777 Picacho Ln, Santa Barbara, CA 93108

4 beds, 3.5 baths, 4,747 sqft
Off Market
Zestimate®: $7,368,343
Rent Zestimate®: $16,488/mo
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An elegant Santa Barbara lifestyle is enjoyed at this notable Italian Villa. Located on Picacho Lane, arguably Montecito's finest address, this exquisite residence was designed by acclaimed architect Don Nulty. The homes beauty, grace and panache are skillfully accompanied by superb quality construction. A long sweeping olive- lined driveway is a fine introduction to this distinguished estate. The gracious foyer opens onto inviting living spaces that showcase splendid ocean and mountain panoramas. With approximately 4800 square feet ofluxurious features, nearly every room is soaked in glorious sunlight and boasts high ceilings, wood floors, and French doors opening to dining/entertaining terraces, meticulously manicured gardens and the views. The stunning living room offers beautiful parquet hardwood floors;the handsome den/office is cloaked in rich wood paneling; and the exceptional dining room offers an intimate seating area with a discreet winebar. All of these rooms are warmed by truly magnificent fireplaces. The entertainers kitchen is a stunning marriage of form and function. With 15 beamed ceilings, three skylights, an ample center island, and generous cabinet and counter space, it runs smoothly, shows beautifully, and provides lots of room, for cook and guests. Doors open outside onto a most-romantic dining veranda, intimate and yet spacious enough for entertaining. Off its own galleria, enter the guest suite and you have just arrived in the most elegant hotel suite imaginable, truly a remarkable oasis. The master suite is nothing less than sumptuous! Glorious ocean views are enjoyed from the bedroom which opens to a covered terrace and the pool. The master bathroom is a room unto itself with an antique limestone fireplace creating a romantic ambience and 2 exceptional walk in closets. Private and quiet, the 2 room guest cottage offers a delightful retreat for guests. The lush acre provides for a feeling of space and serenity at the same time requiring little of its owner in the way of ongoing maintenance. This unique property is truly a jewel.  MoreLess
Facts
  • Lot: 1 acres
  • Single Family
  • Built in 1994
  • Last sold: Mar 2011 for $6,157,000
    Features
    • Fireplace
        Construction
        • Unit count: 1
        Other
        • Floor size: 4,747 sqft
        • Last remodel year: 1995
        • Parcel #: 011090027
        • Zillow Home ID: 15880620
        Home Values
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        $7,368,343
        +$215,923 Last 30 daysd
        $6.63M
        $7.96M
        Zestimate range
        Rent Zestimate What's this?
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        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
        $16,488/mo
        +$2,492 Last 30 daysd
        $4.8K
        $33K
        Zestimate range
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        Neighborhood for 777 Picacho Lane

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        Zillow predicts 93108 home values will increase 5.3% next year, compared to a 4.7% increase for Montecito as a whole. Among 93108 homes, this home is valued 186.3% more than the midpoint (median) home, and is valued 64.6% 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 17.9% lower than in Montecito, and 69.5% lower than the national average. This lower local number could help 93108 home values rise more quickly than other regions in Montecito.

        Learn more about forecast calculations or 93108 home values.
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