120 Montecito Ranch Ln Summerland, CA 93067
Estimated payment $418,440/month
Total Views
24,409
12
Beds
25
Baths
27,000
Sq Ft
$2,593
Price per Sq Ft
Highlights
- Ocean View
- Barn or Stable
- Home Theater
- Guest House
- Wine Cellar
- In Ground Pool
About This Home
Welcome to The Bella Vista Estate, a world renowned and truly exceptional private equestrian property spanning over 20 acres adjacent to coveted Montecito, CA. Boasting approximately 27,000 square feet of luxurious living space, this estate combines the grandeur of Neoclassical architecture inspired by the elegance of Italian and French 18th century Villa designs. With 12 bedrooms, 25 bathrooms, and an array of interior volume including a grand 34-foot-high formal marble entry framing explosive views of the Pacific Ocean and the Santa Ynez Mountains. This masterpiece includes large-scale living and dining rooms, a gourmet kitchen, breakfast room, family room, office/library, and a 5,000-bottle wine cellar with an adjacent tasting room. Every aspect of functionality and purpose has been meticulously considered while remaining consistent with its geographic setting. Entertainment options are abundant and include amenities such as a 20-seat movie theater, a gym, spa, beauty salon, sports bar, and disco/ballroom accommodating up to 200 guests as well as an Olympic length infinity swimming pool. A separate guest wing and two additional 2 + 1.5 guest houses ensuring ample accommodations for generational holidays. The entire estate possesses a breathtaking setting that's just steps away from the sparkling Pacific coastline and the stunning Santa Ynez Mountain Range. The property also features a regulation size polo field (approximately 10 acres) with an adjacent polo clubhouse and lounge, a pool house, helicopter hangar (w/ two studio lofts + 2 staff kitchens), and a 32-car auto gallery. Majestic grounds include exquisitely landscaped gardens with streams, ponds, and waterfall, a 330-yard driving range, a putting green and sand trap with swing analytics equipment. In addition, historic Monarch Butterfly habitats gently hug two of the estates patio areas. Unparalleled craftsmanship, the finest finishes, and an array of amenities converge to create one of the world's most remarkable private estates.
Listing Agent
Christie's International Real Estate SoCal License #01296524 Listed on: 02/11/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $368,704
Year Built
- Built in 2005
Lot Details
- 19.78 Acre Lot
- Property is zoned AG-I-20
Property Views
- Ocean
- Coastline
- Panoramic
- Woods
- Mountain
- Hills
Home Design
- Mediterranean Architecture
Interior Spaces
- 27,000 Sq Ft Home
- 2-Story Property
- Built-In Features
- Wine Cellar
- Family Room
- Living Room
- Dining Room
- Home Theater
- Home Office
- Library
- Bonus Room
- Home Gym
- Alarm System
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 12 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Auto Driveway Gate
- Driveway
Pool
- In Ground Pool
- In Ground Spa
Additional Features
- Guest House
- Barn or Stable
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 005-210-056
Map
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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 |
|---|---|---|---|---|
| 2023 | $368,704 | $33,665,395 | $6,767,777 | $26,897,618 |
| 2022 | $359,574 | $33,157,644 | $6,638,018 | $26,519,626 |
| 2021 | $351,669 | $32,469,849 | $6,510,803 | $25,959,046 |
| 2020 | $344,971 | $31,834,636 | $6,445,582 | $25,389,054 |
| 2019 | $288,477 | $26,851,606 | $6,322,140 | $20,529,466 |
| 2018 | $256,276 | $23,713,048 | $6,051,119 | $17,661,929 |
| 2017 | $252,612 | $23,213,775 | $5,932,471 | $17,281,304 |
| 2016 | $248,217 | $22,758,604 | $5,816,149 | $16,942,455 |
| 2014 | $230,508 | $21,977,640 | $5,616,569 | $16,361,071 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/18/2025 02/18/25 | For Sale | $70,000,000 | -- | -- |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,500,000 | New Conventional | |
| Open | $3,850,000 | Construction | |
| Closed | $50,000 | Construction | |
| Closed | $5,000,000 | Commercial | |
| Closed | $4,000,000 | Future Advance Clause Open End Mortgage | |
| Open | $16,500,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $7,250,000 | Unknown | |
| Closed | $0 | Unknown | |
| Closed | $16,500,000 | Unknown | |
| Closed | $16,000,000 | Unknown | |
| Closed | $25,000,000 | Unknown | |
| Closed | $10,000,000 | Construction |
Source: Public Records
Similar Home in Summerland, CA
Source: The MLS
MLS Number: 24-356083
APN: 005-210-056
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