NOT LISTED FOR SALE

595 Picacho Ln Santa Barbara, CA 93108

Estimated Value: $7,378,000 - $31,299,884

7 Beds
10.5 Baths
7,799 Sq Ft
$2,480/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $30,242,500 $3,878 Per Sq Ft

Est. 36% decrease in value since last sale

Current estimated payment $125,650/month

167 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Art Studio
  • Sauna
  • Santa Barbara Senior High School Rated A-
  • Outdoor Pool
  • Estate

About This Home

As of April 2024

This is the legacy estate you've waited for! Set on 3.5, flat acres in the heart of Montecito, the residence, grounds, guest house, wellness pavilion, and studio were transformed by a thoughtful, comprehensive renovation and expansion. Every detail of the estate has been carefully considered to create an unrivaled lifestyle experience that marries luxe design with easy, modern livability. Entertaining is a dream with public spaces opening to the back terrace, pool, outdoor kitchen, and the firepit beyond. The gracious main floor primary suite features dual baths and two private terraces while 4 additional bedroom suites + a guest house offer beautiful accommodations for loved ones. Lush grounds are kept verdant from a private well. Enjoy this A+ Picacho location for generations to come!

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 09/26/2023

Last Buyer's Agent

Calcagno & Hamilton

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $253,119

Year Built

  • Built in 2023

Lot Details

  • 3.5 Acre Lot
  • Gated Home
  • Corner Lot
  • Level Lot
  • Irrigation
  • Lawn
  • Property is in excellent condition

Parking

  • Direct Access Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Estate
  • Brick Exterior Construction
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 7,799 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Art Studio
  • Sauna
  • Home Gym
  • Home Security System
  • Basement

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Built-In Gas Range
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Patio
  • Built-In Barbecue

Additional Homes

  • Accessory Dwelling Unit (ADU)
  • Number of ADU Units: 1
  • ADU built in 2023
  • ADU includes 1 Bedroom and 1 Bathroom
  • Kitchen Sink
  • Range Cooktop
  • Refrigerator
  • Stove

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 011-180-020

Community Details

Amenities

  • Restaurant

Recreation

  • Bocce Ball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$253,119

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Directions: From East Valley, turn left onto Picacho Lane. 595 Picacho Lane is on the left.
  • Prop. Type: Residential
  • Year Built: 2023
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Other, Laundry Room
  • ResoLotFeatures: Level, Corner Lot
  • ResoSecurityFeatures: Gate:Elec, Security Camera, Security System
  • Architectural Style: Estate
  • Reso Flooring: Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Single Story, Two
  • New Construction: No
  • Reso Other Structures: Other, Studio, ADU (Accessory Dwelling Unit)
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2023
  • Property Information Apx # Acres: 3.5
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Proximity Near School(s)2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 7799.0
  • Property Information ADU Count: 1
  • Style Estate2: Yes
  • Construction Two Story2: Yes
  • Exterior BrickStone: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Sauna3: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • GroundsLandscaping Bocce Ball: Yes
  • Other Buildings ADU (Accessory Dwelling Unit): Yes
  • Other Buildings Studio: Yes
  • View Wooded3: Yes
  • LocationTopo Corner Lot2: Yes
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Art Studio2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Amenities Sound System: Yes
  • Amenities Wet Bar2: Yes
  • Appliances Included Built-In Gas Range: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • Security Security Camera2: Yes
  • WaterSewer Pvt Well In: Yes
  • FlrWdw Coverings Stone2: Yes
  • ADU #1 Type2: ADU
  • ADU #1 Attached2: No
  • ADU #1 Year Built5: 2023
  • ADU #1 Beds: 1
  • ADU #1 Baths2: 1
  • ADU1 Kitchen Features Stove: Yes
  • ADU1 Kitchen Features Range: Yes
  • ADU1 Kitchen Features Refrigerator2: Yes
  • ADU1 Kitchen Features Sink: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Rev Osmosis, Washer
  • Full Bathrooms: 10
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Primary Bedroom, Family Room, Dining Room, Other, 2+, Gas, LR
  • Other Rooms:Great Room: Yes
  • Bedrooms Basement: Yes
  • Other Rooms:Media Room: Yes
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • Roof: Metal
  • View: Mountain(s), Setting, Wooded
  • Construction Type: Wood Siding, Brick/Stone, Stucco
  • Acres: 3.5
  • Topography: Level
  • Exterior Features: Pool, Patio Open, Sauna, Lawn, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Mixed
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Interior Access, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private, Mont Wtr
  • Heating:Forced Air: Yes

