$4,500,000
$2M PRICE DROP

Estimated payment $27,075/month

Total Views 18,247
5 Beds
5.5 Baths
5,628 Sq Ft
$800 Price per Sq Ft

Highlights

  • Ocean View
  • Art Studio
  • 6 Acre Lot
  • Guest House
  • Spa
  • Fruit Trees

About This Home

Take a romantic tree-lined drive up Toro Canyon and escape to ''Rancho Encantado,'' a serene ocean-view retreat on 6 ± verdant acres in Montecito.

The gated estate boasts a private home with lush grounds, a tropical pool, and multiple outdoor living and entertainment areas. Adding to its allure, a seasonal creek and cascading waterfall infuse the property with natural charm.

Additionally, the property features a separate multi-level guest house with an ocean-view deck offering ample accommodation and leisure options, as well as flex space for a home office or gym.

With breathtaking ocean, island, and mountain views, this Montecito haven offers tranquility and luxury amidst enchanting oak forests and landscaped grounds adorned with fountains and sandstone boulders. This property promises a truly private and romantic escape.

Additional Notes: The main house features an additional downstairs (exterior accessed) flex space with a bathroom. This could be used as a guest space, yoga studio/gym, wine cellar, or office. It is close to the pool, so it could be used as a pool house as well. Much like the guest house, this space is very versatile.

This is a multi-level guest house with a view deck. There is a bathroom on each level, but based on the design, a kitchen would currently go upstairs. It is another very versatile space. You could live upstairs with a kitchen and use the downstairs for additional guest space, an office, or a gym.

Listing Agent

Gregoire & Real Estate Group

Compass License #02025022 / 01973461 Listed on: 06/24/2025

Compass

Co-Listing Agent

Austin Jones

Real Brokerage Technologies, Inc License #01937583

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,241

Year Built

  • Built in 1972

Lot Details

  • 6 Acre Lot
  • Gated Home
  • Artificial Turf
  • Hilly Lot
  • Fruit Trees
  • Property is in excellent condition

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Island
  • Mountain

Home Design

  • Spanish Architecture
  • Split Level Home
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 5,628 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Art Studio
  • Home Gym
  • Wood Flooring
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Maid or Guest Quarters

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Patio
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 155-020-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,241

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Directions: Take Toro Canyon all the way to the top. The gate is on the right.
  • Prop. Type: Residential
  • Year Built: 1972
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoSecurityFeatures: Gate:Elec, Security System
  • Co List Office Mls Id: RBROKERT
  • Co List Office Phone: 855-450-0442
  • Architectural Style: Other, Spanish
  • Reso Flooring: Hardwood
  • Garage Yn: Yes
  • Unit Levels: Split Level
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1972
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 6.0
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Hilly2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Rooms Family Room4: Yes
  • Dining Breakfast Bar2: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Rooms Art Studio2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • WaterSewer Pvt Well In: Yes
  • Construction Split Level: Yes
  • WaterSewer Septic In: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • View Islands: Yes
  • Pets Yes: Yes
  • Style Spanish2: Yes
  • Rooms:Den: Yes
  • GroundsLandscaping Artificial Turf: Yes
  • Fireplace(s) 24: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Primary Bedroom, Other

Exterior Features

  • Roof: Flat
  • View: Mountain(s), Islands, Ocean
  • Construction Type: Stucco
  • Acres: 6.0
  • Topography: Hilly
  • Exterior Features: Other, Pool, Patio Open, Hot Tub, Fruit Trees
  • Foundation Details: Mixed
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private, Mont Wtr
  • Heating:Forced Air: Yes

Schools

  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 155-020-017
  • Zoning: Other
  • Lot Size Sq Ft: 261360.0
  • ResoLotSizeUnits: Acres

