$15,750,000
OPEN SUN 1PM - 4PM $2M PRICE DROP

Estimated payment $103,328/month

Total Views 6,091
5 Beds
14 Baths
12,692 Sq Ft
$1,241 Price per Sq Ft

Highlights

  • Ocean View
  • Outdoor Pool
  • Mediterranean Architecture
  • Santa Barbara Senior High School Rated A-
  • Fireplace in Primary Bedroom
  • Great Room

About This Home

Reminiscent of Hollywood's ''Golden Era,'' this magnificent 1920's Montecito estate boasts breathtaking ocean/island views and embodies a rare blend of stunning architecture and unmatched quality. Originally constructed for C.K.G. Billings and designed by the renowned architect Carleton Winslow, this palatial property overlooks the Montecito Club and Bird Refuge, seamlessly uniting seclusion with close proximity to world-class restaurants, upscale boutiques,
and pristine beaches. Featuring grand public areas, bedrooms, libraries, offices, living and dining spaces. With 10 fireplaces and 14 baths, every facet of this residence exudes regal splendor. The pool area evokes the ambiance of both the Beverly Hills Hotel and the legendary Neptune Pool at Hearst Castle, ......... ......... offering sweeping Pacific Ocean/Channel Island vistas,
expansive terraces, and lavish dressing rooms. Elevating entertainment to unparalleled heights, the home enjoys an
envy-inducing game room, a remarkable home theater, and an exquisite wine cellar. "El Descanso" stands as a testament
to luxury living from a bygone era that will endure for generations to come.

Listing Agent

Dan Encell

Berkshire Hathaway HomeServices California Properties License #00976141

Berkshire Hathaway HomeServices California Properties

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $185,045

Year Built

  • Built in 1923

Lot Details

  • 1.11 Acre Lot
  • Gated Home
  • Lawn

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Island
  • Harbor
  • City

Home Design

  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 12,692 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Game Room
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Outdoor Features

  • Outdoor Pool
  • Patio

Schools

  • Cleveland Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 015-211-007
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$185,045

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1923
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Other, Laundry Room
  • ResoSecurityFeatures: Gate:Elec
  • Architectural Style: Medit
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Information Year Built2: 1923
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.11
  • NeighborhoodSchools Elementary School: Cleveland
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • Rooms Family Room4: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • Security GateElec: Yes
  • Construction Two Story2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Roof:Tile2: Yes
  • ViewOcean: Yes
  • View Islands: Yes
  • Style Medit2: Yes
  • ParkingGarage Gar #4: Yes
  • View Harbor2: Yes
  • Rooms LbryStudy: Yes
  • View City4: Yes
  • Rooms Game Room3: Yes
  • Special Features: OpenHouse
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 10
  • Half Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Primary Bedroom, Family Room, Dining Room, Other
  • Other Rooms:Great Room: Yes

Exterior Features

  • Roof: Tile
  • View: Islands, Ocean, City, Harbor
  • Acres: 1.11
  • Exterior Features: Pool, Patio Open, Lawn
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #4, Interior Access, Attached

Utilities

  • Water Source: SB Wtr

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Cleveland
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 015-211-007
  • Zoning: Other
  • Lot Size Sq Ft: 48351.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $185,045 $17,152,835 $2,143,660 $15,009,175
2022 $178,581 $16,816,506 $2,101,628 $14,714,878
2021 $165,232 $15,610,000 $2,341,000 $13,269,000
2020 $143,693 $13,574,000 $2,036,000 $11,538,000
2019 $144,012 $13,574,000 $2,036,000 $11,538,000
2018 $141,980 $13,308,000 $1,996,000 $11,312,000
2017 $133,371 $12,674,000 $1,901,000 $10,773,000
2016 $125,846 $12,070,000 $1,810,000 $10,260,000
2015 $114,894 $10,973,000 $1,646,000 $9,327,000
2014 -- $10,451,000 $1,568,000 $8,883,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 For Sale $15,750,000 0.0% $1,241 / Sq Ft
02/17/2025 02/17/25 Pending -- -- --
01/08/2025 01/08/25 Price Changed $15,750,000 -10.0% $1,241 / Sq Ft
04/17/2024 04/17/24 For Sale $17,500,000 0.0% $1,379 / Sq Ft
03/28/2024 03/28/24 Off Market $17,500,000 -- --
02/20/2024 02/20/24 For Sale $17,500,000 0.0% $1,379 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $17,500,000 -- $1,379 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Deed History

Date Type Sale Price Title Company
Grant Deed -- Chicago Title Company
Grant Deed -- Chicago Title
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,115,000 Unknown
Previous Owner $5,000,000 Credit Line Revolving
Previous Owner $1,200,000 Unknown
Source: Public Records

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-62

Santa Barbara Multiple Listing Service

APN: 015-211-007