As you enter through the gate of this incredible Mediterranean estate, you will fall in love with the privacy and expansiveness of this special Montecito property. Situated on a magical 1-acre parcel in the sought-after Cold Springs School area, this stunning property features a large main house plus a detached guest house, creating endless possibilities. The main house features a total of 6 bedrooms and 4 full baths -- with 2 bedrooms/1 bath in a separate wing with a kitchen. There is also a completely separate and extremely charming 1 bed/1 bath guesthouse, complete with its own full kitchen, laundry, private outdoor patio and parking. The main house boasts an elegant great room, featuring an updated chef's kitchen with high-end appliances, dining room, and an expansive family room with gorgeous vaulted ceilings and a fireplace. Bathed in sunlight, the huge upstairs master suite boasts soaring vaulted ceilings, two walk-in closets, fireplace, wet bar, separate office/sitting room, two balconies, and spa-like master bathroom with a steam shower and heated floors.Multiple sets of sliding glass doors open up to the lush outside entertaining area, making you feel as though you are at your own private resort -- complete with pool, spa, sauna, outdoor shower, built-in gas barbecue, and pergola. Perfect for dual-living or a multi-generational compound, this amazing property also features a 3-car garage, two zones for heat and A/C, & room for additional cars, boat or RV.