$1,550,000
$4M PRICE DROP

266 E Mountain Dr Montecito, CA 93108

Total Views 7,142
1.08 Acres
$1,435,185 Price per Acre
47,045 Sq Ft Lot

Highlights

  • Ocean View
  • Hilly Lot
  • Property is near schools and shops
  • Cold Spring Elementary School Rated A+

About This Lot

The lot overlooks Westmont College, & has unrestricted views of the Ocean, Santa Barbara Harbor, and the islands from the building pad. The pictures are taken while standing on the building pad for accurate reference. The property has MBAR approvals for a 4508 SF home with a 945 sf attached garage. The plan could be purchased separately, or the builder/owner could create a price to build the home with buyer upgrades. The plan design includes an elevator from the 5 car garage to both floors. Underground utility lines & conduits are in, including natural gas. The upper floor plan has views of the ocean from the great room, kitchen, master bedroom, bedroom 1, and the rap around front porch & veranda.

Listing Agent

Chuck Thomason

Chuck R. Thomason License #00892938 Listed on: 08/31/2025

Property Details

Property Type

  • Land

Lot Details

  • 1.08 Acre Lot
  • Hilly Lot
  • Mountainous Lot

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City
  • Mountain

Location

  • Property is near schools and shops

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Underground Utilities
  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 013-030-025

Property Details

Property Type

Land

Lot Details

1.08 Acres

Listing Details

  • Directions: East Mountain Dr. between Coyote & Cold Springs Rd.. Take the Upper Hyde Rd North, remaining on the main road to the left at all times. The road turns to gravel, and the lot is 400 feet to the East
  • Prop. Type: Land
  • Miscellaneous Pad Size: Needs Excavation
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Mountain
  • Road Frontage Type: Easement
  • Property Information Apx # Acres: 1.08
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Utility Info Water: Yes
  • View Panoramic2: Yes
  • LocationTopo Hilly2: Yes
  • LocationTopo Mountain3: Yes
  • Site Improvements Electric4: Yes
  • Site Improvements Underground Util: Yes
  • Site Improvements Telephone3: Yes
  • Utility Info Electric2: Yes
  • Utility Info Telephone2: Yes
  • Utility Info Cable2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • ViewOcean: Yes
  • View Harbor2: Yes
  • View Other27: Yes
  • View City4: Yes
  • WaterSewer Meter In: Yes
  • Utility Info Gas6: Yes
  • Site Improvements Gas7: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Other, Mountain(s), Ocean, City, Harbor, Panoramic
  • Acres: 1.08
  • Topography: Mountain, Hilly

Utilities

  • Utilities: Underground Utilities
  • Water Source: Meter In, Mont Wtr

Schools

  • Elementary School: Cold Spring
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 013-030-025
  • Zoning: R-1
  • Lot Size Sq Ft: 47044.8

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $3,450 $330,502 $330,502 --
2023 $3,450 $317,669 $317,669 $0
2022 $3,328 $311,441 $311,441 $0
2021 $3,258 $305,335 $305,335 $0
2020 $3,202 $302,205 $302,205 $0
2019 $3,163 $296,280 $296,280 $0
2018 $3,102 $290,471 $290,471 $0
2017 $3,050 $284,776 $284,776 $0
2016 $3,006 $279,193 $279,193 $0
2014 $253 $13,210 $13,210 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2025 08/31/25 For Sale $1,550,000 0.0% --
08/30/2025 08/30/25 Off Market $1,550,000 -- --
05/28/2025 05/28/25 Price Changed $1,550,000 -72.8% --
05/01/2025 05/01/25 For Sale $5,695,000 -- --
Source: Santa Barbara Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Chicago Title Company
Grant Deed $275,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Commercial
Previous Owner $175,000 Seller Take Back
Source: Public Records

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1730

Santa Barbara Multiple Listing Service

APN: 013-030-025

California Santa Barbara County Montecito 93108

266 E Mountain Dr, Montecito, CA

For Sale

Lots

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Chuck R. Thomason
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