NOT LISTED FOR SALE

1297 E Mountain Dr Montecito, CA 93108

Estimated Value: $2,885,000 - $3,110,000

1 Acre
$3,016,667 Price per Acre
43,560 Sq Ft Lot

Sale Details

Date Sold: December 23, 2025

Last sale price $2,900,000

Est. 4% increase in value since last sale

Current estimated payment $16,304 / mo

208 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • Hiking Trails
  • Cold Spring Elementary School Rated A+

About This Lot

As of December 2025

This expansive 1-acre lot +/- presents an exceptional opportunity to create a bespoke estate in one of the region's most sought-after locations. Offering ocean and mountain views, the property provides a serene and private setting with ample space for a custom residence, guest house, pool, gardens, and more. With its mature landscaping, the lot is well-positioned to take full advantage of the natural beauty and tranquility of its surroundings. Whether envisioning a luxurious retreat, a multi-structure compound, or an investment opportunity, this rare offering provides endless possibilities for development. Ideally situated just moments from fine dining, boutique shopping, and scenic hiking trails, this remarkable property is a blank canvas awaiting its next chapter.

Last Agent to Sell the Property

Cristal Clarke

Berkshire Hathaway HomeService License #00968247 Listed on: 03/28/2025

Berkshire Hathaway HomeService

Last Buyer's Agent

Non Non Member

Unknown Office

Property Details

Property Type

  • Land

Lot Details

  • 1 Acre Lot
  • No Sprinklers

Property Views

  • Ocean
  • Mountain

Community Details

  • Golf Course Community
  • Hiking Trails

Listing and Financial Details

  • Tax Tract Number 15
  • Assessor Parcel Number 011260005
  • Seller Considering Concessions

Property Details

Property Type

Land

Lot Details

1 Acres

Listing Details

  • Assessments: No
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Property Type: Land
  • Parcel Number: 011260005
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 68.87

Exterior Features

  • View: Mountain(s), Ocean
  • Fence: No

Utilities

  • Sprinklers: No
  • Water Source: Other

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Golf, Hiking

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 43560.00
  • Lot Size Acres: 1.0000

Multi Family

  • Lot Size Area: 1.0000 Acres

Tax Info

  • Tax Tract Number: 15.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
Dec 16, 2025
Sold by
Bought by
Seller's Agent
Cristal Clarke
Berkshire Hathaway HomeService
Buyer's Agent
Non Non Member
Unknown Office
List Price
$3,000,000
Sold Price
$2,900,000
Premium/Discount to List
-$100,000
-3.33%
Views
36
Current Estimated Value
$3,016,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,667
Avg. Annual Appreciation
8.38%
Original Mortgage
$5,865,000
Outstanding Balance
$5,865,000
Interest Rate
6.22%
Mortgage Type
Construction
Estimated Equity
-$2,848,333

Purchase Details

Closed on
Dec 18, 2024
Sold by
Bought by

Purchase Details

Closed on
Dec 7, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 4, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,900,000 Chicago Title Company
$10,000,000 Chicago Title
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $5,865,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/23/2025 12/23/25 Sold $2,900,000 -3.3% --
10/22/2025 10/22/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $3,000,000 -- --
Source: Ventura County Regional Data Share

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $509 $1,825,000 $1,800,000 $25,000
2023 $509 $32,831 $23,535 $9,296
2022 $569 $32,188 $23,074 $9,114
2021 $561 $31,558 $22,622 $8,936
2020 $532 $31,236 $22,391 $8,845
2019 $358 $30,624 $21,952 $8,672
2018 $351 $30,024 $21,522 $8,502
2017 $346 $29,436 $21,100 $8,336
2016 $381 $28,860 $20,687 $8,173
2014 $372 $27,872 $19,978 $7,894
Source: Public Records

Agents Affiliated with this Home

  • Cristal Clarke

    Seller's Agent in 2025

    Cristal Clarke

    Berkshire Hathaway HomeService

    (805) 451-3474

    201 Total Sales

    Cristal Clarke
    Section Image

  • N

    Buyer's Agent in 2025

    Non Non Member

    Unknown Office

    (805) 981-2107

    335 Total Sales

    Non Non Member
    Section Image
See All Agents

Map

Source: Ventura County Regional Data Share

MLS Number: V1-28962

Ventura County Regional Data Share

APN: 011-260-005

California Santa Barbara County Montecito 93108

1297 E Mountain Dr, Montecito, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.