3 months on rocket

880 Picacho Ln, Santa Barbara, CA, 93108

$36,500,000

5 Bedrooms
6 Full Baths
10,776 SqFt
$3,387/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
Garage6 spaces
Year Built2014
HeatingForced Air, Floor Furnace, Radiant
CoolingCentral Air
FireplaceFamily Room, Gas, Living Room, Primary Bedroom, Outside
ViewOther, Mountain(s), Ocean
MLS #24421557
Lot Size2.59 Acres
StatusActive

About 880 Picacho Ln

Exemplifying the casual elegance of the Montecito lifestyle, this home has it all. Perfect for entertaining or as a private escape, this estate offers both sophisticated and meticulously appointed rooms, as well as the ability to live as a family home perfect for entertaining. Situated on 3.5 lushly landscaped acres (two legal parcels with compound potential) and irrigated by private well, the home sits atop coveted Picacho Lane. Offering expansive ocean and mountain views from within the home as well as from patios, bedroom balconies and exterior entertaining areas. Designed with a versatile floorplan, the five bedroom main house and two bedroom + office/gym guest house were recently built with meticulous attention to detail, highest-quality finishes and well-designed spaces throughout. Incorporated into the design are five-car garages accessed from 2 gated driveways, a separate home theater, lower level "bunk room," two laundry rooms, abundant storage options, separate mechanical room with easy access to all systems, temperature-controlled wine room with glass ceiling visible from main level den, gourmet kitchen with spacious butler' pantry offering additional appliances, dumbwaiter for easy transport up or down, and two outdoor dining BBQ areas. Additionally, there are floor to ceiling wood-and-glass pocket doors with pocket screens upstairs and down, opening up to the gorgeous sunrise-to-sunset views. The exterior offers a sports court (plenty of room to expand to full tennis court), bocce court, raised beds, organic orchards producing hundreds of pounds of fruit each year, children's play structures, rolling and flat lawns, and privacy in all directions.

Property Details

Property Features

Property Information:

  • Year Built: 2014
  • Stories: 3
  • Living Area: 10,776 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Wood
  • Interior: Separate/Formal Dining Room, Eat-in Kitchen, Wine Cellar
  • Fireplace: Family Room, Gas, Living Room, Primary Bedroom, Outside

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Other, Mountain(s), Ocean

Parking Information:

  • Garage Space: 6 spaces

Virtual/3D Tour

  • Virtual Tour: 880 Picacho Ln
Virtual Tour

Lot Features

Lot Information:

  • Lot: Back Yard, Lawn
  • Lot Size: 2.59 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Get on US-101 N Continue on US-101 N to Montecito. Take exit 94A from US-101 N, Continue on Olive Mill Rd. Drive to Picacho Ln

Price Information

Listing Price Info

Price Summary:

  • List Price: $36,500,000
  • Price Per SqFt: $3,387/SqFt

Tax Information:

  • Annual Amount: $119,769
  • 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

880 Picacho Ln vs Santa Barbara

100 DAYS ON ROCKET

+57 Days

$36,500,000

+$34.3M More

$3,387/SqFt

+$2.1K More

KEY TAKEAWAY

This property is $34.3M more than the Median Sold Price and $2.1K/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: #24421557

Listing Office:

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

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: 11/23/2024, 11:20:52 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 06, 2021Home Sold
$21,000,000
Nov 06, 2007Home Sold
$11,000,000

Tax History

YEARPROP. TAXASSESSMENT
2021$119,769$13,605,467
2020$119,769$11,400,000
2019$125,408$11,400,000
2018$125,408$12,000,000
2017$128,919$12,317,000

History based on county public records data.

Payment Calculator

$182.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$109.4K

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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-1010501
9
/10
  • Montecito Union

  • 385 San Ysidro Rd

  • 1.09 miles

  • Public District Grades KG-6

school-card-donut-1010502
9
/10
  • Cold Spring Elementary School

  • 2243 Sycamore Canyon Rd

  • 1.41 miles

  • Public District Grades KG-6

school-card-donut-1010503
5
/10
  • Cleveland Elementary School

  • 123 Alameda Padre Serra

  • 2.37 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. Residents typically live in married, no kids family. 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 880 Picacho Ln

What is the listing price of this property?

The listing price of 880 Picacho Ln property is $36,500,000.

What type of property is this?

The property 880 Picacho Ln is a house located in Santa Barbara, California, 93108.

Is this property for sale now?

Active Listing: 880 Picacho Ln 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 $119,769 (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 6, 2021 for $21,000,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 880 Picacho Ln has 5 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 880 Picacho Ln is 10,776 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 880 Picacho Ln is 2014.
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Rocket HomesCaliforniaSanta Barbara CountySanta Barbara93108880 Picacho Ln

This home is located at 880 Picacho Ln in Santa Barbara, CA and zip code 93108 in the Upper Village Montecito neighborhood. This 10,776 square foot home, which was built in 2014, sits on a 2.59 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $36,500,000.

In October 2024 more than 20 listings in Santa Barbara, CA were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 56 were sold below. The number of listings in Santa Barbara, CA increased by 7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $2,129,415, while the average time on the real estate market was 43 days.

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

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