5 months on rocket

1077 Summit Rd, Santa Barbara, CA, 93108

$8,995,000

4 Bedrooms
5 Full Baths
3,929 SqFt
$2,289/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingGar #2, Interior Access, Attached
Attached GarageYes
Year Built1947
HeatingForced Air
CoolingCeiling Fan(s), Central Air
FireplacePrimary Bedroom, Family Room, 2+, LR
ViewMountain(s)
MLS #24-2055
Lot Size1.00 Acres
StatusActive

About 1077 Summit Rd

Discover a captivating Montecito hideaway, ideally located near The Montecito Club, the Lower Village, & Butterfly Beach. Step into a world of vibrant gardens & secluded verandas, inviting you to unwind & savor the magical surroundings. Sip a glass of wine in formal rose gardens, relax on the private hot tub deck, & enjoy the hidden garden & koi pond near a charming 1/1 guest house. Architectural elegance awaits with vaulted ceilings, grand windows & French doors offering picturesque garden & mountain views, seamlessly connecting the indoor-outdoor spaces. Highlights include a gourmet kitchen, formal dining, wet bar, 3 fireplaces, 1st-floor primary, & 3 additional bedrooms (one currently used as an ensuite library/office). This is a haven for those seeking an opportune lifestyle.

Property Details

Property Features

Property Information:

  • Architectural Style: Cal Cottage
  • Year Built: 1947
  • Stories: 1
  • Living Area: 3,929 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (805) 284-0881, (805) 253-7700
  • Listing Agent: Jon Perkins, Michelle Heckman

Interior Features

Interior Information:

  • Appliances: Refrigerator, Gas Range, Gas Oven, Dishwasher, Double Oven, Microwave
  • Flooring Type: Hardwood, Tile, Concrete
  • Fireplace: Primary Bedroom, Family Room, 2+, LR

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Deck, Patio, Hot Tub, Gazebo, Fence

Parking Information:

  • Attached Garage: Yes
  • Parking: Gar #2, Interior Access, Attached

Virtual/3D Tour

  • 3D Tour: 1077 Summit Rd
3D Tour

Lot Features

Lot Information:

  • Lot: Level, Near Public Transit
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: From Coast Village Rd, roundabout to Hot Springs, left on Summit (road to Montecito Country Club)

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,995,000
  • Price Per SqFt: $2,289/SqFt

Tax Information:

  • Annual Amount: $49,950
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Santa Barbara, CA.

Med. Sold Price

$2.1M

Med. Price/SqFt

$1,240

Avg. Days On Market

43

# of Sold Homes

86

1077 Summit Rd vs Santa Barbara

151 DAYS ON ROCKET

+108 Days

$8,995,000

+$6.8M More

$2,289/SqFt

+$1K More

KEY TAKEAWAY

This property is $6.8M more than the Median Sold Price and $1K/SqFt more than other homes in Santa Barbara, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Santa Barbara Multiple Listing Service
  • MLS Number: #24-2055

Listing Office:

  • Office Name: Compass
  • Office Phone: (805) 284-0881, (805) 253-7700
  • Listing Agent: Jon Perkins, Michelle Heckman

IDXThe data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 04, 2021Home Sold
$6,750,000
Sep 15, 2010Home Sold
$3,950,000
Aug 24, 2007Home Sold
$2,900,000
May 14, 1999Home Sold
$1,800,000

Tax History

YEARPROP. TAXASSESSMENT
2021$49,950$4,675,258
2020$49,612$4,627,320
2019$47,879$4,536,589
2018$47,880$4,447,637
2017$46,995$4,360,429

History based on county public records data.

Payment Calculator

$44.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$27K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-558149
9
/10
  • Montecito Union

  • 385 San Ysidro Rd

  • 1.08 miles

  • Public District Grades KG-6

school-card-donut-558150
9
/10
  • Cold Spring Elementary School

  • 2243 Sycamore Canyon Rd

  • 1.24 miles

  • Public District Grades KG-6

school-card-donut-558151
5
/10
  • Cleveland Elementary School

  • 123 Alameda Padre Serra

  • 1.28 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,770. The majority of Santa Barbara, CA residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1077 Summit Rd

What is the listing price of this property?

The listing price of 1077 Summit Rd property is $8,995,000.

What type of property is this?

The property 1077 Summit Rd is a house located in Santa Barbara, California, 93108.

Is this property for sale now?

Active Listing: 1077 Summit Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $49,950 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 4, 2021 for $6,750,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1077 Summit Rd has 4 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 1077 Summit Rd is 3,929 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1077 Summit Rd is 1947.
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Rocket HomesCaliforniaSanta Barbara CountySanta Barbara931081077 Summit Rd

This home is located at 1077 Summit Rd in Santa Barbara, CA and zip code 93108 in the Eucalyptus Village neighborhood. This 3,929 square foot home, which was built in 1947, sits on a 1.00 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $8,995,000.

In October 2024, from all listings sold in Santa Barbara, CA there were more than 20 sold above asking price, over 56 sold below and more than 10 were sold right at the asked price. The inventory of homes for sale in Santa Barbara, CA between September 2024 and October 2024 increased by 7%. In October 2024 median list price was $2,129,415 and the average listing age was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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