Capturing the essence of Montecito, Il Ponticello is a timeless Mediterranean estate set on nearly two acres, framed by ocean, island & mountain views. Privately positioned on Knollwood Drive, a gated approach leads to an arched entry, where sightlines extend through the living room to a sunlit, ocean-view loggia. Designed for both daily living & entertaining, the main level balances formal living & dining with an open kitchen & family room, alongside the primary suite, guest bedroom & library. Upstairs, 3 ensuite bedrooms include a private suite with a view balcony. Mature oaks, expansive lawns & layered gardens define the grounds, complemented by two two-car garages & a guest apartment. Moments from Montecito's finest amenities, Il Ponticello is a legacy estate of enduring elegance.
Closed
Tax assessed value
$12,250,000
869 Knollwood Dr, Santa Barbara, CA 93108
6beds
8,480sqft
Single Family Residence
Built in 2001
1.91 Acres Lot
$12,453,500 Zestimate®
$1,445/sqft
$40,407 Estimated rent
Home value
$12,453,500
$11.21M - $13.82M
$40,407/mo
Zestimate® history
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List your homeWhat's special
Guest apartmentMature oaksGuest bedroomTwo two-car garagesLayered gardensPrimary suiteExpansive lawns
Zillow last checked:
Listing updated:
Listed by:
The Kogevinas Group 01209514 805-895-7706,
Berkshire Hathaway HomeServices California Properties
Bought with:
Riskin Partners Estate Group, 01815307 / 01447045 / 01954177 / 01951069
Village Properties
Source: SBMLS,MLS#: 26-182
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Refrigerator, Electric Range, Dishwasher, Dryer, Rev Osmosis, Washer, Water Softener Owned
- Laundry: Laundry Room
Features
- Flooring: Hardwood, Tile
- Has fireplace: Yes
- Fireplace features: Living Room, Primary Bedroom, Family Room, Other, Gas
Interior area
- Total structure area: 8,480
- Total interior livable area: 8,480 sqft
Property
Parking
- Parking features: Inside Entrance, Attached, Detached
- Has attached garage: Yes
Features
- Levels: Two
- Patio & porch: Patio, Covered
- Exterior features: Lawn, Fruit Trees, Yard Irrigation T/O
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s), Islands, Ocean
- Has water view: Yes
- Water view: Islands,Ocean
Lot
- Size: 1.91 Acres
Details
- Additional structures: Studio
- Parcel number: 007070037
- Zoning: E-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean,Estate
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab, Raised
- Roof: Tile
Condition
- Good
- Year built: 2001
Utilities & green energy
- Electric: 220 Volts in Laundry
- Sewer: Septic Tank
- Water: Shared Well, Mont Wtr
Community & HOA
Location
- Region: Santa Barbara
Financial & listing details
- Price per square foot: $1,445/sqft
- Tax assessed value: $12,250,000
- Date on market: 1/20/2026
- Cumulative days on market: 17 days
- Listing terms: Conventional,Cash
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2026 | Sold | $12,250,000$1,445/sqft |
Source:  SBMLS #26-182 Report a problem | ||
| 2/5/2026 | Pending sale | $12,250,000$1,445/sqft |
Source: SBMLS #26-182 Report a problem | ||
| 1/20/2026 | Listed for sale | $12,250,000$1,445/sqft |
Source: SBMLS #26-182 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $12,250,000 +146.2% |
| 2025 | $51,517 +1.9% | $4,975,209 +2% |
| 2024 | $50,563 +1.9% | $4,877,657 +2% |
| 2023 | $49,616 +1.6% | $4,782,018 +2% |
| 2022 | $48,848 +2.2% | $4,688,254 +2% |
| 2021 | $47,812 +1.1% | $4,596,329 +1% |
| 2020 | $47,296 +2.7% | $4,549,200 +2% |
| 2019 | $46,044 +2% | $4,460,001 +2% |
| 2018 | $45,141 +1.7% | $4,372,551 +2% |
| 2017 | $44,374 +3% | $4,286,816 +2% |
| 2016 | $43,086 +3% | $4,202,762 +1.5% |
| 2015 | $41,838 | $4,139,633 +2% |
| 2014 | $41,838 | $4,058,544 +2.5% |
| 2012 | -- | $3,960,985 +2% |
| 2011 | -- | $3,883,320 +0.8% |
| 2010 | -- | $3,854,298 -0.2% |
| 2009 | -- | $3,863,456 +2% |
| 2008 | -- | $3,787,703 +2% |
| 2007 | -- | $3,713,435 +2% |
| 2006 | -- | $3,640,624 +2% |
| 2005 | -- | $3,569,241 +3.9% |
| 2003 | -- | $3,435,124 +2% |
| 2002 | -- | $3,367,769 +2% |
| 2001 | -- | $3,301,735 +41% |
| 2000 | -- | $2,341,998 |
Find assessor info on the county website
Neighborhood: 93108
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Nearby schools
GreatSchools rating
- 10/10Montecito Union SchoolGrades: K-6Distance: 1.7 mi
- NASanta Barbara Unified Early ChildhoodGrades: Distance: 4.4 mi
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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- California
- Santa Barbara County
- Montecito
- 93108
- 869 Knollwood Dr
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