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Closed
    • Tax assessed value
    $60,000,000

    700 Picacho Ln, Santa Barbara, CA 93108

    9beds
    13,362sqft
    Single Family Residence
    Built in 2009
    3.41 Acres Lot
    $61,375,200 Zestimate®
    $4,490/sqft
    $7,396 Estimated rent

    Home value

    $61,375,200

    $49.10M - $75.49M

    $7,396/mo

    Zestimate® history
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    What's special

    Tennis courtKoi pondChicken coopGenerous guest roomsTurn-key luxuryGrand primary suiteSprawling entertainment lawn
    700 Picacho Lane presents a rare and irreplaceable opportunity, ideally situated on Montecito's most coveted street, yet set discreetly down a long private drive, offering both privacy and prestige. The expansive, flat acreage unfolds into a sprawling entertainment lawn seamlessly connected to the main residence, all framed by breathtaking 360degree ocean/mtn views. Meticulously renovated and designed by the acclaimed Clements Design, the home is the epitome of turn-key luxury. Every amenity today's discerning buyer desires is thoughtfully incorporated: two guest houses, a state-of-the-art gym and wellness area, tennis court, home theater, grand primary suite, five generous guest rooms, catering kitchen, vegetable gardens for the home chef, koi pond, chicken coop the list is endless.

    Zillow last checked:

    Listing updated:

    Listed by:

    Riskin Partners Estate Group 01815307 / 01447045 / 01954177 / 01951069 805-565-8600,

    Village Properties

    Bought with:

    Riskin Partners Estate Group, 01815307 / 01447045 / 01954177 / 01951069

    Village Properties

    Tyrone D McKillen, 01915539

    Source: SBMLS,MLS#: 25-2593MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 14
    • Full bathrooms: 10
    • 1/2 bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Built-In Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Rev Osmosis, Washer
    • Laundry: Gas Dryer Hookup, Laundry Room
    Features
    • Flooring: Carpet, Hardwood, Marble, Stone
    • Has fireplace: Yes
    • Fireplace features: Living Room, Primary Bedroom, Family Room, Dining Room, Other, Gas, Patio
    Interior area
    • Total interior livable area: 13,362 sqft

    Property

    Parking
    • Parking features: Attached, Detached
    • Has attached garage: Yes
    Features
    • Patio & porch: Patio Open, Patio Covered
    • Exterior features: Tennis Court(s), Sauna, Lawn, Fruit Trees, Yard Irrigation T/O
    • Has private pool: Yes
    • Pool features: Outdoor Pool
    • Has spa: Yes
    • Spa features: SPA-Outside
    • Fencing: Fenced
    • Has view: Yes
    • View description: Mountain(s), Islands, Coastline, Ocean, Panoramic
    • Has water view: Yes
    • Water view: Islands,Coastline,Ocean
    Lot
    • Size: 3.41 Acres
    • Features: Level
    • Topography: Level
    Details
    • Additional structures: Other, Pool House
    • Parcel number: 011140024
    • Zoning: R-3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Estate
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Mixed
    • Roof: Slate
    Condition
    • Excellent
    • Year built: 2009

    Utilities & green energy

    • Sewer: Sewer Hookup
    • Water: Mont Wtr

    Community & HOA

    Location
    • Region: Santa Barbara

    Financial & listing details

    • Price per square foot: $4,490/sqft
    • Tax assessed value: $60,000,000
    • Date on market: 7/7/2025
    • Cumulative days on market: 82 days
    • Listing terms: Cash,Ctnl

    Price history

    DateEventPrice
    10/7/2025Sold$60,000,000-7.7%$4,490/sqft
    Source: SBMLS #25-2593 Report a problem
    9/26/2025Pending sale$65,000,000$4,865/sqft
    Source: SBMLS #25-2593 Report a problem
    7/7/2025Listed for sale$65,000,000+25%$4,865/sqft
    Source: SBMLS #25-2593 Report a problem
    3/23/2022Sold$52,000,000+16.9%$3,892/sqft
    Source: Public Record Report a problem
    9/30/2020Sold$44,500,000+1922.7%$3,330/sqft
    Source: Public Record Report a problem
    10/4/1994Sold$2,200,000$165/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $60,000,000 +8.7%
    2025$570,399 +1.9%$55,182,816 +2%
    2024$559,833 +3.9%$54,100,800 +4%
    2023$538,619 -0.2%$52,000,000 +14.6%
    2022$539,535 +17%$45,390,000 +2%
    2021$461,256 +146.3%$44,500,000 +148.2%
    2020$187,257 +2.3%$17,928,918 +2%
    2019$182,978 +2%$17,577,372 +2%
    2018$179,422 +1.8%$17,232,718 +2%
    2017$176,304 +3.1%$16,894,824 +2%
    2016$170,996 +3.1%$16,563,553 +1.5%
    2015$165,880 $16,314,754 +2%
    2014$165,880 $15,995,172 +2.5%
    2012-- $15,610,670 +2%
    2011-- $15,304,579 +0.8%
    2010-- $15,190,197 +26.5%
    2009-- $12,009,060 +22.5%
    2008-- $9,803,000 +30.7%
    2006-- $7,500,000 -13.3%
    2005-- $8,648,165 +3.9%
    2003-- $8,323,200 +2%
    2002-- $8,160,000 +330.6%
    2001-- $1,895,033 +2%
    2000-- $1,857,876
    Find assessor info on the county website

    Neighborhood: 93108

    Nearby homes

    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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    $61,375,200
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    +$1.23M
    With Zillow Showcase(estimated)
    $62.6M

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