$7,895,000
$400K PRICE DROP

145 Butterfly Ln Santa Barbara, CA 93108

Estimated payment $44,983/month

Total Views 12,814
6 Beds
5.5 Baths
4,997 Sq Ft
$1,580 Price per Sq Ft

Highlights

  • Detached Guest House
  • Home Theater
  • Mountain View
  • Santa Barbara Senior High School Rated A-
  • Solar Power System
  • Fireplace in Primary Bedroom

About This Home

Perfectly positioned on coveted Butterfly Lane just moments from Coast Village Road and Butterfly Beach, this beautifully remodeled Montecito retreat captures the essence of relaxed coastal living. The main residence offers 4 bedrooms and 4.5 baths in a light-filled, open layout designed for effortless indoor-outdoor flow. Vaulted ceilings, wide-plank floors, and refined finishes create a warm, modern aesthetic throughout. The spacious primary suite features dual walk-in closets and a spa-inspired bath with soaking tub and walk-in shower. A generous media/game room with built-in bar adds flexible living space ideal for entertaining. The chef's kitchen, complete with marble countertops, custom cabinetry, and premium appliances, opens seamlessly to the outdoor entertaining areas. Bi-fold doors lead to a private, low-maintenance backyard oasis with lush yet easy-care landscaping, built-in BBQ kitchen, dining terrace, fire feature, and multiple lounging spaces - perfect for year-round gatherings. A detached 2-bedroom, 1-bath guest cottage with its own parking provides a private retreat for visitors, extended family, or additional work-from-home flexibility. Set behind mature greenery for exceptional privacy, yet just a block from Montecito's most desirable destinations, this turnkey property offers the ideal blend of sophistication, comfort, and location. Located within the highly sought-after Montecito Union School District.

Listing Agent

Eric Haskell

The Agency License #01866805 Listed on: 03/02/2026

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 12,632 Sq Ft Lot
  • Property is zoned 20-R-1

Parking

  • 3 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,997 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Theater
  • Home Office
  • Wood Flooring
  • Mountain Views

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Water Purifier

Additional Features

  • Solar Power System
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 009-221-001

Home Details

Home Type

Single Family

Year Built

Built in 1920 | Remodeled

Lot Details

0.29 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 4997
  • Lot Acreage: 0.2900
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Year Built: 1920
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Primary Bedroom
  • Flooring: Wood
  • Bedrooms: 6
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Equipment: Barbeque, Built-Ins, Freezer, Dishwasher, Dryer, Range/Oven, Refrigerator, Solar Panels, Washer, Water Purifier
  • Fireplace: Yes
  • Price Per S Q F T: 1579.95

Exterior Features

  • Other Structures: GuestHouse
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 2
  • Parking Garage: Garage - 3 Car, Garage Is Attached, Driveway
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Forced Air
  • Security: Fire Sprinklers, Smoke Detector

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 009-221-001
  • Lot Size Area: 12632

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $37,517 $3,876,000 $2,550,000 $1,326,000
2023 $37,517 $3,350,201 $1,207,278 $2,142,923
2022 $36,238 $3,284,511 $1,183,606 $2,100,905
2021 $35,512 $3,220,110 $1,160,399 $2,059,711
2020 $35,178 $3,187,093 $1,148,501 $2,038,592
2019 $34,477 $3,124,602 $1,125,982 $1,998,620
2018 $33,844 $3,063,336 $1,103,904 $1,959,432
2017 $33,160 $3,003,271 $1,082,259 $1,921,012
2016 $32,123 $2,944,385 $1,061,039 $1,883,346
2014 $30,957 $2,843,349 $1,024,630 $1,818,719
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2026 03/24/26 Price Changed $7,895,000 -4.8% $1,580 / Sq Ft
03/02/2026 03/02/26 For Sale $8,295,000 +21.1% $1,660 / Sq Ft
04/09/2025 04/09/25 Sold $6,850,000 +1.1% $1,669 / Sq Ft View Prior Sale
02/24/2025 02/24/25 Pending -- -- --
02/21/2025 02/21/25 For Sale $6,775,000 +78.3% $1,650 / Sq Ft
05/24/2024 05/24/24 Sold $3,800,000 0.0% $1,706 / Sq Ft View Prior Sale
04/23/2024 04/23/24 For Sale $3,800,000 -- $1,706 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $6,850,000 Chicago Title Company
Grant Deed $3,800,000 Orange Coast Title
Grant Deed $2,775,000 Fidelity National Title Co
Interfamily Deed Transfer -- --
Individual Deed -- First American Title
Grant Deed -- First American Title
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $4,000,000 New Conventional
Previous Owner $1,942,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: The MLS

MLS Number: 26655027

The MLS

APN: 009-221-001

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