NOT LISTED FOR SALE

741 Hot Springs Montecito, CA 93108

Estimated Value: $4,700,000 - $9,367,000

1 Bed
2 Baths
1,345 Sq Ft
$4,727/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $2,600,000 $1,933 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $36,484/month

1 Day on Market

Highlights

  • Property is near an ocean
  • Fruit Trees
  • Property is near park and shops
  • Santa Barbara Senior High School Rated A-
  • Mountain View
  • Multiple Fireplaces

About This Home

As of October 2020

The ultimate weekend getaway, or a perfect home for someone downsizing. Located down a long driveway this one bedroom two bathroom plus den home has been re-imagined to fit today's lifestyle. Substantially rebuilt in 2011, with fine finishes and beautiful landscaping. Situated on a full acre, in a prime location among great estates. This home has room to expand with a pool, ADU or more. Plans for expansion and ADU are close to approval.

Last Agent to Sell the Property

Teresa McWilliams

Coldwell Banker Realty Listed on: 08/24/2020

Last Buyer's Agent

Teresa Mc Williams

Coldwell Banker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 1 Acre Lot
  • Partially Fenced Property
  • Irrigation
  • Fruit Trees
  • Property is in excellent condition

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,345 Sq Ft Home
  • 1-Story Property
  • Multiple Fireplaces
  • Double Pane Windows
  • Living Room with Fireplace
  • Den
  • Mountain Views
  • Monitored

Kitchen

  • Built-In Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Driveway
  • Uncovered Parking

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near park and shops

Schools

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

Utilities

  • Forced Air Heating System
  • Water Softener is Owned
  • Sewer Stub Out
  • Cable TV Available

Listing and Financial Details

  • Exclusions: Chandelier
  • Assessor Parcel Number 011-090-038

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

1 Acres

Listing Details

  • Directions: East Valley Road north on Hot Springs, on left after Riven Rock.
  • Prop. Type: Residential
  • Year Built: 2011
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • Road Frontage Type: Easement
  • ResoSecurityFeatures: Monitored, Security System
  • Architectural Style: Other
  • Reso Flooring: Wood, Carpet, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 2011
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.0
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Gar #22: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • View Setting2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Dual Pane Window2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 1345.0
  • Proximity Near Shopping2: Yes
  • GroundsLandscaping Fenced PRT: Yes
  • Fireplace(s):_two_3: Yes
  • FlrWdw Coverings Carpet: Yes
  • Roof:Tile2: Yes
  • GroundsLandscaping Yard Irrigation PRT: Yes
  • Appliances Included Low Flow Fixtures2: Yes
  • Site Improvements Cable TV3: Yes
  • GroundsLandscaping Permeable Driveway2: Yes
  • Appliances Included OvenBltin: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • Rooms:Den: Yes
  • ParkingGarage Unc #33: Yes
  • Security Monitored2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Other, Gas Range, Oven/Bltin, Dishwasher, Disposal, Dryer, Low Flow Fixtures, Washer, Wtr Softener/Owned
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Other, 2, LR

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Setting
  • Construction Type: Stucco
  • Acres: 1.0
  • Exclusions: Chandelier
  • Exterior Features: Patio Open, Fruit Trees, Yard Irrigation PRT, Fenced: PRT, Permeable Driveway
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #2, Unc #3

Utilities

  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Mont Wtr
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Community Features: Other

Schools

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

Lot Info

  • Parcel #: 011-090-038
  • Zoning: R-1
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2026
Sold by
25 West Llc
Bought by
Robert Cameron Glazier Living Trust and Glazier
Current Estimated Value
$6,357,794

Purchase Details

Listed on
Aug 24, 2020
Closed on
Oct 8, 2020
Sold by
Petersen Donald L and Petersen Revoca Donald Leonard
Bought by
25 West Llc
Seller's Agent
Teresa McWilliams
Coldwell Banker Realty
Buyer's Agent
Teresa Mc Williams
Coldwell Banker
List Price
$2,600,000
Sold Price
$2,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.94%
Original Mortgage
$1,820,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2017
Sold by
Petersen Donald L
Bought by
Petersen Donald L

Purchase Details

Closed on
Dec 8, 2016
Sold by
Peterson Jo Anne
Bought by
Petersen Donald L

Purchase Details

Closed on
Nov 10, 2010
Sold by
Petersen Jo Anne
Bought by
Petersen Jo Anne

Purchase Details

Closed on
Feb 25, 2008
Sold by
Reeves Elizabeth Patton and Hynes Lander Reeves
Bought by
Petersen Donald E

Purchase Details

Closed on
May 9, 2006
Sold by
Reeves Elizabeth Patton
Bought by
Reeves Elizabeth Patton and Hynes Lander Reeves

Purchase Details

Closed on
Feb 9, 2005
Sold by
Bacon Marjorie M
Bought by
Bacon Marjorie M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Robert Cameron Glazier Living Trust $4,985,000 Chicago Title Company
Robert Cameron Glazier Living Trust $4,985,000 Chicago Title Company
25 West Llc $2,600,000 Chicago Title Company
25 West Llc $2,600,000 Chicago Title Company
Petersen Donald L -- None Available
Petersen Donald L -- None Available
Petersen Donald L -- None Available
Petersen Donald L -- None Available
Petersen Jo Anne -- None Available
Petersen Jo Anne -- None Available
Petersen Jo Anne -- None Available
Petersen Jo Anne -- None Available
Petersen Donald E -- Lawyers Title Company
Petersen Donald E -- Lawyers Title Company
Reeves Elizabeth Patton -- None Available
Reeves Elizabeth Patton -- None Available
Reeves Elizabeth Patton -- None Available
Reeves Elizabeth Patton -- None Available
Bacon Marjorie M -- --
Bacon Marjorie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 25 West Llc $1,820,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2020 10/28/20 Sold $2,600,000 0.0% $1,933 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $2,600,000 -- $1,933 / Sq Ft
Source: Santa Barbara Multiple Listing Service

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 $30,128 $2,814,322 $1,948,377 $865,945
2023 $30,128 $2,705,040 $1,872,720 $832,320
2022 $29,150 $2,652,000 $1,836,000 $816,000
2021 $28,563 $2,600,000 $1,800,000 $800,000
2020 $29,113 $2,653,019 $1,804,053 $848,966
2019 $28,353 $2,601,000 $1,768,680 $832,320
2018 $27,857 $2,550,000 $1,734,000 $816,000
2017 $27,309 $2,500,000 $1,700,000 $800,000
2016 $24,829 $2,290,000 $1,362,000 $928,000
2014 $23,193 $2,138,000 $1,271,000 $867,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Teresa McWilliams

    Coldwell Banker Realty

  • T

    Buyer's Agent in 2020

    Teresa Mc Williams

    Coldwell Banker

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3305

Santa Barbara Multiple Listing Service

APN: 011-090-038

California Santa Barbara County Montecito 93108

741 Hot Springs, Montecito, CA

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Santa Barbara Multiple Listing Service 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.
Copyright 2026 Santa Barbara Multiple Listing Service. All rights reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.