NOT LISTED FOR SALE

665 Picacho Ln Santa Barbara, CA 93108

Estimated Value: $8,139,000 - $13,518,203

6 Beds
7 Baths
4,721 Sq Ft
$2,117/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $10,000,000 $2,118 Per Sq Ft

Current estimated payment $58,831/month

132 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Spa
  • Santa Barbara Senior High School Rated A-
  • Greenhouse
  • Sauna

About This Home

As of April 2021

Secluded French Country Estate in the heart of Montecito's Golden Quadrangle on the prestigious Picacho Lane.
Old world grandeur is alive at 'Fairfield,' an elegant exceptionally crafted 4-bedroom and 4-bathroom manor with 2 separate guest cottages on gated 1.75 acres of garden paradise.
Single level main residence offers elegant living room, stately dining room, generous chef's kitchen and great room with beamed ceiling, luxurious master suite, and wood paneled library/office with fireplace.
Expansive terrace with fireplace and numerous French doors invite you to a seamless indoor-outdoor living experience complete with distance Ocean and Island views.
Two separate and very private guest cottages with 1-bedroom 1-bath each. Exquisitely landscaped lush grounds filled with vibrant floral abundance frame the sparkling pool, spa and charming walkways.
Putting Green. Bocce Ball Court and additional Badminton or Croquet play area. The property has its own well with 2 tanks and 6,000 Gallon each.

* Gated entry
* Security system
* Motor Court
* Entry gallery for extensive art display
* Custom display cabinetry
* Dramatic beamed ceilings
* Pegged oak floors
* Exquisite marble bath
* Media room/bedroom with built-ins and sauna
* Basement hobby room or additional storage
* French doors from almost every room leading to beautiful
gardens
* Excellent space for indoor/outdoor entertaining
* Zen and rose garden
* Plenty of room for tennis court

Last Agent to Sell the Property

Terrence Ryken

Compass License #01107300 Listed on: 11/23/2020

Compass

Last Buyer's Agent

Sabrina Koceman

Real Living Pacific Realty License #01511998

Real Living Pacific Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,814

Year Built

  • Built in 1946

Lot Details

  • 1.75 Acre Lot
  • Gated Home
  • Level Lot
  • Irrigation
  • Fruit Trees
  • Lawn
  • Property is in excellent condition
  • Property is zoned E-1

Property Views

  • Ocean
  • Peek-A-Boo
  • Mountain

Home Design

  • Estate
  • Slate Roof
  • Stucco

Interior Spaces

  • 4,721 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Sauna
  • Basement

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Remodeled Bathroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • RV Access or Parking

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Covered Patio or Porch
  • Fireplace in Patio
  • Greenhouse
  • Gazebo
  • Separate Outdoor Workshop
  • Shed
  • Built-In Barbecue

Location

  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

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
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Guest House

Listing and Financial Details

  • Exclusions: Other, Chandelier
  • Assessor Parcel Number 011-130-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,814

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Directions: East Valley Road to Picacho Lane.
  • Prop. Type: Residential
  • Year Built: 1946
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level, Near Public Transit
  • Road Frontage Type: Easement
  • ResoSecurityFeatures: Gate:Elec, Security System, Fire Alarm, Smoke Detector(s)
  • Architectural Style: Other, Estate
  • Reso Flooring: Carpet, Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Entry Lvl(No Stairs), Single Story
  • New Construction: No
  • Reso Other Structures: Shed(s), Work Shop, Greenhouse
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1946
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.75
  • 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: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Entry Lvl(No Stairs)2: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Yard Irrigation TO: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: 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
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Microwave3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Cooling Central Air: Yes
  • Style Estate2: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Sauna3: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Proximity Near Shopping2: Yes
  • Rooms Office3: Yes
  • Dining Breakfast Area2: Yes
  • Dining Formal2: Yes
  • Dining In Kitchen4: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • WaterSewer Pvt Well In: Yes
  • Proximity Near Bus: Yes
  • Other Buildings Work Shop2: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • ParkingGarage Detached: Yes
  • Security Fire Alarm2: Yes
  • Site Improvements Cable TV3: Yes
  • Pets Yes: Yes
  • GroundsLandscaping Patio Covered2: Yes
  • Rooms LbryStudy: Yes
  • Fireplace(s) Patio3: Yes
  • View PartialFiltered2: Yes
  • Roof Slate2: Yes
  • Other Buildings Greenhouse2: Yes
  • GroundsLandscaping Gazebo2: Yes
  • ParkingGarage RV: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Gas Range, Dishwasher, Disposal, Dryer, Microwave, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Family Room, Dining Room, Other, 2+, Gas, LR, Patio
  • Total Bedrooms: 9
  • Bedrooms Basement: Yes

