740 Hot Springs Rd Santa Barbara, CA 93108
3
Beds
2
Baths
2,026
Sq Ft
0.63
Acres
Highlights
- Mountain View
- No HOA
- Forced Air Heating and Cooling System
- Santa Barbara Senior High School Rated A-
About This Home
As of April 2025This bucolic single story Montecito farmhouse has been reborn! Fully reimagined and transformed, this stunning property includes three bedrooms, two full bathrooms, vaulted ceilings, modern fixtures, Lutron home system, woodburning fireplace, generous use of natural materials, a media room off the downstairs bedroom, and exceptional finishes throughout. You will be swept away by the tranquility of this freshly landscaped 2/3 acre lot behind the gates on Tejas Lane from the rope swing to the pergola, to the sauna, two outdoor showers, hot tub, koi pond, BBQ, and fire pit, the property offers unlimited opportunities to relax and enjoy all the Golden Quadrangle has to offer.
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #00976141
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,052
Year Built
- Built in 2024
Lot Details
- 0.63 Acre Lot
- Property is zoned E-1
Interior Spaces
- 2,026 Sq Ft Home
- Family Room with Fireplace
- Mountain Views
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 011-090-052
- Seller Concessions Offered
- Seller Will Consider Concessions
Map
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2025 04/04/25 | Sold | $4,400,000 | -4.3% | $2,172 / Sq Ft |
| 02/20/2025 02/20/25 | Pending | -- | -- | -- |
| 02/01/2025 02/01/25 | For Sale | $4,600,000 | 0.0% | $2,270 / Sq Ft |
| 01/22/2025 01/22/25 | Pending | -- | -- | -- |
| 11/17/2024 11/17/24 | Price Changed | $4,600,000 | -7.1% | $2,270 / Sq Ft |
| 11/01/2024 11/01/24 | Price Changed | $4,950,000 | +30.3% | $2,443 / Sq Ft |
| 10/11/2024 10/11/24 | For Sale | $3,800,000 | -- | $1,876 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
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 | $19,052 | $1,656,320 | $1,240,694 | $415,626 |
| 2022 | $18,454 | $1,623,844 | $1,216,367 | $407,477 |
| 2021 | $18,094 | $1,592,005 | $1,192,517 | $399,488 |
| 2020 | $17,927 | $1,575,682 | $1,180,290 | $395,392 |
| 2019 | $17,487 | $1,544,788 | $1,157,148 | $387,640 |
| 2018 | $17,173 | $1,514,499 | $1,134,459 | $380,040 |
| 2017 | $16,807 | $1,484,804 | $1,112,215 | $372,589 |
| 2016 | $16,289 | $1,455,691 | $1,090,407 | $365,284 |
| 2014 | $15,656 | $1,405,742 | $1,052,991 | $352,751 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,080,000 | New Conventional | |
| Previous Owner | $4,200,000 | New Conventional | |
| Previous Owner | $1,640,000 | New Conventional | |
| Previous Owner | $1,218,750 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,100,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $737,500 | New Conventional |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $4,400,000 | Chicago Title Company | |
| Grant Deed | $4,000,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Wfg National Title Ins Co | |
| Grant Deed | $1,335,000 | Chicago Title Company |
Source: Public Records
Similar Homes in the area
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-3371
APN: 011-090-052
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