840 Ivy Lane, MONTECITO, CA 93108, MONTECITO, 93108 - 4 bed, 4 bath

840 Ivy Lane, MONTECITO, CA 93108 home-pic-0
ACTIVE$7,195,000$3,601/sqft
Est. Value: $7,195,000
%
FairlyEstimate
840 Ivy Lane, MONTECITO, CA 93108
4Beds
4Baths
3,601Sqft
43,560Lot

Price Vs. Estimate

The estimated value ($7,195,000) is $0 (0%) lower than the list price ($7,195,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 43560, living area = 3601.
Top Cons:
Absence of Central Air Conditioning: Despite extensive updates, the property description does not mention a central air conditioning system, which could be a significant consideration for comfort during warmer months in Montecito.

Compared to the nearby listings

Price:$7.20M vs avg $6.00M (+$1,195,000)65%
Size:3,601 sqft vs avg 2,835 sqft57%
Price/sqft:$2.0K vs avg $1.4K80%

More Insights

Built in 1984 (42 years old).
Condition: Despite being built in 1984, this property has undergone extensive, high-end renovations by the current owners, bringing it to a virtually new condition. The gourmet kitchen features top-tier Viking and Miele appliances, gleaming quartzite countertops, custom copper fixtures, and beautifully refreshed cabinetry. The primary bathroom has been transformed into a spa-like sanctuary with new quartzite, a distinctive Kohler sink, glass shower doors, and updated plumbing. Throughout the home, natural wood floors have been refinished, energy-efficient Milgard windows and French doors installed, and lighting fixtures updated. The outdoor areas, including the pool and barbecue, have also been refurbished with new components. The overall quality, style, and features meet current luxury standards with no deferred maintenance.
Year Built
1984
Close
-
List price
$7.2M
Original List price
-
Price/Sqft
$1,998
HOA
$0
Days on market
-
Sold On
-
MLS number
25-3216
Home ConditionExcellent
Features
Good View:
Pool
Spa
Patio
View-

About this home

Nestled within the serene embrace of Riven Rock enclave, this 4-bedroom, 2.5-bathroom estate with a detached guest/pool house with a full bathroom — totaling 4-bedrooms, 3.5-bathrooms — offers the ultimate retreat for those who value both sophistication and seclusion. Behind mature oak groves and thoughtfully designed privacy gardens, this extraordinary mountain view estate represents a labor of love — thoughtfully updated by the current owners. From the moment you arrive via the newly stamped concrete driveway, flanked by elegant stone columns and walls, you'll appreciate the seamless blend of architectural integrity and modern luxury that defines this remarkable property. You will be greeted by Brian McNally's breathtaking commissioned stained glass installation... "Ivy Lane at Riven Rock" - an 18-foot tower of light that transforms your daily homecoming into a moment of wonder. Step through the new double front doors and into the living area with sweeping views of the pool and park-like grounds, along with a fully refurbished barbecue area with new wall tile. The heart of your home  a stunning gourmet kitchen  showcases Viking appliances, including a gas stove, microwave, and wine refrigerator that work alongside a Miele dishwasher, all complemented by gleaming quartzite countertops, custom copper sink and faucets, and beautifully refreshed cabinetry with copper hardware. Enjoy the warmth of the sun in the glass breakfast room while overlooking your private English garden, where botanical treasures create an ever-changing tapestry of color and texture. Energy-efficient custom Milgard windows with 3M film and matching French doors blur the boundaries between indoor and outdoor living, all beautifully framed by Hunter Douglas Silhouette remote control shades with imported Italian fabric over-drapes in the great room, dining room, and primary bedroom. Throughout the home, natural wood floors have been expertly refinished and stained, while gas fireplaces in the great room, library, and primary bedroom create intimate gathering spaces perfect for Montecito's cooler evenings. The primary bedroom looks over the stunning backyard and up at the picturesque mountains. The primary bathroom has been transformed into a spa-like sanctuary with new quartzite countertops, a distinctive Kohler Dutch Master blush floral sink, glass shower doors, and updated plumbing. With 3 additional bedrooms in the main house, every room benefits from comprehensive updates, including new interior doors and hardware, refreshed lighting fixtures, and the peace of mind that comes with a new ProTec security system. When it's time to entertain, your guests will be enchanted by the resort-style pool, complete with a new heater and elegant lighting, perfectly positioned near the natural stone fire pit. Complete with a detached pool house, providing even more space to enjoy and escape. Discover a secluded haven offering unrivaled privacy just moments from Montecito's vibrant Upper and Lower Villages. Indulge in premier dining, boutique shopping, and rich cultural experiences, all while residing in the prestigious Cold Spring School District. This is more than a homeit's your ultimate retreat, blending luxury, convenience, and everything you desire.

E
Emily Kellenberger & Associates
Listing Agent
Condition Rating
Excellent

Despite being built in 1984, this property has undergone extensive, high-end renovations by the current owners, bringing it to a virtually new condition. The gourmet kitchen features top-tier Viking and Miele appliances, gleaming quartzite countertops, custom copper fixtures, and beautifully refreshed cabinetry. The primary bathroom has been transformed into a spa-like sanctuary with new quartzite, a distinctive Kohler sink, glass shower doors, and updated plumbing. Throughout the home, natural wood floors have been refinished, energy-efficient Milgard windows and French doors installed, and lighting fixtures updated. The outdoor areas, including the pool and barbecue, have also been refurbished with new components. The overall quality, style, and features meet current luxury standards with no deferred maintenance.
Pros & Cons

Pros

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 = 43560, living area = 3601.
Prime Location & Exclusivity: Situated within the prestigious Riven Rock enclave, offering unparalleled privacy, mountain views, and convenient access to Montecito's upscale villages and the highly-rated Cold Spring School District.
Extensive High-End Renovations: The property has undergone comprehensive, thoughtful updates by current owners, featuring a gourmet kitchen with Viking and Miele appliances, luxurious primary bathroom, refinished wood floors, and energy-efficient Milgard windows.
Resort-Style Outdoor Living: Boasts a resort-style pool with new heater and lighting, a natural stone fire pit, refurbished barbecue area, and meticulously designed privacy gardens, ideal for entertaining and relaxation.
Detached Guest/Pool House: Includes a versatile detached guest/pool house with a full bathroom, providing additional living space, guest accommodation, or a dedicated area for recreation.
Unique Artistic & Luxury Features: Showcases distinctive elements such as a commissioned 18-foot Brian McNally stained glass installation, remote-controlled Hunter Douglas shades, and multiple gas fireplaces, adding unique character and comfort.

Cons

Absence of Central Air Conditioning: Despite extensive updates, the property description does not mention a central air conditioning system, which could be a significant consideration for comfort during warmer months in Montecito.
Subjective Artistic Installation: The prominent 18-foot commissioned stained glass installation, while unique, represents a highly specific artistic taste that may not appeal to all potential luxury buyers, potentially limiting broad market appeal.
Older Core Structure: While extensively updated, the main residence was built in 1984, meaning some underlying systems and structural components are older, which may warrant closer inspection compared to newer construction.
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