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Off market
  • $17,632,800

    848 Picacho Ln, Santa Barbara, CA 93108

    6beds
    7,270sqft
    SingleFamily
    Built in ----
    -- sqft lot
    $17,632,800 Zestimate®
    $2,425/sqft
    $56,331 Estimated rent

    Home value

    $17,632,800

    $14.81M - $21.16M

    $56,331/mo

    Zestimate® history
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    What's special

    Sparkling pool and spaThree-car garageMeandering stone pathwaysDedicated staff quartersSeven luxurious bathsGrand motor courtCurated gardens

    Available for short-term furnished lease to a discerning resident keen on enjoying the Montecito lifestyle in the prestigious Golden Quadrangle. Tucked behind gates on one of Montecito's most coveted streets, this historic estate, originally built in 1930 at the height of the Roaring Twenties, has been masterfully reimagined by renowned architects Sorrell & Sorrell, blending Old World charm with contemporary luxury. Set on approximately 2.2 acres, the property offers unmatched privacy, curated gardens, and panoramic views that stretch from the Santa Ynez Mountains to the Pacific Ocean. This exceptional villa is a short stroll to the Upper Village and the iconic San Ysidro Ranch, with Butterfly Beach, Coast Village, and the Rosewood Miramar just minutes away. Yet it feels worlds apartlike a secluded hillside retreat in the South of France. Beyond the gated entry, a grand motor court welcomes you to a residence that celebrates artisanal craftsmanship and refined elegance. Inside, nearly every room opens to breathtaking vistas or intimate garden moments. The thoughtfully designed floor plan includes five ensuite bedrooms plus dedicated staff quarters, seven luxurious baths, a formal living room, and an elegant dining room ideal for entertaining. A chef's kitchen, outfitted with top-tier appliances and custom cabinetry, flows into multiple gathering spaces including a media room, wine cellar, billiards room, and gym. The primary suite is a true sanctuary, complete with dual spa-like baths, dual dressing rooms, and sweeping views. Outdoors, the estate unfolds into a series of lush garden rooms. Meandering stone pathways connect terraced lawns, rose gardens, fruit orchards, a romantic gazebo, and a charming pond. A sparkling pool and spa are flanked by ocean-facing patios and sun-drenched lounging areas, while hidden corners like the chicken coop and vegetable gardens add soul and self-sufficiency to this one-of-a-kind retreat. Additional features include a six-zone Sonos system, three-car garage, upper and lower gated access, and parking for up to nine additional vehicles. Every element of this estate from its architectural provenance to its serene grounds has been curated to offer a sense of peace, privacy, and place. This is not just a home; it is a legacy property meant to be experienced.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: SBMLS,MLS#: 26-1234

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 8
    • Full bathrooms: 7
    • 1/2 bathrooms: 1
    Appliances
    • Laundry: Laundry Room
    Interior area
    • Total interior livable area: 7,270 sqft

    Property

    Parking
    • Total spaces: 18
    • Details: Contact manager
    Features
    • Pool features: Outdoor Pool
    Details
    • Parcel number: 011100011

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: SingleFamily

    Community & HOA

    Location
    • Region: Santa Barbara

    Financial & listing details

    • Price per square foot: $2,425/sqft
    • Tax assessed value: $13,315,212
    • Date on market: 7/29/2026
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    8/6/2026Listing removed$89,000$12/sqft
    Source: SBMLS #26-1234 Report a problem
    7/29/2026Listed for rent$89,000$12/sqft
    Source: SBMLS #26-1234 Report a problem
    7/29/2026Listing removed$89,000$12/sqft
    Source: CLAW #26732253 Report a problem
    4/16/2026Listed for rent$89,000-11%$12/sqft
    Source: SBMLS #26-1234 Report a problem
    4/15/2026Listing removed$100,000$14/sqft
    Source: CLAW #25558439 Report a problem
    7/16/2025Listed for rent$100,000$14/sqft
    Source: CLAW #25558439 Report a problem
    7/16/2025Listing removed$100,000$14/sqft
    Source: SBMLS #25-2549 Report a problem
    7/2/2025Listed for rent$100,000-16.7%$14/sqft
    Source: SBMLS #25-2549 Report a problem
    7/2/2025Listing removed$120,000$17/sqft
    Source: CLAW #25495123 Report a problem
    6/3/2025Price change$120,000+21.2%$17/sqft
    Source: CLAW #25495123 Report a problem
    5/29/2025Price change$99,000-17.5%$14/sqft
    Source: CLAW #25495123 Report a problem
    2/6/2025Listed for rent$120,000$17/sqft
    Source: CLAW #25495123 Report a problem
    7/1/2024Listing removed--
    Source: SBMLS #23-1013 Report a problem
    9/27/2023Price change$120,000+33.3%$17/sqft
    Source: SBMLS #23-1013 Report a problem
    4/18/2023Listed for rent$90,000$12/sqft
    Source: SBMLS #23-1013 Report a problem
    4/5/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/15/2023Price change$90,000+12.5%$12/sqft
    Source: Zillow Rentals Report a problem
    11/1/2022Price change$80,000-10.1%$11/sqft
    Source: Zillow Rental Network_1 #22-166037 Report a problem
    9/2/2022Price change$89,000-6.3%$12/sqft
    Source: Zillow Rental Network_1 #22-166037 Report a problem
    6/12/2022Listed for rent$95,000-3.1%$13/sqft
    Source: Zillow Rental Network_1 #22-166037 Report a problem
    11/16/2021Listing removed--
    Source: CLAW Report a problem
    9/22/2021Listed for rent$98,000$13/sqft
    Source: CLAW #21735586 Report a problem
    5/7/2021Sold$12,060,000-12.3%$1,659/sqft
    Source: SBMLS #19-3152 Report a problem
    3/22/2021Pending sale$13,750,000$1,891/sqft
    Source: SBMLS #19-3154 Report a problem
    2/28/2020Price change$13,750,000-8.3%$1,891/sqft
    Source: Coldwell Banker Realty - Montecito #19-3154 Report a problem
    9/6/2019Listed for sale$15,000,000+172.7%$2,063/sqft
    Source: Coldwell Banker Residential Brokerage #19-3152 Report a problem
    8/11/2014Sold$5,500,000$757/sqft
    Source: SBMLS #14-1913 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $13,315,212 +2%
    2025$136,338 +1.9%$13,054,130 +2%
    2024$133,837 +1.9%$12,798,168 +2%
    2023$131,356 +1.7%$12,547,224 +2%
    2022$129,135 +14.2%$12,301,200 +14.3%
    2021$113,051 +1%$10,763,304 +1%
    2020$111,946 +21.9%$10,652,940 +21.9%
    2019$91,800 +14.2%$8,742,099 +14.5%
    2018$80,363 +38.7%$7,633,431 +39.9%
    2017$57,961 -1.1%$5,456,894 -2.3%
    2016$58,602 +1064.5%$5,583,875 +1.5%
    2015$5,033 $5,500,000 +1400.4%
    2014$5,033 $366,575 +2.5%
    2012-- $357,765 +2%
    2011-- $350,751 +0.8%
    2010-- $348,131 -0.2%
    2009-- $348,959 +2%
    2008-- $342,117 +2%
    2007-- $335,410 +2%
    2006-- $328,834 +2%
    2005-- $322,388 +3.9%
    2003-- $310,276 +2%
    2002-- $304,193 +2%
    2001-- $298,229 +2%
    2000-- $292,382
    Find assessor info on the county website

    Neighborhood: 93108

    Nearby schools

    GreatSchools rating
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