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Sold for $28,000,000
  • $28,000,000

    880 Picacho Ln, Santa Barbara, CA 93108

    5beds
    10,776sqft
    Residential, Single Family Residence
    Built in 2014
    2.59 Acres Lot
    $29,606,400 Zestimate®
    $2,598/sqft
    $137,970 Estimated rent

    Home value

    $29,606,400

    $24.28M - $35.53M

    $137,970/mo

    Zestimate® history
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    $175,791/mo

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    $175,791/mo

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    What's special

    Exemplifying the casual elegance of the Montecito lifestyle, this home has it all. Perfect for entertaining or as a private escape, this estate offers both sophisticated and meticulously appointed rooms, as well as the ability to live as a family home perfect for entertaining. Situated on 3.5 lushly landscaped acres (2 legal parcels with compound potential) and irrigated by private well, the home sits atop coveted Picacho Lane. Offering expansive ocean and mountain views from within the home as well as from patios, bedroom balconies and exterior entertaining areas. Designed with a versatile floorplan, the 5 bedroom main house and 2 bedroom + office/gym guest house were recently built with meticulous attention to detail, highest-quality finishes and well-designed spaces throughout.Incorporated into the design are 5-car garages accessed from 2 gated driveways, a separate home theater, lower level "bunk room", 2 laundry rooms, abundant storage options, separate mechanical room with easy access to all systems, temperature-controlled wine room with glass ceiling visible from main level den, gourmet kitchen with spacious butler's pantry offering additional appliances, dumbwaiter for easy transport up or down, and 2 outdoor dining BBQ areas. Additionally, there are floor to ceiling wood-and-glass pocket doors with pocket screens upstairs and down, opening up to the gorgeous sunrise-to-sunset views.The exterior offers a sports court (plenty of room to expand to full tennis court), bocce court, raised beds, organic orchards producing hundreds of pounds of fruit each year, children's play structures, rolling and flat lawns, and privacy in all directions.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sandy Stahl DRE # 01040095 805-689-1602,

    Sotheby's International Realty 805-969-9993

    Bought with:

    Out Of Area Out Of Area

    Out of Area

    Source: CLAW,MLS#: 25583005MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 8
    • Full bathrooms: 6
    • 1/2 bathrooms: 2
    Bedroom
    • Features: Walk-In Closet(s)
    Bathroom
    • Features: Double Vanity(s), Powder Room
    Kitchen
    • Features: Kitchen Island, Pantry
    Heating
    • Radiant, Forced Air, Floor Furnace
    Cooling
    • Central Air
    Appliances
    • Included: Gas Cooking Appliances, Gas/Electric Range, Double Oven, Dishwasher, Disposal, Washer, Refrigerator, Microwave
    • Laundry: Laundry Room
    Features
    • Dumbwaiter, Central Vacuum, Dining Area, Eat-in Kitchen
    • Flooring: Marble, Hardwood
    • Doors: Double Door Entry
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room
    Interior area
    • Total structure area: 10,776
    • Total interior livable area: 10,776 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - 4+ Car
    • Garage spaces: 6
    Features
    • Levels: Three Or More
    • Entry location: Foyer
    • Patio & porch: Covered, Patio
    • Pool features: In Ground
    • Spa features: In Ground, Fiberglass
    • Fencing: Other
    • Has view: Yes
    • View description: Ocean, Mountain(s), Coastline
    • Has water view: Yes
    • Water view: Ocean,Coastline
    Lot
    • Size: 2.59 Acres
    • Features: Back Yard, Lawn, Yard
    Details
    • Additional structures: Guest House, Detached Guest House
    • Parcel number: 011100063
    • Zoning: 2-E-1
    • Special conditions: Standard
    • Other equipment: Intercom

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential, Single Family Residence
    Materials
    • Stucco
    • Roof: Tile
    Condition
    • Year built: 2014

    Utilities & green energy

    • Water: Well, Public

    Community & neighborhood

    Security
    • Security features: Gated
    Location
    • Region: Santa Barbara

    Price history

    DateEventPrice
    12/10/2025Sold$28,000,000-19.9%$2,598/sqft
    Source: CLAW #25583005 Report a problem
    10/15/2025Pending sale$34,950,000$3,243/sqft
    Source: SBMLS #24-2020 Report a problem
    6/5/2025Price change$34,950,000-4.2%$3,243/sqft
    Source: SBMLS #24-2020 Report a problem
    7/26/2024Listed for sale$36,500,000+82.5%$3,387/sqft
    Source: SBMLS #24-2020 Report a problem
    4/6/2021Sold$20,000,000+81.8%$1,856/sqft
    Source: Agent Provided Report a problem
    11/5/2007Sold$11,000,000$1,021/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$202,607 +1.9%$19,483,778 +2%
    2024$198,875 +1.9%$19,101,744 +2%
    2023$195,172 +1.8%$18,727,200 +2%
    2022$191,808 +34.7%$18,360,000 +34.9%
    2021$142,443 +18.9%$13,605,467 +19.3%
    2020$119,769 +0.5%$11,400,000
    2019$119,220 -4.9%$11,400,000 -5%
    2018$125,408 -2.7%$12,000,000 -2.6%
    2017$128,919 +6.1%$12,317,000 +5%
    2016$121,499 +43.2%$11,730,000 +2%
    2015$84,837 $11,500,000 +41.4%
    2014$84,837 $8,131,069 +33.6%
    2012-- $6,086,262 -30.2%
    2011-- $8,714,580 +0.8%
    2010-- $8,649,451 -0.2%
    2009-- $8,670,000 +2%
    2008-- $8,500,000 +95.8%
    2007-- $4,342,079 +2%
    2006-- $4,256,941 +2%
    2005-- $4,173,473 +3.9%
    2003-- $4,016,652 +2.6%
    2002-- $3,913,385 +3.6%
    2001-- $3,776,652 +2%
    2000-- $3,702,600

    Find assessor info on the county website

    Neighborhood: 93108

    Nearby schools

    GreatSchools rating
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    $29,606,400
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    $30.2M