$4,495,000
$200K PRICE DROP

792 Chelham Way Santa Barbara, CA 93108

Estimated payment $27,843/month

Total Views 336,373
4 Beds
3.5 Baths
3,212 Sq Ft
$1,399 Price per Sq Ft

Highlights

  • View of Trees or Woods
  • Fruit Trees
  • Lawn
  • Cold Spring Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

Discover the allure of Montecito at 792 Chelham Way.
Picture yourself beginning your day to the soothing sounds of nature, surrounded by Montecito's lush greenery. Welcome to 792 Chelham Way, a renovated and reimagined four-bedroom, four-bathroom home that masterfully blends casual elegance with timeless Montecito charm. This home is more than just a house—it's a sanctuary designed for comfort, relaxation, and effortless sophistication.
Step inside to find natural light-filled living spaces that exude warmth and tranquility. The thoughtfully designed layout flows seamlessly from the gourmet kitchen—perfect for intimate get-togethers or hosting grand gatherings—into the stylish living and family rooms. The family room offers an inviting space for everyday moments or casual entertaining. The primary suite is a private retreat featuring gorgeous views of the surrounding mountains and a lush canopy of oak trees. Its luxurious ensuite bathroom includes a soaking tub, while a spacious dressing room with custom closets adds functionality and flair. Each additional bedroom is equally inviting, with tasteful design touches reflecting the home's understated elegance.
Outside, the magic continues with a backyard oasis bordering the serene woodlands of Westmont College. Enjoy al fresco dining under the stars or wander through your private orchard filled with plums, apples, citrus, and more. The property's natural beauty creates an atmosphere of peace and seclusion while remaining just minutes from Cold Spring Elementary, Lotusland, and Montecito's world-class dining, shopping, and beaches.
Whether you're hosting sophisticated gatherings in the living room or savoring quiet mornings in your backyard haven, 792 Chelham Way offers a lifestyle of casual luxury in one of California's most coveted locations. Schedule your private tour today and experience this exceptional home for yourself!

Listing Agent

Jamie Faletti

Compass License #1516716

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,056

Year Built

  • Built in 1951

Lot Details

  • 0.46 Acre Lot
  • Fruit Trees
  • Wooded Lot
  • Lawn

Parking

  • Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,212 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near schools

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 013-111-039
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,056

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Home/Estate
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Information Year Built2: 1951
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.46
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near School(s)2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Construction Two Story2: Yes
  • View Wooded3: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s) Family Room3: Yes
  • Property Information Apx Lot SqFt: 20037.0
  • GroundsLandscaping Wooded4: Yes
  • Appliances Included Gas Tankless Water Heater: Yes
  • Appliances Included Vented Exhaust Fan: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Tankless Water Heater, Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Family Room
  • Appliances Included:Tankless Water Heater: Yes

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Wooded
  • Construction Type: Stucco
  • Acres: 0.46
  • Exterior Features: Lawn, Fruit Trees, Wooded
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

  • Heating: Baseboard, Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 013-111-039
  • Zoning: R-1
  • Lot Size Sq Ft: 20037.0

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 $33,056 $2,958,000 $1,785,000 $1,173,000
2022 $31,956 $2,900,000 $1,750,000 $1,150,000
2021 $15,812 $1,358,098 $1,070,427 $287,671
2020 $15,565 $1,344,174 $1,059,452 $284,722
2019 $15,298 $1,317,819 $1,038,679 $279,140
2018 $15,028 $1,291,980 $1,018,313 $273,667
2017 $14,699 $1,266,648 $998,347 $268,301
2016 $14,247 $1,241,813 $978,772 $263,041
2015 $13,903 $1,223,160 $964,070 $259,090
2014 $13,697 $1,199,201 $945,186 $254,015
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Price Changed $4,495,000 -4.3% $1,399 / Sq Ft
12/03/2024 12/03/24 For Sale $4,695,000 +61.9% $1,462 / Sq Ft
12/09/2021 12/09/21 Sold $2,900,000 -17.1% $893 / Sq Ft
11/20/2021 11/20/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $3,499,000 -- $1,078 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Deed History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $2,900,000 First American Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $550,000 Adjustable Rate Mortgage/ARM
Previous Owner $600,000 Credit Line Revolving
Previous Owner $600,000 Credit Line Revolving
Previous Owner $600,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $250,000 Credit Line Revolving
Previous Owner $565,000 Unknown
Previous Owner $565,000 No Value Available
Source: Public Records

About the Listing Agent

Jamie Faletti

Compass

(805) 666-8639

Section Image

Jamie Faletti is a third-generation Santa Barbaran whose family immigrated to the area over a century ago. He has a lifelong love of Santa Barbara and a deep respect for its unique community.

Jamie has a lengthy musical background in the Santa Barbara area and was the creative and driving force behind some of its most successful and revered guitar stores. He continues to play and support music in schools and through various non-profits in the community and nationwide.

Jamie’s

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  • 1284 Spring Rd, Santa Barbara, CA 93108

    $3,275,000 Sold Sep 04, 2024

    • 2 Beds
    • 2.5 Baths
    • 1,811 Sq Ft
    • 1284 Spring Rd
    • Santa Barbara, CA

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Step inside and be greeted by the seamless blend of modern elegance and coastal charm. The open floor plan creates a welcoming ambiance,

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  • 4515 Carpinteria Ave Unit A, Carpinteria, CA 93013

    $875,000 Sold Apr 23, 2025

    • 2 Beds
    • 2.5 Baths
    • 1,428 Sq Ft
    • 4515 Carpinteria Ave
    • Unit A
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    Welcome to the desirable Beach Grove community of Carpinteria! This charming 2-bedroom, 2.5-bathroom condo offers 1,428 square feet of comfortable living space. This home blends modern amenities with coastal charm.Here's what makes this condo special:- Spacious 2-bedroom, 2.5-bathroom layout- 1,428 square feet of living area- Bedrooms open onto an upstairs deck, perfect for relaxing and

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Source: Santa Barbara Multiple Listing Service

MLS Number: 24-3863

Santa Barbara Multiple Listing Service

APN: 013-111-039