$8,250,000
SOLD JAN 2, 2025

750 Picacho Ln Santa Barbara, CA 93108

4 Beds
5.5 Baths
5,697 Sq Ft
0.85 Acres

Recently Sold

$1,448 Per Sq Ft

8% Below List Price

374 Days on Market

Highlights

  • Ocean View
  • Art Studio
  • Fireplace in Primary Bedroom
  • Santa Barbara Senior High School Rated A-
  • Spa
  • Contemporary Architecture

About This Home

As of January 2025

Discover luxury living at its finest with this contemporary masterpiece designed by acclaimed architect John Kelsey, located in one of Montecito's premier locations. This spacious 5600 sq/ft home offers 4 bedrooms and 6 bathrooms designed with comfort and elegance in mind. The home boasts large, open rooms with soaring ceilings that create an airy and inviting atmosphere throughout. An impressive feature that envelops you the moment you enter through the front door.
The modern kitchen flows effortlessly into the second living room, perfect for hosting or enjoying family time.
The large primary bedroom suit on the ground floor offers a spacious office or private living room, two bathrooms each with walk- in closets, a fireplace, two private patios, one overlooking a seasonal creek with beautifully matured oak trees, and the other leading you to the garden and pool. Each of the guest bedrooms upstairs feature a private balcony, offering sweeping views of both the ocean and mountains, a feature that enhances the sense of serenity in this remarkable property.
Outside, the backyard is a true showstopper. Relax in your own private retreat with a stunning pool and hot tub, beautifully designed to create a cascading effect that adds to the tranquil ambiance. Whether you're hosting a gathering or seeking personal tranquility, the outdoor space is perfect for enjoying Montecito's ideal weather year-round.
A two-car garage is well placed at the back of the property, accessed by a secondary gate from Picacho Lane. Next to the garage is an art studio and bedroom with full bathroom, ideally located to become a pool house.
Situated on the coveted Picacho Ln, this property offers unparalleled access to Montecito's finest amenities while providing the privacy and exclusivity you desire. Don't miss the opportunity to make this exceptional home your own.

Last Agent to Sell the Property

Marcus Boyle

Berkshire Hathaway HomeServices California Properties License #02013666

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Richard Cheetham

Sotheby's International Realty License #02032454

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,406

Year Built

  • Built in 1989

Lot Details

  • 0.85 Acre Lot
  • Gated Home
  • Back Yard Fenced
  • Level Lot
  • Lawn
  • Property is in good condition

Property Views

  • Ocean
  • Mountain

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Raised Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • 5,697 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Double Pane Windows
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Art Studio
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Built-In Gas Range
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Uncovered Parking

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

  • Mont Union Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Stub Out

Community Details

  • No Home Owners Association
  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 011-100-038
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,406

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Directions: Heading east on E Valley Rd from Hot Springs Rd, turn left onto Picacho Ln. 750 Picacho is up on the right hand side.
  • Prop. Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec, Security System, Fire Alarm, Smoke Detector(s)
  • Architectural Style: Contemporary
  • Reso Flooring: Carpet, Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1989
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.85
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Unc #4: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Skylight2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Art Studio2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Condition Good2: Yes
  • Style:Contemporary2: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • GroundsLandscaping Fenced BCK: Yes
  • Security Fire Alarm2: Yes
  • Foundation Raised: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Gas Range, Dishwasher, Double Oven, Gas Stove
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Primary Bedroom, Family Room
  • Other Rooms:Great Room: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Flat
  • View: Mountain(s), Ocean, Setting
  • Construction Type: Stucco
  • Acres: 0.85
  • Topography: Level
  • Exterior Features: Pool, Patio Open, Hot Tub, Lawn, Fenced: BCK
  • Foundation Details: Slab, Raised
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Unc #4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 011-100-038
  • Zoning: R-1
  • Lot Size Sq Ft: 37026.0
  • 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

Property History

Date Event Price Change Sq Ft Price
01/02/2025 01/02/25 Sold $8,250,000 -8.3% $1,448 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $8,999,000 +9.1% $1,580 / Sq Ft
09/30/2024 09/30/24 Off Market $8,250,000 -- --
09/16/2024 09/16/24 Price Changed $8,999,000 -8.2% $1,580 / Sq Ft
07/09/2024 07/09/24 Price Changed $9,800,000 -6.7% $1,720 / Sq Ft
05/15/2024 05/15/24 For Sale $10,500,000 0.0% $1,843 / Sq Ft
05/15/2024 05/15/24 Off Market $10,500,000 -- --
05/02/2024 05/02/24 For Sale $10,500,000 +27.3% $1,843 / Sq Ft
02/22/2024 02/22/24 Off Market $8,250,000 -- --
10/17/2023 10/17/23 For Sale $12,000,000 -- $2,106 / 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 $60,406 $5,593,107 $3,005,384 $2,587,723
2022 $58,299 $5,483,439 $2,946,455 $2,536,984
2021 $57,089 $5,375,922 $2,888,682 $2,487,240
2020 $56,548 $5,320,800 $2,859,063 $2,461,737
2019 $55,291 $5,216,471 $2,803,003 $2,413,468
2018 $54,235 $5,114,189 $2,748,043 $2,366,146
2017 $53,238 $5,013,911 $2,694,160 $2,319,751
2016 $51,624 $4,915,600 $2,641,334 $2,274,266
2014 $49,965 $4,746,922 $2,550,697 $2,196,225
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 FHA
Closed $1,500,000 FHA
Open $8,367,260 Construction
Closed $8,367,260 Construction
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $8,250,000 First American Title
Grant Deed $8,250,000 First American Title
Grant Deed -- None Available
Grant Deed -- None Available
Source: Public Records

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Source: Santa Barbara Multiple Listing Service

MLS Number: 23-3136

Santa Barbara Multiple Listing Service

APN: 011-100-038