$29,995,000

888 Lilac Dr Santa Barbara, CA 93108

Estimated payment $180,858/month

Total Views 33,582
6 Beds
10 Baths
13,599 Sq Ft
$2,206 Price per Sq Ft

Highlights

  • Ocean View
  • Guest House
  • In Ground Pool
  • Santa Barbara Senior High School Rated A-
  • Home Theater
  • Sauna

About This Home

Vast ocean views, flat grounds, luxe amenities, & incredible design coalesce at this iconic Montecito property. Flexible spaces both inside and out make this an intimate home for 2 yet can easily accommodate crowds of over 200. Public spaces blend seamlessly and open to the view and lush grounds beyond. A main level primary suite offers a restful way to begin and end each day while 5 addt'l bd suite are perfect for loved ones. Gym, theater, bar, game room, pool, guest house & 5-car garage allow you to savor all of life's moments. Living off the grid has never been more chic. Solar, a generator, greywater irrigation system, private well, organic vegetable bed & citrus orchards, chicken coops, and secret gardens define sustainable sensibility and offer an unparalleled piece of paradise.

Listing Agent

Robert Riskin

Village Properties License #01954177 Listed on: 04/23/2024

Co-Listing Agent

Ryan Malmsten

Santa Barbara Brokers, Inc. License #01867047

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $182,413

Year Built

  • Built in 2006

Lot Details

  • 2.08 Acre Lot
  • Gated Home
  • Property is zoned 2-E-1

Parking

  • Automatic Gate

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • Mountain

Home Design

  • Mediterranean Architecture
  • Split Level Home

Interior Spaces

  • 13,599 Sq Ft Home
  • Bar
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Sauna
  • Home Gym
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Dressing Area
  • Powder Room

Eco-Friendly Details

  • Solar Power System
  • Solar Heating System

Outdoor Features

  • In Ground Pool
  • Covered patio or porch
  • Lanai

Additional Homes

  • Guest House
  • Fireplace in Guest House

Utilities

  • Forced Air Heating System
  • Radiant Heating System
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007-070-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$182,413

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Vast ocean views, flat grounds, luxe amenities, & incredible design coalesce at this iconic Montecito property. Flexible spaces both inside and out make this an intimate home for 2 yet can easily accommodate crowds of over 200. Public spaces blend seamlessly and open to the view and lush grounds beyond. A main level primary suite offers a restful way to begin and end each day while 5 addt'l bd suite are perfect for loved ones. Gym, theater, bar, game room, pool, guest house & 5-car garage allow you to savor all of life's moments. Living off the grid has never been more chic. Solar, a generator, greywater irrigation system, private well, organic vegetable bed & citrus orchards, chicken coops, and secret gardens define sustainable sensibility and offer an unparalleled piece of paradise.
  • Living Area: 13599
  • Lot Acreage: 2.0800
  • Year Built: 2006
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Guest House, Primary Bedroom, Patio
  • Flooring: Hardwood, Stone, Tile, Carpet
  • Bedrooms: 6
  • Full Bathroom: 8
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Formal Dining Rm, In Kitchen
  • Laundry: Room
  • Total Bathrooms: 10.00
  • Den: 0
  • Equipment: Freezer, Dishwasher, Water Purifier, Solar Panels, Refrigerator, Range/Oven
  • Price Per S Q F T: 2205.68

Exterior Features

  • Other Structures: GuestHouse
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: Mountains, Panoramic, Harbor, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 3 Car

Utilities

  • Cooling: Air Conditioning
  • Heating: Fireplace, Radiant, Solar, Forced Air
  • Security: Gated, Automatic Gate

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 007-070-022
  • Lot Size Area: 90605

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $182,413 $18,009,636 $8,158,210 $9,851,426
2023 $182,413 $17,310,302 $7,841,418 $9,468,884
2022 $175,847 $16,970,885 $7,687,665 $9,283,220
2021 $142,323 $13,750,000 $4,070,000 $9,680,000
2020 $129,457 $11,500,000 $3,000,000 $8,500,000
2019 $118,769 $16,144,630 $7,313,379 $8,831,251
2018 $163,414 $15,828,070 $7,169,980 $8,658,090
2017 $160,642 $15,517,717 $7,029,393 $8,488,324
2016 $155,862 $15,213,449 $6,891,562 $8,321,887
2015 $153,843 $14,984,930 $6,788,045 $8,196,885
2014 -- $14,691,397 $6,655,077 $8,036,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 For Sale $29,995,000 0.0% $2,206 / Sq Ft
05/15/2024 05/15/24 Off Market $29,995,000 -- --
04/22/2024 04/22/24 For Sale $29,995,000 +105.1% $2,206 / Sq Ft
04/05/2013 04/05/13 Sold $14,625,000 -22.6% $1,294 / Sq Ft
03/21/2013 03/21/13 Pending -- -- --
03/21/2012 03/21/12 For Sale $18,900,000 -- $1,672 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer $500 None Available
Grant Deed $14,625,000 Chicago Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Grant Deed -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Grant Deed -- Lawyers Title Company
Interfamily Deed Transfer -- Stewart Title
Grant Deed -- Stewart Title
Grant Deed $1,325,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $10,000,000 New Conventional
Closed $10,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $4,000,000 New Conventional
Source: Public Records

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Source: The MLS

MLS Number: 24-382865

The MLS

APN: 007-070-022