2 months on rocket

740 Hot Springs Rd, Santa Barbara, CA, 93108

$4,600,000

3 Bedrooms
2 Full Baths
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Year Built2024
HeatingForced Air
CoolingCentral Air
FireplaceFamily Room
ViewMountain(s)
MLS #24-3371
Lot Size0.63 Acres
StatusActive

About 740 Hot Springs Rd

This bucolic single story Montecito farmhouse has been reborn! Fully reimagined and transformed, this stunning property includes three bedrooms, two full bathrooms, vaulted ceilings, modern fixtures, Lutron home system, woodburning fireplace, generous use of natural materials, a media room off the downstairs bedroom, and exceptional finishes throughout. You will be swept away by the tranquility of this freshly landscaped 2/3 acre lot behind the gates on Tejas Lane from the rope swing to the pergola, to the sauna, two outdoor showers, hot tub, koi pond, BBQ, and fire pit, the property offers unlimited opportunities to relax and enjoy all the Golden Quadrangle has to offer.

Property Details

Property Features

Property Information:

  • Year Built: 2024

Listing Office:

  • Office Name: Non Member Office, Goodwin & Thyne Properties
  • Office Phone: (805) 899-1100
  • Listing Agent: Non Member Agent, Olesya Thyne

Interior Features

Interior Information:

  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s)

Lot Features

Lot Information:

  • Lot Size: 0.63 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: US-101 North to Montecito, Take Hot Springs Road to Tejas Lane, home is second on the LEFT.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,600,000

Tax Information:

  • Annual Amount: $17,927
  • 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

740 Hot Springs Rd vs Santa Barbara

72 DAYS ON ROCKET

+25 Days

$4,600,000

+$2.4M More

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price in Santa Barbara, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Santa Barbara Multiple Listing Service
  • MLS Number: #24-3371

Listing Office:

  • Office Name: Non Member Office, Goodwin & Thyne Properties
  • Office Phone: (805) 899-1100
  • Listing Agent: Non Member Agent, Olesya Thyne

IDXThe 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: 12/21/2024, 11:51:05 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

Apr 15, 2010Home Sold
$1,335,000

Tax History

YEARPROP. TAXASSESSMENT
2021$17,927$1,592,005
2020$17,927$1,575,682
2019$17,173$1,544,788
2018$17,173$1,514,499
2017$16,807$1,484,804

History based on county public records data.

Payment Calculator

$23K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.8K

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-890153
9
/10
  • Montecito Union

  • 385 San Ysidro Rd

  • 1.00 miles

  • Public District Grades KG-6

school-card-donut-890154
9
/10
  • Cold Spring Elementary School

  • 2243 Sycamore Canyon Rd

  • 1.11 miles

  • Public District Grades KG-6

school-card-donut-890155
5
/10
  • Cleveland Elementary School

  • 123 Alameda Padre Serra

  • 2.06 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,125. Typical income of Santa Barbara, CA residents is $200k+ annually. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 740 Hot Springs Rd

What is the listing price of this property?

The listing price of 740 Hot Springs Rd property is $4,600,000.

What type of property is this?

The property 740 Hot Springs Rd is a house located in Santa Barbara, California, 93108.

Is this property for sale now?

Active Listing: 740 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 $17,927 (source: MLS/based on county public records data).

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

The last sale was on April 15, 2010 for $1,335,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 740 Hot Springs Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The sq. ft. of 740 Hot Springs Rd is not available (source: MLS/tax record).

Which year was this property built?

The year of construction for 740 Hot Springs Rd is 2024.
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Rocket HomesCaliforniaSanta Barbara CountySanta Barbara93108740 Hot Springs Rd

This home is located at 740 Hot Springs Rd in Santa Barbara, CA and zip code 93108 in the Upper Village Montecito neighborhood. This home, which was built in 2024, sits on a 0.63 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $4,600,000.

In November 2024, from all listings sold in Santa Barbara, CA there were more than 18 sold above asking price, over 45 sold below and more than 7 were sold right at the asked price. In November 2024 in Santa Barbara, CA there were 3.9% less homes for sale than in October 2024. Listings spent 47 days on the market in November 2024, and had a median list price of $2,120,000 during the same period.

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

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