Versatile Montecito Oasis

2775 Sycamore Canyon Montecito, California 93108 United States

Tucked away on a spacious and level ±1-acre parcel, this gated Montecito estate embodies the essence of a true luxury compound. The property showcases two thoughtfully designed residences — including a newly built ±1,200 sq ft ADU — set amid expansive, park-like grounds ideal for multi-generational living, hosting family & friends, or generating income opportunities. Located in the sought-after Cold Spring School District, the retreat is perfectly positioned between Montecito's upper and lower villages, just minutes from pristine beaches and scenic hiking trails. Architectural plans by A34 Studios are available, with a land-use permit already secured for future expansion of the main residence.

Inside the gated property, a spacious motor court offers ample parking and comfortable separation between the two residences. Significant infrastructure upgrades include electrical, sewer, water, and gas system improvements. The single-level main residence features vaulted ceilings, a cozy fireplace, a remodeled kitchen, two bedrooms plus a loft, and easy access to a generous entertaining deck, outdoor barbecue, & various seating areas.

Steps away, a newly built 2-bed/2-bath ADU features soaring 10-foot ceilings, open-concept living areas, and folding steel doors that invite the outdoors in. Just off the main living area, a covered patio overlooks the expansive grassy lawn and serene setting. At every turn, the home features sophisticated, top-quality finishes, energy-efficient upgrades, and custom details. A covered breezeway connects the home to an oversized garage with EV charging, private laundry, and abundant storage, completing the ADU's thoughtful layout.

Outside, endless possibilities await, whether you're entertaining, gardening, or simply looking for a serene space to relax outdoors. Amenities include a fire pit area, garden beds, grassy open areas, a putting green, and a detached flex space perfect for an office, art studio, or fitness room — all surrounded by lush landscaping, mature trees, and privacy hedges. With its flat, usable land, dual residences, and notable privacy, this property offers a rare combination of space and versatility — ready for immediate enjoyment or future expansion.