Janice Laney
Responds Quickly
Keller Williams Santa Barbara
(805) 865-7385
31 Total Sales
4 in Montecito
$1.4M - $4.7M Price Range
465 Hot Springs Rd Montecito, CA 93108
Montecito AreaEstimated Value: $3,547,000
9
Beds
14
Baths
13,560
Sq Ft
$262/Sq Ft
Est. Value
Highlights
- Accessory Dwelling Unit (ADU)
- Home Theater
- Property is near an ocean
- Santa Barbara Senior High School Rated A-
- Pool House
- Estate
About This Home
As of October 2025Unparalleled luxury coupled w artful & timeless design are brought to life at Montecito's meticulously reimagined Monte Arroyo Estate. A testament to rebirth & reinvention, this residence seamlessly blends old-world details w modern sophistication. Exclusivity & refinement await, complete w 9bd, 14 ba, expansive landscaping, a GH, wellness pavilion, pickleball court, & luxurious theater. Inside, you'll be captivated by thoughtful living spaces & lavish amenities, punctuated by elegance & flair. Outside, experience a botanical wonderland of serenity in the artfully curated gardens, sparkling pool & spa. Whether entertaining in style or unwinding in tranquility, this extraordinary residence is a private escape in the heart of Montecito. Embark on your legacy at Monte Arroyo Estate.
Last Agent to Sell the Property
Sotheby's International Realty License #01209514 Listed on: 08/20/2024
Last Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
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Home Details
Home Type
- Single Family
Year Built
- Built in 1910
Lot Details
- 3.86 Acre Lot
- Gated Home
- Fruit Trees
- Lawn
- Property is in excellent condition
- Property is zoned E-1
Parking
- Attached Garage
Home Design
- Estate
- Mediterranean Architecture
- Tile Roof
- Metal Roof
- Stucco
Interior Spaces
- 13,560 Sq Ft Home
- 2-Story Property
- Wet Bar
- Sound System
- Cathedral Ceiling
- Gas Fireplace
- Family Room with Fireplace
- Great Room
- Living Room with Fireplace
- Dining Room with Fireplace
- Formal Dining Room
- Home Theater
- Library
- Mountain Views
- Basement
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Remodeled Bathroom
- Guest Quarters
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Fire Sprinkler System
Pool
- Pool House
- Spa
Outdoor Features
- Property is near an ocean
- Open Patio
- Built-In Barbecue
Additional Homes
- Accessory Dwelling Unit (ADU)
- Number of ADU Units: 1
- ADU built in 2024
- ADU includes 1 Bedroom and 1 Bathroom
- Kitchen Sink
- Range Cooktop
- Refrigerator
- Stove
Schools
- Mont Union Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- Property is near schools and shops
- Forced Air Heating and Cooling System
Community Details
- 3 Units
- Restaurant
Listing and Financial Details
- Assessor Parcel Number 009-040-019
- Seller Considering Concessions
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 22, 2026
Sold by
Excelsior Holdings Llc
Bought by
Current Estimated Value
Purchase Details
Listed on
Nov 9, 2022
Closed on
Jan 9, 2024
Sold by
Hot Springs Acreage Llc
Bought by
Excelsior Holdings Llc
Seller's Agent
Nancy Kogevinas
Sotheby's International Realty
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$2,750,000
Sold Price
$2,400,000
Premium/Discount to List
-$350,000
-12.73%
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.69%
Purchase Details
Listed on
Nov 9, 2022
Closed on
Jan 4, 2024
Sold by
465 Hot Springs Road Llc
Bought by
Hot Springs Acreage Llc
Seller's Agent
Nancy Kogevinas
Sotheby's International Realty
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$2,750,000
Sold Price
$2,400,000
Premium/Discount to List
-$350,000
-12.73%
Views
24
Purchase Details
Listed on
Nov 9, 2022
Closed on
Dec 20, 2023
Sold by
465 Hot Springs Road Llc
Bought by
465 Hot Springs Road Llc
Seller's Agent
Nancy Kogevinas
Sotheby's International Realty
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
List Price
$2,750,000
Sold Price
$2,400,000
Premium/Discount to List
-$350,000
-12.73%
Views
24
Purchase Details
Listed on
Nov 9, 2022
Closed on
Oct 21, 2022
Sold by
Karpeles Trust and Mark Karpeles
Bought by
465 Hot Springs Road Llc
Seller's Agent
Nancy Kogevinas
Sotheby's International Realty
Buyer's Agent
Nancy Kogevinas
Berkshire Hathaway HomeServices California Properties
Views
1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,625,000
Interest Rate
6.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 11, 2000
Sold by
State Street Bank & Trust Company
Bought by
Karpeles David and Karpeles Marsha
Purchase Details
Closed on
