NOT LISTED FOR SALE

Estimated Value: $4,117,715

1.92 Acres
$2,144,643 Price per Acre
83,635 Sq Ft Lot

Sale Details

Date Sold: July 21, 2025

Last sale price $4,000,000

Est. 3% increase in value since last sale

Current estimated payment $25,536 / mo

82 Days on Market

Highlights

  • View of Trees or Woods
  • 1.92 Acre Lot
  • Level Lot

About This Lot

As of July 2025

An incredible opportunity to purchase this 1.92 acre parcel with an approved land use permit. Available plans designed by renown architect William Hefner and modeled after Mr. Hefner's personal residence - one of the most coveted estates in Montecito. Envisioned as a compound to be built in a loose quadrangle around a central pool & lawn, allowing for the ultimate indoor/outdoor lifestyle that Montecito has to offer. Each wing will be connected through glazed breezeways and fashioned from wood and Sandstone merging organically into the surrounding landscape. The estate will feature the main residence, pool house, gym- a stunningly modern aesthetic yet built with natural, local materials.

Last Agent to Sell the Property

Bartron Real Est Group

Berkshire Hathaway HomeServices California Properties License #01005021 / 01950975 / 00966870 / 01976075 Listed on: 01/30/2025

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Lorie Bartron

Berkshire Hathaway HomeServices California Properties License #01005021

Last Buyer's Agent

Mia Teetsel

Berkshire Hathaway HomeServices California Properties License #01256862

Berkshire Hathaway HomeServices California Properties
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Property Details

Property Type

  • Land

Lot Details

  • 1.92 Acre Lot
  • Level Lot

Property Views

  • Woods
  • Mountain

Schools

  • Cold Spring Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Listing and Financial Details

  • Assessor Parcel Number 011-040-042
  • Seller Considering Concessions

Property Details

Property Type

Land

Lot Details

1.92 Acres

Listing Details

  • Directions: North on Hot Springs, west on Mountain Dr, south on Ashley; 819 Ashley will be on your right.
  • Prop. Type: Land
  • Reso Property Sub Type: Residential/SFR
  • ResoLotFeatures: Level
  • Co List Office Mls Id: prucal
  • Co List Office Phone: 805-687-2666
  • Property Information Apx # Acres: 1.92
  • NeighborhoodSchools Elementary School: Cold Spring
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • Utility Info Water: Yes
  • LocationTopo Level: Yes
  • View Wooded3: Yes
  • View Setting3: Yes
  • WaterSewer Meter In: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain(s), Wooded, Setting
  • Acres: 1.92
  • Topography: Level

Utilities

  • Water Source: Meter In, Mont Wtr

Schools

  • Elementary School: Cold Spring
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 011-040-042
  • Zoning: R-1
  • Lot Size Sq Ft: 83635.2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Jul 15, 2025
Sold by
Bought by
Seller's Agent
Bartron Real Est Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Mia Teetsel
Berkshire Hathaway HomeServices California Properties
List Price
$4,675,000
Sold Price
$4,000,000
Premium/Discount to List
-$675,000
-14.44%
Views
48
Current Estimated Value
$4,117,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,715
Avg. Annual Appreciation
2.86%

Purchase Details

Closed on
Sep 14, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
7.55%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 12, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,280,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 12, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.24%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Santa Barbara, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,000,000 First American Title
$2,950,000 Stewart Title Sb Griffith
$2,850,000 Stewart Title Of Ca Inc
-- Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $150,000
Previous Owner $2,100,000
Previous Owner $2,280,000
Previous Owner $200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/21/2025 07/21/25 Sold $4,000,000 -14.4% --
04/22/2025 04/22/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $4,675,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $34,316 $4,000,000 $4,000,000
2025 $33,705 $3,268,120 $3,268,120
2023 $33,705 $3,143,157 $3,143,157 $0
2022 $32,665 $3,082,507 $3,082,507 $0
2021 $31,466 $2,973,047 $2,973,047 $0
2020 $30,922 $2,942,563 $2,942,563 $0
2019 $30,169 $2,884,866 $2,884,866 $0
2018 $29,578 $2,828,300 $2,828,300 $0
2017 $29,080 $2,772,844 $2,772,844 $0
2016 $28,258 $2,718,475 $2,718,475 $0
2014 $27,494 $2,625,190 $2,625,190 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-463

Santa Barbara Multiple Listing Service

APN: 011-040-042

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