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937 Arcady Road, MONTECITO, CA 93108, MONTECITO, 93108 - 3 bed, 4 bath

937 Arcady Road, MONTECITO, CA 93108 home-pic-0
ACTIVE$6,850,000$3,689/sqft
Est. Value: $6,982,876
1%
FairlyEstimate
937 Arcady Road, MONTECITO, CA 93108
3Beds
4Baths
3,689Sqft
46,173.602Lot

Price Vs. Estimate

The estimated value ($6,982,876.13) is $132,876.13 (1%) lower than the list price ($6,850,000). 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 = 46173, living area = 3689.
Top Cons:
Age of Property (1962): Built in 1962, the property may have original systems (e.g., plumbing, electrical, HVAC) that could require significant updates or maintenance in the near future.

Compared to the nearby listings

Price:$6.85M vs avg $6.00M (+$850,000)63%
Size:3,689 sqft vs avg 2,835 sqft62%
Price/sqft:$1.9K vs avg $1.4K73%

More Insights

Built in 1962 (64 years old).
Condition: The property, built in 1962, presents as move-in ready with significant updates. The kitchen features modern stainless steel appliances, stone countertops, and a contemporary range hood, suggesting a renovation within the last 5-15 years. The guest house appears very recently updated with new flooring and a mini-split HVAC system. While the primary bathroom's tile choices and jetted tub style might be slightly older (10-20 years), it is clean and functional. Hardwood floors are in excellent condition throughout the main living areas. The main house lacks explicit central cooling, which is a consideration for a property of this caliber and location. Overall, the property is well-maintained and updated in key areas, aligning with the 'Good' score criteria for a home extensively renovated within the last 5 to 15 years, despite its original build year.
Year Built
1962
Close
-
List price
$6.85M
Original List price
-
Price/Sqft
$1,857
HOA
$0
Days on market
-
Sold On
-
MLS number
25-4378
Home ConditionGood
Features
Good View:
Pool
Patio
View-

About this home

Set amid more than an acre of lush Montecito grounds, this refined residence offers a quiet sense of grandeur and an elegant, effortless way of living. A soaring foyer with a sweeping staircase and chandelier welcomes you inside, where tall windows and French doors bring in soft natural light and create a warm, inviting ambiance. The formal living spaces capture the charm of classic Montecito living. A gracious living room, anchored by a traditional fireplace, opens to terraces overlooking the pool and gardens—an ideal setting for gatherings of any size. The adjacent dining room and library provide versatile spaces suited for both intimate hosting and peaceful moments at home. The kitchen is bright and thoughtfully designed, featuring an expansive center island, stone countertops, and a wall of windows that frame the gardens. With generous cabinetry and double ovens, it offers a welcoming setting for everyday living and entertaining. Upstairs, each bedroom serves as a private retreat, complete with en-suite baths and balconies that take in tranquil landscape views. The primary suite is especially inviting, offering a sitting area, fireplace, and French doors that open to a romantic veranda. Outdoors, the grounds embrace the best of Montecito's indoor-outdoor lifestyle. A sparkling pool is surrounded by mature oaks, colorful gardens, and patios ideal for relaxation or hosting. A versatile room near the pool offers added comfort and adaptability, ideal for guests or a variety of uses. Combining privacy, charm, and enduring style, this Montecito residence embodies refined living, where comfort and elegance come naturally and each setting enhances the beauty of daily life.

C
Cristal Clarke
Listing Agent
Condition Rating
Good
The property, built in 1962, presents as move-in ready with significant updates. The kitchen features modern stainless steel appliances, stone countertops, and a contemporary range hood, suggesting a renovation within the last 5-15 years. The guest house appears very recently updated with new flooring and a mini-split HVAC system. While the primary bathroom's tile choices and jetted tub style might be slightly older (10-20 years), it is clean and functional. Hardwood floors are in excellent condition throughout the main living areas. The main house lacks explicit central cooling, which is a consideration for a property of this caliber and location. Overall, the property is well-maintained and updated in key areas, aligning with the 'Good' score criteria for a home extensively renovated within the last 5 to 15 years, despite its original build year.
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 = 46173, living area = 3689.
Prime Location & Expansive Grounds: Situated on over an acre of lush grounds in highly desirable Montecito, offering privacy and exclusivity within a prestigious community.
Elegant Architecture & Grand Interiors: Features a soaring foyer with a sweeping staircase, formal living spaces, and a refined ambiance characteristic of classic Montecito estates.
Seamless Indoor-Outdoor Living: Designed for an exceptional indoor-outdoor lifestyle with multiple terraces, a sparkling pool, mature gardens, and balconies from every bedroom.
Luxurious Primary Suite & En-Suite Bedrooms: The primary suite includes a sitting area, fireplace, and private veranda, complemented by additional bedrooms each featuring en-suite baths and balconies.
Thoughtfully Designed Kitchen: A bright and well-appointed kitchen boasts an expansive center island, stone countertops, double ovens, and generous cabinetry, ideal for everyday living and entertaining.

Cons

Age of Property (1962): Built in 1962, the property may have original systems (e.g., plumbing, electrical, HVAC) that could require significant updates or maintenance in the near future.
Absence of Explicit Cooling System: The property description does not mention a cooling system (e.g., central air conditioning), which could be a comfort concern during warmer periods.
Lack of Prominent Panoramic Views: While offering tranquil landscape views, the description does not highlight panoramic ocean, mountain, or city views, which are often highly sought after and value-adding in Montecito.
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