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  • $3,460,000

    1647 Posilipo Ln APT B, Santa Barbara, CA 93108

    3beds
    2,147sqft
    Condominium
    Built in 1991
    -- sqft lot
    $3,518,500 Zestimate®
    $1,612/sqft
    $8,042 Estimated rent

    Home value

    $3,518,500

    $3.17M - $3.91M

    $8,042/mo

    Zestimate® history
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    What's special

    Elegant Coastal Townhome Steps from the Rosewood Miramar and World-Class Beaches Ideally positioned adjacent to the iconic Rosewood Miramar Resort-with private path access via a beautiful trail-and steps to Montecito's renowned beaches, this exquisitely appointed townhome offers the perfect fusion of relaxed coastal living and refined sophistication. Upon entry as well as from the primary bedroom, you're greeted by sweeping ocean and island views that set the tone for this thoughtfully updated, turnkey residence. Recent renovations include new hardwood floors, a chef-caliber kitchen with designer finishes, new dual-pane windows and doors, a new roof, balcony, and a premium water filtering and softening system. Located in the exclusive and impeccably maintained Montecito Estates, a boutique community of just six residences and four owners, this rare offering provides exceptional privacy and tranquility. The spacious floor plan includes a formal dining room, a cozy breakfast nook, and a generous living area with a stately stone fireplace. The expansive outdoor patio features an outdoor shower, perfect for rinsing off after a day at the beach. Additional highlights include a luxurious marble-clad primary bathroom, in-unit laundry, mountain views to complement the stunning ocean vistas, a large two-car garage with interior access, and an additional designated parking space. Enjoy unparalleled walkability to Coast Village Road, where upscale shopping and fine dining await. This is an extraordinary opportunity to experience the very best of Montecito's coastal lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Emily McPherson 02133962 805-766-6014,

    Village Properties

    Bought with:

    The Morehart Group, 00828316 / 01130349 / 02025980 / 01319565

    Compass

    Susan J Pate, 01130349

    Source: SBMLS,MLS#: 25-3256MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced Air
    Appliances
    • Included: Water Softener Owned
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Hardwood, Marble, Tile
    • Has fireplace: Yes
    • Fireplace features: Living Room, Other, Gas
    Interior area
    • Total structure area: 2,147
    • Total interior livable area: 2,147 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Patio Open
    • Exterior features: Other, Fruit Trees
    • Has view: Yes
    • View description: Beach, Mountain(s), Islands, Ocean, Setting
    • Has water view: Yes
    • Water view: Beach,Islands,Ocean
    Lot
    • Features: Level
    • Topography: Level
    Details
    • Parcel number: 007550005
    • Zoning: Other

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Medit,Spanish
    • Property subtype: Condominium
    Materials
    • Stucco
    • Foundation: Mixed
    • Roof: Tile
    Condition
    • Excellent
    • Year built: 1991

    Utilities & green energy

    • Sewer: Sewer Hookup
    • Water: Meter In, Shared Well, Pvt Wtr Sys, Mont Wtr

    Community & HOA

    Community
    • Subdivision: 10 - Fernald Point
    HOA
    • Has HOA: Yes
    • Amenities included: Greenbelt
    • Services included: Insurance, Water, Trash, Prop Mgmt, Comm Area Maint, Exterior Maint
    • HOA fee: $1,240 monthly
    Location
    • Region: Santa Barbara

    Financial & listing details

    • Price per square foot: $1,612/sqft
    • Tax assessed value: $2,651,956
    • Annual tax amount: $28,089
    • Date on market: 8/29/2025
    • Cumulative days on market: 283 days
    • Listing terms: Cash,Ctnl

    Price history

    DateEventPrice
    2/6/2026Sold$3,460,000-7.7%$1,612/sqft
    Source: SBMLS #25-3256 Report a problem
    12/26/2025Pending sale$3,750,000$1,747/sqft
    Source: SBMLS #25-3256 Report a problem
    8/29/2025Listed for sale$3,750,000-6.1%$1,747/sqft
    Source: SBMLS #25-3256 Report a problem
    8/25/2025Listing removed$3,995,000+6.5%$1,861/sqft
    Source: CLAW #25512853 Report a problem
    7/10/2025Price change$3,750,000-6.1%$1,747/sqft
    Source: SBMLS #25-1052 Report a problem
    5/13/2025Price change$3,995,000-3.7%$1,861/sqft
    Source: SBMLS #25-1052 Report a problem
    3/14/2025Listed for sale$4,150,000+69.4%$1,933/sqft
    Source: SBMLS #25-1052 Report a problem
    7/16/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/22/2023Listed for rent$15,000+100%$7/sqft
    Source: Zillow Rentals Report a problem
    3/24/2021Sold$2,450,000-3.7%$1,141/sqft
    Source: SBMLS #21-447 Report a problem
    2/25/2021Pending sale$2,545,000$1,185/sqft
    Source: SBMLS #21-447 Report a problem
    2/5/2021Listed for sale$2,545,000+131.4%$1,185/sqft
    Source: SBMLS #21-447 Report a problem
    10/2/2018Listing removed$7,500$3/sqft
    Source: Berkshire Hathaway Home Services California Properties #RN-14837 Report a problem
    8/8/2018Listed for rent$7,500$3/sqft
    Source: Berkshire Hathaway Home Services California Properties #RN-14837 Report a problem
    11/8/2010Sold$1,100,000-14.4%$512/sqft
    Source: Public Record Report a problem
    9/27/2010Price change$1,285,000-7.5%$599/sqft
    Source: Village Properties #10-2595 Report a problem
    8/14/2010Listed for sale$1,389,000+16.2%$647/sqft
    Source: Village Properties #10-2595 Report a problem
    4/11/2003Sold$1,195,000$557/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,089 +1.8%$2,651,956 +2%
    2024$27,580 +1.9%$2,599,958 +2%
    2023$27,075 +1.8%$2,548,980 +2%
    2022$26,591 +2.1%$2,499,000 +91.9%
    2021$26,038 +85.2%$1,301,962 +1%
    2020$14,063 +1.5%$1,288,613 +2%
    2019$13,857 +1.9%$1,263,348 +2%
    2018$13,601 +2%$1,238,578 +2%
    2017$13,336 +3.4%$1,214,293 +2%
    2016$12,895 +8.5%$1,190,484 +7.2%
    2015$11,885 $1,111,000 +2%
    2014$11,885 $1,089,000 +10%
    2012-- $990,000 -10%
    2011-- $1,100,000 -18%
    2010-- $1,340,818 -0.2%
    2009-- $1,344,004 +2%
    2008-- $1,317,652 +2%
    2007-- $1,291,816 +2%
    2006-- $1,266,487 +2%
    2005-- $1,241,655 +52.9%
    2003-- $811,822 +2%
    2002-- $795,905 +2%
    2001-- $780,300 +2%
    2000-- $765,000
    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.

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