NOT LISTED FOR SALE

Estimated Value: $9,043,940

4 Beds
4.5 Baths
7,649 Sq Ft
$1,182/Sq Ft Est. Value

Sale Details

Date Sold: September 3, 2025

Last sale price $10,540,000 $1,378 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $55,363 / mo

440 Days on Market

Highlights

  • Ocean View
  • Estate
  • Reverse Osmosis System
  • Spa
  • Updated Kitchen
  • Fruit Trees

About This Home

As of September 2025

Ocean views, newly remodeled interiors, and an A+ location make this the ultimate Montecito destination! Whether you are looking for generous scale, an open floor plan, abundant natural light, or an epic primary suite, you'll find everything on your wishlist and more at this beautiful Park Lane estate. The kitchen/family room is the true heart of the home and celebrates the marriage of form and function. Chic details include Moroccan tile and floating shelves, professional appliances, and a wine fridge. Sliding doors lead to the pool and yard, making it easy to keep an eye on outdoor activities from both the kitchen and family room. The epic primary is a spacious oasis with 3 walk-in closets, 2nd laundry, and a private office. An ADU offers flexible space to fit your every need.

Last Agent to Sell the Property

Robert Riskin

Village Properties License #01815307 / 01447045 / 01954177 / 01951069 Listed on: 05/29/2024

Last Buyer's Agent

The Santa Barbara

Berkshire Hathaway HomeServices California Properties

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 1.02 Acre Lot
  • Gated Home
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in excellent condition

Parking

  • Direct Access Garage

Property Views

  • Ocean
  • Harbor
  • Panoramic
  • Mountain

Home Design

  • Estate
  • Contemporary Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 7,649 Sq Ft Home
  • 1-Story Property
  • Sound System
  • Skylights
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Home Gym

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Built-In Gas Oven
  • Stove
  • Dishwasher
  • Disposal
  • Reverse Osmosis System

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch
  • Built-In Barbecue

Additional Homes

  • Number of ADU Units: 1
  • Accessory Dwelling Unit (ADU)
  • ADU built in 2020
  • ADU includes 1 Bedroom and 1 Bathroom
  • Kitchen Sink

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned
  • Sewer Stub Out

Listing and Financial Details

  • Assessor Parcel Number 007-060-059
  • Seller Concessions Offered
  • Seller Will Consider Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

1.02 Acres

Listing Details

  • Directions: E Valley to Park Lane.
  • Prop. Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Level
  • ResoSecurityFeatures: Gate:Elec
  • Architectural Style: Other, Contemporary, Estate
  • Reso Flooring: Carpet, Hardwood, Stone
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1988
  • Property Information Total #Units: 1
  • Property Information Apx # Acres: 1.02
  • NeighborhoodSchools Elementary School: Mont Union
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • View Mountain(s)2: Yes
  • View Panoramic2: Yes
  • LocationTopo Level: Yes
  • Property Information ADU: Yes
  • Property Information Within City Limits: No
  • Condition Excellent: Yes
  • Construction Single Story2: Yes
  • Exterior:Stucco: Yes
  • ParkingGarage Interior Access: Yes
  • ParkingGarage Attached: Yes
  • GroundsLandscaping Pool: Yes
  • GroundsLandscaping Patio Open2: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • GroundsLandscaping Fenced ALL2: Yes
  • View Setting2: Yes
  • Rooms Family Room4: Yes
  • Dining Breakfast Bar2: Yes
  • Laundry Laundry Room2: Yes
  • Amenities Remodeled Bath2: Yes
  • Amenities Remodeled Kitchen2: Yes
  • Amenities Skylight2: 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 GateElec: Yes
  • WaterSewer Sewer Hookup: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Cooling Central Air: Yes
  • Property Information Main House SqFt: 7649.0
  • Property Information ADU Count: 1
  • Style Estate2: Yes
  • ParkingGarage Gar #33: Yes
  • GroundsLandscaping Built-in BBQ: Yes
  • Rooms Exercise Room2: Yes
  • Rooms Office3: Yes
  • Dining Formal2: Yes
  • Amenities Sound System: Yes
  • Appliances Included Rev Osmosis2: Yes
  • Fireplace(s) Family Room3: Yes
  • Fireplace(s) Gas8: Yes
  • Fireplace(s) Primary Bedroom: Yes
  • FlrWdw Coverings Stone2: Yes
  • Style:Contemporary2: Yes
  • FlrWdw Coverings Carpet: Yes
  • GroundsLandscaping Spa - Outside: Yes
  • GroundsLandscaping Deck3: Yes
  • ViewOcean: Yes
  • Appliances Included Wtr SoftenerOwned: Yes
  • ADU #1 Type2: ADU
  • ADU #1 Attached2: No
  • GroundsLandscaping Patio Covered2: Yes
  • View Harbor2: Yes
  • ADU #1 Year Built5: 2020
  • ADU #1 Beds: 1
  • ADU #1 Baths2: 1
  • ADU1 Kitchen Features Sink: Yes
  • Fireplace(s) 24: Yes
  • Status Information Seller Concessions3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Built-In Gas Oven, Dishwasher, Disposal, Dryer, Gas Stove, Rev Osmosis, Washer, Wtr Softener/Owned
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Primary Bedroom, Family Room, Gas
  • Appliances Included:Built-In Gas Oven: Yes