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $31,241 $3,018,676 $1,894,072 $1,124,604
2023 $31,241 $2,901,459 $1,820,524 $1,080,935
2022 $30,186 $2,844,569 $1,784,828 $1,059,741
2021 $29,555 $2,788,794 $1,749,832 $1,038,962
2020 $29,264 $2,760,199 $1,731,890 $1,028,309
2019 $28,694 $2,706,079 $1,697,932 $1,008,147
2018 $28,245 $2,653,020 $1,664,640 $988,380
2017 $27,760 $2,601,000 $1,632,000 $969,000
2016 $27,284 $2,550,000 $1,600,000 $950,000
2015 $32,629 $3,042,000 $1,667,000 $1,375,000
2014 -- $2,765,000 $1,515,000 $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $4,500,000 0.0% $800 / Sq Ft
06/24/2025 06/24/25 For Sale $4,500,000 -9.1% $800 / Sq Ft
05/06/2025 05/06/25 Off Market $4,950,000 -- --
09/30/2024 09/30/24 Price Changed $4,950,000 -13.9% $880 / Sq Ft
07/15/2024 07/15/24 Price Changed $5,750,000 -8.0% $1,022 / Sq Ft
06/17/2024 06/17/24 For Sale $6,250,000 -- $1,111 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,550,000 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed -- Equity Title Company Santa B
Interfamily Deed Transfer -- Equity Title Company Santa B
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Interfamily Deed Transfer -- Stewart Title Of Ca Inc
Interfamily Deed Transfer -- --
Grant Deed -- Lawyers Title Company
Interfamily Deed Transfer -- --
Grant Deed -- First American Title
Interfamily Deed Transfer -- First American Title
Grant Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $775,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $500,000 Credit Line Revolving
Previous Owner $572,000 Unknown
Previous Owner $572,000 Unknown
Previous Owner $570,000 No Value Available
Previous Owner $200,000 Credit Line Revolving
Previous Owner $550,000 No Value Available
Previous Owner $356,200 Unknown
Previous Owner $360,000 No Value Available
Source: Public Records

Similar Homes in Santa Barbara, CA

  • 2899 Hidden Valley Ln, Santa Barbara, CA 93108

    $4,300,000

    • 4 Beds
    • 4.5 Baths
    • 4,018 Sq Ft
    • 2899 Hidden Valley Ln
    • Santa Barbara, CA

    Elegance meets tranquility at this stunning Palladian style estate on a quiet lane in Montecito. Custom built by craftsmen in 1996 to last for centuries, the architectural elements add character and offer timeless appeal. The soaring vaulted ceiling is adorned with an impressive wrought iron chandelier overseeing original iron fixtures, classic lighting functioning shutters and authentic wide

    Randy Haden Compass

    Section Image
  • 905 Laguna St, Santa Barbara, CA 93101

    $4,273,000

    • 4 Beds
    • 3.5 Baths
    • 3,120 Sq Ft
    • 905 Laguna St
    • Santa Barbara, CA

    Exquisite Spanish-Revival style in Coveted Downtown Locale. Experience refined living in this gated, Spanish Revival-style home, perfectly situated in one of downtown's most sought-after neighborhoods. The main floor showcases a gracious living room opening to a private courtyard, an inviting dining room, a cozy family room, a well-appointed gourmet kitchen, and a luxurious second primary suite.

    Maurie McGuire Sotheby's International Realty

    Section Image
  • 0 Paseo Del Ocaso, Santa Barbara, CA 93105

    $4,695,000

    • 6 Beds
    • 6.5 Baths
    • 4,029 Sq Ft
    • 0 Paseo Del Ocaso
    • Santa Barbara, CA

    Take a Second Look... Mission Canyon's Natural SanctuaryJust minutes from downtown and near the Santa Barbara Botanical Garden, this 14.59-acre retreat offers a tranquil escape with ocean breezes, island views, and mountain backdrops. The 4BR/4BA Spanish-style main home features vaulted ceilings, wood floors, a chef's kitchen, and French doors opening to sunlit patios. A 2BR/2.5BA second

    DeAnn Rochelle Keller Williams Realty Santa Barbara

    Section Image
  • 872 Ladera Ln, Santa Barbara, CA 93108

    $3,750,000

    • 3 Beds
    • 2.5 Baths
    • 2,726 Sq Ft
    • 872 Ladera Ln
    • Santa Barbara, CA

    Tucked away off a quiet Montecito lane, this soulful Spanish-contemporary retreat rests on over half an acre of lush, layered gardens with stone pathways, mature trees, native plantings, and a captivating backdrop of mountain views and ocean peeks. Clean architectural lines, vaulted ceilings, and expansive windows create a calm, light-filled atmosphere with effortless indoor-outdoor flow.

