8 months on rocket

120 Montecito Ranch Ln, Summerland, CA, 93067

$70,000,000

12 Bedrooms
15 Full Baths, 10 Partial
27,000 SqFt
$2,593/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built2005
HeatingCentral
CoolingCentral Air
ViewOther, Hills, Mountain(s), Ocean, Panoramic, Trees/Woods, Water
MLS #24356083
Lot Size19.78 Acres
StatusActive

About 120 Montecito Ranch Ln

Welcome to The Bella Vista Estate, a world renowned and truly exceptional private equestrian property spanning over 20 acres adjacent to coveted Montecito, CA. Boasting approximately 27,000 square feet of luxurious living space, this estate combines the grandeur of Neoclassical architecture inspired by the elegance of Italian and French 18th century Villa designs. With 12 bedrooms, 25 bathrooms, and an array of interior volume including a grand 34-foot-high formal marble entry framing explosive views of the Pacific Ocean and the Santa Ynez Mountains. This masterpiece includes large-scale living and dining rooms, a gourmet kitchen, breakfast room, family room, office/library, and a 5,000-bottle wine cellar with an adjacent tasting room. Every aspect of functionality and purpose has been meticulously considered while remaining consistent with its geographic setting. Entertainment options are abundant and include amenities such as a 20-seat movie theater, a gym, spa, beauty salon, sports bar, and disco/ballroom accommodating up to 200 guests as well as an Olympic length infinity swimming pool. A separate guest wing and two additional 2 + 1.5 guest houses ensuring ample accommodations for generational holidays. The entire estate possesses a breathtaking setting that's just steps away from the sparkling Pacific coastline and the stunning Santa Ynez Mountain Range. The property also features a regulation size polo field (approximately 10 acres) with an adjacent polo clubhouse and lounge, a pool house, helicopter hangar (w/ two studio lofts + 2 staff kitchens), and a 32-car auto gallery. Majestic grounds include exquisitely landscaped gardens with streams, ponds, and waterfall, a 330-yard driving range, a putting green and sand trap with swing analytics equipment. In addition, historic Monarch Butterfly habitats gently hug two of the estates patio areas. Unparalleled craftsmanship, the finest finishes, and an array of amenities converge to create one of the world's most remarkable private estates.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean
  • Year Built: 2005
  • Stories: 2
  • Living Area: 27,000 SqFt

Listing Office:

  • Office Name: Christie's AKG
  • Office Phone: (424) 249-7162
  • Listing Agent: Aaron Kirman

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Dryer, Washer
  • Interior: Wine Cellar, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 10
  • Full Bathrooms: 15
  • Total Bedroom Count: 12

Exterior Features

Exterior Information:

  • View: Other, Hills, Mountain(s), Ocean, Panoramic, Trees/Woods, Water

Parking Information:

  • Parking: Driveway

Virtual/3D Tour

  • Virtual Tour: 120 Montecito Ranch Ln
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 19.78 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Google maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $70,000,000
  • Price Per SqFt: $2,593/SqFt

Tax Information:

  • Annual Amount: $344,971
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24356083

Listing Office:

  • Office Name: Christie's AKG
  • Office Phone: (424) 249-7162
  • Listing Agent: Aaron Kirman

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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, 1:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$344,971$32,469,849
2020$344,970$31,834,636
2019$256,276$26,851,606
2018$256,276$23,713,048
2017$252,612$23,213,775

History based on county public records data.

Payment Calculator

$349.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$209.9K

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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-624539
9
/10
  • Montecito Union

  • 385 San Ysidro Rd

  • 3.00 miles

  • Public District Grades KG-6

school-card-donut-624540
3
/10
  • Aliso Elementary School

  • 4545 Carpinteria Ave

  • 3.41 miles

  • Public District Grades KG-5

school-card-donut-624541
8
/10
  • Carpinteria Family

  • 1480 Linden Ave

  • 3.96 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $106,571. Most Santa Barbara County, CA residents have annual incomes between $100k-200k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 120 Montecito Ranch Ln

What is the listing price of this property?

The listing price of 120 Montecito Ranch Ln property is $70,000,000.

What type of property is this?

The property 120 Montecito Ranch Ln is a house located in Summerland, California, 93067.

Is this property for sale now?

Active Listing: 120 Montecito Ranch Ln 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 $344,971 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 120 Montecito Ranch Ln has 12 bedrooms and 15 full and 10 half bathrooms.

What is the square footage of this property?

The property 120 Montecito Ranch Ln is 27,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 120 Montecito Ranch Ln is 2005.
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Rocket HomesCaliforniaSanta Barbara CountySummerland93067120 Montecito Ranch Ln

This home is located at 120 Montecito Ranch Ln in Summerland, CA and zip code 93067 in the Summerland neighborhood. This 27,000 square foot home, which was built in 2005, sits on a 19.78 acre lot. Features: 12 bedrooms, 25 bathrooms. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $70,000,000.

Over 57 listings were sold over their listed price in October 2024 in Santa Barbara County, CA. In the same period over 101 listings were sold below the listed price and 36 listings were sold for the listed price. The number of listings in Santa Barbara County, CA increased by 1.4% between September 2024 and October 2024. In October 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $1,220,730.

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

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