99 La Vuelta Road, MONTECITO, CA 93108, MONTECITO, 93108 - 5 bed, 4 bath

99 La Vuelta Road, MONTECITO, CA 93108 home-pic-0
ACTIVE$5,750,000$2,957/sqft
99 La Vuelta Road, MONTECITO, CA 93108
5Beds
4Baths
2,957Sqft
30,056.4Lot

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 = 30056, living area = 2957.
Top Cons:
Age of Property & Potential for Updates: Built in 1927, the estate's age suggests potential for significant capital expenditure on updating major systems (e.g., plumbing, electrical, HVAC) or general modernization to meet contemporary luxury standards.

Compared to the nearby listings

Price:$5.75M vs avg $6.00M ($-250,000)49%
Size:2,957 sqft vs avg 2,835 sqft51%
Price/sqft:$1.9K vs avg $1.4K79%

More Insights

Built in 1927 (99 years old).
Condition: Built in 1927, this charming estate is well-maintained but shows its age in key areas. The kitchen features dated tile countertops and backsplash, despite updated stainless steel appliances. Bathrooms also exhibit older tile work and vanity lighting, suggesting renovations from 15-30 years ago rather than recent updates. While functional and clean, these areas, along with the visible radiators indicating older heating systems, would require significant modernization to meet current luxury standards. The property is aged but maintained, fitting the 'fair' criteria for requiring updates to outdated components.
Year Built
1927
Close
-
List price
$5.75M
Original List price
-
Price/Sqft
$1,945
HOA
$0
Days on market
-
Sold On
-
MLS number
26-16
Home ConditionFair
Features
Excellent View:
Deck
Patio
View-

About this home

Nestled in the heart of Montecito, this distinguished 1920s estate—once owned by Lori Saunders of Petticoat Junction—graces nearly three-quarters of an acre, seamlessly blending privacy, luxury, and timeless charm. The main residence features 4 bedrooms and 2.5 baths, where French doors open to tranquil gardens, a versatile studio, and a dedicated vegetable garden. Avocado and assorted fruit trees enrich the grounds, adding to the estate's serene ambiance. A separate 1-bedroom, 1-bath guest house further enhances the property, which also offers ample space for a pool or pickleball court. Just moments from the ocean, it presents the ideal coastal retreat. Situated within the highly coveted Montecito Union School District, this offering embodies both sophistication and sanctuary.

R
Ryan Gleason
Listing Agent
Condition Rating
Fair

Built in 1927, this charming estate is well-maintained but shows its age in key areas. The kitchen features dated tile countertops and backsplash, despite updated stainless steel appliances. Bathrooms also exhibit older tile work and vanity lighting, suggesting renovations from 15-30 years ago rather than recent updates. While functional and clean, these areas, along with the visible radiators indicating older heating systems, would require significant modernization to meet current luxury standards. The property is aged but maintained, fitting the 'fair' criteria for requiring updates to outdated components.
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 = 30056, living area = 2957.
Prime Montecito Location & School District: Situated in the highly coveted Montecito Union School District and just moments from the ocean, offering an unparalleled lifestyle in a prestigious community.
Historic Charm & Celebrity Provenance: A distinguished 1920s estate with timeless charm, enhanced by its unique history as a former celebrity residence, adding significant character and appeal.
Generous Lot Size & Outdoor Amenities: Nearly three-quarters of an acre featuring tranquil gardens, a versatile studio, a dedicated vegetable garden, and mature fruit trees, providing privacy and a rich outdoor living experience.
Separate Guest House: Includes a valuable separate 1-bedroom, 1-bath guest house, offering flexibility for guests, extended family, or potential income opportunities.
Development Potential: Ample space on the expansive grounds allows for future customization, such as the addition of a pool or pickleball court, enhancing property value and lifestyle.

Cons

Age of Property & Potential for Updates: Built in 1927, the estate's age suggests potential for significant capital expenditure on updating major systems (e.g., plumbing, electrical, HVAC) or general modernization to meet contemporary luxury standards.
High Price Point: The list price of $5.75 million represents a substantial investment, which may limit the pool of potential buyers despite the property's desirable location and features.
Lack of Explicit Modern Renovations: While described as charming, the listing does not explicitly detail recent major renovations to the main residence's interior or infrastructure, implying potential for outdated finishes or systems that a buyer may wish to upgrade.
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