NOT LISTED FOR SALE

661 Picacho Ln Santa Barbara, CA 93108

Estimated Value: $5,250,278 - $6,433,000

3 Beds
3.5 Baths
2,373 Sq Ft
$2,399/Sq Ft Est. Value

Last Sold March 14, 2018

Last sale price $3,975,000 $1,675 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $34,280/month

262 Days on Market

Highlights

  • Art Studio
  • Wood Flooring
  • Cottage
  • Santa Barbara Senior High School Rated A-
  • Lawn
  • Home Office

About This Home

As of March 2018

Located in one of Montecito's most prestigious neighborhoods. This home sits atop a glorious garden boasting magnificent live Oaks, olives and boxwood hedges. There three bedrooms, two office/dens, a formal dining room. A small studio with a half bathroom looks out to a glorious rose garden. Room for pool and or tennis court.

Last Agent to Sell the Property

Betsy Jones Zwick

Coldwell Banker Realty Listed on: 04/28/2017

Last Buyer's Agent

Ashley Anderson & Paul Hurst

Berkshire Hathaway HomeServices California Properties License #01903215 / 00826530

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 1.14 Acre Lot
  • Irrigation
  • Lawn
  • Property is in excellent condition

Parking

  • Garage

Home Design

  • Cottage
  • Brick Exterior Construction
  • Raised Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,373 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Art Studio
  • Home Gym
  • Laundry in Garage
  • Property Views

Kitchen

  • Double Oven
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom

Outdoor Features

  • Patio

Schools

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

Utilities

  • Gravity Heating System
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Chandelier
  • Assessor Parcel Number 011-130-005

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Directions: East Valley Rd to Picacho, turn left on Picacho Lane.
  • Prop. Type: Residential
  • Year Built: 1937
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: In Garage
  • Architectural Style: Cal Cottage
  • Reso Flooring: Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Other Structures: Other
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1937
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.14
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Style Cal Cottage: Yes
  • Construction Single Story2: Yes
  • Exterior Wood Siding: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • View Setting2: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Amenities Remodeled Bath2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Gas Stove3: Yes
  • Fireplace(s) LR: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Exterior BrickStone: Yes
  • Rooms Art Studio2: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • Laundry In Garage2: Yes
  • Site Improvements Cable TV3: Yes
  • Foundation Raised: Yes
  • Rooms LbryStudy: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Double Oven, Gas Stove
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: LR
  • Total Bedrooms: 10
  • Appliances Included:Double Oven2: Yes

Exterior Features

  • View: Setting
  • Construction Type: Wood Siding, Brick/Stone, Stucco
  • Acres: 1.14
  • Exclusions: Chandelier
  • Exterior Features: Patio Open, Lawn, Yard Irrigation T/O, Yard Irrigation PRT
  • Foundation Details: Raised

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2

Utilities

  • Heating: Gravity
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Gravity: Yes

Schools

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

Lot Info

  • Parcel #: 011-130-005
  • Zoning: R-1
  • Lot Size Sq Ft: 49658.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2025
Sold by
Courtlandt S Gross Trust and Gross Courtlandt D
Bought by
Philadelphia Trust and Courtlandt S Gross Trust
Current Estimated Value
$6,125,688

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jan 31, 2018
Sold by
Gilchrist John M and Gilchrist Anne M
Bought by
Gross Courtlandt D
Seller's Agent
Betsy Jones Zwick
Coldwell Banker Realty
Buyer's Agent
Ashley Anderson & Paul Hurst
Berkshire Hathaway HomeServices California Properties
List Price
$4,200,000
Sold Price
$3,975,000
Premium/Discount to List
-$225,000
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%

Purchase Details

Closed on
Jan 28, 2009
Sold by
Pacific Capital Bank Na
Bought by
Gilchrist John M and Gilchrist Anne M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Philadelphia Trust -- None Listed On Document
Gross Courtlandt D $3,975,000 Fidelity National Title Co
Gilchrist John M -- Lawyers Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2018 03/14/18 Sold $3,975,000 -5.4% $1,675 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
04/28/2017 04/28/17 For Sale $4,200,000 -- $1,770 / 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 $26,984 $2,498,512 $1,148,476 $1,350,036
2023 $26,984 $2,401,493 $1,103,880 $1,297,613
2022 $26,134 $2,354,406 $1,082,236 $1,272,170
2021 $25,613 $2,308,242 $1,061,016 $1,247,226
2020 $25,369 $2,284,575 $1,050,137 $1,234,438
2019 $24,689 $2,239,781 $1,029,547 $1,210,234
2018 $38,651 $3,593,376 $2,716,255 $877,121
2017 $37,921 $3,522,919 $2,662,996 $859,923
2016 $35,431 $3,323,000 $2,511,000 $812,000
2014 $33,153 $3,103,000 $2,345,000 $758,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Betsy Jones Zwick

    Coldwell Banker Realty

  • Ashley Anderson & Paul Hurst

    Buyer's Agent in 2018

    Ashley Anderson & Paul Hurst

    Berkshire Hathaway HomeServices California Properties

    (805) 618-8747

    7 in this area

    60 Total Sales

    Ashley Anderson & Paul Hurst
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-1383

Santa Barbara Multiple Listing Service

APN: 011-130-005

California Santa Barbara County Santa Barbara 93108

661 Picacho Ln, Santa Barbara, CA

Not Listed for Sale

Detached

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