
MONTECITO, CA 93108
This Refined Montecito Estate is listed at $5,950,000, representing a stable acquisition perfectly aligned with its $5,950,000 Fair Market Value. Boasting a Good Condition Rating, the residence features a soaring foyer, chef’s kitchen with stone counters, and classic architectural details. Set on over an acre of lush private grounds, the property includes a sparkling pool and offers mountain and partial ocean views. With its timeless elegance and seamless indoor-outdoor flow, this home is a premier choice for luxury owner-occupants or families seeking a sophisticated coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 937 Arcady Road Subject | $5,950,000* List Price | 3 | 4 | 3,689 | $1,613 | - |
A 1175 E Mountain Drive Sold | $4,950,000 | 3 | 2 | 3,400 | $1,456 | 0.8 mi |
B 1383 School House Road Sold | $5,800,000 | 4 | 3 | 2,926 | $1,982 | 0.9 mi |
C 840 Ivy Lane Sold | $7,000,000 | 4 | 4 | 3,601 | $1,944 | 0.6 mi |
D 1158 Dulzura Drive Sold | $4,995,000 List Price | 4 | 4 | 4,000 | 0.2 mi | |
E 1157 Glenview Road Active | $5,998,000 List Price | 4 | 4 | 4,307 | $1,393 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been well-maintained with significant updates. The kitchen features high-end stainless steel appliances, including a Sub-Zero refrigerator and double ovens, along with stone countertops and updated herringbone tile flooring. Throughout the home, there are quality hardwood floors, recessed lighting, and classic architectural details that have been preserved. While the home was built in 1962 and the style of the cabinetry and some fixtures suggest the renovations are not brand new, the overall quality and lack of deferred maintenance align with a 'good' rating.
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.
Set on over an acre of lush Montecito land, the property offers exceptional privacy, mature oak trees, and beautifully landscaped gardens that are rare for the area.
The residence features a grand soaring foyer, traditional fireplaces, and high-end finishes that embody the timeless and sophisticated Montecito aesthetic.
Built in 1962, the property may require updates to its mechanical systems or cosmetic refreshments to meet the expectations of modern luxury buyers.
The significant price reductions from the original $6.85M listing suggest initial overpricing and may lead to buyer concerns regarding the property's market velocity.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 47% |
| Baths | 4.0 | 4.0 | 50% |
| Square foot | 3,689 | 3,601 | 56% |
| Lot Size | 46,173.602 | 40,293.1 | 78% |
| Price | $5.95M | $5.31M | 58% |
| Price per sq ft | $1.6K | $1.7K | 47% |
| Built year | 1962 | 1980 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 131 | 238 | 22% |
Mar 3, 2026
$5,950,000
$6,450,000
-8% Price Drop
Initial Listing
Jan 22, 2026
$6,450,000
$6,850,000
-6% Price Drop
Initial Listing
Dec 12, 2025
$6,850,000
Initial Listing