
SANTA BARBARA, CA 93108
Analysis of 935 Arcady Road, SANTA BARBARA, CA 93108 reveals a property with a current list price of $8,750,000, which is 3% above the estimated $8,473,335 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the SANTA BARBARA Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 935 Arcady Road Subject | $8,750,000* List Price | 4 | 4 | 3,838 | $2,208 | - |
A 655 Oak Springs Lane Sold | $8,900,000 | 3 | 6 | 4,334 | $2,054 | 0.2 mi |
B 840 Ivy Lane Sold | $7,000,000 | 4 | 4 | 3,601 | $1,944 | 0.7 mi |
C 840 Ivy Lane Sold | $7,000,000 | 4 | 4 | 3,601 | $1,944 | 0.7 mi |
D 1029 Alston Road Sold | $6,780,000 | 5 | 5 | 4,157 | $1,631 | 0.6 mi |
E 608 Stone Meadow Lane Sold | $8,100,000 | 4 | 4 | 0 | 0.8 mi | |
F 2760 Sycamore Canyon Road Active | $8,950,000 List Price | 4 | 5 | 3,837 | $2,333 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1949, this property has clearly undergone an extensive, high-quality renovation within the last 5 years. The kitchen features modern white cabinetry, a large wood-top island, high-end stainless steel Viking appliances, and contemporary pendant lighting. Bathrooms are equally updated with modern vanities, gold-toned fixtures, glass-enclosed showers, and clean tiling. Throughout the home, wide-plank wood floors, fresh paint, recessed lighting, and modern ceiling fans indicate a complete and recent overhaul, presenting a virtually new interior condition with sophisticated design and no visible deferred maintenance.
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 = 3838.
Perched on a private hilltop in Montecito's exclusive Arcady Estates, the property offers breathtaking panoramic views of the Pacific Ocean, coastline, and Santa Ynez Mountains from multiple vantage points.
The serene grounds feature a pool with an in-pool spa, Lotusland-inspired meditation gardens, winding paths, and multiple patios, creating an unparalleled outdoor living and entertaining experience.
Built in 1949, the property, while well-maintained and charming, may possess older infrastructure or systems that could necessitate future maintenance or modernization, which is not explicitly detailed.
The substantial list price of $8.75 million positions this property within an ultra-luxury market segment, potentially narrowing the buyer pool and requiring a specific financial capacity.
Its location 'perched on a private hilltop' might involve steeper access roads or a more secluded feel that some buyers may find less convenient, despite the provision of dual driveways.
Perched on a private hilltop in Montecito's exclusive Arcady Estates, this romantic Cape Cod-style home offers breathtaking views of the Pacific Ocean, coastline, and Santa Ynez Mountains. Nestled off a quiet lane, the 4-bed, 3.5-bath retreat blends timeless charm with sophisticated design for seamless indoor-outdoor living. Light-filled interiors feature soaring ceilings, wide-plank wood floors, French doors, and multi-panel windows framing stunning vistas. The serene grounds include a pool with in-pool spa, Lotusland-inspired meditation gardens, and winding paths lined with oaks, succulents, and vibrant plants. Patios invite al fresco dining and quiet reflection. Dual driveways offer privacy & parking. Moments from Montecito's villages, trails, beaches, and Cold Spring School District.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,838 | 3,601 | 60% |
| Lot Size | 43,560 | 40,293.1 | 55% |
| Price | $8.75M | $5.31M | 77% |
| Price per sq ft | $2.3K | $1.7K | 77% |
| Built year | 1949 | 1980 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 372 | 239 | 80% |
Apr 15, 2025
$8,750,000
Initial Listing
Apr 26, 2023
$6,262,500
Public Record
Mar 1, 2017
$2,875,000
Public Record