843 Hot Springs Rd, Santa Barbara, CA 93108

Studio-- baths3,452 sqft Edit

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Sold: $3,750,000
Sold on 07/03/12
Zestimate®: $4,610,389
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My Notes

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Perfectly situated down a private lane behind gates in one of Montecito's premiere locations, this newly remodeled home features South facing terraces overlooking a lush 1 acre garden "with lovely mountain views". The home was originally custom built and designed by Don Pedersen and recently underwent a major remodel by Harrison design and offer 4 bedroom suites. The grand foyer and staircase are flanked by a downstairs paneled office, gracious living room and elegant formal dining room with French doors leading to the garden. The remodeled kitchen and family room are ideal for entertaining or relaxing with family.

Facts

  • Lot: 1.04 acres
  • Single Family
  • Built in 1985
  • Views: 1,569 all time views
  • Last sold: Jul 2012 for $3,750,000
  • Last sale price/sqft: $1,086

Features

  • Fireplace

      Appliances Included

      • Dishwasher

      Construction

      • Unit count: 1

      Other

      • Floor size: 3,452 sqft
      • Last remodel year: 2000
      • Parcel #: 011260010
      • Zillow Home ID: 15881005

      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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      $4,610,389
      +$24,197 Last 30 days
      $3.92M
      $5.21M
      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
      $11,915/mo
      +$568 Last 30 days
      $4.5K
      $17K
      Zestimate range
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      $XXX,XXX
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      1,569 all-time views
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      207 forecasted views of this home
      in the first 7 days after listing for sale
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      Comparable Homes

      Homes like this sold for $2.88-8.95M.

      $2.53M
      $9.3M

      Mortgages

      Neighborhood

      Market guide

      Zillow predicts 93108 home values will increase 5.3% next year, compared to a 4.7% rise for Montecito as a whole. Among 93108 homes, this home is valued 79.2% more than the midpoint (median) home, and is valued 15.2% 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% less 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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        Nearby Schools in Montecito

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