888 Lilac Drive, Montecito, CA 93108, Montecito, 93108 - 6 bed, 10 bath

888 Lilac Drive, Montecito, CA 93108 home-pic-0
ACTIVE$29,995,000$13,599/sqft
888 Lilac Drive, Montecito, CA 93108
6Beds
10Baths
13,599Sqft
90,605Lot

Price Vs. Estimate

Estimation data not available

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 = 90605, living area = 13599.
Top Cons:
High Operational Complexity & Cost: The extensive array of luxury amenities and sophisticated 'off-grid' systems, while beneficial, will likely entail significant ongoing maintenance, utility, and staffing costs, requiring specialized management.

Compared to the nearby listings

Price:$30.00M vs avg $6.00M (+$23,995,000)98%
Size:13,599 sqft vs avg 2,835 sqft99%
Price/sqft:$2.2K vs avg $1.4K86%

More Insights

Built in 2006 (20 years old).
Condition: Built in 2006, this property presents as virtually new due to its exceptional maintenance and high-end, timeless design. The kitchen features top-of-the-line, modern appliances, pristine marble countertops, custom dark wood cabinetry, and contemporary pendant lighting. Bathrooms are luxurious, showcasing expansive glass-enclosed showers with multiple heads, modern soaking tubs, and high-quality tile work throughout. All flooring, light fixtures, and finishes across the property are of superior quality and appear to be in immaculate condition, reflecting current luxury standards with no visible signs of wear or deferred maintenance. The overall aesthetic and extensive amenities contribute to an 'excellent' rating.
Year Built
2006
Close
-
List price
$30M
Original List price
-
Price/Sqft
$2,206
HOA
$0
Days on market
-
Sold On
-
MLS number
24382865
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
Robert Riskin
Listing Agent
Condition Rating
Excellent

Built in 2006, this property presents as virtually new due to its exceptional maintenance and high-end, timeless design. The kitchen features top-of-the-line, modern appliances, pristine marble countertops, custom dark wood cabinetry, and contemporary pendant lighting. Bathrooms are luxurious, showcasing expansive glass-enclosed showers with multiple heads, modern soaking tubs, and high-quality tile work throughout. All flooring, light fixtures, and finishes across the property are of superior quality and appear to be in immaculate condition, reflecting current luxury standards with no visible signs of wear or deferred maintenance. The overall aesthetic and extensive amenities contribute to an 'excellent' rating.
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 = 90605, living area = 13599.
Panoramic Ocean Views: The property boasts vast, unobstructed ocean views, a highly coveted and value-driving feature in the Montecito market.
Exceptional Luxury Amenities: A comprehensive suite of high-end amenities including a gym, theater, bar, game room, pool, guest house, and a 5-car garage provides unparalleled lifestyle and entertainment options.
Advanced Sustainable Living Systems: Equipped with solar power, a generator, greywater irrigation, a private well, organic gardens, and chicken coops, offering a sophisticated and self-sufficient 'off-grid' lifestyle.
Expansive & Flexible Entertaining Spaces: Designed to seamlessly host large gatherings of over 200 guests while also providing intimate living spaces, with public areas opening to lush grounds.
Prime Montecito Estate & Flat Grounds: Situated on desirable flat grounds in the prestigious Montecito area, offering a rare combination of privacy, expansive space, and a sought-after address.

Cons

High Operational Complexity & Cost: The extensive array of luxury amenities and sophisticated 'off-grid' systems, while beneficial, will likely entail significant ongoing maintenance, utility, and staffing costs, requiring specialized management.
Specific Design Aesthetic: While boasting 'incredible design,' the property's specific architectural style and interior finishes, though luxurious, may not universally appeal to all ultra-luxury buyers, potentially narrowing the market.
Potential for System Updates: Built in 2006, while relatively modern, some discerning buyers at this price point may prefer brand new construction or a recently renovated historic estate, potentially requiring future updates to certain systems or aesthetics.
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