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Off market
  • $12,064,500

    565 Picacho Ln, Santa Barbara, CA 93108

    6beds
    6baths
    3,092sqft
    SingleFamily
    Built in 1937
    2 Acres Lot
    $12,064,500 Zestimate®
    $3,902/sqft
    $39,908 Estimated rent

    Home value

    $12,064,500

    $10.38M - $14.24M

    $39,908/mo

    Zestimate® history
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    Owner options

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    $39,908/mo

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    $39,908/mo

    Rent Zestimate®

    Refinance and save

    $76,672/mo

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    $76,672/mo

    Est. payment

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    What's special

    Located on Picacho Lane—arguably Montecito’s most sought after address—this enchanting country home sits on two acres, amidst sprawling lawns and flourishing gardens, and at the foot of the stunning Santa Ynez Mountain Range. Olive and palm trees line the inviting stone entryway. Its winsome façade leads into a home abounding with large windows and French doors, so that each room enjoys ample sunlight and access to the exceptional outdoor spaces.In the formal living and dining room, floor-to-ceiling, sliding French doors open onto the outdoor entertaining patio and exceptional lily pond. A fireplace warms the open space, and Sea Grass covered floors add a touch of warmth and understated luxury to the airy room. The kitchen, bathed in natural sunlight, offers custom cabinetry, oak floors, Carrera countertops, and top of the line appliances. Off the kitchen, the family room and spacious breakfast room provides a delightful living area that opens to the picturesque patio and vegetable garden.The master bedroom, resplendent and cozy, offers French doors opening onto its own private patio, shaded by a canopy of oak trees and overlooking the expansive property’s orchard and vegetable garden. The master bathroom boasts a soaking tub that also enjoys garden views, and an oversized walk-in shower with dual shower heads. An additional bedroom and an office (or fourth bedroom) lay adjacent to the master suite, both remarkably peaceful, cheerful, and bright with garden views. On the opposite end of the home, a guest suite enjoys ample privacy and its own entrance. A two-bedroom, two-bathroom guesthouse has its own gated driveway and garage. This charming cottage presents a spacious living room, eat-in kitchen, pitched ceilings and beautiful garden views.The grounds wrap around the entire property, enveloping the main house and guest cottage with breathtaking gardens. Aside from the boundless potential the open land offers, the property flaunts a poetic rose garden, a stately pond, an extensive vegetable garden, and numerous additional outdoor living areas. Jasmine lines the pathways, while olive and magnolia trees abound, offering plentiful shade.With such fine amenities, a most prestigious location, and striking surroundings, this home stands largely unparalleled among Montecito’s most sought-after properties.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,092 sqft

    Property

    Lot
    • Size: 2 Acres
    Details
    • Parcel number: 011180021

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1937

    Community & neighborhood

    Location
    • Region: Santa Barbara

    Price history

    DateEventPrice
    8/20/2013Sold$4,750,000-4%$1,536/sqft
    Source: SBMLS #13-855 Report a problem
    3/16/2013Listed for sale$4,950,000-6.5%$1,601/sqft
    Source: Village Properties #13-855 Report a problem
    11/28/2012Listing removed$5,295,000$1,712/sqft
    Source: Village Properties #11-2274 Report a problem
    6/8/2012Price change$5,295,000-9.5%$1,712/sqft
    Source: Village Properties #11-2274 Report a problem
    6/27/2011Listed for sale$5,850,000$1,892/sqft
    Source: Village Properties #11-2274 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$89,689 +2.3%$8,469,261 +2.5%
    2024$87,653 +1.9%$8,263,200 +2%
    2023$86,051 +1.6%$8,101,178 +2%
    2022$84,659 +54.7%$7,942,332 +57.1%
    2021$54,737 +8.9%$5,055,033 +9.4%
    2020$50,263 +22.9%$4,620,403 +23.2%
    2019$40,901 -24.6%$3,750,396 -25.6%
    2018$54,238 +1.9%$5,043,435 +2%
    2017$53,207 +3.2%$4,944,546 +2%
    2016$51,567 +1.8%$4,847,595 +1.5%
    2015$50,631 +2.7%$4,774,781 +3.1%
    2014$49,321 $4,631,250 +137.2%
    2012-- $1,952,558 +2%
    2011-- $1,914,273 +0.8%
    2010-- $1,899,967 -0.2%
    2009-- $1,904,481 +2%
    2008-- $1,867,140 +2%
    2007-- $1,830,530 +2%
    2006-- $1,794,639 +2%
    2005-- $1,759,451 +3.9%
    2003-- $1,693,339 +2.3%
    2002-- $1,656,040 +2%
    2001-- $1,623,570 +3.3%
    2000-- $1,572,129

    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: The MLS. 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 .
    $12,064,500
    2% more
    +$241K
    With Zillow Showcase(estimated)
    $12.3M