$12,500,000

1623 Posilipo Ln Santa Barbara, CA 93108

Estimated payment $68,846/month

Total Views 1,534
3 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Popular Property
  • Ocean Front
  • Wood Flooring
  • Santa Barbara Senior High School Rated A-
  • Maid or Guest Quarters
  • Cottage

About This Home

Awaken to the rhythm of the waves and the beauty of life at the beach, where every day feels like a timeless escape. This classic Montecito beach home has been cherished by the same family for generations and is now ready for new memories to be made. The heart of the residence is a striking redwood living room, where a warm fireplace anchors the space and the glow of sunset reflects across the rich wood, framing captivating ocean views. A series of doors open seamlessly to the outdoors, connecting to an ocean-view terrace on one side and a garden on the other—an idyllic setting to savor the views and the salty breeze. The main home offers two bedrooms and two baths, blending comfort with a rare connection to the sea. A separate detached guest quarters provides privacy and flexibility, perfect for hosting family or friends. Surrounded by vibrant landscaping, the outdoors flow effortlessly to the beach, where the shoreline becomes an extension of your backyard. Perfectly situated near Montecito's Lower Village and the Rosewood Miramar, this property offers an extraordinary opportunity to live with the coast as your constant companion.

Listing Agent

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 08/19/2025

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,841

Year Built

  • Built in 1919

Lot Details

  • 8,276 Sq Ft Lot
  • Ocean Front

Property Views

  • Ocean
  • Island
  • Coastline
  • Mountain

Home Design

  • Cottage

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • Heating Available

Additional Features

  • Patio
  • Property is near shops

Community Details

  • 2 Units
  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 007-372-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,841

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1919
  • Reso Property Sub Type: Home/Estate
  • Road Frontage Type: Oceanfront
  • ResoLotFeatures: Waterfront, Oceanfront
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood
  • Unit Levels: Single Story
  • Property Information Year Built2: 1919
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.19
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • GroundsLandscaping Patio Open2: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Amenities Guest Quarters2: Yes
  • ViewOcean: Yes
  • View Coastline: Yes
  • View Islands: Yes
  • LocationTopo Oceanfront2: Yes
  • Cooling None8: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room

Exterior Features

  • View: Mountain(s), Islands, Coastline, Ocean
  • Acres: 0.19
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Exterior Features: Patio Open

Utilities

  • Cooling: None
  • Heating: Other
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Mont Wtr

Schools

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

Lot Info

  • Parcel #: 007-372-007
  • Zoning: Other
  • Lot Size Sq Ft: 8276.4
  • ResoLotSizeUnits: Acres

Map

Range of Values:

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Average Value
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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 $8,841 $718,419 $500,727 $217,692
2023 $8,841 $690,524 $481,284 $209,240
2022 $8,585 $676,986 $471,848 $205,138
2021 $8,432 $663,713 $462,597 $201,116
2020 $8,362 $656,908 $457,854 $199,054
2019 $8,193 $644,028 $448,877 $195,151
2018 $8,061 $631,401 $440,076 $191,325
2017 $7,850 $619,022 $431,448 $187,574
2016 $7,601 $606,886 $422,989 $183,897
2015 $7,320 $597,771 $416,636 $181,135
2014 -- $586,062 $408,475 $177,587
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 For Sale $12,500,000 -- --
Source: Santa Barbara Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Gift Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Grant Deed -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

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Source: Santa Barbara Multiple Listing Service

MLS Number: 25-3131

Santa Barbara Multiple Listing Service

APN: 007-372-007