$19,500,000
$9M PRICE DROP

2925 Sycamore Canyon Rd Santa Barbara, CA 93108

Estimated payment $119,064/month

Total Views 47,697
7 Beds
9 Baths
10,573 Sq Ft
$1,844 Price per Sq Ft

Highlights

  • In Ground Pool
  • 3.36 Acre Lot
  • No HOA
  • Santa Barbara Senior High School Rated A-
  • Colonial Architecture
  • Views

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

Lot Details

  • 3.36 Acre Lot
  • Property is zoned 2-E-1

Home Design

  • 10,573 Sq Ft Home
  • Colonial Architecture

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 9 Bathrooms

Pool

  • In Ground Pool

Additional Features

  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 009-070-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$132,690

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Living Area: 10573
  • Lot Acreage: 3.3600
  • Year Built: 1922
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 7
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 9.00
  • Den: 0
  • Price Per S Q F T: 1844.32

Exterior Features

  • Pool: Yes
  • Spa Yn: No
  • View: Yes

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 009-070-011
  • Lot Size Area: 146362

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
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: The MLS

Purchase History

Date Type Sale Price Title Company
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
Open $8,000,000 Adjustable Rate Mortgage/ARM
Closed $8,000,000 Adjustable Rate Mortgage/ARM
Closed $2,000,000 Credit Line Revolving
Closed $3,000,000 Credit Line Revolving
Closed $5,000,000 Credit Line Revolving
Source: Public Records

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Source: The MLS

MLS Number: 25528737

The MLS

APN: 009-070-011