$12,500,000
PENDING

1623 Posilipo Ln Santa Barbara, CA 93108

Estimated payment $68,319/month

Total Views 3,477
3 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ocean Front
  • Guest House
  • No HOA
  • Santa Barbara Senior High School Rated A-
  • Wood Flooring
  • 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 otheran 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 1932

Lot Details

  • 8,276 Sq Ft Lot
  • Ocean Front
  • Property is zoned 1-E-1

Property Views

  • Ocean
  • Coastline
  • Mountain

Home Design

  • Cottage

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Open Patio
  • Guest House

Community Details

  • No Home Owners Association

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 1932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Levels: One
  • Street Number Display: Yes
  • Lot Acreage: 0.1900
  • Year Built: 1932
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0

Exterior Features

  • Other Structures: GuestHouse
  • Pool: No
  • Spa Yn: No
  • View: Coastline, Mountains, Ocean
  • View: Yes
  • Waterfront: Beach Front, Beach Access, Ocean, Ocean Front

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 007-372-007
  • Lot Size Area: 8276

Map

Range of Values:

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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: The MLS

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: The MLS

MLS Number: 25582037

The MLS

APN: 007-372-007