NOT LISTED FOR SALE

256 Butterfly Ln Santa Barbara, CA 93108

Estimated Value: $3,778,062 - $4,621,000

3 Beds
2 Baths
1,635 Sq Ft
$2,591/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $3,200,000 $1,957 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $25,783/month

105 Days on Market

Highlights

  • Property is near an ocean
  • Fruit Trees
  • Property is near public transit
  • Santa Barbara Senior High School Rated A-
  • Mountain View
  • Cathedral Ceiling

About This Home

As of August 2023

A Secret Garden in the Lower Village! Become enchanted with 256 Butterfly Lane, a charming single-story ''Carmel Cottage'' tucked away in the heart of Montecito's Lower Village. Set back comfortably from Butterfly Ln on a spacious .29 acre lot, this three-bedroom, two bathroom home with a beautiful great room, vaulted ceilings, fireplace and spectacular mountain views presents an incredible opportunity for updating or expanding. Landscaping includes historic gardens as former part of adjacent estate. Located in Montecito Union School District, this property is just a short distance from Coast Village Rd, Butterfly Beach (hiway 101 pedestrian underpass), the Biltmore and the Rosewood Miramar Resort. This is the first time this home has been available in decades!

Last Agent to Sell the Property

Suding Murphy

Compass License #00678264 / 01233441 / 02017526 Listed on: 04/25/2023

Last Buyer's Agent

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,582

Year Built

  • Built in 1960

Lot Details

  • 0.29 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Fruit Trees
  • Property is in good condition
  • Property is zoned E-1

Parking

  • Garage

Home Design

  • Cottage
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,635 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Area
  • Mountain Views
  • Home Security System

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Property is near public transit
  • 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

Additional Features

  • Property is near an ocean
  • Forced Air Heating System

Community Details

  • Restaurant

Listing and Financial Details

  • Assessor Parcel Number 009-121-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,582

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Security System
  • Architectural Style: Cal Cottage
  • Reso Flooring: Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1960
  • Property Information Apx # Acres: 0.29
  • 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
  • Foundation:Slab: Yes
  • Exterior Wood Siding: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 1635.0
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • FlrWdw Coverings Carpet: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: LR

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Setting
  • Construction Type: Wood Siding
  • Acres: 0.29
  • Topography: Level
  • Exterior Features: Fruit Trees, Fenced: PRT
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Association/Amenities

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

Schools

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

Lot Info

  • Parcel #: 009-121-005
  • Zoning: E-1
  • Lot Size Sq Ft: 12632.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $3,200,000 -13.4% $1,957 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/14/2023 07/14/23 Price Changed $3,695,000 -7.5% $2,260 / Sq Ft
05/18/2023 05/18/23 Price Changed $3,995,000 -3.7% $2,443 / Sq Ft
04/25/2023 04/25/23 For Sale $4,150,000 -- $2,538 / 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 $34,582 $3,264,000 $2,550,000 $714,000
2023 $34,582 $536,879 $263,559 $273,320
2022 $7,048 $526,353 $258,392 $267,961
2021 $6,929 $516,033 $253,326 $262,707
2020 $6,875 $510,743 $250,729 $260,014
2019 $6,714 $500,729 $245,813 $254,916
2018 $6,612 $490,912 $240,994 $249,918
2017 $6,425 $481,287 $236,269 $245,018
2016 $6,220 $471,851 $231,637 $240,214
2014 $5,878 $455,661 $223,689 $231,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1097

Santa Barbara Multiple Listing Service

APN: 009-121-005