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$5,500,000

Est. payment - /mo

4 Beds

4 Baths

2,103 SqFt

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Open House

Sat Jun 27, 12:00pm - 2:00pm

Sun Jun 28, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Home/Estate

Listing Status Active

Purchase Type For Sale

Square Footage 2,103 sqft

Price per Sqft $2,615

MLS Listing ID 26-2066

Style Split Level,Ranch

Bedrooms 4

Full Baths 3

Half Baths 1

Year Built 1947

Lot Size 1.930 Acres

Acres 1.93

Lot Dimensions 84070.8

Property Sub-Type Home/Estate

Source Santa Barbara Multiple Listing Service

Property Description

Major Million Dollar Price Improvement! First time on the market in 50 years, this rare ±1.93-acre Montecito legacy property offers incredible potential on coveted Schoolhouse Rd. Existing 3BD/2.5BA residence, detached guest house, pool, mature oaks, seasonal stream & mountain views. Recent land-use review supports a new approx. ±5,864 sq.ft. main residence + attached 800 sq.ft. Garage, 1200 sq.ft. ADU, 1400 sq.ft of additional accessory structures & potentially keep existing detached Guest house & two car garage w/ workshops (buyer to verify). Newly completed conceptual renderings and planning work provides a vision for the future. A rare opportunity to build or rebuild a timeless estate in the heart of Montecito moments from the Upper Village, Manning Park and Montecito Union School.

Location

State CA

County Santa Barbara

Direction Adjacent to MUS, access from San Ysidro or Hot Springs Rd.

Interior

Interior Features Recessed Lighting, Vaulted Ceiling(s)

Heating Forced Air

Fireplaces Type Living Room

Fireplace Yes

Laundry Common Area

Exterior

Exterior Feature Hot Tub, Fruit Trees, Yard Irrigation PRT, Drought Tolerant LND

Parking Features Garage, Storage, Attached, Detached

Garage Spaces 4.0

Accessibility Hand Rails

Total Parking Spaces 4

Garage Yes

Building

Lot Description Wooded, Level, Flag Lot, Near Public Transit

Foundation Slab, Mixed, Pier & Post

Water Meter In, Mont Wtr

Architectural Style Split Level, Ranch

Others

Tax ID 009-080-007

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

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Listed by Compass

Nearby Locations

GET MORE INFORMATION

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

1445 School House RD Road Montecito, CA 93108