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615 Hot Springs Rd, Santa Barbara, CA 93108

Sale Price: $10,650,000
Sep 24, 20246,552 sqft6 beds7 baths
Listed by: Emily Gaul
License #: 02117773
Phone #: 949-697-6720
Christie's International Real Estate SoCal
Source:
CRMLS Logo
MLS #: 24444199

Property Description

Elegant, high-level design meets Hacienda style living in this newly renovated and expanded, one-story Spanish masterpiece in the heart of Montecito's Golden Quadrangle. Privately set behind double gates, an olive tree-lined entryway and long gravel driveway lead you to over an acre of lush grounds and your Mediterranean retreat. Step into a completely reimagined villa, where the preservation of traditional elements, and enhancement of key features through natural materials, an earthy palette, and intricate detailing, provide a beautifully decorated yet functional residence. Enter the sun-drenched foyer, to open living spaces with clean lines and modern aesthetics. The living room reveals high ceilings with wood beams and an adjacent, dark lime-washed bar nook. Curved archways lead you to your dining area and expansive chef's kitchen, with top-of-the-line appliances. A private and luxurious primary suite awaits at the end of the South wing of the estate. The guest bedrooms, all with ensuite bathrooms, line the brightly lit, glass enclosed gallery across the courtyard. In total, five bedrooms and five and half bathrooms make up the main home. In addition, a one-bedroom, one-bath full-size ADU with a kitchen and living room, serves as guest quarters or multi-use family living. All rooms access the outdoor entertaining spaces and the massive resort-style pool poses as the centerpiece of the yard. An al fresco dining pavilion and cabana, both with cozy fireplaces, provide the perfect setting for memorable gatherings large and small with a backdrop of the majestic Santa Ynez mountains. The property features several exotic fruit trees, and plenty of room to create additional living or recreational spaces. A rare opportunity to acquire a meticulously crafted, indoor-outdoor estate, on one of the most coveted streets in the esteemed Montecito Union School District. Enjoy nearby landmarks including the San Ysidro Ranch, Hot Springs hiking trails, and the dining and shopping of the upper and lower villages. A true gem in the epicenter of Montecito.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

TurboHome Savings

$152,964

TurboHome Estimated Value

$10,998,800

$1,679 sqft

High Valuation
$11,548,740
$1763/sqft
Normal Valuation
$10,998,800
$1679/sqft
Low Valuation
$10,448,860
$1595/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1679/sqft$10,998,800

Neighborhood

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Comparative Value

$10.25M

$10.65M

$11.80M

1682 E Valley Rd, Santa Barbara, CA 93108

Sale Price: $10,250,000

Selected Comparable

615 Hot Springs Rd, Santa Barbara, CA 93108

Sale Price: $10,650,000

Selected Comparable

615 Hot Springs Rd, Santa Barbara, CA 93108

List Price: $11,800,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
615 Hot Springs Rd, Santa Barbara, CA 93108

615 Hot Springs Rd, Santa Barbara, CA 93108

List: $11,800,000

Listed: 9/24/2024

Area:6,552 sqft
Price/sqft:$1,801
Beds:6
Baths:7
Year Built:
Lot Size:47,480

Comparable Properties

COMPARABLE
Choose comps
615 Hot Springs Rd, Santa Barbara, CA 93108

615 Hot Springs Rd, Santa Barbara, CA 93108

Sale: $10,650,000

11/7/20240.00 mi

Area:6,552 sqft
Price/sqft:$1,625
Beds:6
Baths:7
Year Built:
Weight:55.7%
1682 E Valley Rd, Santa Barbara, CA 93108

1682 E Valley Rd, Santa Barbara, CA 93108

Sale: $10,250,000

6/27/20251.15 mi

Area:6,781 sqft
Price/sqft:$1,512
Beds:7
Baths:7
Year Built:
Weight:44.3%

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