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2825 Hidden Valley Lane, MONTECITO, CA 93108

$2,650,000
Property Type: Res Bedrooms: 1 Baths: 1 Square Footage: 860 Lot Size (sq. ft.): 48,787 Status: Closed
Current Price: $2,650,000 List Date: 12/05/2021 Last Modified: 9/13/2024

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

Supplements: 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.

More Information MLS# 21-3826

Location Info

Country: US Compass Map: Santa Barbara Map Grid: W11 Cross Street: Ladera Lane District: 10 - MONTECITO Street #: 2825 Street Name: Hidden Valley Street Suffix: Lane State: CA Postal Code: 93108 County: Santa Barbara Parcel Number: 155-100-013

Contract Info

Buyers Agent $/%: 2.5 Affordable Housing: No Current Price: $2,650,000 Price: 2999000 Begin Date: 2021-10-15 Status: Closed

Status Information

Financing: Cash Sold Date: 2022-02-17 Sold Price: $2,650,000 Under Contract Date: 2022-01-02

Property Information

Year Built: 1965 Apx Lot SqFt: 48787 Apx # Acres: 1.12 Total #Units: 0 Main House SqFt: 860 Source: Other/See Remarks Recurring Fees: No ADU: No Within City Limits: No TYP: Home/Estate Total Bedrooms: 1 Total Bathrooms: 1 Total Full Baths: 1 Total SqFt.: 860

Neighborhood/Schools

Elementary School: Summerland Junior High School: Carp. Jr. High School: Carp. Sr.

Owner Info

Deposit: 3

Remarks

COVID Showing Remarks: Masks must be worn while viewing the property. Hot Sheet Comment: price Directions: 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. Geo Lat: 34.442211 Geo Lon: -119.578666

Condition

Good: 1

Style

Mediterranean: 1 Other: 1

Construction

Other: 1 Single Story: 1

Roof

Tile: 1 Other: 1

Foundation

Slab: 1

Exterior

Stucco: 1

Parking/Garage

Other: 1 Unc #4: 1

Grounds/Landscaping

Lawn: 1 Fruit Trees: 1 Other: 1

Other Buildings

Gazebo: 1 Shed: 1 Workshop: 1 Other: 1

Patio and Porch Features

Patio Open: 1 Covered: 1

Location/Topo

Level: 1 Other: 1

Fencing

Fenced: PRT: 1

View

Mountain(s): 1 Setting: 1 Partial/Filtered: 1 Other: 1

Site Improvements

Easement: 1 Paved: 1 Underground Utilities: 1

Proximity

Near Park(s): 1 Near School(s): 1 Other: 1

Rooms

Ground Floor Bedroom: 1 Other: 1

Dining

Dining Area: 1 In Kitchen: 1

Laundry

Other: 1

Appliances Included

Dishwasher: 1 Disposal: 1 Dryer: 1 Gas Range: 1 Refrigerator: 1 Washer: 1

Fireplace(s)

LR: 1 Other: 1

Security

Other: 1

Water/Sewer

Mont Wtr: 1 Septic Tank: 1

Pets

Yes: 1

Handicapped Access

Wheelchair Access: 1

Zoning

R-1: 1

Sales Excludes

Other: 1

Terms

Cash: 1 Conventional: 1

Heating

Electric: 1 Other: 1

Flr/Wdw Coverings

Hardwood: 1

Pub Listing Details

None: 1

NeighborhoodSchools

Neighborhood: 10 - Hidden Valley

Property Features

Condition: Good Style: Mediterranean; Other Construction: Single Story; Other Roof: Tile; Other Foundation: Slab Exterior: Stucco Fencing: Fenced: PRT Patio and Porch Features: Covered; Patio Open Other Buildings: Shed; Workshop; Gazebo; Other View: Mountain(s); Setting; Partial/Filtered; Other Site Improvements: Easement; Paved; Underground Utilities Proximity: Near Park(s); Near School(s); Other Rooms: Ground Floor Bedroom; Other Dining: Dining Area; In Kitchen Laundry: Other Appliances Included: Dishwasher; Disposal; Dryer; Gas Range; Refrigerator; Washer Fireplace(s): LR; Other Security: Other Heating: Electric; Other Pets: Yes Handicapped Access: Wheelchair Access Zoning: R-1 Sales Excludes: Other Terms: Cash; Conventional Pub Listing Details: None
Listing Office: Compass
IDX
Last Updated: September - 13 - 2024
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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