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
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.
More Information MLS# 23-3241
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: U12
Cross Street: Jameson
District: 10 - MONTECITO
Street #: 126
Street Name: Loureyro Road Cottages
State: CA
Postal Code: 93108
County: Santa Barbara
Parcel Number: 007-350-011
Contract Info
Buyers Agent $/%: 2.5
Current Price: $4,000,000
Price: 4995000
Begin Date: 2023-10-27
Status: Closed
Property Information
Year Built: 1920
Apx # Acres: 0.35
Main House SqFt: 3262
Recurring Fees: No
Number of Units: 5
Neighborhood/Schools
Elementary School: Mont Union
Junior High School: S.B. Jr.
High School: S.B. Sr.
Owner Info
Deposit: 3
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
Condition
Excellent: 1
Miscellaneous
# Refrigerators: 5
# Stoves: 5
Laundry
Laundry Room: 1
Amenities
Spa: 1
Unit 1
# Units: 5
# Bedrooms: 6
# Baths: 5
# Half Baths: 0
Furnished: N
Rent: 700
Monthly Total: 0
Income/Expenses
Estimated: 1
Zoning
Other: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Parking Info
Outside: 1
Status Information
Sold Date: 2024-04-23
Sold Price: $4,000,000
Under Contract Date: 2024-03-25
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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