$19,500,000
$3M PRICE DROP

Estimated payment $117,492/month

Total Views 12,815
7 Beds
5.5 Baths
8,352 Sq Ft
$2,335 Price per Sq Ft

Highlights

  • Ocean View
  • Guest House
  • 2.04 Acre Lot
  • Santa Barbara Senior High School Rated A-
  • Estate
  • Fireplace in Primary Bedroom

About This Home

Perfectly poised on prestigious Picacho Lane, this newly renovated, ocean-view estate gracefully balances the beauty of architecture & design with incredible grounds & gardens. An impressively long approach leads to a private residence that could be from the pages of AD. The entry porch is ideal for morning coffee while looking at the sea or spending cozy evenings by the fire. Inside, playfully sophisticated design elevates the everyday. Each space shines on its own, yet as a composition, the house tells a complete story that is both timeless and new. The flexible floor plan has great spaces for work, play & loved ones, and the elevator supports all of life's seasons. A beautiful guest house and charming cabin are perfect for guests, fitness, or creativity. Everything you want & more!

Listing Agent

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $103,865

Year Built

  • Built in 2010

Lot Details

  • 2.04 Acre Lot
  • Gated Home
  • Flag Lot
  • Property is in excellent condition
  • Property is zoned Other, E-1

Parking

  • Detached Garage

Property Views

  • Ocean
  • Mountain

Home Design

  • Estate
  • Metal Roof

Interior Spaces

  • 8,352 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Breakfast Bar
  • Laundry Room

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Location

  • Property is near schools
  • Property is near shops

Schools

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

Additional Features

  • Fireplace in Patio
  • Guest House
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 011-050-086

Home Details

Home Type

Single Family

Est. Annual Taxes

$103,865

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2010
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Flag Lot
  • ResoSecurityFeatures: Gate:Elec, Security System, Fire Alarm, Smoke Detector(s)
  • Architectural Style: Other, Estate
  • Reso Flooring: Hardwood, Stone, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2010
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.04
  • NeighborhoodSchools Elementary School: Mont Union
  • 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
  • Condition Excellent: Yes
  • View Setting2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 8352.0
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Office3: Yes
  • Amenities Guest House2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • Security Fire Alarm2: Yes
  • Amenities Elevator4: Yes
  • Fireplace(s) Patio3: Yes
  • LocationTopo Flag Lot2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Living Room, Primary Bedroom, Patio
  • Other Rooms:Great Room: Yes
  • Other Rooms:Media Room: Yes

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Ocean, Setting
  • Acres: 2.04
  • Foundation Details: Mixed
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, Detached

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 #: 011-050-086
  • Zoning: Other, E-1
  • Lot Size Sq Ft: 88862.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

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 $103,865 $9,699,000 $5,100,000 $4,599,000
2022 $100,166 $9,500,000 $5,000,000 $4,500,000
2021 $58,554 $5,488,932 $2,020,720 $3,468,212
2020 $73,991 $6,985,617 $1,461,933 $5,523,684
2019 $72,195 $6,848,645 $1,433,268 $5,415,377
2018 $70,809 $6,714,359 $1,405,165 $5,309,194
2017 $69,532 $6,582,706 $1,377,613 $5,205,093
2016 $67,430 $6,453,634 $1,350,601 $5,103,033
2014 $65,223 $6,232,177 $1,304,255 $4,927,922
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 Price Changed $19,500,000 -13.3% $2,335 / Sq Ft
02/13/2025 02/13/25 For Sale $22,500,000 +314.2% $2,694 / Sq Ft
04/09/2020 04/09/20 Sold $5,432,650 -36.1% $879 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
01/29/2019 01/29/19 For Sale $8,500,000 -- $1,375 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- Chicago Title
Grant Deed $9,500,000 Chicago Title Company
Grant Deed $5,433,000 Chicago Title Company
Interfamily Deed Transfer -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,500,000 New Conventional
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $3,000,000 Credit Line Revolving
Source: Public Records

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Source: Santa Barbara Multiple Listing Service

MLS Number: 25-646

Santa Barbara Multiple Listing Service

APN: 011-050-086