848 Picacho Ln Santa Barbara, CA 93108
Highlights
- Ocean View
- Spa
- Fireplace in Primary Bedroom
- Santa Barbara Senior High School Rated A-
- Property is near an ocean
- Mediterranean Architecture
About This Home
Available for short-term furnished lease to a discerning resident keen on enjoying the Montecito lifestyle in the prestigious Golden Quadrangle. Tucked behind gates on one of Montecito's most coveted streets, this historic estate, originally built in 1930 at the height of the Roaring Twenties, has been masterfully reimagined by renowned architects Sorrell & Sorrell, blending Old World charm with contemporary luxury. Set on approximately 2.2 acres, the property offers unmatched privacy, curated gardens, and panoramic views that stretch from the Santa Ynez Mountains to the Pacific Ocean. This exceptional villa is a short stroll to the Upper Village and the iconic San Ysidro Ranch, with Butterfly Beach, Coast Village, and the Rosewood Miramar just minutes away. Yet it feels worlds apartlike a secluded hillside retreat in the South of France. Beyond the gated entry, a grand motor court welcomes you to a residence that celebrates artisanal craftsmanship and refined elegance. Inside, nearly every room opens to breathtaking vistas or intimate garden moments. The thoughtfully designed floor plan includes five ensuite bedrooms plus dedicated staff quarters, seven luxurious baths, a formal living room, and an elegant dining room ideal for entertaining. A chef's kitchen, outfitted with top-tier appliances and custom cabinetry, flows into multiple gathering spaces including a media room, wine cellar, billiards room, and gym. The primary suite is a true sanctuary, complete with dual spa-like baths, dual dressing rooms, and sweeping views. Outdoors, the estate unfolds into a series of lush garden rooms. Meandering stone pathways connect terraced lawns, rose gardens, fruit orchards, a romantic gazebo, and a charming pond. A sparkling pool and spa are flanked by ocean-facing patios and sun-drenched lounging areas, while hidden corners like the chicken coop and vegetable gardens add soul and self-sufficiency to this one-of-a-kind retreat. Additional features include a six-zone Sonos system, three-car garage, upper and lower gated access, and parking for up to nine additional vehicles. Every element of this estate from its architectural provenance to its serene grounds has been curated to offer a sense of peace, privacy, and place. This is not just a home; it is a legacy property meant to be experienced.
Home Details
Home Type
- Single Family
Year Built
- Built in 1930
Lot Details
- Lawn
- Property is in excellent condition
Parking
- 3 Car Direct Access Garage
- 15 Open Parking Spaces
Property Views
- Ocean
- Panoramic
- Mountain
Home Design
- Mediterranean Architecture
- Tri-Level Property
Interior Spaces
- 7,270 Sq Ft Home
- Furnished
- Family Room with Fireplace
- Combination Kitchen and Dining Room
- Den
- Game Room
- Home Gym
- Breakfast Bar
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- Fireplace in Primary Bedroom
Outdoor Features
- Spa
- Property is near an ocean
Utilities
- Central Air
Community Details
- Pets allowed on a case-by-case basis
Listing and Financial Details
- Property Available on 4/16/26
- Assessor Parcel Number 011100011
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/16/2026 04/16/26 | For Rent | $89,000 | -25.8% | -- | |
| 07/01/2025 07/01/25 | Rented | $120,000 | 0.0% | -- | |
| 06/03/2025 06/03/25 | Price Changed | $120,000 | +21.2% | $17 / Sq Ft | |
| 05/29/2025 05/29/25 | Price Changed | $99,000 | -17.5% | $14 / Sq Ft | |
| 02/06/2025 02/06/25 | For Rent | $120,000 | +9.1% | -- | |
| 06/02/2024 06/02/24 | Rented | $110,000 | -8.3% | -- | |
| 09/26/2023 09/26/23 | Price Changed | $120,000 | +33.3% | $17 / Sq Ft | |
| 02/01/2023 02/01/23 | For Rent | $90,000 | +5.9% | -- | |
| 11/01/2021 11/01/21 | Rented | $85,000 | -13.3% | -- | |
| 08/17/2021 08/17/21 | For Rent | $98,000 | 0.0% | -- | |
| 05/07/2021 05/07/21 | Sold | $12,060,000 | -19.6% | $1,659 / Sq Ft | View Prior Sale |
| 03/22/2021 03/22/21 | Pending | -- | -- | -- | |
| 09/06/2019 09/06/19 | For Sale | $15,000,000 | +172.7% | $2,063 / Sq Ft | |
| 08/11/2014 08/11/14 | Sold | $5,500,000 | -30.8% | $1,106 / Sq Ft | View Prior Sale |
| 07/25/2014 07/25/14 | Pending | -- | -- | -- | |
| 06/17/2014 06/17/14 | For Sale | $7,950,000 | -- | $1,598 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
MLS Number: 26-1234
APN: 011-100-011
- 1465 E Mountain Dr
- 1475 E Mountain Dr
- 965 Brooktree Rd
- 670 Hot Springs Rd
- 709 San Ysidro Ln
- 620 Stone Meadow Ln
- 650 San Ysidro Rd
- 818 San Ysidro Ln
- 850 Rockbridge Rd
- 790 Rockbridge Rd
- 549 Hot Springs Rd
- 771 Garden Ln
- 1524 E Valley Rd
- 1140 E Mountain Dr
- 809 Ashley Rd
- 1567 E Valley Rd
- 1650 E Valley Rd
- 487 Hot Springs Rd
- 416 Camphor Place
- 1030 E Mountain Dr
- 0000 Undisclosed Address Rd
- 765 Hot Springs Rd
- 770 Riven Rock Rd
- 999 Hot Springs Ln
- 0000 E Mountain Dr
- 651 Parra Grande Ln
- 801 Riven Rock Rd
- 747 Riven Rock Rd
- 548 San Ysidro Rd Unit 1
- 580 Parra Grande Ln
- 1190 Garden Ln
- 1470 School House Rd
- 0007 E Valley Rd
- 0008 E Valley Rd
- 1394 School House Rd
- 734 Via Manana
- 451 Live Oaks Rd
- 805 Park Hill Ln
- 1383 School House Rd
- 450 Santa Rosa Ln
Ask me questions while you tour the home.