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Coastal Zone Compound with Exceptional Rental Income • Built in 1920  

Remodel Complete in 2022 by Xorin Balbes of XORIN HOMES

Lot Size: 0.35 Acres

Total Square Footage: +/- 3,262 (Source: Measured)

Fern Grove Cottage: 2 Bedroom/ 1 Bathroom

Rose Cottage: 1 Bedroom/ 1 Bathroom 

Orchard Cottage, Lemon Grove Cottage & Garden Cottage: Studios Each with a Kitchen & 1 Bathroom 

Located in the Coastal Zone • Private Patios and Chic Landscaping

Offered at $4,995,000

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Five rental units overflowing with vintage charm, this Montecito property combines style and versatility in an ideal coastal location.

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Echoing the San Ysidro Ranch, the board and batten cluster of cottages was recently remodeled and is currently used as multiple short-term rentals with great income and also offers an ideal setting for a family compound.

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Located in the Coastal Zone, the fully-fenced and gated property is permitted as a Single-Family Residence with a guest house and ADU and includes one 2-bedroom cottage, one 1-bedroom cottage and 3 studio spaces with kitchens. 

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Renovated with updated bathrooms, kitchens and landscaping, all just moments to the Beach and Lower Village.

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Enjoy stylish, light-filled spaces punctuated by gravel paths, hot tubs and sunny courtyards.

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A timeless and inviting Montecito destination.

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PROPERTY DETAILS

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Year Built 

  1920

 

REMODEL COMPLETED

  2022

 

Lot size 

  0.35 Acres

 

Bed/Bath

 Fern Grove Cottage: 2 Bedroom/ 1 Bathroom

  Rose Cottage: 1 Bedroom/ 1 Bathroom

  Lemon Grove Cottage: Studio/ 1 Bathroom

  Garden Cottage: Studio/ 1 Bathroom

  Orchard Cottage: Studio/ 1 Bathroom

 

SQUARE FOOTAGE

  3,262 Total +/- Sq. Ft. (Source: Measured)

 

APN

  007-350-011

 

School District 

  Montecito Union Elementary School

  Santa Barbara Jr. High School        

  Santa Barbara High School

REMODEL DESIGNER

  Xorin Balbes

 

WATER

  Montecito Water District

 

LOCATION

  Located within the Coastal Zone

  Convenient to beaches, Montecito’s Lower Village            and the Rosewood Miramar Beach Resort  

REMODEL

Renovated Bathrooms  

Updated Kitchens  

Manicured Landscaping  

Roof

  New Composition Shingle  

EXTERIOR

  Board and Batten Siding  

SECURITY

 Gated Property  

FIREPLACE

  2 Interior  

  

AMBIANCE

  San Ysidro Ranch Style  

  Indoor/Outdoor Living  

  Updated Spaces with Garden Views  

EXTERIOR HIGHLIGHTS​

  Sunny Courtyards  

  Gravel Paths  

  Hot Tubs 

Private Patios and Gardens 

LANDSCAPE

  Mature Fruit Trees 

  Specimen Plantings 

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MAP

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