Significant Price Adjustment. Unbeatable value for this level of luxurious quality. This impeccably maintained Spanish Mediterranean style home was custom-designed in 2003 with 3,497 +/- sqft of living space, resort-like tropical landscaping, and a 3 car garage. Three bedrooms, 2 ½ baths, office, and 3 terraces to enhance your lifestyle in this luxury residence. Notice the exquisite finishes throughout the spacious and open concept living spaces beginning with the grand foyer entrance. The cooks kitchen features granite counters, high-end appliances, German cabinetry, and under cabinet floor vacuum. The first-floor master boasts high ceilings, fireplace, walk-in closet, and a view terrace to enjoy sunsets and peeks of the ocean. The master bath features custom made cabinetry, Jacuzzi tub, and stone tiled shower. The large downstairs family and/or media room has a bar, wine cellar, and covered terrace offering versatility to entertain. The mature, resort-like landscape is tranquil and gorgeous adorned with Santa Barbara sandstone, custom lighting, detailed irrigation system, fruit trees, and a built-in garden storage room below the garage. Other amenities include solid wood European doors, Italian windows with UV protection, stone floors, and copper gutters, high ceilings, built-in sound system, underfloor radiant heating throughout, 3 fireplaces, and more. With a convenient location close to everything Montecito and Santa Barbara have to offer, this special home is truly a must see.