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320 Ortega Ridge Road, Santa Barbara, CA 93108

$10.75M3bd · 4ba · 4,112 sqft
Lot 121,097 sqft•Single Family Residence•
Active
•115d on market•MLS# 00-26857987

Property Description

Set atop a hidden knoll, this sprawling, single level ranch home embodies the effortless elegance of Montecito living. Framed by breathtaking ocean, island, and mountain vistas, the property offers a rare combination of comfort, serenity, and convenience just moments from Montecito and Summerland's celebrated shops, restaurants, and beaches. Thoughtfully refreshed and updated over the past several years, the Ketzel and Goodman-designed residence embraces a timeless California aesthetic, where vaulted ceilings, generous living spaces, and an open, flowing floor plan create an atmosphere that is both sophisticated and welcoming. Designed for seamless indoor-outdoor living, every principal room connects to the surrounding landscape and captures the beauty of its extraordinary setting. The heart of the home is a chef's kitchen with a sunny breakfast nook, complemented by formal and informal gathering spaces including a grand living room, a warm and inviting family room, and a richly paneled library or office.. Three bedrooms and 3 baths (plus powder room) provide comfortable accommodations, including two en-suite retreats. Expansive, manicured lawns unfold toward sweeping ocean and Channel Islands views, creating an idyllic setting for entertaining, recreation, or quiet moments beneath the coastal sky. Covered patios, mature landscaping, fruit and vegetable gardens, and a curated mix of xeriscape and lush local plantings further enhance the sense of peace and privacy. There is also immediate access to the famed Montecito dedicated trail system for hiking and horseback riding. Offering the ease of single-level living, timeless ranch-style architecture, and an unparalleled connection to nature, this is a rare Montecito sanctuary that feels worlds away, yet remains just minutes from the Upper and Lower Villages, Summerland, and some of the area's most beloved beaches and dining destinations.

Features & Amenities

FeeBuilt 1999

Property Details

Land Type
Fee
Year Built
1999
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
View
Canyon, Catalina, Coastline, Mountain(s), Ocean
City
Santa Barbara
Zip Code
93108
County
Santa Barbara
Listed bySotheby's International Realty, Sandy Stahl

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$54,357.85
Principal & Interest
Loan Amount
$8,600,000
Total Interest
$10,968,826
Total Payment Over 30 Years
$19,568,826
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 · 5 closed

320 Ortega Ridge Road, Santa Barbara, CA 93108

Santa Barbara · Single Family Residence

$10.75M
Luxury Tier
Beds
3
Baths
4
Sqft
4,112
Lot
2.78 ac
Year
1999
$/Sqft
$2614
Pool: No✓
Spa: No✓
View: mountain✓

Listed in line with the median closed sale of $10,700,000. Price per sqft ($2,614) is a 19% premium to closed comps ($2,192). Closed comps sold at 95% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $10.75M· $2,614/sqft
Total list price
Closed comps
vs closed median $10.70M
+$50K (+0.5%)
Active comps
vs active median $10.88M
−$125K (−1.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $2,530
+$84 (+3.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
663 Lilac DriveSanta Barbara1940594,38888,862$2,393$10.50M11869
11 Hunt DriveSummerland1992344,157219,107$2,885$11.99M3161
610 Olive RoadSanta Barbara1964543,61135,719$3,012$10.88M7955
204 Olive Mill RoadMontecito2026564,99848,000$2,351$11.75M6153
549 HOT SPRINGS RoadSanta Barbara1925774,97543,560$2,009$9.99M16446
Total: 5 · Average5.06.04,425.887,049.6$2,530$11.02M90.6
Median4,388$10.88M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
2076 China Flat RoadSanta Barbara198106/26/2026354,06243,560$11.85M$10.70M$2,6340.907862
1574 Green LaneMontecito192605/12/2026775,55656,628$11.25M$11.45M$2,0611.022954
2820 Torito RoadSanta Barbara201204/22/2026467,00671,438$11.75M$10.10M$1,4420.863653
1623 Posilipo LaneSanta Barbara193211/07/20253308,276$12.50M$11.95M$00.967651
965 Park LaneSanta Barbara198907/20/2026444,051224,770$10.70M$10.66M$2,6331.002849
Total: 5 · Average4.25.05,168.7580,934.4$10.97M$10.97M$2,192.5—49.4
Median5,556$10.70M$10.70M

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.