
331 Sherman Rd Santa Barbara, CA 93103
Riviera NeighborhoodEstimated payment $17,936/month
About This Home
Set high in the Riviera, this custom-built hillside retreat combines exceptional craftsmanship with breathtaking mountain views, all just 10 minutes from Montecito's Lower and Upper Villages and downtown Santa Barbara.
Expansive windows on both levels flood the home with natural light and frame stunning vistas, creating a seamless connection to the surrounding landscape. The open-concept main floor features 10' ceilings, 9' sliding glass doors, and a chef's kitchen with a center island, prep sink, and wine fridge. Two en-suite bedrooms offer comfort and privacy behind double doors.
Upstairs, the primary suite is a tranquil sanctuary with panoramic mountain views, a walk-in closet, and a spa-inspired bath with soaking tub. A spacious extra space outside the primary bedroom lined with windows is ideal for a home office, yoga space, or creative studio.
Enjoy indoor-outdoor living with three large patios, a generous outdoor dining area, and a low-maintenance garden filled with succulents and fruit trees. Located just steps from Parma Park's 200 acres of trails and open space, and minutes to Santa Barbara's beaches, the Mission, and cultural hotspots.
Listing Agent
Berkshire Hathaway HomeServices California Properties License #01726170 Listed on: 06/30/2025

Open House Schedule
-
Sunday, August 24, 20251:00 to 3:00 pm8/24/2025 1:00:00 PM +00:008/24/2025 3:00:00 PM +00:00Modern masterpiece 3 bed/3 bath surrounded by nature and minutes from SB and Montecito.Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,939
Year Built
- Built in 2012
Lot Details
- 10,454 Sq Ft Lot
Home Design
- 2,866 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Cleveland Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Listing and Financial Details
- Assessor Parcel Number 019-050-024
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2025 | $25,939 | $2,489,592 | $703,580 | $1,786,012 |
2023 | $25,939 | $2,392,920 | $676,260 | $1,716,660 |
2022 | $25,028 | $2,346,000 | $663,000 | $1,683,000 |
2021 | $8,404 | $789,500 | $300,923 | $488,577 |
2020 | $8,316 | $781,406 | $297,838 | $483,568 |
2019 | $8,169 | $766,086 | $291,999 | $474,087 |
2018 | $8,051 | $751,066 | $286,274 | $464,792 |
2017 | $7,783 | $736,340 | $280,661 | $455,679 |
2016 | $7,647 | $721,903 | $275,158 | $446,745 |
2014 | $7,438 | $697,132 | $265,716 | $431,416 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/09/2025 08/09/25 | For Rent | $12,000 | 0.0% | -- |
06/30/2025 06/30/25 | For Sale | $2,895,000 | 0.0% | $1,010 / Sq Ft |
06/15/2023 06/15/23 | Rented | -- | -- | -- |
05/23/2023 05/23/23 | Under Contract | -- | -- | -- |
02/26/2023 02/26/23 | For Rent | $11,000 | 0.0% | -- |
05/07/2021 05/07/21 | Sold | $2,300,000 | +4.8% | $803 / Sq Ft |
04/05/2021 04/05/21 | Pending | -- | -- | -- |
03/31/2021 03/31/21 | For Sale | $2,195,000 | -- | $766 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $2,300,000 | Fidelity National Title Co | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | Fidelity National Title Co | |
Interfamily Deed Transfer | -- | -- | |
Grant Deed | $374,000 | Equity Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,837,501 | New Conventional | |
Closed | $1,830,000 | Commercial | |
Previous Owner | $510,000 | New Conventional | |
Previous Owner | $615,000 | New Conventional | |
Previous Owner | $100,000 | Credit Line Revolving | |
Previous Owner | $396,000 | Purchase Money Mortgage | |
Previous Owner | $275,000 | Unknown | |
Previous Owner | $100,000 | Credit Line Revolving | |
Previous Owner | $298,840 | No Value Available |
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Source: Santa Barbara Multiple Listing Service
MLS Number: 25-2518

APN: 019-050-024
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