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  • $11,950,000

    1623 Posilipo Ln, Santa Barbara, CA 93108

    3beds
    --sqft
    Single Family Residence
    Built in 1919
    8,276 Square Feet Lot
    $12,221,800 Zestimate®
    $--/sqft
    $6,785 Estimated rent

    Home value

    $12,221,800

    $11.00M - $13.57M

    $6,785/mo

    Zestimate® history
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    What's special

    Awaken to the rhythm of the waves and the beauty of life at the beach, where every day feels like a timeless escape. This classic Montecito beach home has been cherished by the same family for generations and is now ready for new memories to be made. The heart of the residence is a striking redwood living room, where a warm fireplace anchors the space and the glow of sunset reflects across the rich wood, framing captivating ocean views. A series of doors open seamlessly to the outdoors, connecting to an ocean-view terrace on one side and a garden on the other—an idyllic setting to savor the views and the salty breeze. The main home offers two bedrooms and two baths, blending comfort with a rare connection to the sea. A separate detached guest quarters provides privacy and flexibility, perfect for hosting family or friends. Surrounded by vibrant landscaping, the outdoors flow effortlessly to the beach, where the shoreline becomes an extension of your backyard. Perfectly situated near Montecito's Lower Village and the Rosewood Miramar, this property offers an extraordinary opportunity to live with the coast as your constant companion.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cristal Clarke 00968247 805-886-9378,

    Berkshire Hathaway HomeServices California Properties

    Bought with:

    Cristal Clarke, 00968247

    Berkshire Hathaway HomeServices California Properties

    Source: SBMLS,MLS#: 25-3131MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other
    Cooling
    • None
    Features
    • Flooring: Hardwood
    • Has fireplace: Yes
    • Fireplace features: Living Room

    Property

    Features
    • Levels: Single Story
    • Patio & porch: Patio Open
    • Has view: Yes
    • View description: Mountain(s), Islands, Coastline, Ocean
    • Has water view: Yes
    • Water view: Islands,Coastline,Ocean
    • Waterfront features: Ocean Front, Waterfront
    • Frontage type: Oceanfront
    Lot
    • Size: 8,276 Square Feet
    Details
    • Parcel number: 007372007
    • Zoning: Other

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 1919

    Utilities & green energy

    • Water: Mont Wtr

    Community & HOA

    Location
    • Region: Santa Barbara

    Financial & listing details

    • Tax assessed value: $718,419
    • Annual tax amount: $8,980
    • Date on market: 9/24/2025
    • Cumulative days on market: 25 days
    • Listing terms: Cash,Ctnl

    Price history

    DateEventPrice
    11/7/2025Sold$11,950,000-4.4%
    Source: SBMLS #25-3131 Report a problem
    10/2/2025Pending sale$12,500,000
    Source: CLAW #25582037 Report a problem
    10/2/2025Contingent$12,500,000
    Source: SBMLS #25-3131 Report a problem
    9/24/2025Listed for sale$12,500,000
    Source: SBMLS #25-3131 Report a problem
    9/3/2025Pending sale$12,500,000
    Source: CLAW #25582037 Report a problem
    9/3/2025Contingent$12,500,000
    Source: SBMLS #25-3131 Report a problem
    8/20/2025Listed for sale$12,500,000
    Source: SBMLS #25-3131 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,980 +1.6%$718,419 +2%
    2024$8,841 +1.6%$704,333 +2%
    2023$8,703 +1.4%$690,524 +2%
    2022$8,585 +1.8%$676,986 +2%
    2021$8,432 +0.8%$663,713 +1%
    2020$8,362 +2.1%$656,908 +2%
    2019$8,193 +1.6%$644,028 +2%
    2018$8,061 +2.7%$631,401 +2%
    2017$7,850 +3.3%$619,022 +2%
    2016$7,601 +5.3%$606,886 +1.5%
    2015$7,220 $597,771 +2%
    2014$7,220 $586,062 +2.5%
    2012-- $571,975 +2%
    2011-- $560,761 +0.8%
    2010-- $556,571 -0.2%
    2009-- $557,894 +2%
    2008-- $546,956 +2%
    2007-- $536,233 +2%
    2006-- $525,719 +2%
    2005-- $515,412 +3.9%
    2003-- $496,047 +2%
    2002-- $486,321 +2%
    2001-- $476,786 +2%
    2000-- $467,439
    Find assessor info on the county website

    Neighborhood: 93108

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Mont Union
    • Middle: S.B. Jr.
    • High: S.B. Sr.

    Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $12,221,800
    2% more
    +$244K
    With Zillow Showcase(estimated)
    $12.5M