Schools

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

Lot Info

  • Parcel #: 011-180-020
  • Zoning: Other
  • Lot Size Sq Ft: 152460.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Mar 27, 2024
Sold by
Harvester Two Llc
Bought by
Lhagr Llc
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Calcagno & Hamilton
Sotheby's International Realty
List Price
$36,500,000
Sold Price
$30,242,500
Premium/Discount to List
-$6,257,500
-17.14%
Views
534
Current Estimated Value
$19,338,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,903,558
Avg. Annual Appreciation
-26.85%

Purchase Details

Listed on
Jul 2, 2021
Closed on
Nov 5, 2021
Sold by
Healey Carolyn and Healey Michael J
Bought by
Harvester Two Llc
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$14,900,000
Sold Price
$12,362,683
Premium/Discount to List
-$2,537,317
-17.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.40%
Original Mortgage
$8,653,878
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 1, 2016
Sold by
Healey Genevieve
Bought by
Healey Genevieve M

Purchase Details

Closed on
Nov 20, 2000
Sold by
Healey William P
Bought by
Healey Genevieve
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lhagr Llc $30,242,500 Chicago Title Company
Harvester Two Llc $12,363,000 Chicago Title Company
Healey Genevieve M -- None Available
Healey Genevieve -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harvester Two Llc $8,653,878
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2024 04/03/24 Sold $30,242,500 -8.4% $3,878 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
10/23/2023 10/23/23 Price Changed $33,000,000 -9.6% $4,231 / Sq Ft
09/26/2023 09/26/23 For Sale $36,500,000 +195.2% $4,680 / Sq Ft
11/12/2021 11/12/21 Sold $12,362,683 -17.0% $1,480 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $14,900,000 -- $1,784 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

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 $253,119 $30,847,350 $9,180,000 $21,667,350
2023 $253,119 $10,214,742 $8,260,000 $1,954,742
2022 $130,064 $12,362,683 $8,000,000 $4,362,683
2021 $33,348 $3,014,529 $1,380,357 $1,634,172
2020 $33,113 $2,983,620 $1,366,204 $1,617,416
2019 $31,831 $2,925,118 $1,339,416 $1,585,702
2018 $31,238 $2,867,763 $1,313,153 $1,554,610
2017 $30,634 $2,811,533 $1,287,405 $1,524,128
2016 $29,704 $2,756,406 $1,262,162 $1,494,244
2015 $29,137 $2,715,004 $1,243,204 $1,471,800
2014 $28,685 $2,661,822 $1,218,852 $1,442,970
Source: Public Records

Agents Affiliated with this Home

  • Robert Riskin

    Seller's Agent in 2024

    Robert Riskin

    Village Properties

    (805) 698-0199

    144 in this area

    216 Total Sales

    Robert Riskin
    Section Image

  • C

    Buyer's Agent in 2024

    Calcagno & Hamilton

    Sotheby's International Realty

  • M

    Buyer's Agent in 2024

    Michael Calcagno

    Berkshire Hathaway HomeServices California Properties

    (805) 896-0876

    55 in this area

    289 Total Sales

    Michael Calcagno
    Section Image

  • S

    Buyer's Agent in 2021

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-2895

Santa Barbara Multiple Listing Service

APN: 011-180-020

California Santa Barbara County Santa Barbara 93108

595 Picacho Ln, Santa Barbara, CA

This home is located at 595 Picacho Ln, Santa Barbara, CA 93108 since 26 September 2023 and is currently estimated at $19,338,942, approximately $2,479 per square foot. This property was built in 2023. 595 Picacho Ln is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Our Lady of Mount Carmel School.

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