$14,950,000 | Built 1990 | 13,231 Sq. Ft. | 5 Beds | 8.5 Baths | 2.76 Acres
Nestled in the foothills of Montecito, overlooking the pacific from three lush acres, Las Cascadas is pending sale after hitting the market in August for $15 million. The classic Spanish entry courtyard is the first of many enchanting architectural vignettes, with stone archways, palms and a tranquil water feature resting beneath breathtaking mountain views. Renovated in 2018 under the discerning guidance of Madeline Stewart and Giffin & Crane, top quality design honors the estate’s Spanish heritage while unexpected materials lend the playful elegance of a five-star hotel. Las Cascadas has been thoughtfully designed for a casual coastal lifestyle and mainly single-level living with nearly every room allowing access to a myriad of outdoor destinations – veranda, terraces, courtyards, and gardens – and formal spaces, all bedrooms, and an office are positioned on the main level.
Beyond the foyer, an expanse of custom steel-framed windows comprise the great room’s southern wall and open to an ocean-view veranda which spans the entire southern elevation. There is an elegant formal dining room opening to an ocean view terrace to create an al fresco dining experience, a generous lounge area and a kitchen finished in exquisite stone and tile, and outfitted with professional appliances and chef’s conveniences. A fireside breakfast room hosts daily meals in a casual and airy setting, and opens to the outdoor kitchen – complete with a built-in grill, pizza oven, and mountain vistas. There are 5 bedrooms and 8.5 bathrooms including the master retreat with spacious dressing room and custom closet system. Surrounded by lush trees and blossoming vines, the pool terrace and cabana lend a festive atmosphere with a waterfall feature, outdoor kitchen and dining terrace. Beyond the pool terrace lie stone pathways flanked by numerous specimen trees – apple, peach, avocado, and citrus – and leading to an open lawn. Las Cascadas is on the market for $15 million with Robert Riskin of Village Properties.