Exterior Features

  • Roof: Slate
  • View: Mountain(s), Ocean, Partial/Filtered
  • Construction Type: Stucco
  • Acres: 1.75
  • Topography: Level
  • Exclusions: Other, Chandelier
  • Exterior Features: Pool, Patio Open, Patio Covered, SPA-Outside, Sauna, Gazebo, Lawn, Fruit Trees, Yard Irrigation T/O, Fenced: ALL
  • Foundation Details: Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3, RV, Detached

Utilities

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

Association/Amenities

  • Unit 1 Amenities:Cathedral Ceiling(s)2: Yes

Schools

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

Lot Info

  • Parcel #: 011-130-018
  • Zoning: E-1
  • Lot Size Sq Ft: 76230.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Feb 26, 2021
Sold by
Jackson Patricia Joan Margaret Hope Johnsto and Patricia J Jackson Living Trus
Bought by
Benz William R and Benz Katherine M
Seller's Agent
Terrence Ryken
Compass
Buyer's Agent
Sabrina Koceman
Real Living Pacific Realty
List Price
$10,000,000
Sold Price
$10,000,000
Current Estimated Value
$9,993,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,599
Avg. Annual Appreciation
-2.64%
Original Mortgage
$6,000,000
Outstanding Balance
$5,363,483
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$3,524,576

Purchase Details

Closed on
Jan 16, 2019
Sold by
Jackson Patricia Johnstone
Bought by
Johnstone Margaret Patricia Joan and Johnstone Jackson Hope

Purchase Details

Closed on
Apr 9, 2001
Sold by
Coffey Lyman Bruce and Coffey Martha Morse
Bought by
Jackson Patricia Johnstone

Purchase Details

Closed on
Apr 4, 1997
Sold by
Jackson Lionel S
Bought by
Jackson Patricia Johnstone

Purchase Details

Closed on
May 7, 1996
Sold by
Jackson Patricia Johnstone
Bought by
Jackson Lionel S

Purchase Details

Closed on
Mar 2, 1995
Sold by
Degroot Willard G and Degroot Barbara R
Bought by
Degroot Willard G and Degroot Barbara R
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
Benz William R $10,000,000 Chicago Title Company
Johnstone Margaret Patricia Joan -- None Available
Jackson Patricia Johnstone -- Lawyers Title Company
Jackson Patricia Johnstone -- Equity Title Company
Jackson Lionel S -- Equity Title Company
Degroot Willard G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benz William R $6,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $10,000,000 0.0% $2,118 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
10/22/2020 10/22/20 For Sale $10,000,000 -- $2,118 / 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 $53,814 $5,145,312 $3,684,066 $1,461,246
2023 $53,814 $10,404,000 $6,502,500 $3,901,500
2022 $107,309 $10,200,000 $6,375,000 $3,825,000
2021 $82,974 $7,865,359 $5,846,820 $2,018,539
2020 $82,156 $7,784,711 $5,786,869 $1,997,842
2019 $80,245 $7,632,070 $5,673,401 $1,958,669
2018 $78,700 $7,482,422 $5,562,158 $1,920,264
2017 $77,289 $7,335,709 $5,453,097 $1,882,612
2016 $74,953 $7,191,873 $5,346,174 $1,845,699
2014 $72,618 $6,945,083 $5,162,719 $1,782,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-4177

Santa Barbara Multiple Listing Service

APN: 011-130-018