120 Montecito Ranch Ln, Summerland, CA 93067
FOR SALE19.78 ACRES

120 Montecito Ranch Ln
Summerland, CA 93067

  • 12 Beds
  • 25 Baths
  • 27,000 sqft (on 19.78 acres)
  • 12 Beds
  • 25 Baths
  • 27,000 sqft (on 19.78 acres)

$70,000,000

Est. Mortgage $436,944/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Welcome to The Bella Vista Estate, a world renowned and truly exceptional private equestrian property spanning over 20 acres adjacent to coveted Montecito, CA. Boasting approximately 27,000 square feet of luxurious living space, this estate combines the grandeur of Neoclassical architecture inspired by the elegance of Italian and French 18th century Villa designs. With 12 bedrooms, 25 bathrooms, and an array of interior volume including a grand 34-foot-high formal marble entry framing explosive views of the Pacific Ocean and the Santa Ynez Mountains. This masterpiece includes large-scale living and dining rooms, a gourmet kitchen, breakfast room, family room, office/library, and a 5,000-bottle wine cellar with an adjacent tasting room. Every aspect of functionality and purpose has been meticulously considered while remaining consistent with its geographic setting. Entertainment options are abundant and include amenities such as a 20-seat movie theater, a gym, spa, beauty salon, sports bar, and disco/ballroom accommodating up to 200 guests as well as an Olympic length infinity swimming pool. A separate guest wing and two additional 2 + 1.5 guest houses ensuring ample accommodations for generational holidays. The entire estate possesses a breathtaking setting that's just steps away from the sparkling Pacific coastline and the stunning Santa Ynez Mountain Range. The property also features a regulation size polo field (approximately 10 acres) with an adjacent polo clubhouse and lounge, a pool house, helicopter hangar (w/ two studio lofts + 2 staff kitchens), and a 32-car auto gallery. Majestic grounds include exquisitely landscaped gardens with streams, ponds, and waterfall, a 330-yard driving range, a putting green and sand trap with swing analytics equipment. In addition, historic Monarch Butterfly habitats gently hug two of the estates patio areas. Unparalleled craftsmanship, the finest finishes, and an array of amenities converge to create one of the world's most remarkable private estates.

Home Highlights

Parking
Garage
Outdoor
Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
$2,593
Listed
63 days ago

Home Details for 120 Montecito Ranch Ln

Interior Features

Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 25Number of Bathrooms (full): 15Number of Bathrooms (half): 10
Dimensions and Layout
Living Area: 27000 Square Feet
Appliances & Utilities
Appliances: Dryer, Refrigerator, Range/Oven, Washer, DishwasherDishwasherDryerLaundry: Laundry Area,InsideRefrigeratorWasher
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Air Conditioning,Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: OtherSpa: Private, In GroundHas a FireplaceHas a Spa
Windows, Doors, Floors & Walls
Flooring: Mixed
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Mixed
View
Has a ViewView: Coastline, Water, Ocean, Panoramic, Hills, Mountain(s), Trees/Woods
Security
Security: Alarm System

Exterior Features

Exterior Home Features
Other Structures: Guest House, Stall(s), Other, Barn/Stable
Parking & Garage
No CarportHas a GarageNo Attached GarageHas Open ParkingParking: Garage - 4+ Car,Driveway Gate,Driveway,Other
Pool
Pool: In GroundPool

Days on Market

Days on Market: 63

Property Information

Year Built
Year Built: 2005
Property Type / Style
Property Type: ResidentialProperty Subtype: ResidentialStructure Type: DetachedArchitecture: Mediterranean
Building
Not Attached Property

Price & Status

Price
List Price: $70,000,000Price Per Sqft: $2,593

Active Status

MLS Status: Active

Location

Direction & Address
City: Summerland

Agent Information

Listing Agent
Listing ID: 24-356083

Building

Building Area
Building Area: 27000 Square Feet

HOA

No HOA

Lot Information

Lot Area: 19.78 Acres

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 24-356083Water ViewWater View: Coastline, Water, Ocean
Last check for updates: about 15 hours ago
Listing courtesy of Aaron Kirman DRE # 01296524, (310) 994-9512
Christie's AKG, (424) 249-7162
Timothy Di Prizito DRE # 01433017, (310) 266-2777
Christie's AKG, (424) 249-7162
Source: CLAW, MLS#24-356083

Price History for 120 Montecito Ranch Ln

DatePriceEventSource
02/27/2024$70,000,000Listed For SaleCLAW #24-356083
01/01/2024ListingRemovedSBMLS #23-587
03/07/2023$70,000,000Listed For SaleSBMLS #23-587
02/16/2023ListingRemovedNest Seekers International
06/03/2022$55,000,000Listed For SaleNest Seekers International #1099490
01/01/2021$65,000,000ListingRemovedAgent Provided
10/22/2020$65,000,000PriceChange
Agent Provided
01/29/2020$55,000,000PriceChange
Agent Provided
04/25/2019$65,000,000Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2023
Tax$362,275
Assessment$33,665,395
Home facts updated by county records

Comparable Sales for 120 Montecito Ranch Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.19
Single-Family Home
$13,000,000
11/30/23
4
5
-
0.51
Single-Family Home
$7,995,000
09/01/23
5
5
6,294
0.99
Single-Family Home
$20,350,000
10/06/23
5
7
7,112
0.36
Single-Family Home
$4,600,000
09/26/23
4
4
3,250
0.34
Single-Family Home
$3,500,000
05/16/23
3
2
2,595
0.88
Single-Family Home
$8,950,000
06/07/23
4
4
6,312
0.54
Single-Family Home
$3,050,000
09/06/23
4
3
-
1.21
Single-Family Home
$14,100,000
10/04/23
4
6
7,926
0.55
Single-Family Home
$3,700,000
01/31/24
3
3
-

LGBTQ Local Legal Protections

Aaron Kirman, Christie's AKG
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
120 Montecito Ranch Ln, Summerland, CA 93067 is a 12 bedroom, 25 bathroom, 27,000 sqft single-family home built in 2005. This property is currently available for sale and was listed by CLAW on Feb 27, 2024. The MLS # for this home is MLS# 24-356083.