A rare opportunity to own a newly constructed custom home without the typical years-long building process. Currently under construction and anticipated to be completed in November, this exceptional property will offer approximately 3,600 sqft in the main residence, featuring four en-suite bedrooms and a powder room, along with a nearly 800 sqft guest house complete with its own bedroom, bathroom, and full kitchen.
Thoughtfully designed for modern California living, the property will feature seamless indoor-outdoor spaces, a resort-style pool and spa, outdoor kitchen, and the quality and craftsmanship expected of a custom-built home. The builder is committed to shepherding the project through completion, providing continuity and helping ensure the home remains on schedule for its anticipated delivery.
Adding to its appeal, the home is at a stage where a buyer may have the opportunity to personalize select finishes, materials, and design details, creating a residence tailored to their own vision while avoiding the time, complexity, and uncertainty of starting a custom build from the ground up.
Offering the best of both worlds, a custom home with the ability to make it your own, delivered in a matter of months, this is a truly rare opportunity in today's market.
Active
Price increase: $4.5M (8/9)
$10,950,000
196 Santa Elena Ln, Santa Barbara, CA 93108
5beds
4,400sqft
Single Family Residence
Built in 2026
0.5 Acres Lot
$10,419,700 Zestimate®
$2,489/sqft
$-- HOA
What's special
Resort-style pool and spaOutdoor kitchenPowder roomFour en-suite bedroomsSeamless indoor-outdoor spaces
- 126 days
- 1,070
- 30
Zillow last checked:
Listing updated:
Listed by:
The Morehart Group 00828316 / 01130349 / 02025980 / 01319565 805-689-7233,
Compass,
Paige Marshall 02025980 805-450-4713,
Compass
Source: SBMLS,MLS#: 26-2000
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 4,400
- Total interior livable area: 4,400 sqft
Property
Lot
- Size: 0.5 Acres
Details
- Parcel number: 009181012
- Zoning: R-1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 2026
Community & HOA
Community
- Subdivision: 10 - Hedgerow
Location
- Region: Santa Barbara
Financial & listing details
- Price per square foot: $2,489/sqft
- Tax assessed value: $2,090,490
- Date on market: 6/16/2026
- Cumulative days on market: 127 days
- Listing terms: Cash
Estimated market value
$10,419,700
$9.90M - $10.94M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/9/2026 | Price change | $10,950,000+68.5%$2,489/sqft |
Source: | ||
| 6/16/2026 | Listed for sale | $6,500,000+217.2%$1,477/sqft |
Source: | ||
| 12/31/2024 | Sold | $2,049,500-8.9%$466/sqft |
Source: | ||
| 11/8/2024 | Pending sale | $2,250,000$511/sqft |
Source: | ||
| 8/5/2024 | Listed for sale | $2,250,000$511/sqft |
Source: | ||
| 5/1/2024 | Listing removed | -- |
Source: | ||
| 4/11/2024 | Listed for sale | $2,250,000$511/sqft |
Source: | ||
| 3/15/2024 | Pending sale | $2,250,000$511/sqft |
Source: | ||
| 7/14/2023 | Listed for sale | $2,250,000+15.4%$511/sqft |
Source: | ||
| 8/29/2022 | Sold | $1,950,000+15%$443/sqft |
Source: | ||
| 8/19/2022 | Pending sale | $1,695,000$385/sqft |
Source: | ||
| 8/16/2022 | Listed for sale | $1,695,000+9.3%$385/sqft |
Source: | ||
| 6/14/2011 | Sold | $1,551,000-1.5%$353/sqft |
Source: Public Record Report a problem | ||
| 3/31/2011 | Price change | $1,575,000-4.5%$358/sqft |
Source: Sotheby's International Realty - #11-541 Report a problem | ||
| 3/13/2011 | Price change | $1,650,000-7.6%$375/sqft |
Source: Sotheby's International Realty - #11-541 Report a problem | ||
| 2/18/2011 | Listed for sale | $1,785,000$406/sqft |
Source: NRT #11-541 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,090,490 +2% |
| 2025 | $21,211 +2.7% | $2,049,500 +3% |
| 2024 | $20,644 +1.9% | $1,989,000 +2% |
| 2023 | $20,257 +45.8% | $1,950,000 +46.8% |
| 2022 | $13,892 +56.1% | $1,328,007 +56.9% |
| 2021 | $8,897 +1% | $846,278 +1% |
| 2020 | $8,808 +3.1% | $837,601 +2% |
| 2019 | $8,541 +32.3% | $821,178 +32.6% |
| 2018 | $6,458 -66.3% | $619,290 -63.8% |
| 2017 | $19,157 +3.2% | $1,712,154 +2% |
| 2016 | $18,569 +3.9% | $1,678,584 +1.5% |
| 2015 | $17,870 | $1,653,371 +2% |
| 2014 | $17,870 | $1,620,985 +2.5% |
| 2012 | -- | $1,582,020 +505.1% |
| 2011 | -- | $261,455 +0.8% |
| 2010 | -- | $259,502 -0.2% |
| 2009 | -- | $260,119 +2% |
| 2008 | -- | $255,020 +2% |
| 2007 | -- | $250,021 +2% |
| 2006 | -- | $245,120 +2% |
| 2005 | -- | $240,314 +3.9% |
| 2003 | -- | $231,286 +2% |
| 2002 | -- | $226,752 +2% |
| 2001 | -- | $222,307 +2% |
| 2000 | -- | $217,949 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 93108
Nearby schools
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.




