550 Freehaven Dr, Montecito, CA 93108

5 beds7 baths9,000 sqft

For Sale
$15,750,000
Price cut: -$1,200,000 (3/4)
Zestimate®: $9,041,698
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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My Notes

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Incomparable views reach from the sea to the mountains, enveloping this 21+/- acre ridge top Italian estate in lush natural beauty. Luxuriously built with exceptional quality throughout, custom architectural elements lend the stunning residence an authentic Italian spirit while a 1bd/2ba pool house, wine cellar & tower viewing pavilion indulge the California lifestyle. Breathtaking gardens, stone terraces and romantic vignettes beckon quiet moments overlooking Montecito's stunning coastal landscape.

What I love about the home

Breathtaking ocean, coastal and mountain views. Elaborate gardens. Romantic outdoor living and dining space. Tower viewing pavillion.
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Facts

  • Lot: 21.5 acres
  • Single Family
  • Built in 2007
  • 471 days on Zillow
  • Views: 13,451 all time views
  • 168 shoppers saved this home

Features

  • Barbecue
  • Fenced Yard
  • Garden
  • Parking: Garage - Attached
  • Patio
  • Pool
  • View: Mountain, Water

Additional Features

  • Wine cellar, elevator, outdoor shower, butler's pantry

Construction

  • Structure type: Other

Other

  • Floor size: 9,000 sqft
  • Last remodel year: 2008
  • Parcel #: 005030041
  • Zillow Home ID: 96060372

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

Don't agree with your home's Zestimate? Owners can edit their home facts to make the Zestimate more accurate. Plus, you can leave an opinion on your Zestimate value below. Just click "Owner Estimate".
$9,041,698
-$204,134 Last 30 days
$7.05M
$11.9M
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$20,115/mo
-$217 Last 30 days
$13K
$28K
Zestimate range

Comparable Homes

Homes like this sold for $7.53-15.0M.

$6.62M
$15.91M

Popularity on Zillow

13,236 views since listing
13,451 all-time (chart)
168 shoppers saved
this home to their list of favorites

Mortgages

Neighborhood

Market guide

Zillow predicts 93108 home values will rise 5.3% next year, compared to a 5.6% rise for Santa Barbara as a whole. Among 93108 homes, this home is 512.1% more expensive than the midpoint (median) home, and is priced 85.6% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 93108, the number of foreclosures waiting to be sold is 44.8% lower than in Santa Barbara, and 69.5% lower than the national average. This lower local number could help 93108 home values rise more quickly than other regions in Santa Barbara.

Learn more about forecast calculations or 93108 home values.
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    Nearby Schools in Santa Barbara

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org