4 months on rocket

1260 E Mountain Dr, Santa Barbara, CA, 93108

$19,950,000

5 Bedrooms
8 Full Baths, 1 Partial
14,450 SqFt
$1,381/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Garage4 spaces
Year Built1990
HeatingForced Air, Radiant
CoolingCentral Air
BasementYes
FireplaceDining Room, Family Room, Gas, Living Room, Primary Bedroom, Outside
ViewOcean, Panoramic
Private PoolYes
MLS #24418741
Lot Size2.76 Acres
StatusActive

About 1260 E Mountain Dr

Escape to your own piece of paradise in this stunningly renovated ocean-view estate! With recent renovations by Giffin & Crane, the 12,300+ sq. ft. home exhibits a delightful blend of traditional Spanish-style architecture, world-class construction, and sophisticated modern finishes a resort-style getaway showcasing breathtaking ocean-&-island views and exceptional privacy, yet in convenient proximity to nearby hiking trails, San Ysidro Ranch, and Montecito's Upper Village. The impressive residence functions comfortably as a single-level home on the main floor, and features unique amenities including a game room, a home theatre, a wine grotto, an elevator, a home gym, a pool & pool cabana, a hot tub, a 3-car garage, & more!Step through the serene courtyard and inside the main entrance to be greeted by abundant natural light and striking ocean views. The main living area featuring beautiful wood and tile flooring, exposed-beam ceilings, a fireplace, and oversized metal-framed windows and doors offers a memorable first impression. Nearby, the expansive and well-equipped kitchen provides an inviting central gathering point, extending generously into an adjacent family room, breakfast area, and dining patio.Pleasantly secluded on the east end of the home, the luxurious primary bedroom suite is an alluring oasis featuring a cozy fireplace, an ocean-view patio, abundant walk-in closet space, and a stunning primary bathroom surrounded by lush views to the outside. Four additional en suite bedrooms and an office/den provide plenty of space for family or guests. An upper level office provides additional space to work or relax, and the lower level offers the ultimate space for entertaining or simply investing in personal rejuvenation whether that be in the game room, home theatre, wine grotto & cellar, or home gym!Outside, the gated property is enveloped by an enchanting symphony of verdant landscaping, oaks, palms, agaves, fruit-bearing trees, meandering stone walkways, and grassy lawn areas. From the back patio, an eye-catching water feature leads down towards the pool and cabana area, culminating in a dazzling, pool-side waterfall. Complete with an entertaining bar, outdoor fireplace, a bathroom, and a closable "bedroom" space, the pool cabana invites full enjoyment of California's indoor-outdoor lifestyle. "Las Cascadas" is a truly extraordinary property offering nearly endless opportunities to relax or entertain, surrounded by the comfort, privacy, and amenities that define Montecito living.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1990
  • Stories: 3
  • Living Area: 14,450 SqFt

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (805) 969-9993
  • Listing Agent: Dusty Baker

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Stone, Tile, Wood
  • Fireplace: Dining Room, Family Room, Gas, Living Room, Primary Bedroom, Outside

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 8
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Ocean, Panoramic

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot: Lawn, Landscaped
  • Lot Size: 2.76 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Radiant
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Hot Springs, turn left onto East Mountain Drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $19,950,000
  • Price Per SqFt: $1,381/SqFt

Tax Information:

  • Annual Amount: $141,911
  • 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

$1,256

Avg. Days On Market

47

# of Sold Homes

70

1260 E Mountain Dr vs Santa Barbara

147 DAYS ON ROCKET

+100 Days

$19,950,000

+$17.8M More

$1,381/SqFt

+$125 More

KEY TAKEAWAY

This property is $17.8M more than the Median Sold Price and $125/SqFt more than other homes in Santa Barbara, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24418741

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (805) 969-9993
  • Listing Agent: Dusty Baker

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: 12/18/2024, 5:21:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 05, 2020Home Sold
$14,725,000
May 20, 2016Home Sold
$12,250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$141,911$14,725,000
2020$140,931$13,407,692
2019$134,845$13,144,797
2018$134,845$12,769,900
2017$132,238$12,495,000

History based on county public records data.

Payment Calculator

$99.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$59.8K

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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-51172
9
/10
  • Cold Spring Elementary School

  • 2243 Sycamore Canyon Rd

  • 1.06 miles

  • Public District Grades KG-6

school-card-donut-51173
9
/10
  • Montecito Union

  • 385 San Ysidro Rd

  • 1.40 miles

  • Public District Grades KG-6

school-card-donut-51174
5
/10
  • Cleveland Elementary School

  • 123 Alameda Padre Serra

  • 2.10 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $129,521. Typical income of Santa Barbara, CA residents is $200k+ annually. The most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1260 E Mountain Dr

What is the listing price of this property?

The listing price of 1260 E Mountain Dr property is $19,950,000.

What type of property is this?

The property 1260 E Mountain Dr is a house located in Santa Barbara, California, 93108.

Is this property for sale now?

Active Listing: 1260 E Mountain Dr 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 $141,911 (source: MLS/based on county public records data).

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

The last sale was on November 5, 2020 for $14,725,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1260 E Mountain Dr has 5 bedrooms and 8 full and 1 half bathrooms.

What is the square footage of this property?

The property 1260 E Mountain Dr is 14,450 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1260 E Mountain Dr is 1990.
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Rocket HomesCaliforniaSanta Barbara CountySanta Barbara931081260 E Mountain Dr

This home is located at 1260 E Mountain Dr in Santa Barbara, CA and zip code 93108 in the Montecito neighborhood. This 14,450 square foot home, which was built in 1990, sits on a 2.76 acre lot. Features: 5 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $19,950,000.

In November 2024 more than 18 listings in Santa Barbara, CA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 45 were sold below. The number of homes for sale in Santa Barbara, CA decreased by 3.9% between October 2024 and November 2024. The median list price of listings available in November 2024 was $2,120,000, while the average time on the real estate market was 47 days.

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

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