1297 E Mountain Dr Montecito, CA 93108
Estimated payment $16,642/month
Highlights
- Ocean View
- Property is near an ocean
- Property is near schools
- Cold Spring Elementary School Rated A
About This Lot
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. The 1-acre ± vacant lot is offered subject to the sale of the primary residence first.
Listing Agent
Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 03/21/2025

Open House Schedule
-
Sunday, August 03, 20251:00 to 3:30 pm8/3/2025 1:00:00 PM +00:008/3/2025 3:30:00 PM +00:00Add to Calendar
Property Details
Property Type
- Land
Est. Annual Taxes
- $509
Property Views
- Ocean
- Mountain
Location
- Property is near schools
- Property is near shops
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- Property is near an ocean
- 1 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 011-260-005
- Seller Considering Concessions
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 | $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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/27/2025 03/27/25 | For Sale | $3,000,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $10,000,000 | Chicago Title | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $7,000,000 | New Conventional | |
Previous Owner | $150,000 | Unknown | |
Previous Owner | $610,000 | Unknown |
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-1138

APN: 011-260-005
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