Exterior Features

  • Roof: Flat
  • View: Mountain(s), Ocean, Setting, Harbor, Panoramic
  • Construction Type: Stucco
  • Acres: 1.02
  • Topography: Level
  • Exterior Features: Pool, Deck, Patio Open, Patio Covered, SPA-Outside, Lawn, Fruit Trees, Fenced: ALL
  • Foundation Details: Mixed
  • ConstructionSiding:Roof Flat: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Gar #3, Interior Access, Attached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • 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 #: 007-060-059
  • Zoning: R-1
  • Lot Size Sq Ft: 44431.2
  • ResoLotSizeUnits: Acres

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
May 29, 2024
Closed on
Aug 27, 2025
Sold by
Bought by
Seller's Agent
Robert Riskin
Village Properties
Buyer's Agent
The Santa Barbara
Berkshire Hathaway HomeServices California Properties
List Price
$16,500,000
Sold Price
$10,540,000
Premium/Discount to List
-$5,960,000
-36.12%
Views
428
Current Estimated Value
$9,043,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,496,060
Avg. Annual Appreciation
-15.48%

Purchase Details

Closed on
Mar 5, 2021
Sold by
Bought by

Purchase Details

Listed on
May 29, 2019
Closed on
Jun 3, 2019
Sold by
Bought by
Seller's Agent
Suding Murphy
Compass
Buyer's Agent
Maurie McGuire
Sotheby's International Realty
List Price
$5,750,000
Sold Price
$5,350,000
Premium/Discount to List
-$400,000
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%

Purchase Details

Closed on
Dec 12, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 8, 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
$1,100,000
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 21, 2006
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
$1,100,000
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 22, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$10,540,000 Chicago Title Company
-- None Available
$5,350,000 Chicago Title Company
-- None Available
-- Lawyers Title Company
-- Accommodation
-- Equity Title Company
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 $1,070,000
Previous Owner $1,065,000
Previous Owner $1,065,000
Previous Owner $1,100,000
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 Prior Sale
09/03/2025 09/03/25 Sold $10,540,000 -3.3% $1,378 / Sq Ft
06/10/2025 06/10/25 Price Changed $10,900,000 -20.7% $1,425 / Sq Ft
02/25/2025 02/25/25 Price Changed $13,750,000 -8.0% $1,798 / Sq Ft
07/26/2024 07/26/24 Price Changed $14,950,000 -9.4% $1,955 / Sq Ft
05/29/2024 05/29/24 For Sale $16,500,000 +208.4% $2,157 / Sq Ft
06/12/2019 06/12/19 Sold $5,350,000 -7.0% $820 / Sq Ft View Prior Sale
06/01/2019 06/01/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $5,750,000 -- $882 / Sq Ft
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 $67,865 $10,540,000 $3,500,000 $7,040,000
2025 $67,865 $6,355,361 $2,454,138 $3,901,223
2023 $66,647 $6,108,577 $2,358,842 $3,749,735
2022 $64,353 $5,988,802 $2,312,591 $3,676,211
2021 $59,341 $5,513,533 $2,267,247 $3,246,286
2020 $58,769 $5,457,000 $2,244,000 $3,213,000
2019 $60,388 $5,640,113 $3,002,616 $2,637,497
2018 $59,246 $5,529,524 $2,943,742 $2,585,782
2017 $58,130 $5,421,103 $2,886,022 $2,535,081
2016 $56,343 $5,314,808 $2,829,434 $2,485,374
2014 $54,472 $5,132,431 $2,732,342 $2,400,089
Source: Public Records

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 24-1731

Santa Barbara Multiple Listing Service

APN: 007-060-059

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