888 Lilac Drive, MONTECITO, CA 93108, MONTECITO, 93108 - 6 bed, 8 bath

888 Lilac Drive, MONTECITO, CA 93108 home-pic-0
ACTIVE$29,995,000/sqft
888 Lilac Drive, MONTECITO, CA 93108
6Beds
8Baths
Sqft
90,604.797Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Vast Ocean Views: The property offers vast, unobstructed ocean views, a highly coveted and premium feature in the Montecito market.
Top Cons:
Extremely High Price Point: The list price of nearly $30 million significantly restricts the potential buyer pool to an ultra-luxury market segment.

Compared to the nearby listings

Price:$30.00M vs avg $6.00M (+$23,995,000)98%
Size: sqft vs avg 2,795 sqft25%
Price/sqft:$0 vs avg $1.4K36%

More Insights

Built in 2006 (20 years old).
Condition: Built in 2006, this property presents as virtually new, showcasing an 'incredible design' and 'luxe amenities' as described. The images reveal a state-of-the-art kitchen with high-end, modern appliances, marble slab countertops and backsplash, custom dark cabinetry, and contemporary lighting. The bathrooms are equally luxurious, featuring expansive glass showers with multiple heads, modern tubs, and premium stone tiling. Throughout the home, high-quality flooring (marble, dark and light wood), elegant light fixtures, and pristine finishes are evident. The presence of advanced systems like solar, a generator, and greywater irrigation, along with extensive amenities (gym, theater, pool, guest house), further underscores its top-tier condition. The property appears to have either undergone a very recent extensive renovation or has been meticulously maintained and updated to current luxury standards, with no visible deferred maintenance.
Year Built
2006
Close
-
List price
$30M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
24-1256
Home ConditionExcellent
Features
Excellent View:
Deck
Pool
Spa
Patio
View-

About this home

Vast ocean views, flat grounds, luxe amenities, & incredible design coalesce at this iconic Montecito property. Flexible spaces both inside and out make this an intimate home for 2 yet can easily accommodate crowds of over 200. Public spaces blend seamlessly and open to the view and lush grounds beyond. A main level primary suite offers a restful way to begin and end each day while 5 addt'l bd suite are perfect for loved ones. Gym, theater, bar, game room, pool, guest house & 5-car garage allow you to savor all of life's moments. Living off the grid has never been more chic. Solar, a generator, greywater irrigation system, private well, organic vegetable bed & citrus orchards, chicken coops, and secret gardens define sustainable sensibility and offer an unparalleled piece of paradise.

R
Ryan Malmsten
Listing Agent
Condition Rating
Excellent

Built in 2006, this property presents as virtually new, showcasing an 'incredible design' and 'luxe amenities' as described. The images reveal a state-of-the-art kitchen with high-end, modern appliances, marble slab countertops and backsplash, custom dark cabinetry, and contemporary lighting. The bathrooms are equally luxurious, featuring expansive glass showers with multiple heads, modern tubs, and premium stone tiling. Throughout the home, high-quality flooring (marble, dark and light wood), elegant light fixtures, and pristine finishes are evident. The presence of advanced systems like solar, a generator, and greywater irrigation, along with extensive amenities (gym, theater, pool, guest house), further underscores its top-tier condition. The property appears to have either undergone a very recent extensive renovation or has been meticulously maintained and updated to current luxury standards, with no visible deferred maintenance.
Pros & Cons

Pros

Vast Ocean Views: The property offers vast, unobstructed ocean views, a highly coveted and premium feature in the Montecito market.
Extensive Luxury Amenities: Boasts a comprehensive suite of luxury amenities including a gym, theater, bar, game room, pool, guest house, and a 5-car garage, catering to a high-end lifestyle.
Sustainable & Self-Sufficient Features: Equipped with solar, a generator, greywater irrigation, private well, organic gardens, and chicken coops, providing an eco-conscious and independent living experience.
Prime Montecito Location & Flat Grounds: Located in the exclusive Montecito area, featuring rare and highly desirable flat grounds that enhance usability and property value.
Versatile Entertaining & Living Spaces: Designed for both intimate living and large-scale events (accommodating over 200 guests), with seamless indoor-outdoor flow and a convenient main-level primary suite.

Cons

Extremely High Price Point: The list price of nearly $30 million significantly restricts the potential buyer pool to an ultra-luxury market segment.
Niche Appeal of Self-Sufficiency Features: While a strength for some, the extensive 'off-grid' and agricultural elements (e.g., chicken coops, large organic gardens) may not appeal to all ultra-luxury buyers, potentially narrowing market interest.
High Ongoing Maintenance Costs: The expansive grounds, numerous luxury amenities, and complex sustainable systems will likely incur substantial ongoing maintenance, staffing, and operational expenses.
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