$16,850,000
$650K PRICE DROP

Estimated payment $102,249/month

Total Views 10,430
7 Beds
10 Baths
8,600 Sq Ft
$1,959 Price per Sq Ft

Highlights

  • Ocean View
  • Koi Pond
  • Sauna
  • Cold Spring Elementary School Rated A+
  • Heated In Ground Pool
  • Primary Bedroom Suite

About This Home

Floating above the Pacific with sweeping ocean-to-island views, this Montecito estate commands one of Pepper Hill's most breathtaking vantage points. Perched atop Montecito's coveted Pepper Hill enclave, this extraordinary estate commands sweeping panoramic views of the Pacific Ocean, Channel Islands, and Santa Ynez Mountains from one of the area's most elevated and private vantage points. Set on approximately 1.02 acres, the ~8,600-square-foot residence offers 7 bedrooms, 8 full baths, and 2 half baths, thoughtfully designed for both grand-scale entertaining and refined everyday living.Rich in history, the property occupies land once part of the original Pepper Hill estatedeveloped in 1916 by industrialist David Benton Jones and designed by renowned architect David Adler with landscape architect Edward H. Bennettimbuing the home with a rare sense of legacy and place. Today, the residence embraces Montecito's signature indoor-outdoor lifestyle, with expansive terraces, balconies, and entertaining spaces framing breathtaking ocean-to-mountain vistas, including views of Anacapa, Santa Cruz, and Santa Rosa Islands.The grounds are both whimsical and timeless, featuring a pond, water wheel, garden structures, and limestone patios embedded with ancient marine fossilssubtle reminders of the land's geological history. Positioned on decomposed granite terrain known for its natural stability, the property offers a unique blend of beauty and resilience.Located just minutes from Montecito's Upper and Lower Villages and in close proximity to Highway 101, Pepper Hill is one of the area's most exclusive hillside communities, defined by one-acre minimum parcels, architectural individuality, and limited turnover. As a rare offering within this storied enclave, the estate captures the essence of Montecito livingprivacy, history, and unparalleled coastal views.

Listing Agent

Tracy Tutor

Compass License #01326769 Listed on: 04/10/2026

Compass

Co-Listing Agent

Thea/ Daniel Chiprut

Compass License #02245684

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 1.02 Acre Lot
  • Gated Home
  • Property is zoned 2-E-1

HOA Fees

  • $214 Monthly HOA Fees

Property Views

  • Ocean
  • Bay
  • City Lights
  • Trees
  • Mountain
  • Hills

Home Design

  • Contemporary Architecture
  • Clay Roof

Interior Spaces

  • 8,600 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Sauna

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Sunken Shower or Bathtub
  • Powder Room
  • Maid or Guest Quarters
  • Bidet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • 12 Open Parking Spaces
  • Driveway
  • Automatic Gate

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Koi Pond
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 009-021-064

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

1.02 Acres

HOA Fees

$214 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: Pepper Hill Homes Association
  • Entry Location: Main Level
  • Living Area: 8600
  • Lot Acreage: 1.0200
  • Probate: No
  • Stories: 2
  • Year Built: 2003
  • Builders Tract Name: Pepper Hill
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Primary Bedroom
  • Flooring: Hardwood, Carpet, Stone
  • Appliances: Built-In Gas, Built-Ins
  • Bedrooms: 7
  • Fireplaces: 2
  • Full Bathroom: 8
  • Half Bathroom: 2
  • Bedroom Features: Primary Bedroom, Primary Retreat, Primary Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Bidet, Shower and Tub, Sunken Tub, Powder Room
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Kitchen Island, In Kitchen
  • Kitchen Features: Island, Pantry
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 10.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Refrigerator, Range/Oven, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1959.30

Exterior Features

  • Other Features: Balcony, Koi Pond
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Porch - Rear, Porch - Front
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Roof: Clay
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: Bay, Water, Ocean, City Lights, Tree Top, Hills, Mountains
  • View: Yes

Garage/Parking

  • Other Spaces: 12
  • Covered Parking: 3
  • Parking Garage: Attached, Garage - 3 Car, Driveway, Gated
  • Total Parking: 15

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Smoke Detector, Automatic Gate, Carbon Monoxide Detector(s)
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 214.41
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 009-021-064
  • Lot Size Area: 44431

Map

Range of Values:

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Value Increase
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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
2025 $146,059 $14,071,617 $3,247,296 $10,824,321
2023 $146,059 $13,525,200 $3,121,200 $10,404,000
2022 $150,345 $14,165,417 $7,726,592 $6,438,825
2021 $147,187 $13,887,665 $7,575,091 $6,312,574
2020 $144,668 $13,745,265 $7,497,418 $6,247,847
2019 $142,866 $13,475,751 $7,350,410 $6,125,341
2018 $140,108 $13,211,522 $7,206,285 $6,005,237
2017 $137,633 $12,952,474 $7,064,986 $5,887,488
2016 $133,481 $12,698,505 $6,926,457 $5,772,048
2014 $129,624 $12,262,754 $6,688,775 $5,573,979
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2026 05/18/26 Price Changed $16,850,000 -3.7% $1,959 / Sq Ft
04/10/2026 04/10/26 For Sale $17,500,000 -- $2,035 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Gift Deed -- --
Interfamily Deed Transfer -- None Available
Grant Deed -- Lawyers Title Company
Interfamily Deed Transfer -- --
Grant Deed -- Equity Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $1,890,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 26689399

The MLS

APN: 009-021-064

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