NOT LISTED FOR SALE

859 Picacho Ln Santa Barbara, CA 93108

Estimated Value: $8,413,000 - $16,323,539

4 Beds
4.5 Baths
7,678 Sq Ft
$1,384/Sq Ft Est. Value

Last Sold January 13, 2020

Last sale price $5,300,000 $690 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $60,691/month

586 Days on Market

Highlights

  • Ocean View
  • Guest House
  • 2.36 Acre Lot
  • Santa Barbara Senior High School Rated A-
  • Pool House
  • Fruit Trees

About This Home

As of January 2020

AUCTION: Bid December 10–12. NO RESERVE. Appointment. South-facing views, 2.36 impeccable acres, and luxurious California charm come together to create 859 Picacho Lane – a 1930s Chester Carjola Mediterranean oasis like no other. Tucked away in magnificent, star-studded Montecito on one of the most prestigious lanes, this two-story 7,678-square-foot 4- bedroom estate is home to high ceilings, hardwood and tile floors, and vast patios and balconies. Lounge around in your resort-style pool area or host friends and family in one of your multiple living and dining areas. With a detached two-room two bath guesthouse as well as an ensuite bedroom in the pool house, visitors will feel at home with a space to call their own. Endless possibilities!

Last Agent to Sell the Property

Crysta Metzger

Coldwell Banker Realty Listed on: 11/05/2019

Last Buyer's Agent

Non Member Agent

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 2.36 Acre Lot
  • Gated Home
  • Fruit Trees
  • Lawn
  • Property is in good condition
  • Property is zoned E-1

Parking

  • Garage

Property Views

  • Ocean
  • Peek-A-Boo
  • Mountain

Home Design

  • Mediterranean Architecture
  • Raised Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 7,678 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Multiple Fireplaces
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Sun or Florida Room

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Maid or Guest Quarters

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Pool House
  • Spa
  • Outdoor Pool

Outdoor Features

  • Patio
  • Shed
  • Built-In Barbecue

Schools

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

Additional Features

  • Guest House
  • Forced Air Heating System

Community Details

  • Foothills
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 011-050-087

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Directions: East Valley Road to Picacho Lane, property is on the left towards the top before E. Mountain
  • Prop. Type: Residential
  • Year Built: 1927
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Common Area
  • ResoSecurityFeatures: Gate:Elec, Security System, Smoke Detector(s)
  • Architectural Style: Medit
  • Reso Flooring: Wood, Carpet, Hardwood, Tile
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Good
  • Property Information Year Built2: 1927
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 2.36
  • 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 Within City Limits: No
  • Exterior:Stucco: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • Rooms Family Room4: Yes
  • Rooms Ground Floor Bedroom2: Yes
  • Dining Dining Area2: Yes
  • Appliances Included Dishwasher3: Yes
  • Appliances Included Disposal3: Yes
  • Appliances Included Dryer3: Yes
  • Appliances Included Gas Stove3: Yes
  • Appliances Included Washer3: Yes
  • Fireplace(s) LR: Yes
  • Security Security System: Yes
  • Security GateElec: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 7678.0
  • Construction Two Story2: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Amenities Guest House2: Yes
  • Amenities Guest Quarters2: Yes
  • Amenities Wet Bar2: Yes
  • Fireplace(s):_two_4: Yes
  • Fireplace(s) Dining Room2: Yes
  • Property Information Apx Lot SqFt: 102801.0
  • Condition Good2: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • Roof:Tile2: Yes
  • Other Buildings Shed: Yes
  • ViewOcean: Yes
  • FlrWdw Coverings Wood2: Yes
  • Pets Yes: Yes
  • Style Medit2: Yes
  • Foundation Raised: Yes
  • Laundry Common Area2: Yes
  • Rooms LbryStudy: Yes
  • LocationTopo Foothills2: Yes
  • View PartialFiltered2: Yes
  • GroundsLandscaping Pool House2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Dryer, Gas Stove, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Dining Room, Other, 2+, LR
  • Other Rooms:Sun Room2: Yes

Exterior Features

  • Roof: Tile
  • View: Mountain(s), Ocean, Partial/Filtered
  • Construction Type: Stucco
  • Acres: 2.36
  • Topography: Foothills
  • Exterior Features: Pool, Pool House, Patio Open, SPA-Outside, Lawn, Fruit Trees, Fenced: ALL
  • Foundation Details: Raised, Mixed

Garage/Parking

  • Attached Garage: No
  • Parking Features: Gar #3

Utilities

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

Schools

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

Lot Info

  • Parcel #: 011-050-087
  • Zoning: E-1
  • Lot Size Sq Ft: 102801.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Jan 8, 2020
Sold by
859 Montecito Llc
Bought by
Edwards John S
Seller's Agent
Crysta Metzger
Coldwell Banker Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$7,995,000
Sold Price
$5,300,000
Premium/Discount to List
-$2,695,000
-33.71%
Current Estimated Value
$10,628,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,328,135
Avg. Annual Appreciation
12.21%
Original Mortgage
$3,875,625
Outstanding Balance
$3,424,269
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$7,203,866

Purchase Details

Listed on
Apr 1, 2016
Closed on
Nov 8, 2016
Sold by
Humphrey Steven F and Grafton Sue
Bought by
859 Montecito Llc
Seller's Agent
Crysta Metzger
Coldwell Banker Realty
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$8,600,000
Sold Price
$6,142,500
Premium/Discount to List
-$2,457,500
-28.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.62%

Purchase Details

Closed on
May 9, 2011
Sold by
Humphrey Steven F and Grafton Sue
Bought by
Humphrey Steven F and Grafton Sue

Purchase Details

Closed on
Jun 14, 1995
Sold by
Karsten Clare
Bought by
Humphrey Steven F and Grafton Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
7.5%
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
Edwards John S $5,167,500 Fidelity National Title Co
859 Montecito Llc $6,142,500 Fidelity National Title Co
Humphrey Steven F -- First American Title
Humphrey Steven F -- Equity Title Company
Humphrey Steven F -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards John S $3,875,625
Previous Owner Humphrey Steven F $1,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2020 01/13/20 Sold $5,300,000 -33.7% $690 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
05/09/2018 05/09/18 For Sale $7,995,000 +30.2% $1,041 / Sq Ft
12/02/2016 12/02/16 Sold $6,142,500 -28.6% $800 / Sq Ft View Prior Sale
09/26/2016 09/26/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $8,600,000 -- $1,120 / 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 $66,017 $6,339,689 $5,048,752 $1,290,937
2023 $66,017 $6,093,512 $4,852,703 $1,240,809
2022 $63,840 $5,974,032 $4,757,552 $1,216,480
2021 $63,971 $5,997,496 $4,546,620 $1,450,876
2020 $71,044 $6,685,610 $5,093,798 $1,591,812
2019 $69,237 $6,554,520 $4,993,920 $1,560,600
2018 $67,910 $6,426,000 $4,896,000 $1,530,000
2017 $66,683 $6,300,000 $4,800,000 $1,500,000
2016 $49,121 $4,657,140 $2,128,395 $2,528,745
2014 $47,447 $4,497,330 $2,055,359 $2,441,971
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Crysta Metzger

    Coldwell Banker Realty

  • N

    Buyer's Agent in 2020

    Non Member Agent

    Non Member Office

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 18-1639

Santa Barbara Multiple Listing Service

APN: 011-050-087

California Santa Barbara County Santa Barbara 93108

859 Picacho Ln, Santa Barbara, 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 2025 Santa Barbara Multiple Listing Service. All rights reserved.

Nearby Homes