3 months on rocket

465 Hot Springs Rd, Santa Barbara, CA, 93108

$42,000,000

9 Bedrooms
10 Full Baths, 4 Partial
15,355 SqFt
$2,735/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Driveway, Garage, Gated
Attached GarageYes
Year Built1910
HeatingForced Air
CoolingCentral Air
FireplaceDining Room, Family Room, Gas, Great Room, Library, Primary Bedroom
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
  • Office Phone: (805) 969-5026
  • Listing Agent: Nancy Kogevinas

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Interior: Cathedral Ceiling(s), High Ceilings, Multiple Staircases, Walk-In Closet(s)
  • Fireplace: Dining Room, Family Room, Gas, Great Room, Library, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 4
  • Full Bathrooms: 10
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • View: Mountain(s), Pond

Parking Information:

  • Attached Garage: Yes
  • Parking: Door-Multi, Driveway, Garage, Gated

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 3.97 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Exit 101 at Hot Springs and continue onto Hot Springs Road. Turn left at 465 Hot Springs Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $42,000,000
  • Price Per SqFt: $2,735/SqFt

Tax Information:

  • Annual Amount: $15,752
  • 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

465 Hot Springs Rd vs Santa Barbara

92 DAYS ON ROCKET

+49 Days

$42,000,000

+$39.8M More

$2,735/SqFt

+$1.4K More

KEY TAKEAWAY

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

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: 11/21/2024, 7:20:51 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

YEARPROP. TAXASSESSMENT
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

$209.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$125.9K

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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-223037
9
/10
  • Montecito Union

  • 385 San Ysidro Rd

  • 0.62 miles

  • Public District Grades KG-6

school-card-donut-223038
9
/10
  • Cold Spring Elementary School

  • 2243 Sycamore Canyon Rd

  • 1.09 miles

  • Public District Grades KG-6

school-card-donut-223039
5
/10
  • Cleveland Elementary School

  • 123 Alameda Padre Serra

  • 1.67 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,462. Most Santa Barbara, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most 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.
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Rocket HomesCaliforniaSanta Barbara CountySanta Barbara93108465 Hot Springs Rd

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.

Santa Barbara, CA housing market in October 2024 saw over 20 listings sold above listed price, more than 10 sold at listed price and over 56 sold below. The number of listings in Santa Barbara, CA increased by 7% between September 2024 and October 2024. Listings spent 43 days on the market in October 2024, and had a median list price of $2,129,415 during the same period.

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

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