848 Park Ln, Santa Barbara, CA 93108

6 beds5 baths7,228 sqft

For Sale
$7,695,000
Zestimate®: $6,469,727
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My Notes

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Located within the Golden Quadrangle of Montecito, this French Renaissance style estate is a timeless beauty. Watch video ~ https://www.youtube.com/watch?v=JxzQTlzAq90 ~ Superbly designed and constructed to completion in 1994 on two prime acres, the main residence captures the distinct feel of beautiful chateaus of Normandy and the Loire Valley in France.High ceilings and exquisite detail throughout provide an atmosphere of pure elegance, while the 5 artisan-crafted fireplaces provide a feeling of warmth and comfort. The master suite features a harbor-facing veranda, a beautiful fireplace, a fabulously luxurious bath and a huge walk-in closet. The property features a beautiful and self-sufficient guesthouse, pool and spa, ballet/flamenco studio, 5-car garage and large motor court. With exceptional ocean, harbor and mountain views, this property is outstanding. Complete with a ground water well and private water rights,the lush yet drought tolerant landscaping provides an elegant setting for an outdoor lifestyle. The two-acre setting also encompasses plenty of level and open space for further development of equestrian stable, tennis court, pool house, etc.. This is a rare offering of a prestigious address that exudes refinement, elegance & sophistication. If there is one word that best describes 848 Park Lane, it is... comfortable. 

What I love about the home

My wife told me that what she really loved about this house, it felt comfortable? This is an outstanding property - and it has plenty of Zen. I would love it for my family. It has been appraised above the asking price and is absolute value for the area.
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Facts

  • Lot: 2 acres
  • Single Family
  • Built in 1994
  • 449 days on Zillow
  • Views: 10,366 all time views
  • 92 shoppers saved this home
  • Cooling: Central
  • Heating: Forced air

Features

  • Attic
  • Barbecue
  • Cable Ready
  • Ceiling Fan
  • Disability Access
  • Double Pane/Storm Windows
  • Elevator
  • Fenced Yard
  • Fireplace
  • Fitness Center
  • Flooring: Carpet, Hardwood, Tile
  • Garden
  • Gated Entry
  • Hot Tub/Spa
  • Intercom
  • Jetted Tub
  • Lawn
  • Mother-in-Law Apartment
  • Parking: Garage - Attached, 5 spaces
  • Patio
  • Pool
  • Security System
  • Sports Court
  • Sprinkler System
  • Storage
  • Tennis Court
  • Vaulted Ceiling
  • View: City, Mountain, Territorial, Water
  • Wet Bar
  • Wired

Additional Features

  • Private ground water well
  • ballet studio
  • 5 artisan-crafted fireplaces
  • etc..

Appliances Included

  • Dishwasher
  • Dryer
  • Freezer
  • Garbage disposal
  • Microwave
  • Range / Oven
  • Refrigerator
  • Trash compactor
  • Washer

Room Types

  • Breakfast nook
  • Dining room
  • Family room
  • Laundry room
  • Library
  • Master bath
  • Office
  • Pantry
  • Recreation room
  • Walk-in closet
  • Workshop

Construction

  • Exterior material: Cement concrete
  • Roof type: Slate
  • Stories: 2
  • Structure type: French
  • Unit count: 1

Other

  • Floor size: 7,228 sqft
  • Heating: Gas, Solar
  • Last remodel year: 1998
  • Laundry: In Unit
  • Parcel #: 007060072
  • Zillow Home ID: 15878156

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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$6,469,727
-$24,080 Last 30 days
$5.18M
$7.38M
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
$18,368/mo
+$255 Last 30 days
$10K
$23K
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Comparable Homes

Homes like this sold for $4.84-11.69M.

$4.25M
$12.27M

Popularity on Zillow

10,089 views since listing
10,366 all-time (chart)
92 shoppers saved
this home to their list of favorites

Mortgages

Neighborhood: 93108

Zillow predicts 93108 home values will rise 5.3% next year, compared to a 4.7% increase for Montecito as a whole. Among 93108 homes, this home is 199% more expensive than the midpoint (median) home, and is priced 12.8% 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.
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Nearby

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    Rentals

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    Nearby Schools in Montecito

    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