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195 Sheffield Drive, Montecito, CA 93108

$7.59M4bd · 5ba · 4,074 sqft
Lot 37,897 sqft•Single Family Residence•
Active
•35d on market•MLS# 00-26993843

Property Description

Hidden down a private gated drive on nearly 1 acre, this beautifully renovated Spanish-style hacienda captures the best of Montecito: timeless style, spacious interiors, and serene surroundings. Set in the sought-after Montecito Union School District, the 4 bed/4.5 bath residence offers effortless livability in a convenient location. The home's substantial renovation includes a new roof, a new kitchen, new bathrooms, and upgraded plumbing and electrical.Upon arrival, a fountain courtyard and carved wooden gate set a retreat-like tone, while white stucco walls and a classic tile roof give the exterior its unmistakable Spanish character. Inside, abundant natural light and an easy, well-considered floor plan make everyday life a delight. French doors along both the front and back of the house bring the outdoors in. Beamed cathedral ceilings lift the central living areas, and multiple fireplaces add warmth on quiet evenings. The skylit kitchen pairs generous storage and counter space with premium appliances and a walk-in pantry.The main level holds three en suite bedrooms, including a guest wing set apart from the rest of the home. Upstairs, the primary suite claims the entire second floor, with a fireplace, a Juliet balcony, dual vanities, dual walk-in closets, and a spa-inspired bath with a freestanding tub and oversized marble shower. Outside, the backyard feels like an enchanted garden: a grassy lawn framed by mature trees and hedges, gravel paths that wander around the property, and a tucked-away garden of raised beds. A patio and barbecue area are ready for entertaining, or for simply unwinding at the end of the day. From its gated front entry, to its tastefully remodeled interiors, to the serene backyard, this hidden hacienda represents an exceptional opportunity to enjoy Montecito living.

Features & Amenities

FeeBuilt 1991

Property Details

Land Type
Fee
Year Built
1991
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Radiant
Flooring
Tile, Wood
City
Montecito
Zip Code
93108
County
Santa Barbara
Listed bySotheby's International Realty, Don Johnston

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$38,404.45
Principal & Interest
Loan Amount
$6,076,000
Total Interest
$7,749,603
Total Payment Over 30 Years
$13,825,603
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 4 closed

195 Sheffield Drive, Montecito, CA 93108

Montecito · Single Family Residence

$7.59M
Luxury Tier
Beds
4
Baths
5
Sqft
4,074
Lot
37,897 sqft
Year
1991
$/Sqft
$1864
Pool: No✓
Spa: No✓

Listed 9.3% above the median closed sale of $6,946,500. Closed comps sold at 93% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 193 days on market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $7.59M· $1,864/sqft
Total list price
Closed comps
vs closed median $7.00M
+$595K (+8.5%)
Active comps
vs active median $7.50M
+$100K (+1.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,890
−$1K (−35.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
605 San Ysidro RoadSanta Barbara1920443,40545,738$1,997$6.80M3067
275 Butterfly LaneSanta Barbara1925463,88323,087$2,131$8.28M1165
540 El Bosque RoadSanta Barbara191354024,018$0$7.30M1264
768 Winding Creek LaneMontecito1976332,96349,223$2,530$7.50M9460
1508 MiramarSanta Barbara1957241,5501,742$4,900$7.59M5345
Total: 5 · Average3.64.22,950.2528,761.6$2,889.5$7.49M40
Median3,405$7.50M

Closed Properties (4)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2010 Birnam Wood DriveSanta Barbara199106/09/2026464,16621,344$7.45M$6.89M$1,6550.9310676
1399 School House RoadSanta Barbara199212/04/2025553,63740,511$6.95M$6.63M$1,8220.9515274
526 Crocker Sperry DriveMontecito198110/16/2026465,04156,628$8.50M$7.62M$1,5110.9044471
1071 Mountain DriveSanta Barbara195408/28/2026443,87657,935$7.30M$7.00M$1,8060.967151
Total: 4 · Average4.35.34,18044,104.5$7.03M$7.03M$1,698.5—193.25
Median4,166$7.00M$7.00M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.