625 Parra Grande Ln Montecito, CA 93108
Estimated payment $29,930/month
Highlights
- Guest House
- Property is near an ocean
- Mountain View
- Cold Spring Elementary School Rated A
- Fruit Trees
- No HOA
About This Home
Rare opportunity in the center of Montecito! Nestled at the end of a private lane, this south facing property offers an exceptional blend of privacy & convenience, just a mile from the Upper Village. Quaint 3 bedroom main residence with GH on a full acre.
Architects from Electric Bowery offer this opportunity for a single family residence with plans for a 4,332 SF residence. Featuring natural materials & thoughtful landscaping, as well as a 1,200sf guest house, pool, & outdoor gym structure. The property is directly adjacent to a sprawling, park-like estate providing direct views to a grove of old-growth Oak trees. The proposed main residence has 5 bedrooms, a generous 3-car garage, a great room with chef's kitchen, breakfast nook, and adjacent family room, along with a grand living room with soaring pitched ceilings.
Each bedroom has an en-suite bathroom, while the primary suite features a large walk-in closet and spa-like bathroom with a shower that exits directly to lead to the outdoor gym and cold plunge. All living spaces open out to the pool deck and yard, for fluid, indoor-outdoor living.
The project has been approved by the Montecito Board of Architectural Review and plans are in review with the County Building Department
Listing Agent
Coldwell Banker Realty License #00622258 / 01895788 / 02066982 Listed on: 02/27/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $39,492
Year Built
- Built in 1959
Lot Details
- 1.02 Acre Lot
- Fenced
- Level Lot
- Flag Lot
- Fruit Trees
- Property is in average condition
Parking
- Garage
Home Design
- Cottage
- Raised Foundation
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 1,715 Sq Ft Home
- 1-Story Property
- Family Room
- Dining Area
- Den
- Mountain Views
- Breakfast Area or Nook
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Property is near an ocean
- Covered Patio or Porch
Location
- Property is near schools
- Property is near shops
Schools
- Cold Spring Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- Guest House
- Septic System
Listing and Financial Details
- Assessor Parcel Number 011-120-088
Community Details
Recreation
- Bocce Ball Court
Additional Features
- No Home Owners Association
- Restaurant
Map
Home Values in the Area
Average Home Value in this Area
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 | $39,492 | $3,849,480 | $2,080,800 | $1,768,680 |
| 2023 | $39,492 | $229,310 | $44,272 | $185,038 |
| 2022 | $2,584 | $224,814 | $43,404 | $181,410 |
| 2021 | $2,530 | $220,406 | $42,553 | $177,853 |
| 2020 | $2,505 | $218,147 | $42,117 | $176,030 |
| 2019 | $2,262 | $213,871 | $41,292 | $172,579 |
| 2018 | $2,217 | $209,679 | $40,483 | $169,196 |
| 2017 | $2,179 | $205,569 | $39,690 | $165,879 |
| 2016 | $2,159 | $201,539 | $38,912 | $162,627 |
| 2014 | $2,101 | $194,626 | $37,578 | $157,048 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2025 02/27/25 | For Sale | $5,000,000 | +35.1% | $2,915 / Sq Ft |
| 05/15/2023 05/15/23 | Sold | $3,700,000 | -10.1% | $2,157 / Sq Ft |
| 05/15/2023 05/15/23 | Pending | -- | -- | -- |
| 05/15/2023 05/15/23 | For Sale | $4,115,000 | -- | $2,399 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,700,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | Entitle Direct Insurance | |
| Interfamily Deed Transfer | -- | Entitle Direct Insurance | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $507,000 | New Conventional | |
| Previous Owner | $510,400 | New Conventional | |
| Previous Owner | $251,000 | Credit Line Revolving | |
| Previous Owner | $625,500 | New Conventional | |
| Previous Owner | $610,000 | New Conventional | |
| Previous Owner | $545,000 | New Conventional | |
| Previous Owner | $40,000 | Credit Line Revolving | |
| Previous Owner | $642,000 | Unknown | |
| Previous Owner | $650,000 | Unknown | |
| Previous Owner | $525,000 | No Value Available | |
| Previous Owner | $484,500 | No Value Available | |
| Previous Owner | $500,000 | No Value Available | |
| Previous Owner | $68,000 | Unknown | |
| Previous Owner | $305,000 | Unknown |
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-856
APN: 011-120-088
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