$3,000,000
OPEN SUN 1PM - 3:30PM

1297 E Mountain Dr Montecito, CA 93108

Estimated payment $16,642/month

Total Views 7,147
1 Acre
$3,000,000 Price per Acre
43,560 Sq Ft Lot

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

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 03/21/2025

Berkshire Hathaway HomeServices California Properties

Open House Schedule

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

Property Details

Property Type

Land

Est. Annual Taxes

$509

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • ViewOcean: Yes
  • Special Features: OpenHouse
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Ocean
  • Acres: 1.0

Utilities

  • Water Source: Mont Wtr

Schools

  • Elementary School: Mont Union
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 011-260-005
  • Zoning: Other
  • Lot Size Sq Ft: 43560.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 $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

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 For Sale $3,000,000 -- --
Source: Santa Barbara Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Grant Deed $10,000,000 Chicago Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

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: Public Records

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1138

Santa Barbara Multiple Listing Service

APN: 011-260-005