937 Cima Linda Lane, SANTA BARBARA, CA 93108, SANTA BARBARA, 93108 - 7 bed, 11 bath
937 Cima Linda Lane
SANTA BARBARA, CA 93108
Property Price
SUMMARY
Analysis of 937 Cima Linda Lane, SANTA BARBARA, CA 93108 reveals a Fairly Priced Property with a current list price of $23,500,000 aligned with the estimated $23,500,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 937 Cima Linda Lane Subject | $23,500,000* List Price | 7 | 11 | 8,392 | $2,800 | - |
A 1084 Golf Road Active | $29,750,000 List Price | 8 | 10 | 8,755 | $3,398 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property, though built in 1982, has undergone a 'down to the studs' and 'meticulous remodel' by renowned architects and craftsmen, as stated in the description. The images confirm this, showcasing virtually new, high-end finishes throughout. The main kitchen features white shaker cabinets, marble countertops, modern appliances, and contemporary lighting. Bathrooms are luxurious with marble, modern fixtures, and pristine condition. Flooring includes new stone, dark hardwood, and light herringbone wood. All elements reflect a recent, comprehensive renovation to the highest quality standards, leaving no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 133729, living area = 8392.
- Prime Montecito Location & Privacy
Perched in one of Montecito's most sought-after, ultra-private locations, just minutes from the Upper and Lower Villages, offering unparalleled exclusivity.
- Extensive & High-Quality Remodel
The property underwent a meticulous 'down-to-the-studs' remodel by Lenvik & Minor Architects with expert craftsmanship by Giffin & Crane, ensuring modern design, quality, and structural integrity.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 5.
- Exclusivity of Price Point
The list price of $23.5 million targets a very niche market, significantly limiting the pool of potential buyers.
- High Ongoing Maintenance Costs
A property of this scale (8,392 sqft home on a 3-acre lot) will inherently incur substantial ongoing expenses for landscaping, utilities, property taxes, and general upkeep.
About 937 Cima Linda Lane
Perched in one of Montecito's most sought after locations, this ultra private ocean view estate is a masterclass in elegance, design and quality. Taken down to the studs and completely reimagined by Lenvik & Minor Architects with expert craftsmanship by Giffin & Crane, no detail was overlooked in this meticulous remodel. The home features five generously sized en-suite bedrooms and expansive living areas that open effortlessly to a sprawling ocean-view terrace. With soaring ceilings, walls of glass and a seamless indoor-outdoor flow, every space invites in natural light and panoramic coastal vistas. Situated just minutes from the Upper and Lower Villages of Montecito, this exceptional view property is a rare offering.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1982
- Lot Size
- 133,729.203 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 11 (11 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 94% |
| Baths | 11.0 | 5.0 | 98% |
| Square foot | 8,392 | 3,784 | 93% |
| Lot Size | 133,729.203 | 43,560 | 91% |
| Price | $23.50M | $5.49M | 97% |
| Price per sq ft | $2.8K | $1.6K | 92% |
| Built year | 1982 | 1973 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 297 | 239 | 68% |
Pricing History
Listed for Sale
May 14, 2025
$23,500,000
Initial Listing
Sold
Jun 30, 1998
$1,995,000
Public Record