$2,650,000
$2,999,000
11.6%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
860 SqFt
SOLD DATE : 02/17/2022
Key Details
Sold Price $2,650,000
Property Type Single Family Home
Sub Type Home/Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 860 sqft
Price per Sqft $3,081
Subdivision 10 - Hidden Valley
MLS Listing ID 21-3826
Sold Date 02/17/22
Style Other,Medit
Bedrooms 1
Full Baths 1
Year Built 1965
Lot Size 1.120 Acres
Acres 1.12
Lot Dimensions 48787.0
Property Sub-Type Home/Estate
Property Description
Unique Montecito opportunity with two separately walled and gated compounds nestled in an enviable setting under mature oaks. Encompassing over an acre of flat buildable land with two building sites offering the potential for dual private estates. Both sites offer tremendous opportunities to spend afternoons gathering with friends or dining al fresco under the stars surrounded by a perfect blend of landscaped gardens, nature and peeks of the ocean beyond.
Behind stone walls, this developed site has a romantic Spanish style casita with an open floor plan kitchen/family room and fireplace. The magical setting offers indoor-outdoor living at its best with each room opening to the peaceful, park-like setting surrounded by patios, gardens and lush landscaping. The past is preserved in the original 1966 old world stone grotto which remains, giving the grounds historical charm. Overlooking the expansive entertaining patiothe grotto is an ideal location for an outdoor kitchen to host private dinners, wine tastings or just relax with friends and family. Tucked below is a whimsical playhouse, constructed from reclaimed barn wood - a perfect escape for the little one's adventures. Two new storage sheds on the other side of the property offer additional storage.
This second building site is all about opportunity, upside and vision. Completely separate from the other gated site and ready for a new home, ADU, horse facilities, pool - or whatever you can dream up. This is a vacant flat building pad behind substantial stone walls and gates. Previously approved building plans are available for a 2,500±SF home with potential for an ocean view on the second floor. Both sites have their own separate septic systems and water meters installed. Hidden Valley Lane is quiet and private while being conveniently located close to all Montecito has to offer. A must see opportunity for someone to enjoy now or take to the next level.
Location
State CA
County Santa Barbara
Community 10 - Hidden Valley
Direction 192 to Ladera Lane. From Ladera Lane, turn right on Hidden Valley Lane. Compound One is on the right side of the street and Compound Two is on the left side of the street.
Interior
Heating Electric, Other
Fireplaces Type Other, LR
Fireplace Yes
Laundry Other
Exterior
Exterior Feature Other, Patio Open, Patio Covered, Gazebo, Lawn, Fruit Trees, Fenced: PRT
Parking Features Unc #4, Other
Accessibility Wheelchair Access
Building
Lot Description Level, Other
Foundation Slab
Water Mont Wtr
Architectural Style Other, Medit
New Construction No
Others
Tax ID 155-100-013
Security Features Other
Acceptable Financing Cash, Ctnl
Listing Terms Cash, Ctnl
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