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939 Arcady Road, Santa Barbara, CA 93108, Santa Barbara, 93108 - 5 bed, 5 bath

939 Arcady Road, Santa Barbara, CA 93108 home-pic-0
ACTIVE$4,775,000$6,000/sqft
939 Arcady Road, Santa Barbara, CA 93108
5Beds
5Baths
6,000Sqft
60,113Lot

Price Vs. Estimate

Estimation data not available

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 = 60113, living area = 6000.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 7.

Compared to the nearby listings

Price:$4.78M vs avg $6.00M ($-1,225,000)38%
Size:6,000 sqft vs avg 2,835 sqft87%
Price/sqft:$796 vs avg $1.4K37%

More Insights

Built in 1951 (75 years old).
Condition: The property, built in 1951, is well-maintained but shows significant signs of age in key areas. The kitchen features very dated cabinets, countertops, backsplash, and appliances, requiring a full renovation to meet modern standards. While hardwood floors are present in many areas, some rooms have severely outdated blue patterned carpeting. The overall style of the interior, particularly the kitchen and some light fixtures, suggests renovations were done 15-30 years ago, making it functional but aesthetically outdated for a luxury market. The property is 'move-in ready' but requires substantial updates to finishes and potentially major systems to align with contemporary luxury expectations.
Year Built
1951
Close
-
List price
$4.78M
Original List price
-
Price/Sqft
$796
HOA
$800
Days on market
-
Sold On
-
MLS number
24458025
Home ConditionFair
Features
Excellent View:
Deck
View-

About this home

This large Montecito home on 1.38 acres features breathtaking views of the Santa Ynez Mountains. The award-winning Cold Spring School (ranked first in the State of California) and locally beloved Montecito Firehouse are just 4/10 of a mile away. Set on a private road in Arcady Estates, this ready to move-in 6000 SF residence offers endless potential and a flexible floor plan. The entry and living areas open to a two-story wall of glass and a large outdoor deck. The family room connects to a spacious great room, located off the kitchen. The main floor also has two en-suite bedrooms, ideal for guests or family members. The upper level has a palatial master suite with a fireplace, separate study and office and a nursery or sitting room. French doors open to a balcony with panoramic mountain views to Montecito Peak. Two additional upstairs bedrooms have vaulted ceilings with exposed oak beams and private balconies The upper level has a palatial master suite with a fireplace, separate study and office and a nursery or sitting room. French doors open to a balcony with panoramic mountain views to Montecito Peak. Two additional upstairs bedrooms have vaulted ceilings with exposed oak beams and private balconies.

S
Stephen Epstein
Listing Agent
Condition Rating
Fair
The property, built in 1951, is well-maintained but shows significant signs of age in key areas. The kitchen features very dated cabinets, countertops, backsplash, and appliances, requiring a full renovation to meet modern standards. While hardwood floors are present in many areas, some rooms have severely outdated blue patterned carpeting. The overall style of the interior, particularly the kitchen and some light fixtures, suggests renovations were done 15-30 years ago, making it functional but aesthetically outdated for a luxury market. The property is 'move-in ready' but requires substantial updates to finishes and potentially major systems to align with contemporary luxury expectations.
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 = 60113, living area = 6000.
Prestigious Location & Views: Situated on a private road in Arcady Estates, Montecito, the property offers breathtaking panoramic views of the Santa Ynez Mountains and Montecito Peak, enhancing its exclusivity and appeal.
Exceptional School District: The home is located just 4/10 of a mile from the award-winning Cold Spring School, ranked first in the State of California, making it highly desirable for families.
Spacious & Luxurious Living: A substantial 6000 SF residence on 1.38 acres, featuring a palatial master suite with a fireplace, separate study/office, nursery, and multiple en-suite bedrooms, providing ample space and luxury.
Architectural Features & Indoor/Outdoor Flow: The property boasts a two-story wall of glass, a large outdoor deck, French doors opening to balconies from the master suite, and private balconies from additional bedrooms, seamlessly blending indoor and outdoor living.
Flexible Floor Plan & Potential: Described as 'ready to move-in' with 'endless potential and a flexible floor plan,' allowing for customization and adaptation to various lifestyle needs.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 7.
Age of Property & Potential for Updates: Built in 1951, while offering classic charm, the property may require significant updates to major systems (e.g., plumbing, electrical, HVAC) or finishes to meet contemporary luxury standards, despite being move-in ready.
High Price Point & Limited Buyer Pool: With a list price of $4.775 million and an $800 association fee, the property targets a highly exclusive market segment, potentially limiting the pool of prospective buyers.
Absence of Specific Modern Amenities/Upgrades: The description highlights size and views but lacks explicit mention of specific modern luxury amenities such as a fully remodeled gourmet kitchen, updated bathrooms (beyond the master), smart home technology, or energy-efficient features, which are often expected at this price point.
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