    Kelly Knight Berkshire Hathaway HomeServices California Properties

    Section Image
  • 595 Freehaven Dr, Santa Barbara, CA 93108

    $5,575,000

    • 5 Beds
    • 6.5 Baths
    • 6,041 Sq Ft
    • 595 Freehaven Dr
    • Santa Barbara, CA

    Outstanding to Experience, Newly Renovated 270 degree Panoramic View Sanctuary in Montecito. Impressive Gated Estate with enchanting and flexible living space, 5 to 6 Bedrooms & 6 Baths + Offices and huge terraces, offering elegance on 3.3 acres with tranquility & no neighbors in sight, yet minutes to town. Both a home and an investment providing a fantastic value for those seeking luxury in a

    Sherry Lawson Sotheby's International Realty

    Section Image
  • 595 Freehaven Dr, Santa Barbara, CA 93108

    $5,375,000

    • 5 Beds
    • 5.5 Baths
    • 6,041 Sq Ft
    • 595 Freehaven Dr
    • Santa Barbara, CA

    Outstanding Montecito 270 Panoramic View Sanctuary. Impressive Gated Estate with Flexible Living Space & Huge Terraces offering a remarkable Home & Investment on 3.3 acres w/tranquility & no neighbors in sight, yet minutes to town. Renovated & Elegant with 5 to 6 Bdrs/6bas + Office, soaring 18-20 ft ceilings & windows w/breathtaking views capturing the essence of nature. Also ideal for

    Sherry Lawson Sotheby's International Realty

    Section Image
  • 2850 Torito Rd, Santa Barbara, CA 93108

    $4,950,000

    • 3 Beds
    • 3.5 Baths
    • 3,335 Sq Ft
    • 2850 Torito Rd
    • Santa Barbara, CA

    Montecito Country Chic Living.Discover a stylish retreat where sophistication meets coastal charm. Nestled on a private Montecito lane, this ocean-view gem blends modern luxury with timeless elegance.Step inside and be welcomed by soaring ceilings, a gourmet entertainer's kitchen, and not one—but two—primary suites designed for ultimate comfort. Every room captures breathtaking views of

    Andrew Templeton Sotheby's International Realty

    Section Image
  • 670 Romero Canyon Rd, Santa Barbara, CA 93108

    $3,795,000

    • 4 Beds
    • 3.5 Baths
    • 1,409 Sq Ft
    • 670 Romero Canyon Rd
    • Santa Barbara, CA

    Multiple living structures on a large parcel in Montecito. A great opportunity in the heart of Montecito to enjoy the existing structures or build a new home. 0.93 acres of flat, highly usable land in a very desirable neighborhood. Super relaxing vibe featuring specimen trees and a general feeling of peace and serenity; a reminder of a simpler time. Property includes a main house of approximately

    Christopher Page Santa Barbara Estates

    Section Image
  • 2165 Veloz Dr, Santa Barbara, CA 93108

    $4,200,000

    • 4 Beds
    • 4 Baths
    • 3,485 Sq Ft
    • 2165 Veloz Dr
    • Santa Barbara, CA

    Unique Redwood Home in a serene setting located in Montecito. This spacious 4-bedroom, 4-bathroom home is nestled on a peaceful, tree-lined street. The architectural design features high ceilings and an abundance of large windows, allowing natural light to create a warm and inviting atmosphere that truly connects you to the outdoors. Hardwood floors extend throughout the home, complemented by a

    Stephanie Rachford Keller Williams Realty Santa Barbara

    Section Image

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-1762

Santa Barbara Multiple Listing Service

APN: 155-020-017