756 Hot Springs Road, Montecito, CA 93108 $4,799,000

Status: Pending    MLS# 23-1161

4 Bedrooms    3 Full Bathrooms

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Property Description

Discover this quiet, serene retreat location in the much sought after Golden Quadrangle of Montecito. Tucked away down a private lane on over an acre, surrounded by palatial estates and impressive homes is a rare opportunity to develop a private and secluded family compound or easily remodel the existing Mid-Century home. Existing remodeled cozy guest cottage with designer finishes. The main house is ready to be reimagined! Features a 4,034+/- floorplan with generously proportioned spaces, unique entry atrium, glass walled living room, oversized kitchen, family room, office, 4 large bedrooms, 3 bathrooms and 4 car garage. Expansive lower level which could continue as a workroom or be utilized as an art studio, entertainment space, gym, wine cellar (860+/- square feet of additional space, not included in the 4,034±sf main level). All this is ready for your transformation!

Relax on the sunny south facing decks and take in the backyard - a blank canvas ready for gardens, pool and outdoor activity spaces. Your friends and family will feel right at home in the detached guest cottage with high end finishes and private patio. Also ideal for a new owner to occupy while completing their dream estate. The property offers potential for ocean views from a second story and is a must see in person.

Don't miss this opportunity to create your own magical compound in the heart of Montecito close to everything the Upper and Lower Villages has to offer!

Property Information
Property Details
MLS ID: #23-1161
Current Price: $4,799,000 
Buyer Broker Compensation: 2.5%
Status: Pending
Days on Market: 214
Address: 756 Hot Springs Road
City / Zip: Montecito, CA 93108
Area / Neighborhood: Montecito
Property Type: Residential – Home/Estate
Style: Other 
Approx. Sq. Ft.: 4,034 
Year Built: 1978 
Condition: Fair, Fixer 
Acres: 1.08 
Topography: Corner Lot, Level, Other, Rolly 
Proximity: Near Ocean, Near Park(s), Near School(s), Other 
View: Mountain(s), Setting, Wooded 
Schools
Elementary School: Mont Union
Jr. High School: S.B. Jr.
Sr. High School: S.B. Sr.
Interior Features
Bedrooms: 4
Total Bathrooms: 3
Bathrooms (Full): 3
Dining Areas: Dining Area 
Fireplaces: 2, LR, Primary Bedroom 
Flooring: Carpet 
Laundry: Common Area 
Appliances: Other 
Exterior Features
Roof: Composition, Flat 
Exterior: Wood Siding 
Foundation: Mixed, Raised 
Construction: Entry Lvl(No Stairs), Other 
Grounds: Deck, Fenced: PRT, Other, Patio Open, Wooded 
Parking: Attached, Gar #4, Interior Access, Other 
Handicap Access: Other 
Misc.
ADU: No 
Amenities: Guest House, Other 
Other buildings: Other 
Site Improvements: Other, Private 
Water / Sewer: Pvt Well In, Sewer Avail 
Zoning: R-1 
Reports Available: NHD, Prelim, TDS 
Public Listing Details: Trustee Sale 
Location

Listed with Compass

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