$1,550,000
$4M PRICE DROP

266 E Mountain Dr Montecito, CA 93108

Estimated payment $8,547/month

Total Views 1,541
1.08 Acres
$1,435,185 Price per Acre
47,045 Sq Ft Lot

Highlights

  • Hot Property
  • Ocean View
  • Property is near schools
  • Cold Spring Elementary School Rated A
  • Hilly Lot

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

Est. Annual Taxes

  • $3,450

Lot Details

  • 1.08 Acre Lot
  • Hilly Lot
  • Mountainous Lot

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • City
  • Mountain

Location

  • Property is near schools
  • Property is near 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

Est. Annual Taxes

$3,450

Lot Details

0

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Change Sq Ft Price
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
Closed $2,600,000 Commercial
Closed $675,000 New Conventional
Closed $600,000 New Conventional
Closed $140,000 Commercial
Closed $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