nature

T
Troy Hoidal
Listing Agent

Price History

Date
Event
Price
11/25/20
Sold
$900,000
Condition Rating
Excellent
This listing is for a vacant parcel of land with approved architectural plans and permits in process for a new, custom-built luxury residence. The provided images are primarily architectural renderings showcasing a state-of-the-art, modern design by AB Design Studio. While the home is not yet constructed, the plans are for a newly built property that, once completed, will feature brand-new, high-quality components, including contemporary kitchen appliances, modern light fixtures, high-end flooring, and advanced cooling/heating systems. The proposed design aligns perfectly with the 'Excellent' criteria, representing a property that will be newly built to current quality standards with no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Exceptional Views & Location: A ridgetop parcel offering panoramic ocean, coastline, harbor, sunset, and Santa Ynez mountain views, situated in the highly desirable Santa Barbara/Montecito foothills, described as 'one of the last ocean view parcels available'.
Renowned Architectural Design & Plans: Includes pre-approved plans and permits in process by the acclaimed AB Design Studio, inspired by Frank Lloyd Wright's principles, ensuring a unique, high-quality, and nature-integrated contemporary residence.
Privacy & Expansive Lot: Encompasses a 'magical 5 acres' (217,800 sq ft) providing unparalleled privacy and ample open spaces, a rare find in this coveted area.
Customization Potential: The proposed single-level design offers 'plans ready for your personal finishes' and a 'variety of interior floorplans available,' allowing the buyer to tailor the dream home to their exact specifications.
Improved Access & Proximity: Benefits from a newly completed road to the property and is conveniently located just minutes from Montecito's Upper and Lower Villages, blending seclusion with accessibility to luxury amenities.

Cons

Unbuilt Property / Construction Required: The property is a vacant parcel with conceptual plans, meaning the buyer will be responsible for undertaking and financing the entire construction process of the proposed residence.
Substantial Additional Investment: The listed price covers the land and architectural plans, but a significant additional capital outlay will be required for the actual construction of the luxury home, which is not included.
Permitting Uncertainty: While plans and permits are 'in process,' the final approval and potential for unforeseen delays or modifications in the permitting phase could impact the project timeline and budget.
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