FireplaceDining Room, Family Room, Gas, Great Room, Library
ViewMountain(s), Pond
MLS #24429919
Lot Size3.97 Acres
StatusActive
About 465 Hot Springs Rd
Unparalleled luxury coupled w artful & timeless design are brought to life at Montecito's meticulously reimagined Monte Arroyo Estate. A testament to rebirth & reinvention, this residence seamlessly blends old-world details w modern sophistication. Exclusivity & refinement await, complete w 9bd, 14 ba, expansive landscaping, a GH, wellness pavilion, pickleball court, & luxurious theater. Inside, you'll be captivated by thoughtful living spaces & lavish amenities, punctuated by elegance & flair. Outside, experience a botanical wonderland of serenity in the artfully curated gardens, sparkling pool & spa. Whether entertaining in style or unwinding in tranquility, this extraordinary residence is a private escape in the heart of Montecito. Embark on your legacy at Monte Arroyo Estate.
Property Details
Property Features
Property Information:
Architectural Style: Mediterranean
Year Built: 1910
Stories: 3
Living Area: 15,355 SqFt
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
This property is $39.8M more than the Median Sold Price and $1.4K/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: #24429919
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (805) 969-5026
Listing Agent: Nancy Kogevinas
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: 12/22/2024, 1:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$15,752
$1,295,355
2020
$15,752
$1,282,074
2019
$14,334
$1,256,937
2018
$14,335
$1,232,292
2017
$14,016
$1,208,130
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$209.6K
Per Month
Principal & Interest
$209.6K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$125.9K
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Montecito Union
385 San Ysidro Rd
Distance between this listing and this school0.62 miles
Public District Grades KG-6
9
/10
Cold Spring Elementary School
2243 Sycamore Canyon Rd
Distance between this listing and this school1.09 miles
Public District Grades KG-6
5
/10
Cleveland Elementary School
123 Alameda Padre Serra
Distance between this listing and this school1.67 miles
Public District Grades PK-6
Nearby Schools
3
/10
Santa Barbara Junior High School
721 E Cota St
Distance between this listing and this school2.64 miles
Public District Grades 7-8
4
/10
La Cumbre Junior High School
2255 Modoc Rd
Distance between this listing and this school4.88 miles
Public District Grades 7-8
7
/10
La Colina Junior High School
4025 Foothill Rd
Distance between this listing and this school6.52 miles
Public District Grades 7-8
Nearby Schools
6
/10
Santa Barbara High School
700 E Anapamu St
Distance between this listing and this school2.92 miles
Public District Grades 9-12
5
/10
Alta Vista Alternative High School
215 E Ortega St
Distance between this listing and this school3.11 miles
Public District Grades 9-12
1
/10
La Cuesta Continuation High School
710 Santa Barbara St
Distance between this listing and this school3.12 miles
The neighbors living near this home have an average income of $88,462. 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 465 Hot Springs Rd
What is the listing price of this property?
The listing price of 465 Hot Springs Rd property is $42,000,000.
What type of property is this?
The property 465 Hot Springs Rd is a house located in Santa Barbara, California, 93108.
Is this property for sale now?
Active Listing: 465 Hot Springs 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 $15,752 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 465 Hot Springs Rd has 9 bedrooms and 10 full and 4 half bathrooms.
What is the square footage of this property?
The property 465 Hot Springs Rd is 15,355 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 465 Hot Springs Rd is 1910.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 465 Hot Springs Rd in Santa Barbara, CA and zip code 93108 in the Lower Village Montecito neighborhood. This 15,355 square foot home, which was built in 1910, sits on a 3.97 acre lot. Features: 9 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $42,000,000.
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 listings 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.
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. 
PGA/LPGA
PGA/LPGA
Skiing/snowboarding
Figure Skating
Stein Mart
BJs Wholesale Club
Kmart
Cracker Barrel
Panera
Bob Evans
Lexus
Infiniti
Lincoln
Oldies
Adult Hits
News/Talk/Information