126 Loureyro Road Cottages, MONTECITO, CA 93108 (MLS# 23-3242)

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126 Loureyro Road Cottages, MONTECITO, CA 93108

$4,000,000

Property Type: Res Bedrooms: 6 Baths: 5 Square Footage: 3,262 Lot Size (sq. ft.): 15,246 Status: Closed

Current Price: $4,000,000 List Date: 10/27/2023 Last Modified: 9/14/2024

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# 23-3242

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
Affordable Housing: No
Begin Date: 2023-10-27

Status Information

Sold Date: 2024-04-24
Under Contract Date: 2024-03-25

Property Information

TYP: Home/Estate
Total Bedrooms: 6
Total Bathrooms: 5
Total Full Baths: 5
Year Built: 1920
Source: Other/See Remarks
Main House SqFt: 3262
Apx # Acres: 0.35
ADU: No
Within City Limits: No
Total # Units in Development: 5
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

Neighborhood/Schools

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

Condition

Excellent: Yes

Style

Cal. Cottage: Yes

Roof

Composition: Yes

Grounds/Landscaping

SPA-Outside: Yes
Fruit Trees: Yes

Patio and Porch Features

Patio Open: Yes

Location/Topo

Level: Yes

View

Setting: Yes

Proximity

Near Ocean: Yes
Near School(s): Yes
Near Shopping: Yes
Near Restaurants: Yes

Laundry

Laundry Room: Yes

Fireplace(s)

2+: Yes

Water/Sewer

Mont Wtr: Yes

Occupancy

Occ Tenant OK: Yes

Zoning

Other: Yes

Terms

Cash: Yes
Conventional: Yes

Flr/Wdw Coverings

Tile: Yes
Other: Yes

Property Features

Condition: Excellent Style: Cal. Cottage Roof: Composition Patio and Porch Features: Patio Open View: Setting Proximity: Near Ocean; Near Restaurants; Near School(s); Near Shopping Laundry: Laundry Room Fireplace(s): 2+ Occupancy: Occ Tenant OK Zoning: Other Terms: Cash; Conventional

Listing Office: Berkshire Hathaway HomeServices California Properties

Last Updated: September - 14 - 2024

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