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  • $6,000,000

    789 Park Ln, Santa Barbara, CA 93108

    8beds
    --sqft
    Single Family Residence
    Built in 1928
    1.65 Acres Lot
    $6,215,600 Zestimate®
    $--/sqft
    $8,568 Estimated rent

    Home value

    $6,215,600

    $5.53M - $6.96M

    $8,568/mo

    Zestimate® history
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    What's special

    Sustainable gardensPrivacy hedgesMature oaksOlive groveWraparound outdoor verandasMedia room
    Located on an original site of the streets namesake Dr. Charles Caldwell Park originally built in 1928, a rare opportunity awaits to purchase 789 Park Lane, Montecito, 93108. An extraordinary opportunity where the meeting of prestigious and coveted Park Lane and East Mountain Drive. As you turn this site into this surreal slice of heaven. Listen to the birds chirp and pass by horses in the distance meandering in the large pasture across the roadway. This property upon completion will feel as though you live in your own 2 acre park with mature oaks, privacy hedges, olive grove and sustainable gardens. Designed by the renowned architect Britt Jewett AIA this brand new Spanish Revival Colonial 5BR, 5BA main house PLUS media room, study, gym, wraparound outdoor verandas, terraces, casita and roof deck with Ocean Views is a masterpiece in the making. Additional amenities; the swimmers pool, fountains, 7-car garage and guest house. Located within the most sought after Montecito Union School District. DO NOT WALK PROPERTY WITHOUT SPEAKING TO LISTING AGENTS!! Buyer did not preform. Expecting multiple offers. Call LB before writing.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lisa Sorrentino 00974656 818-355-4751,

    Rodeo Realty, Inc

    Bought with:

    Non Member Agent

    Non Member Office

    Source: SBMLS,MLS#: 25-987MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Built-In Gas Range, Built-In Electric Oven
    • Laundry: Laundry Room
    Features
    • Has fireplace: Yes
    • Fireplace features: Living Room, Primary Bedroom, Family Room

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage
    • Garage spaces: 2
    • Uncovered spaces: 5
    Features
    • Exterior features: Lawn
    • Fencing: Fenced
    • Has view: Yes
    • View description: Other, Mountain(s), Coastline, Trees/Woods
    • Has water view: Yes
    • Water view: Coastline
    Lot
    • Size: 1.65 Acres
    Details
    • Additional structures: ADU (Accessory Dwelling Unit)
    • Parcel number: 007090034
    • Zoning: E-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Custom Built,Colonial
    • Property subtype: Single Family Residence
    Materials
    • Roof: Tile
    Condition
    • Under Construction
    • New construction: Yes
    • Year built: 1928

    Utilities & green energy

    • Sewer: Other

    Community & HOA

    Location
    • Region: Santa Barbara

    Financial & listing details

    • Tax assessed value: $5,377,120
    • Annual tax amount: $64,286
    • Date on market: 3/10/2025
    • Cumulative days on market: 24 days
    • Listing terms: Ctnl

    Price history

    DateEventPrice
    4/4/2025Sold$6,000,000+0.1%
    Source: SBMLS #25-987 Report a problem
    4/3/2025Pending sale$5,995,000
    Source: CLAW #25507964 Report a problem
    3/25/2025Price change$5,995,000-10.5%
    Source: CLAW #25507964 Report a problem
    3/10/2025Listed for sale$6,699,999+27.6%
    Source: CLAW #25507964 Report a problem
    6/18/2021Sold$5,250,000
    Source: CLAW #20671534 Report a problem
    5/9/2021Pending sale$5,250,000
    Source: SBMLS #20-4764 Report a problem
    3/20/2021Listed for sale$5,250,000
    Source: SBMLS #20-4764 Report a problem
    3/11/2021Pending sale$5,250,000
    Source: SBMLS #20-4764 Report a problem
    3/1/2021Listed for sale$5,250,000
    Source: SBMLS #20-4764 Report a problem
    12/17/2020Listing removed$5,250,000
    Source: Compass #20658472 Report a problem
    11/10/2020Listed for sale$5,250,000+5%
    Source: Compass #20-4374 Report a problem
    1/19/2020Listing removed$18,000
    Source: Owner Report a problem
    1/9/2020Listed for rent$18,000
    Source: Owner Report a problem
    11/2/2019Listing removed$4,999,000
    Source: Coldwell Banker Residential Brokerage - Montecito #19-1474 Report a problem
    8/2/2019Price change$4,999,000-4.7%
    Source: Coldwell Banker Residential Brokerage - Montecito #19-1474 Report a problem
    6/25/2019Price change$5,245,000-4.5%
    Source: Coldwell Banker Residential Brokerage - Montecito #19-1474 Report a problem
    4/29/2019Listed for sale$5,495,000+61.6%
    Source: Coldwell Banker Residential Brokerage #19-1474 Report a problem
    2/15/2019Listing removed$18,000
    Source: Montecito #RN-14365 Report a problem
    5/30/2018Listed for rent$18,000
    Source: Montecito #RN-14365 Report a problem
    6/30/2004Sold$3,400,000
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$64,286 +12.7%$5,377,120 +1.6%
    2024$57,058 +1.4%$5,292,844 +1.6%
    2023$56,249 -2.2%$5,210,220 -2%
    2022$57,514 +1.5%$5,314,600 +96.8%
    2021$56,677 +103.4%$2,701,000 +10%
    2020$27,863 +1.2%$2,456,000
    2019$27,546 +7.2%$2,456,000 +7.9%
    2018$25,698 -6.4%$2,276,880 -7.3%
    2017$27,465 +6.1%$2,456,000 +5%
    2016$25,895 +7.3%$2,339,000 +2%
    2015$24,127 $2,293,000 +5%
    2014$24,127 $2,183,000 +15.5%
    2012-- $1,890,000 -10%
    2011-- $2,100,000 -43.9%
    2010-- $3,744,975 -0.2%
    2009-- $3,753,872 +2%
    2008-- $3,680,267 +2%
    2007-- $3,608,106 +2%
    2006-- $3,537,360 +2%
    2005-- $3,468,000 +924.4%
    2003-- $338,549 +2%
    2002-- $331,912 +2%
    2001-- $325,405 +2%
    2000-- $319,025
    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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