FireplacePrimary Bedroom, Family Room, Dining Room, 2+, Gas, LR
ViewMountain(s)
MLS #24-2743
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: Medit, Estate
Year Built: 1910
Stories: 2
Living Area: 13,560 SqFt
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (805) 969-5026
Listing Agent: Nancy L Kogevinas
Interior Features
Interior Information:
Appliances: Refrigerator, Gas Range, Dishwasher, Disposal, Dryer, Microwave, Washer
Basement: Yes
Flooring Type: Hardwood, Tile
Fireplace: Primary Bedroom, Family Room, Dining Room, 2+, Gas, LR
Bedroom and Bathroom Information:
Partial Bathrooms: 4
Full Bathrooms: 10
Total Bedroom Count: 9
Exterior Features
Exterior Information:
View: Mountain(s)
Exterior: Pool, Patio, Hot Tub, Fruit Trees
Parking Information:
Attached Garage: Yes
Parking: Gar #3, Attached
Lot Features
Lot Information:
Lot Size: 3.97 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: Central Air
School Info
Assigned Schools Information:
Santa Barbara Senior High School, Public District Grades 9-12
Santa Barbara Junior High School, Public District Grades 7-8
Montecito Union, Public District Grades KG-6
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: $3,097/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: Santa Barbara Multiple Listing Service
MLS Number: #24-2743
Listing Office:
Office Name: Berkshire Hathaway HomeServices California Properties
Office Phone: (805) 969-5026
Listing Agent: Nancy L Kogevinas
The 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: 9/17/2024, 12:50:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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
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.
Elementary School
9
/10
Montecito Union
385 San Ysidro Rd
Distance between this listing and this school0.62 miles
Public District Grades KG-6
Middle School
3
/10
Santa Barbara Junior High School
721 E Cota St
Distance between this listing and this school2.63 miles
Public District Grades 7-8
High School
6
/10
Santa Barbara Senior High School
700 E Anapamu St
Distance between this listing and this school3.11 miles
Public District Grades 9-12
Assigned Schools
9
/10
Montecito Union
385 San Ysidro Rd
Distance between this listing and this school0.62 miles
Public District Grades KG-6
Nearby Schools
9
/10
Cold Spring Elementary School
2243 Sycamore Canyon Rd
Distance between this listing and this school1.12 miles
Public District Grades KG-6
5
/10
Cleveland Elementary School
123 Alameda Padre Serra
Distance between this listing and this school1.68 miles
Public District Grades KG-6
Assigned Schools
3
/10
Santa Barbara Junior High School
721 E Cota St
Distance between this listing and this school2.63 miles
Public District Grades 7-8
Nearby Schools
4
/10
La Cumbre Junior High School
2255 Modoc Rd
Distance between this listing and this school4.75 miles
Public District Grades 7-8
7
/10
La Colina Junior High School
4025 Foothill Rd
Distance between this listing and this school6.50 miles
Public District Grades 7-8
Assigned Schools
6
/10
Santa Barbara Senior High School
700 E Anapamu St
Distance between this listing and this school3.11 miles
Public District Grades 9-12
Nearby Schools
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
2
/10
La Cuesta Continuation High School
710 Santa Barbara St
Distance between this listing and this school3.13 miles
The neighbors living near this home have an average income of $88,462. The majority of Santa Barbara County, CA residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
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 Montecito, 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 are the assigned schools for this property?
The assigned schools for 465 Hot Springs Rd are: Montecito Union: GreatSchools Rating 9/10Santa Barbara Junior High School: GreatSchools Rating 3/10Santa Barbara Senior High School: GreatSchools Rating 6/10
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 13,560 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 Montecito, CA and zip code 93108 in the Lower Village Montecito neighborhood. This 13,560 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 August 2024 more than 55 listings in Santa Barbara County, CA were sold above the asking price. During the same period more than 29 listings were sold at asking price, while more than 91 were sold below. The number of listings in Santa Barbara County, CA increased by 3.8% between July 2024 and August 2024. In August 2024, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $1,253,034.
From Rocket Homes Real Estate and based on county public records data.