Front Exterior & Ocean View
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1140 East Mountain Drive, Montecito, CA 93108

$19.50M5bd · 7ba · 9,711 sqft
Lot 244,372 sqft•Single Family Residence•
Active
•46d on market•MLS# 00-26892559

Property Description

From its gated hillside location on nearly six acres, this distinguished estate showcases dramatic, sweeping views of the Pacific Ocean and Channel Islands, offering an alluring convergence of serenity, seclusion, and exceptional craftsmanship. Originally designed by architect Don Nulty and substantially renovated by its current owners, the 9,700+ square-foot residence is beautifully appointed for both quiet respite and effortless entertaining. Throughout the property, desirable amenities abound, including a stunning infinity-edge pool, meticulously tended grounds, and a private shared well that sustains the estate's lush landscaping.An olive-lined drive winds along the hillside, gracefully introducing the motor court and stately front entrance. The home's thoughtful floor plan operates comfortably on a single level, flowing naturally between grand entertaining spaces and intimate retreats, while offering generous accommodations for family and guests on the upper and lower levels. Inside the front doors, arched openings frame the foyer and draw the eye immediately toward the ocean beyond. The living room is both impressive and inviting, anchored by an oversized marble fireplace. An adjacent formal dining room features sculptural pendant lighting and direct access to the south-facing terrace. The spacious kitchen offers striking design, custom cabinetry and abundant countertop space, high-end built-in appliances, and herringbone oak floors, with an adjoining breakfast area opening to an ocean-view patio. A cozy media room and a moody library with floor-to-ceiling built-ins and a fireplace offer more intimate spaces, while an office, a spacious laundry room, and an attached three-car garage complete the main level.Situated in its own wing of the home, the primary suite features dual en suite bathrooms of exceptional finish, dual custom walk-in closets, and views of the ocean and mountains. Two additional en suite bedrooms occupy the lower level, while an upper guest wing offers its own sitting room, ocean-view terrace, and en suite bath -- ideal for family or guests seeking their own retreat.Outside, a south-facing terrace and loggia surround a spectacular ocean-view infinity-edge pool. Multiple seating areas and an outdoor fireplace invite year-round enjoyment of the dramatic views extending to the Channel Islands and beyond. Below the pool and terraces, the expansive grounds unfold across the hillside in carefully tended gardens of roses, lavender, native plantings, fruit trees, terraced seating areas, and winding gravel paths -- all sustained by a shared private well.Located within a gated enclave of just three estates and yet just moments from Montecito's Upper Village, 1140 East Mountain Drive is a rare and irreplaceable offering above one of California's most beloved coastal communities.

Features & Amenities

FeeBuilt 2002

Property Details

Land Type
Fee
Year Built
2002
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central, Forced Air
Cooling
Central Air
View
Coastline, Hills, Mountain(s), Ocean, Panoramic
Flooring
Tile, Wood
Roof
Slate, Stone
City
Montecito
Zip Code
93108
County
Santa Barbara
Listed bySotheby's International Realty, Don Johnston

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$98,577.33
Principal & Interest
Loan Amount
$15,596,000
Total Interest
$19,891,838
Total Payment Over 30 Years
$35,487,838
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 1 active · 0 closed

1140 East Mountain Drive, Montecito, CA 93108

Montecito · Single Family Residence

$19.50M
Luxury Tier
Beds
5
Baths
7
Sqft
9,711
Lot
5.61 ac
Year
2002
$/Sqft
$2008
Pool: Yes✓
Spa: Yes✓
View: city✓

Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $19.50M· $2,008/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $33.50M
−$14.01M (−41.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $3,261
−$1K (−38.4%)

Active Properties (1)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1437 Jameson LaneMontecito20256910,274142,441$3,261$33.50M31477
Total: 1 · Average6.09.010,274142,441$3,261$33.50M314
Median10,274$33.50M
AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.