Scott Williams Fine Homes

← Back to search

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: 4/24/2024

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.

More Information MLS# 23-3242

Location Info

District: 10 - MONTECITO Street #: 126 Street Name: Loureyro Road Cottages State/Province: CA Postal Code: 93108 Compass Map: Santa Barbara Map Grid: U12 County: Santa Barbara Parcel Number: 007-350-011 Cross Street: Jameson

Contract Info

Current Price: $4,000,000 Price: 4995000 Buyers Agent $/%: 2.5 Affordable Housing: No Begin Date: 2023-10-27 Status: Closed

Status Information

Sold Date: 2024-04-24 Sold Price: $4,000,000 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: 5 Recurring Fees: No

Neighborhood/Schools

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

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 Geo Lat: 34.422204 Geo Lon: -119.615499

Owner Info

Deposit: 3

Property Features

Condition: Excellent Style: Cal. Cottage Roof: Composition Grounds/Landscaping: Patio Open; SPA-Outside; Fruit Trees View: Setting Location/Topo: Level Proximity: Near Ocean; Near School(s); Near Shopping; Restaurants Laundry: Laundry Room Fireplace(s): 2+ Flr/Wdw Coverings: Other; Tile Water/Sewer: Mont Wtr Occupancy: Occ Tenant OK Zoning: Other Terms: Cash; Ctnl
Listing Office: Berkshire Hathaway HomeServices California Properties
Last Updated: April - 24 - 2024
126 Loureyro Road Cottages, MONTECITO, CA 93108- MLS# 23-3242
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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.