$19,500,000
UNDER CONTRACT $14M PRICE DROP

2925 Sycamore Canyon Rd Santa Barbara, CA 93108

Estimated payment $114,952/month

Total Views 51,260
7 Beds
8.5 Baths
10,700 Sq Ft
$1,822 Price per Sq Ft

Highlights

  • Guest House
  • Tennis Courts
  • 3.36 Acre Lot
  • Santa Barbara Senior High School Rated A-
  • Outdoor Pool
  • Vaulted Ceiling

About This Home

Magnificent and grand estate by architect George Washington Smith situated in the heart of Montecito on approximately 3.36+/- acres. Accessed through a private and gated entrance, this historic Spanish Colonial Revival estate features 7 beds, 8.5 baths, a modern gourmet kitchen, luxurious formal living and dining rooms, gorgeous bedrooms, groin vaulted ceilings, marble and hardwood floors, fireplaces in the wood paneled library/office, and tower guest house. Immaculate and exquisitely designed with sophisticated interiors and exteriors. The elegant primary suite features 2 spacious walk-in closets and dual en-suite bath. Stunning views of the majestic grounds can be observed from the various balconies throughout the estate. With a spectacular pool, tennis court, courtyard, rose gardens, family orchard, and luscious manicured grounds, this extremely private and gracious estate is an unprecedented offering.

Listing Agent

Cristal Clarke

Berkshire Hathaway HomeServices California Properties License #00968247 Listed on: 08/30/2024

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $132,690

Year Built

  • Built in 1922

Home Design

  • Spanish Architecture

Interior Spaces

  • 10,700 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace

Bedrooms and Bathrooms

  • 7 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Tennis Courts

Schools

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

Additional Features

  • 3.36 Acre Lot
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 009-070-011
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$132,690

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Year Built: 1922
  • Reso Property Sub Type: Home/Estate
  • Architectural Style: Spanish
  • Property Information Year Built2: 1922
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 3.36
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • GroundsLandscaping Pool: Yes
  • Amenities Guest House2: Yes
  • GroundsLandscaping Tennis Court(s)3: Yes
  • Style Spanish2: Yes
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 7

Exterior Features

  • Acres: 3.36
  • Exterior Features: Tennis Court(s), Pool

Schools

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

Lot Info

  • Parcel #: 009-070-011
  • Zoning: Other
  • Lot Size Sq Ft: 146361.6
  • 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
2025 $132,690 $12,929,993 $5,541,425 $7,388,568
2023 $132,690 $12,427,908 $5,326,246 $7,101,662
2022 $128,119 $12,184,224 $5,221,810 $6,962,414
2021 $125,434 $11,945,319 $5,119,422 $6,825,897
2020 $124,177 $11,822,835 $5,066,929 $6,755,906
2019 $121,154 $11,591,016 $4,967,578 $6,623,438
2018 $118,808 $11,363,742 $4,870,175 $6,493,567
2017 $116,717 $11,140,925 $4,774,682 $6,366,243
2016 $113,198 $10,922,476 $4,681,061 $6,241,415
2014 $109,756 $10,547,670 $4,520,430 $6,027,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2025 07/19/25 Price Changed $19,500,000 -22.0% $1,822 / Sq Ft
05/16/2025 05/16/25 Price Changed $24,995,000 -12.3% $2,336 / Sq Ft
02/14/2025 02/14/25 Price Changed $28,500,000 -13.6% $2,664 / Sq Ft
01/28/2025 01/28/25 Price Changed $33,000,000 +11.9% $3,084 / Sq Ft
11/22/2024 11/22/24 Price Changed $29,500,000 -10.6% $2,757 / Sq Ft
08/30/2024 08/30/24 For Sale $33,000,000 +214.3% $3,084 / Sq Ft
07/09/2012 07/09/12 Sold $10,500,000 -12.1% $993 / Sq Ft
07/09/2012 07/09/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $11,950,000 -- $1,130 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer $10,500,000 First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title
Grant Deed -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $8,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $8,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,000,000 Credit Line Revolving
Previous Owner $3,000,000 Credit Line Revolving
Previous Owner $5,000,000 Credit Line Revolving
Source: Public Records

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-2867

Santa Barbara Multiple Listing Service

APN: 009-070-011