Montecito Real Estate: Majestic 1890 Estate Grounds

 

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Majestic 1890 Estate Grounds
Montecito, California
$18,000,000

Location

Striking beauty and absolute, gated privacy on 33 park-like acres of lawns, majestic oaks, palms and sycamores with Cold Spring Creek meandering through it. An historic stone gatehouse entrance and tree-lined drive leads you to six legal parcels each include water service from either private wells or Montecito Water District meters – an extraordinary opportunity for one private estate or several development candidates adjacent to your own major estate. A large, four-bedroom, five-bath Cliff May designed main home sits on the 16-acre parceland would bear virtually no negative impact from the development of the other five parcels.

Solar heat generating paved circular motor court with 4 large garages at the main home plus 5 additional garages on the estate. The property also includes a complete electrical generating system for self-sufficient operation of the entire property. An unusual opportunity in this exclusive community where just raw land usually sells for over $1 million per acre.




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Harry Kolb

 

Sotheby’s International Realty®
1106 Coast Village Road, Suite D
Montecito, CA 93108
Telephone: 805.565.8633 or 805.969.0248

E-mail: Harry Kolb

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