126 Loureyro Road Cottages, MONTECITO, CA 93108 (MLS# 23-3241)

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126 Loureyro Road Cottages, MONTECITO, CA 93108

$4,000,000

Property Type: Res Inc Square Footage: 3,262 Lot Size (sq. ft.): 15,246 Status: Closed

Current Price: $4,000,000 List Date: 10/27/2023 Last Modified: 9/15/2024

Overview

Description

Multiple rental units, overflowing w vintage charm, this Montecito property combines style & versatility in an ideal coastal location. Echoing the San Ysidro Ranch, the board & batten cluster of cottages was recently remodeled & is currently used as a short-term rental w great income & also offers an ideal setting for a family compound. Located in the Coastal Zone, the fully-fenced & gated property is permitted as a Single-Family Residence w a GH&ADU & includes one 2-bd cottage, one 1-bd cottage & 3 studio spaces w kitchens. Renovated w updated bathrooms, kitchens & landscaping, all just moments to the Beach & Lower Village. Stylish, light-filled spaces punctuated by gravel paths, hot tubs & sunny courtyards, Fern Grove is a timeless & inviting Montecito destination.

Listing Details MLS# 23-3241

Location Info

District: 10 - MONTECITO
Street #: 126
Street Name: Loureyro Road Cottages
State: CA
Country: US
Postal Code: 93108
Compass Map: Santa Barbara
Map Grid: U12
County: Santa Barbara
Parcel Number: 007-350-011
Cross Street: Jameson

Contract Info

Price: 4995000
Buyers Agent $/%: 2.5
Begin Date: 2023-10-27

Status Information

Sold Date: 2024-04-23
Under Contract Date: 2024-03-25

Property Information

Number of Units: 5
Year Built: 1920
Main House SqFt: 3262
Apx # Acres: 0.35
Recurring Fees: No

Remarks

COVID Showing Remarks: (cont. private remarks) Broker/Agent does not guarantee the accuracy of square footage, lot size, permit info, descriptions or other info re: conditions/features of property. Buyer is advised to verify the accuracy of all info thru inspections and consultations w/ professionals.
Hot Sheet Comment: new

Owner Info

Deposit: 3

More Information

Miscellaneous

# Refrigerators: 5
# Stoves: 5

Unit 1

# Units: 5
# Bedrooms: 6
# Baths: 5
Furnished: N
Rent: 700
# Half Baths: 0
Monthly Total: 0

Neighborhood/Schools

Elementary School: Mont Union
Junior High School: S.B. Jr.
High School: S.B. Sr.

Condition

Excellent: Yes

Laundry

Laundry Room: Yes

Amenities

Spa: Yes

Income/Expenses

Estimated: Yes

Zoning

Other: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Parking Info

Outside: Yes

Property Features

Condition: Excellent Parking Info: Outside Laundry: Laundry Room Amenities: Spa Zoning: Other Terms: Cash; Conventional Listing Type: ER

Listing Office: Berkshire Hathaway HomeServices California Properties

Last Updated: September - 15 - 2024

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