This large Montecito home on 1.38 acres features breathtaking views of the Santa Ynez Mountains. Set on a private road in Arcady Estates, ready to move-in or remodel this 5000+ SF residence offers endless potential and a flexible floor plan. The award-winning Cold Spring School (ranked first in California) and Montecito Firehouse are just 4/10 of a mile away. The entry and living areas open to a two-story wall of glass and a large outdoor deck. The family room connects to a spacious great room, located off the kitchen. The main floor also has two en-suite bedrooms. The upper level has a palatial master suite with a fireplace, study, office and a nursery or sitting room. French doors open to a balcony with panoramic mountain views to Montecito Peak. Two additional upstairs bedrooms have vaulted ceilings with exposed oak beams and private balconies. The ground floor of residence has an additional two en-suite bedrooms with separate outdoor entrances. The detached split-level garage contains a built-in studio and storage areas. The expansive grounds have ample room for outdoor amenities and the creation of a garden oasis.