RENTED OCT 17, 2025

1703 E Valley Rd Montecito, CA 93108

Estimated Value: $4,492,000 - $6,753,000

4 Beds
3.5 Baths
3,205 Sq Ft
$1,799/Sq Ft Est. Value

About This Home

As of October 2025

Montecito Union School District! This romantic French Country 2-level estate in the heart of the golden quadrangle of Montecito offers 4 bedrooms and three and a half bathrooms with 3205 square feet of living space, plus an additional living unit with a bathroom above the garage, set on one acre. The quiet and private residence is set well off the main road, and reached by a long hedge-lined driveway. This updated home features imported antique French doors and tall windows throughout, a slate roof, and many thoughtful embellishments including custom iron work. Soaring beamed ceilings and tile and wood floors, the home is bathed in natural light with views outside of large oaks, olive trees, and gardens of lavender and rosemary. The entry features a large fountain, stone walkway, and trellises topped with flowering vines. The gourmet kitchen features a large island and commercial appliances. Outside the kitchen is an oak-canopied patio overlooking the garden below. The upper yard features a lawn and stone walls, framed with white roses. An outside fireplace completes the outside living space. In the Montecito Union School District. Long Term only.

Last Agent to Rent the Property

Chris Agnoli

Sun Coast Real Estate License #01132005 Listed on: 03/22/2025

Last Renter's Agent

Chris Agnoli

Sun Coast Real Estate License #01132005 Listed on: 03/22/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Interior Spaces

  • 3,205 Sq Ft Home
  • Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Listing and Financial Details

  • Property Available on 5/1/25
  • Assessor Parcel Number 007-181-002

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Home/Estate
  • Property Information:Date Available: 2025-05-01
  • Property Information Total Bathrooms2: 3.5
  • Property Information Year Built3: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Lot Info

  • Parcel #: 007-181-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2023
Sold by
Green Erwin and Green Janee Michele
Bought by
Erwin Green And Michele Janee 2023 Family Tru and Green
Current Estimated Value
$5,766,452

Purchase Details

Closed on
Apr 10, 2020
Sold by
Gilligan William J and Gilligan Jayne M
Bought by
Green Erwin and Green Janee Michele

Purchase Details

Closed on
Aug 30, 2000
Sold by
Riskin Ralph and Riskin Rebecca
Bought by
Gilligan William J and Gilligan Jayne M

Purchase Details

Closed on
Aug 9, 1999
Sold by
Rintels David W and Riskin Victoria
Bought by
Riskin Ralph and Riskin Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 1998
Sold by
Hernandez David A and Hernandez Kathryn A J
Bought by
Rintels David W and Riskin Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 1994
Sold by
Burton George Richard and Burton Betty Jane
Bought by
Hernandez David A and Hernandez Kathryn A J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
8.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Erwin Green And Michele Janee 2023 Family Tru -- None Listed On Document
Green Erwin $900,000 Fidelity National Title Co
Gilligan William J -- Lawyers Title Company
Riskin Ralph -- Lawyers Title Company
Riskin Ralph -- Lawyers Title Company
Rintels David W -- Chicago Title Co
Hernandez David A $476,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riskin Ralph $750,000
Previous Owner Rintels David W $650,000
Previous Owner Hernandez David A $357,000
Closed Riskin Ralph $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2025 10/17/25 Rented -- -- --
10/17/2025 10/17/25 Price Changed $25,000 +56.3% $8 / Sq Ft
08/31/2025 08/31/25 Price Changed $16,000 -20.0% $5 / Sq Ft
06/08/2025 06/08/25 Price Changed $20,000 -13.0% $6 / Sq Ft
04/16/2025 04/16/25 Price Changed $23,000 -8.0% $7 / Sq Ft
03/22/2025 03/22/25 For Rent $25,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

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 $32,464 $3,040,900 $929,598 $2,111,302
2023 $32,464 $2,922,819 $893,501 $2,029,318
2022 $31,412 $2,865,510 $875,982 $1,989,528
2021 $24,559 $2,209,324 $858,806 $1,350,518
2020 $11,876 $1,122,000 $1,122,000 $0
2019 $29,275 $2,684,384 $1,722,278 $962,106
2018 $14,630 $1,264,779 $595,937 $668,842
2017 $39,017 $3,628,899 $1,947,531 $1,681,368
2016 $37,833 $3,557,745 $1,909,345 $1,648,400
2015 $37,160 $3,504,305 $1,880,665 $1,623,640
2014 -- $3,435,662 $1,843,826 $1,591,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1145

Santa Barbara Multiple Listing Service

APN: 007-181-002