
Santa Barbara, CA 93108
This Refined Montecito Estate is listed at $5,950,000, representing a stable acquisition aligned with its $5,813,393 Fair Market Value. Maintaining a Good Condition Rating, this 1962 residence serves as a move-in ready sanctuary situated on over an acre of lush grounds. The property features a sparkling pool, expansive mountain views, and a luxurious primary suite with a private veranda. Combining classic architectural grandeur with a high-end kitchen and stone countertops, it offers a premier coastal lifestyle. This is an ideal match for Luxury Owner-Occupants or Lifestyle Seekers.
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 | $1,576 | - |
A 1175 E Mountain Drive Sold | $4,700,000 | 3 | 2 | 3,400 | $1,382 | 0.8 mi |
B 1399 School House Road Sold | $6,625,000 | 5 | 5 | 3,637 | $1,822 | 1.0 mi |
C 1158 Dulzura Drive Sold | $4,995,000 List Price | 4 | 4 | 4,000 | 0.2 mi | |
D 1175 E Mountain Drive Sold | $4,950,000 | 3 | 2 | 3,400 | $1,456 | 0.8 mi |
E 1383 School House Road Sold | $5,800,000 | 4 | 3 | 2,926 | $1,982 | 0.9 mi |
F 2066 Eucalyptus Hill Road Sold | $5,595,000 | 4 | 5 | 4,377 | $1,278 | 0.6 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. Although originally built in 1962, the home features a high-end kitchen with stone countertops, a large center island, and premium stainless steel appliances including a Sub-Zero refrigerator and double ovens. The interior showcases quality hardwood flooring, a grand foyer with a crystal chandelier, and updated recessed lighting. While the cabinetry style and some fixtures suggest the renovation is not brand new, the overall quality, functional systems, and lack of deferred maintenance align with the 'good' condition category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 46174, living area = 3689.
Situated on over an acre of lush, private land, the property features mature oaks, manicured gardens, and a sparkling pool, offering a quintessential indoor-outdoor lifestyle in a premier location.
The residence boasts a grand foyer with a sweeping staircase, soaring ceilings, and elegant formal spaces that capture the classic charm and refined grandeur of Montecito living.
Built in 1962, the home may require significant capital investment to modernize systems and finishes to align with contemporary luxury standards and high-end buyer expectations.
Multiple price reductions from the initial $6.85M listing price suggest a challenging market position or initial overvaluation, which can impact perceived value during negotiations.
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 gardensan 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 | 46,174 | 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 1, 2026
$5,950,000
$6,450,000
-8% Price Drop
Initial Listing
Jan 18, 2026
$6,450,000
$6,850,000
-6% Price Drop
Initial Listing
Dec 12, 2025
$6,850,000
Initial Listing
Feb 9, 2024
$5,400,000
Public Record