Livable tear down/ remodel, adjacent to twenty-million dollar estates in one of the most exclusive private locations and streets in Old Montecito. Nestled on 1.16 acres, formerly part of the renowned Brundage Estate, 804 Ayala Lane offers unlimited potential and exquisite tranquility. Situated at the end of the lane, this home is surrounded by towering trees that have stood for over 100 years, providing the perfect amount of privacy. This home offers a single story 3 bed/2 bath main house and a 2 bed/1 bath guest cottage. There is significant rental income possibilities from both homes. Conveniently located near world-class beaches, resorts, fine dining and shopping in Montecito's coveted Upper & Lower Villages.....