$7,895,000
$400K PRICE DROP

1077 Summit Rd Santa Barbara, CA 93108

Estimated payment $49,372/month

Total Views 16,719
5 Beds
5 Baths
3,867 Sq Ft
$2,042 Price per Sq Ft

Highlights

  • Guest House
  • Spa
  • Updated Kitchen
  • Cold Spring Elementary School Rated A
  • Property is near an ocean
  • Fruit Trees

About This Home

Stop and smell the roses! Set amidst the backdrop of an unrivaled botanic treasure, a true Montecito jewel awaits. Evoking a sensory journey, the graceful residence & gardens invite a life of quiet beauty as it unfolds across 1 acre of lush landscaping, exquisite rose gardens & serene patios. Seamlessly flowing from outside in w high ceilings, rich wood floors, large windows & doors, entertaining is effortless. The kitchen, living & dining rooms & 4 bdrm suites, are filled w warmth & character in this mostly single level home. Outside, the story continues where stone-lined paths lead to a private guest cottage, koi pond, spa deck & romantic rose gazebo w mountain views. Moments from the Montecito Club, Lower Village & Butterfly Beach, this garden oasis welcomes you to a beautiful life!

Listing Agent

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514 Listed on: 05/13/2025

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $76,260

Year Built

  • Built in 1947

Lot Details

  • 1 Acre Lot
  • Gated Home
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Direct Access Garage

Home Design

  • Cottage
  • Raised Foundation
  • Tile Roof
  • Concrete Roof
  • Wood Siding

Interior Spaces

  • 3,867 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Built-In Gas Oven
  • Built-In Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Property is near an ocean
  • Deck
  • Patio
  • Gazebo

Additional Homes

  • Guest House

Location

  • Property is near a park
  • Property is near public transit
  • 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
  • Sewer Stub Out

Community Details

  • 2 Units
  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 009-091-017
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$76,260

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Directions: Exit Coast Village Roundabout at Hot Springs Road, continue straight and turn left onto Summit.
  • Prop. Type: Residential
  • Year Built: 1947
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Gate:Elec, Security System, Smoke Detector(s)
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood, Tile, Concrete
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1947
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Primary: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 3867.0
  • Construction Two Story2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Wet Bar2: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Proximity Near Bus: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Deck3: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • Foundation Raised: Yes
  • Rooms LbryStudy: Yes
  • GroundsLandscaping Gazebo2: Yes
  • Cooling Ceiling Fan(s): Yes
  • Fireplace(s) 24: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Gas Range, Built-In Gas Oven, Dishwasher, Double Oven, Dryer, Microwave, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Primary Bedroom, Family Room
  • Appliances Included:Double Oven2: Yes
  • Appliances Included:Built-In Gas Oven: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting
  • Construction Type: Wood Siding
  • Acres: 1.0
  • Topography: Level
  • Exterior Features: Deck, Patio Open, Hot Tub, Gazebo, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Raised
  • ConstructionSiding:Roof Concrete: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #2, Interior Access, Attached

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

  • Elementary School: Cold Spring
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 009-091-017
  • Zoning: R-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $76,260 $7,306,416 $3,788,512 $3,517,904
2023 $76,260 $7,022,700 $3,641,400 $3,381,300
2022 $73,643 $6,885,000 $3,570,000 $3,315,000
2021 $50,458 $4,675,258 $2,308,039 $2,367,219
2020 $49,612 $4,627,320 $2,284,373 $2,342,947
2019 $48,778 $4,536,589 $2,239,582 $2,297,007
2018 $47,880 $4,447,637 $2,195,669 $2,251,968
2017 $46,995 $4,360,429 $2,152,617 $2,207,812
2016 $45,576 $4,274,931 $2,110,409 $2,164,522
2015 $44,884 $4,210,718 $2,078,709 $2,132,009
2014 -- $4,128,236 $2,037,990 $2,090,246
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 Price Changed $7,895,000 -4.8% $2,042 / Sq Ft
05/13/2025 05/13/25 For Sale $8,295,000 +22.9% $2,145 / Sq Ft
06/04/2021 06/04/21 Sold $6,750,000 +5.9% $1,881 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $6,375,000 -- $1,777 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Grant Deed $6,750,000 Chicago Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $3,950,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed -- Fidelity National Title Co
Grant Deed $1,800,000 Equity Title Company
Gift Deed -- Equity Title Company
Grant Deed -- Chicago Title Co
Grant Deed -- --
Quit Claim Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,050,000 New Conventional
Previous Owner $750,000 New Conventional
Previous Owner $750,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,267,000 New Conventional
Previous Owner $1,480,000 New Conventional
Previous Owner $2,000,000 Unknown
Previous Owner $2,000,000 Unknown
Previous Owner $2,000,000 New Conventional
Previous Owner $300,000 Unknown
Previous Owner $1,440,000 No Value Available
Previous Owner $574,400 No Value Available
Previous Owner $203,150 No Value Available
Source: Public Records

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Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1874

Santa Barbara Multiple Listing Service

APN: 009-091-017