Landmark 5,460 sq.ft. Tudor Estate and Gated Family Compound in Santa Barbara's premier Butterfly Beach Neighborhood.
Filled with old world charm and custom details throughout. 6 Bedrooms, 5.5 Baths in the main home. Two of the Bedrooms are very large master suites with fireplaces, etc. One master suite is on the ground floor and the second master suite is on the second floor. The ground floor master suite also makes an elegant office with built bookcases, a fireplace and views of the patio and pool.
There is in addition a 1 bedroom and 1 bath Guest House with a full kitchen, living room, dining room and private sun deck overlooking patio, pool and spa.
There is a Great Room / Atrium with an 18ft. ceiling, 4 large skylights and second floor balconies that over look it. The Great Room opens through 8 foot tall French doors to the large brick and pebblestone garden patio w/ black-bottom Pool & spa.
The home has beautiful beveled-glass windows & French doors throughout.
There is a 250 foot long circular pebblestone motor court, accessed through two electric automobile gates that open to Olive Mill Road and Spring Road & professionally landscaped grounds.
Just steps to the sands of Butterfly Beach “5 Star” Biltmore Four Seasons Hotel, Coral Casino Beach Club & Coast Village Road dining & shops.
The corner lot is 16,630 ft. by parcel map and Zoned 7R2. This means that if someone so desired they could potentially build four+ luxury town homes on the property that should sell for in the range of $2,000,000+ each and therefore the underlying intrinsic value of property far exceeds residential value that it is being offered at. The average closing sell price for homes in Montecito in the last six months of 2005 is $1,000 per square foot of home, Town homes and condominiums are much smaller and on average sell for more per square foot.
Mapquest Map of lot : www.mapquest.com.
Video tour of home available : View Video
Windows Media Video 9 format, size 25.2 MB











