Property Description
Set on a remarkably private and level 1-acre parcel, this gated Montecito estate lives like a true luxury compound. Featuring 2 beautifully designed homes including a newly constructed +/- 1,200 sq ft ADU the expansive, park-like property is ideal for multi-generational living, guests, or income potential. Located in the coveted Cold Spring School District, this rare retreat sits perfectly between Montecito's upper and lower villages and is just minutes from beaches and scenic hiking trails. Plans designed by A34 Studios are available for expansion of the main residence, with a land use permit for new construction in hand.Beyond the gated entrance, a spacious motor court offers ample parking and comfortable separation between the two residences. Significant infrastructure upgrades -- including electrical, sewer, water, and gas system improvements -- provide peace of mind for years to come. The single-level main residence features vaulted ceilings, a cozy fireplace, a remodeled kitchen, two bedrooms plus a loft, and easy access to a generous entertaining deck, outdoor barbecue, and various seating areas.Steps away, the newly built 2-bed/2-bath ADU features soaring 10-foot ceilings, open-concept living areas, and folding steel doors that invite the outdoors in. Just off the main living area, a covered patio overlooks the expansive grassy lawn and serene setting. At every turn, the home features sophisticated, top-quality finishes, energy-efficient upgrades, and custom details. A covered breezeway connects the home to an oversized garage with EV charging, private laundry, and abundant storage, completing the ADU's thoughtful layout. Outside, endless possibilities await, whether you're entertaining, gardening, or simply looking for a serene space to relax outdoors. Amenities include a fire pit area, garden beds, grassy open areas, a putting green, and a detached flex space perfect for an office, art studio, or fitness room -- all surrounded by lush landscaping, mature trees, and privacy hedges. With its flat, usable land, dual residences, and impressive seclusion, this property offers a rare combination of space, privacy, and versatility -- ready for immediate enjoyment or future expansion.
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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$81,297
TurboHome Estimated Value
$5,457,400
$4,352 sqft
High Valuation
$5,730,270
$4570/sqft
Normal Valuation
$5,457,400
$4352/sqft
Low Valuation
$5,184,530
$4134/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $4352/sqft | $5,457,400 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$4.89M
$5.50M
1595 Miramar Ln, Santa Barbara, CA 93108
Sale Price: $4,890,000
Selected Comparable
2775 Sycamore Canyon Rd, Santa Barbara, CA 93108
List Price: $5,495,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT2775 Sycamore Canyon Rd, Santa Barbara, CA 93108
List: $5,495,000
Listed: 8/6/2025
Area:1,254 sqft
Price/sqft:$4,382
Beds:4
Baths:3
Year Built:—
Lot Size:43,560
Comparable Properties
COMPARABLEChoose comps
1595 Miramar Ln, Santa Barbara, CA 93108
Sale: $4,890,000
5/22/2025 • 1.38 mi
Area:1,758 sqft
Price/sqft:$2,782
Beds:3
Baths:2
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
2775 Sycamore Canyon Rd, Santa Barbara, CA 93108 | $5,495,000 | 1,254 | $4,382 | 43,560 | — | 8/6/2025 | 4 | 3 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1595 Miramar Ln, Santa Barbara, CA 93108 | $4,890,000 | 1,758 | $2,782 | 12,632.4 | 1.38 mi | 5/22/2025 | 3 | 2 | — | 100.0% |
Nearby Listings
4 similar properties within 5 miles

List Price: $6,495,000
602 Parra Grande Ln, Santa Barbara, CA 93108
4 bd 4 ba 2,401 sqft
TurboHome Est. Value:
$6,099,200

List Price: $5,995,000
191 E Mountain Dr, Santa Barbara, CA 93108
4 bd 4 ba 3,359 sqft
TurboHome Est. Value:
$5,926,400

List Price: $4,995,000
450 El Cielito Rd, Santa Barbara, CA 93105
4 bd 4 ba 5,215 sqft
TurboHome Est. Value:
$5,289,000
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