$24,500,000
$5M PRICE DROP

220 Montecito Ranch Ln Summerland, CA 93067

Estimated payment $141,190/month

Total Views 4,674
6 Beds
10 Baths
6,940 Sq Ft
$3,530 Price per Sq Ft

Highlights

  • Ocean View
  • Pool House
  • Estate
  • Accessory Dwelling Unit (ADU)
  • Property is near an ocean
  • 5 Acre Lot

About This Home

Where Montecito meets the sea, this newly completed 5-acre Mediterranean estate invites you to live the California dream. Located in Montecito Ranch Estates —a private enclave of just 7 homes w panoramic ocean & mountain views—the single-level floor plan effortlessly flows btwn refined interiors & expansive outdoor spaces designed for both intimate living and grand entertaining. The residence unfolds across airy living areas featuring a chef's kitchen, 4BD suites, a 2BD ADU & pool cabana, where luxury finishes—walnut, stone & marble—elevate everyday living. Outside, a luminous pool, ocean-facing terraces & manicured gardens embrace the sweeping coastline views & natural beauty beyond. Moments from Summerland, the Rosewood Miramar, & Polo Fields, this is the benchmark for luxury living.

Listing Agent

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514 Listed on: 05/07/2025

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,883

Year Built

  • Built in 2025

Lot Details

  • 5 Acre Lot
  • Gated Home
  • Partially Fenced Property
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Property Views

  • Ocean
  • Island
  • Coastline
  • Harbor
  • Panoramic
  • City
  • Mountain

Home Design

  • Estate
  • Mediterranean Architecture
  • Raised Foundation
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,940 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Gas Oven
  • Built-In Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Pool House
  • Spa
  • Outdoor Pool

Outdoor Features

  • Property is near an ocean
  • Covered patio or porch
  • Fireplace in Patio

Additional Homes

  • Accessory Dwelling Unit (ADU)
  • Number of ADU Units: 1
  • ADU built in 2025
  • ADU includes 1 Bedroom and 1 Bathroom
  • Kitchen Sink
  • Range Cooktop
  • Refrigerator
  • Stove

Location

  • Property is near a park
  • Property is near shops

Schools

  • Summerland Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • Shared Well
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 005-210-068
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 05 Summerland Subdivision

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,883

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 2025
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, Laundry Room
  • ResoSecurityFeatures: Gate:Elec, Security Camera, Security System, Smoke Detector(s), Fire Sprinkler System
  • Subdivision Name: 05 - Summerland
  • Architectural Style: Medit, Estate
  • Reso Flooring: Hardwood, Marble, Stone
  • Garage Yn: Yes
  • Unit Levels: Single Story, Outside Stairs
  • New Construction: No
  • Reso Other Structures: ADU (Accessory Dwelling Unit)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2025
  • Property Information Total #Units: 3
  • Property Information Apx # Acres: 5.0
  • NeighborhoodSchools Elementary School: Summerland
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • Property Information ADU: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • Security Fire Sprinkler System: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Marble2: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 6940.0
  • Property Information ADU Count: 1
  • Style Estate2: Yes
  • ParkingGarage Gar #33: Yes
  • Other Buildings ADU (Accessory Dwelling Unit): Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Security Security Camera2: Yes
  • FlrWdw Coverings Stone2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Hot Tub2: Yes
  • ViewOcean: Yes
  • View Coastline: Yes
  • View Islands: Yes
  • WaterSewer Shared Well: Yes
  • Laundry Gas Hookup2: Yes
  • ADU #1 Type2: ADU
  • ADU #1 Attached2: No
  • Style Medit2: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Foundation Raised: Yes
  • View Harbor2: Yes
  • Fireplace(s) Patio3: Yes
  • View City4: Yes
  • ADU #1 Year Built5: 2025
  • ADU #1 Beds: 2
  • ADU #1 Baths2: 2
  • ADU1 Kitchen Features Stove: Yes
  • ADU1 Kitchen Features Range: Yes
  • ADU1 Kitchen Features Refrigerator2: Yes
  • ADU1 Kitchen Features Sink: Yes
  • GroundsLandscaping Pool House2: Yes
  • Fireplace(s) 24: Yes
  • CondoCO-OPPUD Association Fee Frequency: Quarterly
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Gas Range, Built-In Gas Oven, Dishwasher, Disposal
  • Full Bathrooms: 8
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Living Room, Primary Bedroom, Family Room, Other, Gas, Patio
  • Other Rooms:Great Room: Yes
  • Appliances Included:Built-In Gas Oven: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Islands, Coastline, Ocean, City, Harbor, Panoramic
  • Construction Type: Stucco
  • Acres: 5.0
  • Exterior Features: Pool, Pool House, Patio Open, Patio Covered, Hot Tub, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: PRT
  • Foundation Details: Slab, Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Shared Well, Mont Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Quarterly
  • Association: No

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

  • Elementary School: Summerland
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 005-210-068
  • Zoning: Other
  • Lot Size Sq Ft: 217800.0
  • ResoLotSizeUnits: Acres

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
2023 $65,883 $685,172 $437,040 $248,132
2022 $8,182 $671,738 $428,471 $243,267
2021 $8,033 $658,568 $420,070 $238,498
2020 $7,961 $651,816 $415,763 $236,053
2019 $6,884 $639,036 $407,611 $231,425
2018 $6,778 $626,507 $399,619 $226,888
2017 $6,664 $614,224 $391,784 $222,440
2016 $6,551 $602,181 $384,102 $218,079
2014 $6,100 $581,519 $370,922 $210,597
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Price Changed $24,500,000 -16.9% $3,010 / Sq Ft
05/23/2025 05/23/25 For Sale $29,500,000 -- $3,624 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,500,000 Chicago Title Company
Grant Deed -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $460,000 New Conventional
Source: Public Records

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Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1803

Santa Barbara Multiple Listing Service

APN: 005-210-068