Supplements: Serving as a true sanctuary, the primary suite features two walk-in closets and an ensuite bathroom with a spacious soaking tub. An additional full bathroom conveniently serves the second bedroom. Enhancing the indoor-outdoor connection, a deck extends off both the primary bedroom and the shared family space. The lower level includes a private exterior entry and functions as a self-contained third bedroom suite, complete with an ensuite half bath and separate shower. This adaptable wing easily operates as a guest retreat, home office, or private gym--providing an ideal setup for quiet reflection, work-from-home needs, or creative pursuits. Outside, the serene grounds feature mountain views, a winding nature trail, mature fruit trees, a seasonal creek, and private viewing decks off-of all three levels. Full of timeless character and framed by natural beauty, this home presents a rare value-add opportunity in a premier location. Brimming with upside potential, this residence is ready for its next owner to breathe new life into the space, customize the finishes, and unlock its full Montecito potential--all just moments from the vibrant Upper and Lower Villages and located within the top-rated Cold Spring School District.