After an extensive renovation by Marc Appleton, this reimagined estate is Montecito's most coveted offering. Stunning interiors beautifully balance sophistication & ease. Clean lines pair with rich woods, curated details, exquisite fixtures to create a home that is minimal, rich, and utterly luxe. An ocean view primary suite features two closets and an office/lounge which could be an additional bedroom. The residence stands in reciprocity with the land, each classic yet rooted with a modern sensibility for how we live today. Steel doors open to stone terraces with silvery olives in the foreground & ocean views on the horizon. With destinations to entertain and play, the pool/spa & outdoor spaces celebrate the best of Montecito's coveted lifestyle. Landscape & Concept ADU plans by W. Hefner.
Sold for $15,900,000 on 05/23/23
Listing Provided by:
Robert Riskin DRE #01954177 805-565-8600,
Village Properties
Bought with: Compass
$15,900,000
1045 Cold Springs Rd, Santa Barbara, CA 93108
5beds
5,958sqft
Single Family Residence
Built in 1994
0.76 Acres Lot
$14,449,700 Zestimate®
$2,669/sqft
$65,144 Estimated rent
Home value
$14,449,700
$12.57M - $16.33M
$65,144/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 13, 2024 at 09:24pm
Listing Provided by:
Robert Riskin DRE #01954177 805-565-8600,
Village Properties
Bought with:
Lucas Ebbin, DRE #01488213
Compass
Source: CRMLS,MLS#: 23251907
Originating MLS: CLAW
Originating MLS: CLAWFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Other
- Features: Walk-In Closet(s)
Heating
- Forced Air, Radiant
Cooling
- Central Air
Appliances
- Included: Dishwasher, Refrigerator, Dryer, Washer
- Laundry: Laundry Room
Features
- Breakfast Bar, Dressing Area, Walk-In Closet(s)
- Flooring: Wood
- Has fireplace: Yes
- Fireplace features: Dining Room, Family Room, Living Room, Primary Bedroom, Outside
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,958
- Total interior livable area: 5,958 sqft
Property
Parking
- Total spaces: 3
- Parking features: Door-Multi, Garage
- Attached garage spaces: 3
Features
- Entry location: Foyer
- Patio & porch: Open, Patio
- Pool features: In Ground
- Has spa: Yes
- Spa features: In Ground
- Has view: Yes
- View description: Mountain(s), Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 0.76 Acres
Details
- Parcel number: 013060029
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Tile
Condition
- New construction: No
- Year built: 1994
Community & neighborhood
Location
- Region: Santa Barbara
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2023 | Sold | $15,900,000-5.9%$2,669/sqft |
Source:  CRMLS #23251907 Report a problem | ||
| 4/3/2023 | Pending sale | $16,900,000$2,837/sqft |
Source:  SBMLS #23-701 Report a problem | ||
| 3/17/2023 | Listed for sale | $16,900,000+252.5%$2,837/sqft |
Source: SBMLS #23-701 Report a problem | ||
| 10/15/2020 | Sold | $4,795,000$805/sqft |
Source: Public Record Report a problem | ||
| 8/18/2020 | Pending sale | $4,795,000$805/sqft |
Source: Coldwell Banker Residential Brokerage Company #20-2132 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $173,806 +1.8% | $16,542,360 +2% |
| 2024 | $170,666 +207.3% | $16,218,000 +214% |
| 2023 | $55,536 +5.1% | $5,164,718 +5.6% |
Find assessor info on the county website
Neighborhood: 93108
Nearby schools
GreatSchools rating
- 9/10Cold Spring Elementary SchoolGrades: K-6Distance: 0.9 mi
- NASanta Barbara Unified Early ChildhoodGrades: Distance: 2.3 mi