1071 E Mountain Dr Santa Barbara, CA 93108
Estimated payment $43,635/month
Highlights
- Additional Residence on Property
- Property is near an ocean
- Updated Kitchen
- Cold Spring Elementary School Rated A+
- Custom Home
- Mountain View
About This Home
Discover an extraordinary opportunity in the heart of Montecito: a private, manicured 1.33± acre estate featuring two separate homes, thoughtfully designed for versatility and luxury.
The main residence, a newly constructed single-level home inspired by the iconic San Ysidro Ranch style, is a true architectural masterpiece. Every detail has been curated with precision—from Venetian plaster walls and vaulted ceilings to wide-plank oak floors and handcrafted wrought iron glass doors that open to serene gardens. The home offers three bedrooms and 2.5 baths, complemented by a chef's kitchen with premium finishes, creating an atmosphere of refined elegance and comfort.
The second residence, a charming mid-century modern cottage, exudes character with its vaulted wood ceilings, Brazilian cherry floors, and cozy gas fireplace. This one-bedroom, one-bath retreat is ideal as a guest house, private studio, or income-generating rental.
Each home enjoys its own driveway for privacy, with the main residence securely gated. Together, they form a tranquil compound perfectly suited for dual living, extended family, or hosting guests in style.
This rare property combines timeless design, modern amenities, and exceptional flexibilityall in one of Montecito's most coveted locations.
Home Details
Home Type
- Single Family
Year Built
- Built in 2025
Lot Details
- 1.33 Acre Lot
- Level Lot
- Property is in excellent condition
Parking
- Carport
Home Design
- Custom Home
- Midcentury Modern Architecture
- Cottage
- Raised Foundation
- Slab Foundation
- Composition Roof
- Metal Roof
- Wood Siding
Interior Spaces
- 2,661 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Gas Fireplace
- Double Pane Windows
- Dining Area
- Wood Flooring
- Mountain Views
Kitchen
- Updated Kitchen
- Breakfast Bar
- Gas Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Remodeled Bathroom
Laundry
- Laundry Room
- 220 Volts In Laundry
Location
- Property is near a park
- Property is near public transit
- Property near a hospital
- Property is near schools
- Property is near shops
- Property is near a bus stop
Schools
- Cold Spring Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Septic System
- Cable TV Available
Additional Features
- Property is near an ocean
- Additional Residence on Property
Community Details
- 2 Units
- Restaurant
Listing and Financial Details
- Assessor Parcel Number 011-040-019
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,946 | $2,023,241 | $1,421,738 | $601,503 |
| 2023 | $20,946 | $1,944,678 | $1,366,531 | $578,147 |
| 2022 | $26,223 | $2,473,500 | $2,040,000 | $433,500 |
| 2021 | $25,668 | $2,425,000 | $2,000,000 | $425,000 |
| 2020 | $22,389 | $2,129,698 | $2,017,611 | $112,087 |
| 2019 | $21,888 | $2,087,940 | $1,978,050 | $109,890 |
| 2018 | $21,460 | $2,047,001 | $1,939,265 | $107,736 |
| 2017 | $21,098 | $2,006,865 | $1,901,241 | $105,624 |
| 2016 | $20,515 | $1,967,515 | $1,863,962 | $103,553 |
| 2014 | $19,961 | $1,900,000 | $1,800,000 | $100,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/18/2025 11/18/25 | For Sale | $7,995,000 | +106.4% | $3,005 / Sq Ft | |
| 08/29/2022 08/29/22 | Off Market | $3,873,000 | -- | -- | |
| 08/26/2022 08/26/22 | Sold | $3,873,000 | +0.6% | $2,770 / Sq Ft | View Prior Sale |
| 07/27/2022 07/27/22 | Pending | -- | -- | -- | |
| 06/27/2022 06/27/22 | For Sale | $3,850,000 | +58.8% | $2,754 / Sq Ft | |
| 08/28/2020 08/28/20 | Sold | $2,425,000 | +5.4% | $1,735 / Sq Ft | View Prior Sale |
| 08/28/2020 08/28/20 | Pending | -- | -- | -- | |
| 08/28/2020 08/28/20 | For Sale | $2,300,000 | 0.0% | $1,645 / Sq Ft | |
| 03/28/2019 03/28/19 | Rented | $3,600 | 0.0% | -- | |
| 03/28/2019 03/28/19 | Under Contract | -- | -- | -- | |
| 03/09/2019 03/09/19 | For Rent | $3,600 | 0.0% | -- | |
| 02/15/2017 02/15/17 | Rented | $3,600 | +2.9% | -- | |
| 02/15/2017 02/15/17 | Under Contract | -- | -- | -- | |
| 01/27/2017 01/27/17 | For Rent | $3,500 | -2.8% | -- | |
| 01/13/2014 01/13/14 | Rented | -- | -- | -- | |
| 01/13/2014 01/13/14 | For Rent | $3,600 | 0.0% | -- | |
| 07/17/2013 07/17/13 | Sold | $1,900,000 | 0.0% | $1,359 / Sq Ft | View Prior Sale |
| 07/17/2013 07/17/13 | Sold | $1,900,000 | -11.6% | $1,359 / Sq Ft | View Prior Sale |
| 05/30/2013 05/30/13 | Pending | -- | -- | -- | |
| 05/30/2013 05/30/13 | Pending | -- | -- | -- | |
| 04/21/2013 04/21/13 | For Sale | $2,150,000 | 0.0% | $1,538 / Sq Ft | |
| 04/21/2013 04/21/13 | For Sale | $2,150,000 | -- | $1,538 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,873,000 | Chicago Title | |
| Grant Deed | $2,425,000 | Chicago Title Company | |
| Grant Deed | $1,900,000 | Chicago Title Company | |
| Grant Deed | $1,975,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | New Conventional | |
| Previous Owner | $1,224,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,481,250 | Unknown |
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-4182
APN: 011-040-019
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