May 2, 1995
Sold by
Lee Virginia A
Bought by
Karpeles Daid and Karpeles Marsha
Purchase Details
Closed on
Apr 3, 1995
Sold by
Arroyo Benjamin and Arroyo Magdalena
Bought by
Karpeles David and Karpeles Marsha
Purchase Details
Closed on
Feb 2, 1995
Sold by
Hall Debra Sue
Bought by
Karpeles David and Marpeles Marsha
Purchase Details
Closed on
Nov 16, 1994
Sold by
Den Anita Elena
Bought by
Karpeles David and Karpeles Marsha
Purchase Details
Closed on
Oct 28, 1994
Sold by
Goldie Sam S
Bought by
Karpeles David and Karpeles Marsha
Purchase Details
Closed on
Jan 30, 1994
Sold by
Trigueiro Sharon Ann
Bought by
Karpeles David and Karpeles Marsha
Purchase Details
Closed on
Nov 29, 1993
Sold by
Karpeles David
Bought by
Karpeles David and Karpeles Marsha
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Montecito, CA
-
Janice Laney
-
Tiffany Dore
Tiffany Dore
Village Properties
(805) 324-6641
23 Total Sales
2 in Montecito
$8.9M - $25.1M Price Range
-
Jason Saltoun
Jason Saltoun
Jason Saltoun-Ebin
(805) 617-1502
11 Total Sales
2 in Montecito
$3,148,820 Price Range
-
Tamra Van Order
Tamra Van Order
Responds QuicklyKeller Williams Realty Santa Barbara
(805) 308-6428
31 Total Sales
1 in Montecito
$5,400,000 Price
-
Lisa Scibird
Lisa Scibird
Berkshire Hathaway HomeServices California Properties
(805) 456-1528
5 Total Sales
1 in Montecito
$2,900,000 Price
-
Maurie McGuire
Maurie McGuire
Sotheby's International Realty
(805) 617-1644
22 Total Sales
5 in Montecito
$3.5M - $8.5M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $8,000,000 | Chicago Title Company | ||
| Excelsior Holdings Llc | $1,690,000 | Chicago Title Company | |
| Excelsior Holdings Llc | $2,400,000 | Chicago Title Company | |
| Hot Springs Acreage Llc | -- | Chicago Title | |
| Hot Springs Acreage Llc | -- | Chicago Title | |
| 465 Hot Springs Road Llc | -- | None Listed On Document | |
| 465 Hot Springs Road Llc | $11,500,000 | Chicago Title | |
| Karpeles David | $440,000 | First American Title | |
| Karpeles Daid | $110,000 | Equity Title Company | |
| Karpeles David | -- | Equity Title Company | |
| Karpeles David | $125,000 | Santa Barbara Title | |
| Karpeles David | $98,500 | First American Title | |
| Karpeles David | $83,000 | Equity Title Company | |
| Karpeles David | -- | First American Title | |
| Karpeles David | -- | Santa Barbara Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,138,450 | ||
| Previous Owner | 465 Hot Springs Road Llc | $2,500,000 | |
| Previous Owner | 465 Hot Springs Road Llc | $1,361,200 | |
| Previous Owner | 465 Hot Springs Road Llc | $8,625,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/03/2025 10/03/25 | Sold | $32,000,000 | -14.7% | $2,360 / Sq Ft | |
| 05/08/2025 05/08/25 | Pending | -- | -- | -- | |
| 01/23/2025 01/23/25 | Price Changed | $37,500,000 | -10.7% | $2,765 / Sq Ft | |
| 08/20/2024 08/20/24 | For Sale | $42,000,000 | +1650.0% | $3,097 / Sq Ft | |
| 01/12/2024 01/12/24 | Sold | $2,400,000 | +42.0% | -- | View Prior Sale |
| 01/12/2024 01/12/24 | Sold | $1,690,000 | -38.5% | -- | View Prior Sale |
| 12/14/2022 12/14/22 | Pending | -- | -- | -- | |
| 12/14/2022 12/14/22 | Pending | -- | -- | -- | |
| 11/11/2022 11/11/22 | Rented | -- | -- | -- | |
| 11/09/2022 11/09/22 | For Sale | $2,750,000 | +22.2% | -- | |
| 11/09/2022 11/09/22 | For Sale | $2,250,000 | 0.0% | -- | |
| 11/09/2022 11/09/22 | For Rent | $6,500 | -- | -- |
Source: Santa Barbara Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $17,896 | $1,758,276 | $1,758,276 | |
| 2025 | $17,896 | $1,723,800 | $1,723,800 | |
| 2024 | $12,133 | $951,966 | $920,754 | $31,212 |
| 2023 | $94,017 | $8,825,000 | $5,000,000 | $3,825,000 |
| 2022 | $16,181 | $1,321,261 | $217,692 | $1,103,569 |
| 2021 | $15,885 | $1,295,355 | $213,424 | $1,081,931 |
| 2020 | $15,752 | $1,282,074 | $211,236 | $1,070,838 |
| 2019 | $14,591 | $1,256,937 | $207,095 | $1,049,842 |
| 2018 | $14,335 | $1,232,292 | $203,035 | $1,029,257 |
| 2017 | $14,016 | $1,208,130 | $199,054 | $1,009,076 |
| 2016 | $13,585 | $1,184,442 | $195,151 | $989,291 |
| 2014 | $13,032 | $1,143,799 | $188,455 | $955,344 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Kogevinas
Seller's Agent in 2025
Nancy Kogevinas
Sotheby's International Realty
(805) 895-7706
176 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-2743
APN: 009-040-007
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This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
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