$3,895,000
SOLD JUL 3, 2025

240 Hot Springs Rd Santa Barbara, CA 93108

2 Beds
2 Baths
1,407 Sq Ft
0.43 Acres

Recently Sold

$2,768 Per Sq Ft

3% Below List Price

23 Days on Market

Highlights

  • Tennis Courts
  • Property is near an ocean
  • Reverse Osmosis System
  • Santa Barbara Senior High School Rated A-
  • Updated Kitchen
  • Craftsman Architecture

About This Home

As of July 2025

Soak up the sun! In the heart of Montecito, this single-level cottage is effortlessly stylish & endlessly inviting. Set behind a cheerful blue gate on nearly half an acre, it features sunlit interiors w hardwood floors, a wood-burning fireplace, and easygoing charm. The kitchen offers marble countertops, a dual Viking range, & custom cabinetry—ideal for dinner parties or casual nights in—while 2 bedrooms & 2 baths offer a cozy yet elegant retreat with room to grow. Outside, enjoy a private sports court, fire pit, Santa Maria style bbq, fruit trees, & dreamy al fresco dining area. Located in the MUS school district, near the beach, Montecito Club, & shopping and dining on Coast Village Road, this charming home invites you to settle into the Montecito lifestyle.

Last Agent to Sell the Property

Nancy Kogevinas

Berkshire Hathaway HomeServices California Properties License #01209514 Listed on: 05/21/2025

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Nell Grokenberger

Berkshire Hathaway HomeServices California Properties License #02135872

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,294

Year Built

  • Built in 1948

Lot Details

  • 0.43 Acre Lot
  • Gated Home
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in good condition
  • Property is zoned E-1

Parking

  • Garage

Home Design

  • Craftsman Architecture
  • Cottage
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,407 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Gas Range
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Property is near an ocean
  • Tennis Courts
  • Patio

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • Sewer Stub Out

Community Details

  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 009-103-004
  • Seller Concessions Offered
  • Seller Will Consider Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,294

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1948
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Gas Hookup, Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Gate:Elec, Security Camera, Security System, Smoke Detector(s)
  • Architectural Style: Cal Cottage, Craftsman
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1948
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 0.43
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s) Gas8: Yes
  • Security Security Camera2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Tennis Court(s)3: Yes
  • Laundry Gas Hookup2: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • Foundation Raised: Yes
  • Style Craftsman2: Yes
  • Status Information Seller Concessions3: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Dishwasher, Disposal, Dryer, Rev Osmosis, Washer, Wtr Softener/Owned
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Gas

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting
  • Construction Type: Wood Siding
  • Acres: 0.43
  • Topography: Level
  • Exterior Features: Tennis Court(s), Patio Open, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

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

Schools

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

Lot Info

  • Parcel #: 009-103-004
  • Zoning: E-1
  • Lot Size Sq Ft: 18730.8
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2025
Closed on
Jun 25, 2025
Sold by
Navarre Creek Llc
Bought by
George And Dana Zaloom Living Trust and Zaloom
Seller's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Nell Grokenberger
Berkshire Hathaway HomeServices California Properties
List Price
$3,995,000
Sold Price
$3,895,000
Premium/Discount to List
-$100,000
-2.5%
Total Days on Market
23
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-60.48%

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 23, 2020
Sold by
Meriwether Enterprises Llc
Bought by
Navarre Creek Llc
Seller's Agent
Zia Group
Keller Williams Realty Santa Barbara
Buyer's Agent
Todd Shea
Sotheby's International Realty
List Price
$1,950,000
Sold Price
$1,982,000
Premium/Discount to List
$32,000
1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.53%
Original Mortgage
$1,486,500
Interest Rate
1.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2018
Closed on
Oct 1, 2018
Sold by
Mozilo Ericf Ralph and Mozilo Terri
Bought by
Meriwether Enterprises Llc
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Zia Group
Keller Williams Realty Santa Barbara
List Price
$1,995,000
Sold Price
$1,800,000
Premium/Discount to List
-$195,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.76%

Purchase Details

Listed on
Apr 29, 2016
Closed on
May 23, 2016
Sold by
Lukas Jon
Bought by
Mozilo Family Revocable Living Trust and Mozilo Terri Mieko
Seller's Agent
Dan Encell
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Daniel Encell
Berkshire Hathaway HomeServices California Properties
List Price
$1,695,000
Sold Price
$1,585,000
Premium/Discount to List
-$110,000
-6.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%

Purchase Details

Listed on
Jul 10, 2012
Closed on
Jul 23, 2012
Sold by
Rhodehamel Nicholas H and Rhodehamel Elizabeth
Bought by
Lukas Jon
Seller's Agent
Pamela Regan
Village Properties
Buyer's Agent
Andria Kahmann
Berkshire Hathaway HomeServices California Properties
List Price
$1,350,000
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%

Purchase Details

Closed on
Oct 3, 2008
Sold by
Shallow Lillian G
Bought by
Rhodehamel Nicholas H and Rhodehamel Elizabeth
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,895,000 Chicago Title Company
Grant Deed $1,982,000 Chicago Title Company
Grant Deed $1,825,000 Chicago Title Co
Grant Deed $1,585,000 Chicago Title Company
Grant Deed $1,365,000 Chicago Title Company
Grant Deed -- Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,486,500 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $850,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Sold $3,895,000 -2.5% $2,768 / Sq Ft
06/13/2025 06/13/25 Pending -- -- --
06/07/2025 06/07/25 Off Market $3,995,000 -- --
05/21/2025 05/21/25 For Sale $3,995,000 +101.6% $2,839 / Sq Ft
10/29/2020 10/29/20 Sold $1,982,000 +1.6% $1,422 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $1,950,000 +8.3% $1,399 / Sq Ft
10/05/2018 10/05/18 Sold $1,800,000 -9.8% $1,291 / Sq Ft
09/15/2018 09/15/18 Pending -- -- --
08/05/2018 08/05/18 For Sale $1,995,000 +25.9% $1,431 / Sq Ft
07/05/2016 07/05/16 Sold $1,585,000 -6.5% $1,137 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $1,695,000 +25.6% $1,216 / Sq Ft
07/27/2012 07/27/12 Sold $1,350,000 0.0% $968 / Sq Ft
07/13/2012 07/13/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $1,350,000 -- $968 / Sq Ft
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 $23,294 $2,145,379 $1,353,040 $792,339
2023 $23,294 $2,062,072 $1,300,500 $761,572
2022 $22,524 $2,021,640 $1,275,000 $746,640
2021 $22,076 $1,982,000 $1,250,000 $732,000
2020 $20,836 $1,861,500 $1,224,000 $637,500
2019 $20,376 $1,825,000 $1,200,000 $625,000
2018 $18,560 $1,649,034 $1,248,480 $400,554
2017 $18,170 $1,616,700 $1,224,000 $392,700
2016 $15,922 $1,419,921 $884,200 $535,721
2015 $15,533 $1,398,593 $870,919 $527,674
2014 $15,300 $1,371,197 $853,859 $517,338
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1997

Santa Barbara Multiple Listing Service

APN: 009-103-004