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242 Ortega Ridge Road, MONTECITO, CA 93108

$3,495,000
Property Type: Res Bedrooms: 3 Baths: 3 Square Footage: 2,911 Lot Size (sq. ft.): 43,560 Status: Closed
Current Price: $3,495,000 List Date: 9/14/2023 Last Modified: 5/01/2024

Description

On an acre of park-like land, minutes to the beach with phenomenal 360° ocean and mountain views in the coveted 93108, this unique neo-classical home offers a charming and multi-functional design layout. Originally part of the famed Conklin Estate, situated between the ocean and Santa Ynez Mountains, this property showcases sprawling grounds of endless potential. Complete with dual living spaces upstairs and downstairs, each with its own fireplaces, kitchens, breakfast nooks, living rooms, and bedrooms. The upper primary suite includes a glorious morning room, with views of the grounds, ocean and coastline. Downstairs could double as a fully equipped separate living quarters, with a bedroom, full bath, living room, kitchenette, and separate entrance. An additional bonus room on the

Supplements: lower floor is perfect for a private home office or gym. Several patios and terraces cover the expansive lot with ample space to add an ADU (architectural plans included) with room for a pool, pool cabana, tennis/pickleball, or sports court. Located minutes away from Montecito's Upper & Lower villages, Butterfly Beach, Summerland Beach, Miramar Rosewood, Downtown Santa Barbara and so much more. If you're looking for a vacation property fit for the family and entertaining or stay-over guests, this is your chance to own one of the most affordable properties (with one acre and ocean views) on the market today. Action priced, in a very popular neighborhood, nestled among $10-$20 million dollar estates and ranches. Extremely close to hiking and horse trails, shopping, beaches, and all that the Montecito community has to offer.

More Information MLS# 23-2758

Location Info

District: 10 - MONTECITO Street #: 242 Street Name: Ortega Ridge Street Suffix: Road State/Province: CA Postal Code: 93108 Compass Map: Santa Barbara Map Grid: U12 County: Santa Barbara Parcel Number: 005-110-005 Cross Street: Ortega Hill Road

Contract Info

Current Price: $3,495,000 Price: 3495000 Buyers Agent $/%: 2.5 Affordable Housing: No Begin Date: 2023-09-14 Status: Closed

Status Information

Financing: Cash Sold Date: 2023-10-04 Sold Price: $3,495,000 Under Contract Date: 2023-09-22

Property Information

TYP: Home/Estate Total Bedrooms: 3 Total Bathrooms: 3 Total Full Baths: 3 Year Built: 1921 Total SqFt.: 2911 Source: Public Records Main House SqFt: 2911 Apx # Acres: 1 Apx Lot SqFt: 43560 ADU: No Within City Limits: No Total #Units: 1 Recurring Fees: No

Neighborhood/Schools

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

Remarks

Hot Sheet Comment: new Geo Lat: 34.425173 Geo Lon: -119.60582

Owner Info

Deposit: 3

Property Features

Construction: Two Story Roof: Flat Foundation: Raised Exterior: Stucco Grounds/Landscaping: Patio Open; Patio Covered; Gazebo; Lawn; Fenced: BCK View: Ocean; Mountain(s); Coastline Location/Topo: Level; Rolly Proximity: Near Hospital; Near Ocean; Near Park(s); Near School(s); Near Shopping; Restaurants Rooms: Den; Exercise Room; Family Room; Game Room; Great Room; Lbry/Study; Office; Primary Bedroom Dining: Breakfast Area; Dining Area Laundry: Laundry Room Amenities: Remodeled Bath; Second Residence Fireplace(s): Family Room; LR; Other Flr/Wdw Coverings: Carpet; Carpet; Hardwood; Tile Cooling: Central Air Zoning: Other Terms: Cash
Listing Office: AKGRE Inc
Last Updated: May - 01 - 2024
242 Ortega Ridge Road, MONTECITO, CA 93108- MLS# 23-2758
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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