999 Romero Canyon Road, Montecito, CA 93108, Montecito, 93108 - 6 bed, 7 bath
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Montecito, CA 93108
This Turnkey Montecito Compound represents a Strong Value Opportunity, listed at $23,500,000—positioned well below the $26,073,438 Fair Market Value by 9%. This valuation gap offers $2,573,438 in Instant Equity for the discerning buyer. Featuring an Excellent Condition Rating with high-end Calacatta marble and smart-home technology, the estate offers an infinity-edge pool, guest house, and panoramic ocean views. This property is an ideal acquisition for High-Net-Worth Individuals or Owner-Occupants seeking a private, resort-inspired sanctuary in a premier coastal location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 999 Romero Canyon Road Subject | $23,500,000* List Price | 6 | 7 | 10,864 | $2,400 | - |
A 888 Lilac Drive Active | $29,995,000 List Price | 6 | 10 | 13,599 | $2,206 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2002, the property has undergone a high-end renovation within the last 5 years, featuring Calacatta marble, solid oak flooring, and integrated smart-home functionality. The kitchen and primary suite are in mint, turnkey condition with modern finishes, meeting the criteria for a recent renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 105851, living area = 10864.
The estate offers some of the most expansive vistas in Montecito, featuring sweeping views of the Pacific Ocean and Channel Islands from a private 2.4-acre gated lot.
This turnkey compound is fully equipped for luxury living and entertaining, featuring an infinity-edge pool, guest house, gym, steam room, sauna, and a private sport court.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =105851, other record lot size in square feet = 3484.
The property has seen a substantial price increase since its 2021 sale, which may require a buyer comfortable with the current premium valuation of the Montecito market.
The scale of the 10,000+ square foot residence combined with extensive grounds and specialized amenities necessitates a high level of ongoing maintenance and staffing.
Set behind gates on 2.4 acres in Montecito, this ocean-view estate offers a rare combination of privacy, scale, and effortless livability, with what many would consider among the best views in Montecito. Sweeping vistas extend across the Pacific and Channel Islands, while the grounds are thoughtfully designed for both quiet retreat and exceptional entertaining, with an infinity-edge pool terrace, resort-inspired amenities, and a strong indoor-outdoor rhythm throughout. Inside, Calacatta marble, solid oak, and refined smart-home functionality bring warmth, substance, and ease to the home's beautifully composed interiors. The primary suite is a true retreat, while the kitchen and gathering spaces are designed to accommodate both everyday comfort and large-scale hosting.With 6 bedrooms, 6.5 bathrooms, a guest house, gym, steam room, sauna, and sport court, this is a turnkey Montecito compound of uncommon privacy and presence, moments from the best of the Lower Village, beaches, and Montecito's celebrated lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 7.0 | 0.0 |
| Square foot | 10,864 | - |
| Lot Size | 105,851 | - |
| Price | $23.50M | $4.71M |
| Price per sq ft | $2.2K | $1.5K |
| Built year | 2002 | 0 |
| HOA | $0 | $0 |
| Days on market | 16 | 87 |
Jul 6, 2026
$23,500,000
Initial Listing
May 5, 2021
$9,910,000
Public Record