Enchanting ultra-private estate located in the heart of Montecito in the highly sought-after Cold Spring School District. Enter the gated 1+/- acre property, and you will find not only one, but two inviting homes providing a modern compound on the manicured park-like grounds designed for entertaining and serenity. The charming single-level main house with a new roof includes 2 bedrooms + loft and 1 bathroom, a remodeled kitchen with Bosch appliances, vaulted ceilings, and a cozy living area with a fireplace. The home overlooks the sprawling parcel, complete with multiple outdoor seating areas, including a large entertainment patio with a built-in BBQ, outdoor fire pit, planter beds ready for full bloom, putting green, generous motor court, and additional structure perfect for a flex .. space for an office, art studio, or exercise room. Elevating the property even further, the grounds are complete with a brand new 2 bedroom, 2 bathroom home (ADU) finalized in 2024 with 10 foot high ceilings, a gourmet kitchen complete with a Wolf stove and Miele appliances, HALO water filtration system, A/C, custom made white oak cabinets, and open-plan living room with an electric fireplace and bifold Euroline steel doors designed for seamless indoor/outdoor living leading out to the covered patio. The home features spacious bedrooms, spa-like bathrooms, and large closets with custom built-ins. No detail was missed with solar panels on the roof and an expansive detached +/- 750 sq. ft. 2.5-car garage with a 60 amp receptacle for a car charger and private laundry area. The ADU was built with a vision for multigenerational living, and while both homes are move-in ready, there is plenty of room to make your own vision come to life by expanding upon the main residence to create your dream home. This property includes many unseen site improvements, including a new underground electrical pole to a 400 amp panel in the trash enclosure providing 200 amp to the ADU and 200 amp at the main house, a new sewer lateral with 2 backflow devices, all new underground sewer, and new underground gas and water lines. Privacy coupled with proximity, the property is close to the Montecito villages, hiking trails, beaches, shopping, fine dining, and all that Montecito has to offer, making it the ideal place to call home.