700 Lilac Dr, Santa Barbara, CA 93108

3 beds3 baths2,997 sqft Edit

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Sold: $4,200,000
Sold on 10/02/12
Zestimate®: $5,159,308
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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

My Notes

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Prime Montecito - Over Three Gently Rolling Acres With Ocean/Mountain Views, Expansive Lawns, Boulders, And Beautiful Trees (Including More Than 20 Mature Avocado Trees). Existing 3 Bed/3 Bath Farmhouse Has Been Gutted In Anticipation of A Major Remodel To A 4 Bed/4 Bath Home - Come Finish It Yourself, Or Start Over And Build Your Dream Home. Excellent Gated Location, Surrounded By Amazing Estates

Facts

  • Lot: 3.25 acres
  • Single Family
  • Built in 1993
  • Last sold: Oct 2012 for $4,200,000
  • Price/sqft: $1,401

Features

  • Fireplace

      Construction

      • Unit count: 1

      Other

      • Floor size: 2,997 sqft
      • Parcel #: 007110068
      • Zillow Home ID: 15878289

      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

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      $5,159,308
      +$38,598 Last 30 days
      $4.80M
      $5.42M
      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
      $12,122/mo
      +$578 Last 30 days
      $5K
      $24K
      Zestimate range
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      Neighborhood

      Market guide

      Zillow predicts 93108 home values will increase 4.6% next year, compared to a 4.3% increase for Montecito as a whole. Among 93108 homes, this home is valued 88.6% more than the midpoint (median) home, and is valued 36.5% 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 29% greater than in Montecito, and 22.9% greater than the national average. This higher local number may prevent 93108 home values from rising as quickly as other regions in Montecito.

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

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        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